Category Archive: 6a) Gold & Monetary Metals

Own Some Gold and Avoid Overvalued Assets

We could be heading for a golden age – or a return to the 1970s. The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday. The US ten-year Treasury yield is sitting at 2.96% as I write this morning, having got to 2.99% yesterday. Does this really matter? After all, 3% is just another number.

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“Blood In The Streets” Of U.S. Gold Bullion Coin Market

Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday. The U.S. Mint sold 4,500 ounces of American Eagle gold coins in April, down 25 percent from the year prior. However, April sales were up 29 percent from March.

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The Oil Curse Comes to Washington

Prices rise and prices fall. So, too, they fall and rise. This is how the supply and demand sweet spot is continually discovered – and rediscovered. When supply exceeds demand for a good or service, prices fall. Conversely, when demand exceeds supply, prices rise.

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Gold Price Increasingly Influenced By Declining Dollar Rather Than Interest Rates

Gold Price Gains Due To Declining Dollar Rather Than Interest Rates. Investors should not be put off by higher interest rates, World Gold Council research finds they do not always have a negative impact on gold. Only short-term movements in gold are ‘heavily influenced by US interest rates’. Correlation between US interest rates and gold is waning, with US dollar a better indicator of short-term gold price. New findings will reassure gold investors...

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Turkey and Russia Highlight Gold’s Role as a Strategically Important Asset

On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS). The source of the Ahval report was a Turkish language article from the popular Hürriyet newspaper in Turkey.

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London House Prices See Fastest Quarterly Fall Since 2009 Crisis

London house prices fell by 3.2% in the first quarter – Halifax. Brexit, financial and geo-political uncertainty lead to falls. Excluding sale of seven £10m-plus houses in London, prices were down 3.4% in the year. UK house prices climb by just 0.4% in April, the slowest increase since 2008 for same period. Sales transactions fall by 19% and asking versus selling prices show turning into buyers’ market. Homeowner or not, buy physical gold to hedge...

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Wrong-Way Breakout in Silver – Precious Metals Supply and Demand

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Russia Buys 300,000 Ounces Of Gold In March – Nears 2,000 Tons In Gold Reserves

Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves. Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t. Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets. Turkey has removed all gold held in the U.S. opting for Bank of England and BIS. Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in...

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Family Offices and HNWs Invest In Gold Again

Family Offices and HNWs Are Investing In Gold Again. Rising interest by family offices and high-net-worth (HNW) into gold bullion investments. Gold ETF assets have reached almost $100 billion due to HNWs and pension funds’ increased demand. Volatility in equities, concerns over trade wars, Trump’s Presidency and other economic worries are spurring demand for gold coins and bars. Prudent money ‘trickle’ back into gold as investors are reminded of...

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‘New buyer found’ for ailing Monetas blockchain firm

Troubled Swiss blockchain payments firm Monetas has found a new mystery buyer to pull it out of the mire, swissinfo.ch has learned. The company has run into major problems in the last few months, including enforced bankruptcy proceedings and the acrimonious failure of a previous takeover. “We are in the process of completing the purchase formalities with a buyer of Monetas.

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CRYPTO CRAZE IS CONCERNING | Marc Faber

https://sdbullion.com http://www.silverdoctors.com/precious-metals-market-podcast/ Marc Faber says the U.S. Dollar’s strength will not last long. “The last thing the U.S. administration wants today is to have a strong Dollar.” Right now, investors are geared towards equities and cryptocurrencies. However, Faber expects within a few years investors will turn towards gold and silver. Faber does not have faith …

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From Fake Boom to Real Bust

More is revealed with each passing day. You can count on it. But what exactly the ‘more is of’ requires careful discrimination. Is the ‘more’ merely more noise? Or is it something of actual substance? Today we endeavor to pass judgment, on your behalf.

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Getting High on Bubbles

Back in the drug-soaked, if not halcyon, days known at the sexual and drug revolution—the 1960’s—many people were on a quest for the “perfect trip”, and the “perfect hit of acid” (the drug lysergic acid diethylamide, LSD). We will no doubt generate some hate mail for saying this, but we don’t believe that anyone ever attained that goal.

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Russian Gold Rush – Precious Metals Supply and Demand

Keith Weiner’s weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

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Silver Bullion Remains Good Value On Positive Supply And Demand Factors

Silver bullion remains good value on positive supply and demand factors. Industrial demand set to continue to climb from 2017, into 2018 and beyond. Speculators are bearish on silver as net short positions in silver futures reach record. Investment demand sees silver ETF holdings at eight-month high of 665.4 million ozs. 2017 saw fifth consecutive annual physical deficit in scrap silver, of 26 moz. Global silver mine production fell 4% last year,...

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Hỏi đáp tỷ phú Marc Faber



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Hair Club For Traders S01E01

EvilSpeculator is dedicated to identifying trends in the financial markets. To that end, we post market updates several times a week and engage in pertinent discussions. Risk Disclosure: https://evilspeculator.com/risk/ Monday morning run down of the recent trending phase in equities. We'll also go through some basic statistical stats in the context of recent price action. If you want to pull your own stats for any Yahoo Finance symbol then...

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New All Time Record Highs For Gold In 2019

New all time record highs for gold in 2019. ‘Powerful bull market’ will likely send gold to $5,000 to $10,000. If USD & Treasuries keep falling, stocks may decline at ‘moment’s notice’. Traditional portfolio of stocks and bonds will not protect investors. “Gold will replace bonds as the go-to hedge”.

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Hair Club For Traders S01E01

EvilSpeculator is dedicated to identifying trends in the financial markets. To that end, we post market updates several times a week and engage in pertinent discussions. Risk Disclosure: https://evilspeculator.com/risk/ Monday morning run down of the recent trending phase in equities. We’ll also go through some basic statistical stats in the context of recent price action. …

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Palladium Bullion Surges 17percent In 9 Days On Russian Supply Concerns

Palladium bullion has surged a massive 17% in just nine trading days. From $895/oz on Friday April 6th to over $1,052/oz today (April 19th). The price surge is due to palladium being due a bounce after falling in the first quarter and now due to Russian supply concerns. In a volatile month, precious metals and commodities have been the clear winners so far, with palladium having the greatest gains of all – up 10.7% in April (see table below).

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