Category Archive: GoldCore

Gold Up 74% and One Of Top Performing Assets Since Last Market Peak 10 Years Ago

10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th. Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4% pa in GBP. Precious metal has climbed $736/oz on Oct 9th 2007 to $1278.75 ten-years later. S&P 500’s 102% climb is thanks to asset-pumping policies by central banks, rather than value. Gold’s performance is slowly forcing mainstream to re-consider gold.

Read More »

How Gold Bullion Protects From Conflict And War

What Steel’s study shows is that, as with any monetary force, it is how it is managed rather than what it is that carries responsibility for conflicts and the resulting financial situation. Steel’s work also demonstrates the strength and protection access to gold will give a country or army during times of conflict.

Read More »

Silver Bullion Prices Set to Soar

Gold prices have far outpaced gains in silver so far this year, but silver will emerge as the winner for the second year in a row. With a per-ounce price of $17.41 for silver futures as of Friday, analysts say the white metal is poised for a big climb, particularly as the gold-to-silver ratio stands well above historical averages.

Read More »

Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures

Brexit UK vulnerable as gold bar exports distort UK trade figures. Britain’s gold exports worth more than any other physical export. Gold accounted for more than one in ten pounds of UK exports in July 2017. UK’s stock of wealth has collapsed from a surplus of £469bn to a net deficit of £22bn – ONS error. Brexiteers argue majority of trade is outside EU, this is due to large London gold exports. Single gold bar (London Good Delivery) is, at today’s...

Read More »

U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold

US Mint gold coin sales and VIX at weakest in a decade. Very low gold coin sales and VIX signal volatility coming. Gold rises 1.7% this week after China’s Golden Week; pattern of higher prices after Golden Week. U.S. Mint sales do not provide the full picture of robust global gold demand. Perth Mint gold sales double in September reflecting increased gold demand in both Asia and Europe. Middle East demand likely high given geopolitical risks. Iran...

Read More »

Global Outlook – Mad, Mad, Mad, MAD World: News in Charts

Global Outlook – Mad, Mad, Mad, MAD World: News in Charts by Fathom Consulting via Thomson Reuters. Alarm bells are ringing for economic fundamentalists such as Fathom Consulting. Asset prices look increasingly out of step with fundamentals, and in some cases they look downright bubbly. And other geopolitical developments are similarly alarming. One might even describe them as…

Read More »

Young Guns of Gold Podcast – ‘The Everything Bubble’

Young Guns of Gold Podcast – ‘The Everything Bubble’. Precious Metal Roundtable discuss gold in 2017 and outlook. Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets. “People are expecting too much from gold”. Economy: Inflation indicators, recession on the horizon, global debt issues. Global demand: ETF inflows, Russia central bank purchases, Germany investment figures and international...

Read More »

Perth Mint Gold Coins Sales Double In September

Perth Mint gold coins see sales double on month in September. Perth Mint silver bullion coin sales surge 78% in September. Perth Mint sold 46,415 ounces of gold in September. Nearly six times more gold coins sold at Perth Mint than U.S. Mint in September. Sales surge at Perth Mint from low base; could indicate trend change and higher demand in coming months

Read More »

Gold Investment In Germany Surges – Now World’s Largest Gold Buyers

Gold investment in Germany surged in past 10 years. Germans are largest gold buyers in world: WGC research. Gold investment in Germany surges to €6.8B in 2016. Gold demand per person is highest in world – double Chinese, UK and U.S. demand. Gold one of the most popular investment for retail investors especially those with high incomes. 59% of respondents agreed with the statement that gold will never lose its value in the long-term. 48% agreed with...

Read More »

Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold

Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft. Equifax hacking and security breach exposes half of the U.S. population. Some 143 million people vulnerable to identity theft. Deloitte hack compromised sensitive emails and client data. JP Morgan hacked and New York Fed hacked and robbed. International hacking group steals $300 million. Global digital banking and financial system not secure

Read More »

Safe Haven Silver To Outperform Gold In Q4 And In 2018

Safe haven silver to outperform gold in Q4 and 2018. “Expect silver to eventually outperform gold” say Metals Focus. 2017 YTD, silver has underperformed gold, climbing by 5% versus 11%. Silver undervalued versus gold and especially stocks, bonds and many property markets. Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold. Special report on India shows it accounts for just 16% of global silver demand....

Read More »

Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD

Gold climbs over 12% in YTD, matching S&P500 performance. Palladium best performing market, surges 36% 2017 YTD. Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ. Geo-political concerns including Trump and North Korea supporting gold. Safe haven demand should push gold higher in Q4. Owning physical gold not dependent on third party websites and technology remains essential.

Read More »

Gold Standard Resulted In “Fewer Catastrophes” – FT

“Going off gold did the opposite of what many people think” – FT Alphaville. “Surprising” findings show benefits of Gold Standard. Study by former Obama advisor in 1999 and speech by Bank of England economist in 2017 make case for gold. UK economy was ‘much less prone to extremes’ under than the gold standard – research shows. ‘Gold standard seems to have produced fewer catastrophes for Britain’ – data shows . FT still wary of gold standard arguing...

Read More »

Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting”

Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines. Stock and bond markets are overvalued but continue to climb… for now. What goes up must come down and investors should diversify and rebalance portfolios despite market noise. Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out.

Read More »

“Backdrop For Gold Today Is As Bullish As It Has Been In A Long Time” – GoldCore Dublin

Gold finished sharply higher on Monday, recouping roughly half of last week’s loss, as declines in the U.S. stock market and growing tensions between the U.S. and North Korea lifted prices for the yellow metal to the highest settlement in more than a week.

Read More »

Gold Investment “Compelling” As Fed Likely To Create Next Recession

Gold Investment “Compelling” As Fed Likely To Create Next Recession. Is the Fed about to kill the business cycle? 16 out of 19 rate-hike cycles in past 100 years ended in recession. Total global debt at all time high – see chart. Global debt is 327% of world GDP – ticking timebomb. Gold has beaten the market (S&P 500) so far this century. Safe haven demand to increase on debt and equity risk. Gold looks very cheap compared to overbought markets....

Read More »

Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms

£1 trillion crisis looms as pensions deficit and consumer loans snowball out of control. UK pensions deficit soared by £100B to £710B, last month. £200B unsecured consumer credit “time bomb” warn FCA. 8.3 million people in UK with debt problems. 2.2 million people in UK are in financial distress. ‘President Trump land’ there is a savings gap of $70 trillion.

Read More »

“This Is Where The Next Financial Crisis Will Come From” – Deutsche Bank

In an extensive, must-read report published on Monday by Deutsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen, and how the world could respond assuming it still has means to counteract the next economic and financial crash.In our first take on the report yesterday, we showed one key aspect of the “crash” calculus: between bonds and...

Read More »

Global Debt Bubble Understated By $13 Trillion Warn BIS

Global debt bubble may be understated by $13 trillion: BIS. ‘Central banks central bank’ warns enormous liabilities have accrued in FX swaps, currency swaps & ‘forwards’. Risk of new liquidity crunch and global debt crisis. “The debt remains obscured from view…” warn BIS.

Read More »

Bitcoin Price Falls 40percent In 3 Days Underling Gold’s Safe Haven Credentials

Bitcoin price action shows cryptos vulnerable to commentary and government policies. Bitcoin falls to low of $2,980, down by $1,000 in week as China flexes muscles. Volatility major issue: In 3 days btc fell 40% before bouncing 25% off lows. BIS state risks of cryptos cannot yet be fully assessed and says technology still unproven. Apple and Google developing a payment API for cryptos – may give governments full oversight. Bitcoin and cryptos...

Read More »
Page 112345...Last »