Category Archive: GoldCore

Gold ETFs or Physical Gold? Dangers In Exchange Traded Funds

Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different...

Peak Gold – Biggest Gold Story Not Being Reported

Peak gold – Biggest gold story not being reported. Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets. Decline in gold production at world’s top 10 gold mining companies - Byron King. “No new big mines being built in the world...

The Best Ways to Invest in Gold Today

The cost of buying and selling gold. How to buy gold on the cheap. How to avoid paying capital gains tax (CGT) on your gold. Open an account with one of the online bullion dealers – the likes of GoldMoney, GoldCore or Bullion Vault. Gold Sovereigns...

James Rickards: Long-Term Forecast For $10,000 Gold

James Rickards: Long-Term Forecast For $10,000 Gold. James Rickards, geopolitical and monetary expert and best selling author of the ‘The New Case for Gold’ has written an interesting piece for the Daily Reckoning on why he believes gold will reach...

Art Market Bubble Bursting? Gauguin Priced At $85 Million Collapses 74 percent

Art Market Bubble Bursting? Russian Billionaire Takes 74% Loss On “Investment”. $85 Million Gauguin Bought By Dmitry Rybolovlev in 2008. Christie’s auctioned the work at its evening sale in London. Global art sales plummet, but China rises as ‘art...

Gold Up 9 percent, Silver 14 percent YTD As Le Pen’s Lead Widens

Gold up 1.5% in euros and dollars this week. Silver up 1.4% this week and now up 14.3% and is the best performing market YTD. Gold up 9% year to date – fourth consecutive higher weekly close and breaks resistance at $1,250/oz. Gold up 9.4% in euros...

Gold To Benefit from Rising Inflation and Higher Than “Official” China Gold Demand

Frank Holmes joins Lawrie Williams, Koos Jansen and many others in questioning the “official” Chinese gold demand numbers. Real gold demand is likely much higher than the official numbers. Inflation just got another jolt, rising as much as 2.5 percent...

Russia Gold Buying Returns – Buys One Million Ounces In January

Russia Gold Buying Returns – Adds Substantial One Million Ounces To Reserves In January. Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion. The increase in the...

Greenspan Says Gold “Ultimate Insurance Policy” as has “Grave Concerns About Euro”

“The eurozone isn’t working …” warns Greenspan, “I view gold as the primary global currency” said Greenspan, “Significant increases in inflation will ultimately increase the price of gold”, “Investment in gold now is insurance…”

Gold Is Undervalued Say Leading Money Managers

Gold is undervalued according to a record number of fund managers. Last time gold was considered undervalued, the price surged. BAML surveyed 175 money managers with $543 billion in assets under management. 34% of investors believe protectionism is the...

Gold Prices Up 6 percent YTD As Trump ‘Honeymoon’ Ends

Gold prices continued to shine this week reaching $1,244.70 per ounce and and has posted gains in five of the last six weeks. This week it reached a new three-month high – it’s highest since the Trump win and has climbed over 6% this year, beating the...

Gold Prices Rising As “World Has Never Been More Uncertain”

Gold prices rising & up 6.6% YTD. Signal “impending market volatility”. World has never been more uncertain (see chart). Fear in Wall Street versus Fear in Washington. Price of ‘plunge protection’ rising even as VIX remains low. Smart money...

Gold Bullion Banks To “Open Vaults” In Transparency Push

London Gold Bullion Banks To “Open Vaults” In Transparency Push. London’s gold bullion market, which is centuries old, is said to be seeking transparency with plans to reveal how much gold bullion is held in vaults in and around London city according...

Ignore Sabre-Rattling Between Trump and The World, Buy Gold

Gold hits 12-week high. USD Gold price up 4.85% in last month. Sabre-rattling from Trump administration set-to benefit gold. Iran upset and Middle East tensions could drive oil and gold prices up. Financial Times foresees “not only currency wars but a...

Precious Metals As Safe Havens – Reassessing Their Role

New research confirms that not just gold but also the other precious metals – silver, platinum and palladium bullion – act as safe havens, especially from ‘Economic Policy Uncertainty.’ This is something that is particularly prevalent today due to the...

Dow 20K, US Debt $20 Trillion, Trump and Gold

By Jan Skoyles, Editor Mark O’Byrne In case you’ve been hiding under a rock, the Dow Jones Industrial Average reached 20,000 earlier this week for the first time in its 132 year history to much media fanfare. Bigcharts via Financial Sense Since...

Why 2017 Could See the Collapse of the Euro – Stiglitz

2017 could be the year that the euro collapses according to Joseph Stiglitz writing in Fortune magazine and these concerns were echoed over the weekend by former Bundesbank vice-president and senior European Central Bank official, Jürgen Stark, when he...

Gold’s average gains in inauguration years of 15 percent since 1974

Gold’s average gains in inauguration years of 15% since 1974. First year of new President frequently a time of increased uncertainties and risks. Gold rose 30% in the 12 months after Obama inauguration. Massive political uncertainty. President’s...