Category Archive: 6a.) GoldCore

Filter archive by: Show All Show only Articles Show only Videos

Gold Leads the Way for Silver

2021-09-10

by

2021-09-10

Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation.

Read More »

The Changing Role of Gold

2021-08-20

by

2021-08-20

In our post on August 11 titled End of an ERA: The Bretton Woods System and Gold Standard Exchange, we discussed the significance of then-President Nixon’s action of closing the gold window thereby ending the Bretton Woods Monetary system. Under the Bretton Woods monetary system, central banks could exchange their US dollar reserves for gold. This also ended the gold fixed price of US$35 per ounce. This week we explore the two...

Read More »

Gold, Stocks & Commodities- A Complicated Correlation

2021-08-07

by

2021-08-07

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars.

Read More »

Quantitative Easing: A Boon or Curse?

2021-07-24

by

2021-07-24

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the QE programs during the Covid pandemic. As economies recovered after the...

Read More »

Is Gold Still in a Bull Market?

2021-06-26

by

2021-06-26

Today Gareth Soloway, Chief Market Strategist of InTheMoneyStocks.com talks about his technical analysis of gold and silver as well as giving us insights in to the recent moves in Bitcoin and the stock markets. Recent comments from the Federal Reserve Chairman Jerome Powell indicated that they may need to raise rates in 2023 (2 years away!). This is primarily due to the continued excessive money printing fueling a surge in inflation. Inflation is...

Read More »

Demand for Gold is Expected to Grow Exponentially in 2021

2021-05-06

by

2021-05-06

Demand for Gold
The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week. Before focusing in on investment demand below a few notes on overall gold demand in the first quarter.

Read More »

Marriage of Gold and Cryptocurrencies: A New Future?

2021-04-16

by

2021-04-16

The debate between relatively new digital cryptocurrencies versus ‘tried and true’ gold has dominated most precious metals related websites. But what if gold and cryptocurrencies were combined? According to a Bloomberg article a NYC Real Estate Mogul, after learning about cryptocurrencies from his son, is putting this concept to work by securing a minimum of $6 billion in gold reserves to back his new cryptocurrency.

Read More »

Is ESG Investment the Future of Gold & Silver?

2021-04-10

by

2021-04-10

‘ESG’ is a great buzzword in investing right now. For years the momentum has been building for the idea that retirement savings should do more than keep you secure, it also should help the planet. Obviously, no one wants to hurt the planet since its our only home. ESG Investment is shorthand for Environmental, Social and Governance, which are the three lenses through which investments are to be ranked.

Read More »

Is The Bull Market Over For Gold?

2021-04-03

by

2021-04-03

Gold has not made new highs in many months. Gold peaked last year at US$2067 on August 6. The 7 month down leg of more than 18% as been deep enough and long enough that some commentators are now saying that the bull market has now turned to a bear market for gold.  Losing faith is understandable because falling prices feel bad. But this week we want to show that current prices may not reflect reality.

Read More »

ETF Gold Demand Soars while Consumer Demand Slows

2021-03-19

by

2021-03-19

ETF gold demand from investors has soared over the past year. The unprecedented fiscal and monetary stimulus were rolled out to tackle the effects of Covid -19. However, consumer demand, particularly but not surprisingly, jewellery demand slumped.

Read More »

Central Banks Will Still Do “Whatever It Takes”!

2021-03-06

by

2021-03-06

Governments are taking a page out of the play book that monetary policy began a decade ago – which will lead to even higher debt levels.

Read More »

How High is Too High for Rising Government Bond Yields?

2021-02-27

by

2021-02-27

The two day rise in the gold price of more than US$50 fizzled out on Tuesday. The gold price is down about 7% (in US dollar terms) since its year-to-date high set on January 6. It is also down 13% from its all-time high set in August 2020. The silver price, boosted by social media attention, did not set its year-to-date high until February 1.

Read More »

Gold Price Forecast – LBMA Survey Published

2021-02-14

by

2021-02-14

The LBMA (London Bullion Market Association) annual forecast survey published last week shows that forecasters expect the average gold price to rise 11.5% in 2021 to US$1973.8 (forecasters’ average) from the actual average gold price in 2020 of US$1769.6, and for the silver price to rise 38.7% in 2021 to US$28.50 from the actual annual average of US$20.55 in 2020. These expected averages show silver might gain three times more percentage than that...

Read More »

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

2021-01-28

by

2021-01-28

Global confirmed coronavirus cases surpassed 100 million this week. There is no denying that the coronavirus pandemic has caused tremendous hardship and loss. To mitigate new cases climbing further, stricter lockdown and travel restrictions are being announced and implemented, with the curfew in the Netherlands as an example. Lock-down fatigue, as evidenced by the riots against this implemented curfew, is growing. Through it all, hope is on the...

Read More »

$1.9 Trillion American Rescue Plan Positive for Gold

2021-01-23

by

2021-01-23

The Massive $1.9 Trillion American Rescue Plan is Just the Start. Massive $1.9 Tr. American rescue plan to affect markets Yellen takes over at US Treasury, what to expectMore spending initiatives to comeHow all this is positive for gold and silver prices. The Biden Administration’s policies are positive for gold and silver prices.

Read More »

Gold & Silver Charts Point to Higher Prices & Chris Vermeulen

2021-01-12

by

2021-01-12

Chris Vermeulen of TheTechnicalTraders.com joins Dave Russell of GoldCore TV.

Read More »

Gold to $2,300 and Silver to $35 by Year End – 2021, the Year the Barometer Explodes?

2021-01-09

by

2021-01-09

The US dollar set for further dramatic declines?Negative interest rate policy spreadingIncreased global liquidity in attempt to ignite a recoveryDemocrats’ win paves way for massive stimulus packagesGold and silver set to rally strongly in a perfect storm.

Read More »

The Great Reset vs. The Great Reset

2020-12-05

by

2020-12-05

In baseball, there is a situation where a base runner is sprinting to home plate and can’t see what is happening behind him. Totally focused on scoring, he doesn’t know if the outfielder is throwing a ball that will reach home plate first. That’s where we get the phrase “out of left field.” (If the ball were coming from right field, the runner could actually see it.)

Read More »

There is No Denying that Cash is Trash!

2020-12-04

by

2020-12-04

World Gold Council, 1900-2010
Governments are likely to continue printing money to pay their debts with devalued money. That’s the easiest and least controversial way to reduce the debt burdens and without raising taxes.

Read More »

Biden Transition and Vaccine Hopes Weigh on Gold for Now

2020-11-25

by

2020-11-25

GoldCore Gold Chart
Today we are taking our monthly look at the charts for gold and silver. We have now received news of 3 Covid19 vaccines that are seeking approval following successful trials and markets have sat up and listened.

Read More »