Category Archive: 6a.) GoldCore

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

Silver Prices To Surge – JP Morgan Has Acquired A “Massive Quantity of Physical Silver”

2018-01-16

JP Morgan Silver Stocks, Apr 2011 - Jan 2018

JP Morgan continues to accumulate the biggest stockpile of physical silver in history. “JPM now holds more than 133m oz -more than was held by the Hunt Bros” – Butler. Silver hoard owned by JPM has increased from Zero ozs in 2011 to 120m ozs today. Money managers showing more optimism towards silver through record buying. “Near impossible to rule out an upside price surprise at any moment”

Read More »

London Property Crash Looms As Prices Drop To 2 1/2 Year Low

2018-01-15

by Jan Skoyles

2018-01-15

London homeowners cut property prices by another 1.4% in January. Average price for a London house dropped by £22,000 to £600,926 in 2017. Takes 78 days to sell a home on average, the highest level since 2012. London’s downtrend continues after 2017 performance as worst UK housing market. UK regional house prices begin to falter as house prices climb slows down.

Read More »

Gold Hits All-Time Highs Priced In Emerging Market Currencies

2018-01-13

by Jan Skoyles

2018-01-13

Gold Prices in Emerging Markets Currencies, 2010 - 2018

Gold Hits All-Time Highs Priced In Emerging Market Currencies. Gold at all time in eight major emerging market currencies. A stronger performance than seen when priced in USD, EUR or GBP. As world steps away from US dollar hegemony expect new gold highs in $, € and £. Gold is a hedge against currency debasement and depreciation of fiat currencies.

Read More »

World is $233 Trillion In Debt: UK Personal Debt At New Record

2018-01-12

by Jan Skoyles

2018-01-12

The World is $233 Trillion In Debt: It’s Time to Rebalance To Gold. Record level global debt level hit $233 trillion in Q3 2017. World’s per capita debt now more than $30,000. UK personal debts climbed to the highest level since credit crunch, reaching more than £200bn. US consumer credit highest jump in 2 years by 8.8% in November to $3.83 trillion. BofE warn UK banks could incur £30bn of losses if interest rates and unemployment rise sharply.

Read More »

Gold Prices Rise To $1,326/oz as China U.S. Treasury Buying Report Creates Volatility

2018-01-11

by Mark O'Byrne

2018-01-11

Gold Price in US Dollar, 10-11 January 2018

Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying. Equities fell sharply on the report as did Treasurys and the U.S. dollar. Chinese officials think U.S. debt is becoming less attractive compared to other assets. Trade tensions could provide a reason to slow down or halt U.S. debt purchases. U.S. dollar vulnerable as China remains biggest buyer of U.S. sovereign debt. Currency wars to return as China rejects U.S....

Read More »

10 Reasons Why You Should Add To Your Gold Holdings

2018-01-10

by Jan Skoyles

2018-01-10

Gold Price and S&P 500 Index, 2000 - 2017

10 Reasons Why You Should Add To Your Gold Holdings. Gold currently undervalued. Since 2000, the gold price has beaten the S&P 500 Index. A ‘a once-in-a-decade opportunity’ as gold-to-S&P 500 ratio is at its lowest point in 10 years. Reached ‘peak gold’ as exploration budgets continue to tighten. $80 trillion sits in global equities, a ‘ticking time bomb’. Gold remains an appealing diversifier in the current environment of high valuations and...

Read More »

Palladium Prices Surge To New Record High Over $1,100 On Supply Crunch Concerns

2018-01-07

by Jan Skoyles

2018-01-07

Palladium prices surge to new record high over $1,100/oz today. Palladium surges past record nominal price seen in 2001 after 55% surge in 2017. Best-performing precious metal and commodity of 2017 is palladium. Palladium prices top platinum prices for first time in 16 years. Strong Chinese car demand and switch from diesel to petrol cars sees demand surge. Supply crunch as six year supply deficit & 2017 deficit expected to hit 83,000 ounces

Read More »

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

2018-01-06

by Jan Skoyles

2018-01-06

Christmas film serves as reminder that savings are not guaranteed protection by banks. Savers are today more exposed to banking risks than ever before. Gold and silver investment reduce exposure to counterparty risks seen in financial system. Basket of Christmas goods has climbed since 2016 thanks to 11% climb in gold price.

Read More »

Gold Has Best Year Since 2010 With Near 14percent Gain In 2017

2018-01-05

by Jan Skoyles

2018-01-05

Gold Has Best Year Since 2010 With Near 14% Gain In 2017. Gold posted second straight annual gain in USD in 2017. Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR. 2017 is gold’s best year since 29.5% gain in 2010. Strong performance despite rate hikes and stock bubble. India’s gold imports surged 67% in 2017, Turkish, Chinese demand strong. Gold finished 2017 with longest rally since June 2016. 2018: Currency War and The Year of the...

Read More »

Happy 2nd Birthday Bail-in Tool! We Suggest Gold As The Perfect Gift

2018-01-04

by Jan Skoyles

2018-01-04

Happy 2nd Birthday Bail-in Tool! We Suggest Gold As The Perfect Gift. Two years since bail-in rules officially entered EU regulations. EU bail-in rules have wiped out billions for savers and and businesses, with more at risk. Future of many failing banks now rests on depositors who may no longer be protected by deposit insurance.

Read More »

98,750,067,000,000 Reasons to Buy Gold in 2018

2018-01-03

by Jan Skoyles

2018-01-03

98,750,067,000,000 Reasons to Buy Gold in 2018. World equity index market capitalization touching distance of $100 trillion dollars at beginning of December. Key indicators across global financial markets are looking decidedly bubble-like. Little indication that we are through the worst of the financial crisis that started in 2007. Apparent lack of concern regarding the over-heated and overpriced markets.

Read More »

Gold, Bitcoin and the Blockchain Replaces the Banks – Realists Guide To The Future

2018-01-02

by Jan Skoyles

2018-01-02

Gold, Bitcoin and the Blockchain Replaces the Banks – Realists Guide To The Future. Futurist guide to 2028 shows a world of uncertainty and disruption. One scenario suggests cybersecurity attacks will result in bitcoin and blockchain’s dominance of financial systems. Cybersecurity threat will still loom large and wreak havoc. Gold, silver and other real assets will benefit. Adoption of cryptocurrencies and blockchain will send gold price soaring....

Read More »

New Rules For Cross-Border Cash and Gold Bullion Movements

2017-12-24

by Jan Skoyles

2017-12-24

New EU Rules For Cross-Border Cash, Gold Bullion Movements. War on cash continues and expands to affect non-criminals including gold owners. New definitions of “cash” to be drawn up by EU to include gold and precious metals. Claim cash and gold bullion “often used for criminal activities such as money laundering, or terrorist financing”. Legislation will allow authorities to seize assets from those ‘without a criminal conviction’. New rules usurp...

Read More »

‘Gold Strengthens Public Confidence In The Central Bank’ – Bundesbank

2017-12-23

by Jan Skoyles

2017-12-23

‘Availability of gold strengthens public confidence in the central bank’s balance sheet’ say Bundesbank. Bundesbank has Audited Reserves amounting to almost 3,400 tonnes, around 68% of Bundesbank’s reserve assets. Bank taken series of steps to increase transparency around Germany’s gold holdings. Germany has second largest gold holdings in the world; U.S. believed to be largest. Transparency important and all central banks should follow the...

Read More »

Bailins Coming In EU – 114 Italian Banks Have Non Performing Loans Exceeding Tangible Assets

2017-12-09

by Jan Skoyles

2017-12-09

Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets. Italy opposes ECB proposal that holds banks to firm deadlines for writing down bad loans. Italy’s banks weighed down under €318bn of bad loans. New ECB rules could ‘derail’ any recovery in Italy’s financial system. Draft proposal requires banks to provision fully for loans that turn sour from 2018. ECB insists banks have better access to collateral on delinquent debt...

Read More »

Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries

2017-12-08

by Jan Skoyles

2017-12-08

Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries. Increased efforts in green energy and advanced technology set to boosts silver’s demand. Four-year supply deficit set to increase due to fewer mine openings and discoveries. Bank manipulation may be why silver under performing. TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018.

Read More »

An Interview with GoldCore Founder, Mark O’Byrne

2017-12-07

by Mark O'Byrne

2017-12-07

“Uber-bull predictions of gold at over $5,000 per ounce are not beyond the realms of possibility…” So says GoldCore founder and self-confessed gold bug, Mark O’Byrne. Indeed, I recently caught up with Mark to get his thoughts on gold and what’s going on with it right now… But before we got to the nitty-gritty, I started by asking him a little about his background.

Read More »

Low Cost Gold In The Age Of QE, AI, Trump and War

2017-12-04

by Mark O'Byrne

2017-12-04

‘Fear and Loathing In the Age of QE … AI’ is a presentation given at Mining Investment London earlier this week. Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries.

Read More »

Own Gold Bullion To “Support National Security” – Russian Central Bank

2017-12-03

by Jan Skoyles

2017-12-03

We own gold bullion to “support national security” – Russian Central Bank. Russia warns Washington: Confiscating fx reserves would be “declaration of financial war”. Russia has quadrupled its gold bullion reserves in decade. BRICs discussing ‘the possibility of establishing a single (system of) gold trade’. Russia, China & maybe Saudi Arabia form alliances to unseat petrodollar. Putin warns state-owned and private companies: be ready for rapid...

Read More »

Bitcoin $10,000 – Huge Volatility of Cryptocurrencies and Risky Fiat Making Gold Attractive

2017-12-02

by Mark O'Byrne

2017-12-02

Bitcoin tops $10,000, soaring more than 850% since beginning of 2017. Irrational exuberance arguably main driver of price performance. Google Trends shows search for ‘Bitcoin Bubble’ hit highest level this morning. Buyers need to be aware of hacking and security risks. Other primary risks to widespread adoption is volatility and liquidity risk. World’s largest online trading platform IG Markets suspends BTC trading – Volatility of...

Read More »