Category Archive: 6a.) GoldCore

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

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

2017-02-24

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 year to date as Le Pen’s lead in polls widened. Gold up another 6.4% in sterling pounds year to date as ‘Hard Brexit’ looms.

Read More »

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

2017-02-22

by Mark O'Byrne

2017-02-22

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 year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month.

Read More »

Russia Gold Buying Returns – Buys One Million Ounces In January

2017-02-21

by Mark O'Byrne

2017-02-21

Russian Central Bank Gold Reserves January 2017

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 gold reserves came after Russia did not buy a single ounce in December – a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration.

Read More »

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

2017-02-20

by Mark O'Byrne

2017-02-20

“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…”

Read More »

Gold Is Undervalued Say Leading Money Managers

2017-02-18

by Jan Skoyles

2017-02-18

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 biggest threat to markets. Gold viewed as the best protectionist investment by a third of investors.

Read More »

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

2017-02-10

by Jan Skoyles

2017-02-10

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 gains made in the same period in 2016.

Read More »

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

2017-02-08

by Mark O'Byrne

2017-02-08

Uncertainty Is At Record Highs 1990 - 2016

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 diversifying into gold. Important to watch rising gold and rising bond yields. Gold may prove the “tell”.

Read More »

Gold Bullion Banks To “Open Vaults” In Transparency Push

2017-02-06

by Mark O'Byrne

2017-02-06

LBMA Vaulted Gold in London 2011, 2014, 2015

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 to gold bullion banks.

Read More »

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

2017-02-03

by Jan Skoyles

2017-02-03

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 fully fledged trade confrontation that could be disastrous for the world economy.” Royal Mint producing 50 % more gold bullion coins and bars compared to 2016

Read More »

Precious Metals As Safe Havens – Reassessing Their Role

2017-02-01

by Mark O'Byrne

2017-02-01

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 ‘Hard Brexit’ impact on the UK and the Eurozone, risk of trade wars and heightened financial and geopolitical risk under the Trump Presidency.

Read More »

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

2017-01-30

by Jan Skoyles

2017-01-30

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 Trump’s election US market indicators, including the Dow have been ticking up – it has been labelled the Trump rally. This latest milestone is something that the new President is happy to take credit for....

Read More »

Why 2017 Could See the Collapse of the Euro – Stiglitz

2017-01-30

by Mark O'Byrne

2017-01-30

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 said that the ‘destruction’ of the Eurozone may be necessary if countries are to thrive again.

Read More »

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

2017-01-20

by Mark O'Byrne

2017-01-20

Gold's Gusto, Bullion bulls thrive in most inauguration years

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 conflict with the CIA. ‘Strong dollar policy’ to end as U.S. has $120 trillion plus debt. Trump inherits Bush and Obama’s humongous debt.

Read More »