Category Archive: 6a) Gold & Monetary Metals
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...
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3 million francs of gold and silver found in Swiss sewers
Call it “dirty money” if you wish, because there’s about CHF 3 million in gold and silver found each year in Swiss sewage. But no one is going to get rich, according to a just-published report by the Swiss Federal Institute of Aquatic Science and Technology (Eawag). Recovering the estimated CHF 1.5 million in gold, and the same in silver, that passes through Swiss wastewater each year, wouldn’t be cost-effective, says the report. On the bright...
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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
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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...
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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
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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....
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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.
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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...
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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.
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