Tag Archive: Daily Market Update

$1.9 Trillion American Rescue Plan Positive for Gold

2021-01-23

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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.

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Gold & Silver Charts Point to Higher Prices & Chris Vermeulen

2021-01-12

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2021-01-12

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

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

2021-01-09

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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.

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The Great Reset vs. The Great Reset

2020-12-05

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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.)

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There is No Denying that Cash is Trash!

2020-12-04

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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.

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Biden Transition and Vaccine Hopes Weigh on Gold for Now

2020-11-25

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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.

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What is “The Great Reset” and How to Prepare

2020-11-21

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2020-11-21

“The Great Reset” is a term that we are hearing more frequently in the financial news today, but what exactly is “The Great Reset”? In Episode 16 of The Goldnomics Podcast, Stephen Flood, Mark O’Byrne and Dave Russell discuss “The Great Reset” and how it could impact investors, what they can do now to prepare themselves and their finances and the role that gold plays in protecting your wealth. Listen or watch the podcast here...

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Prepare For ‘No-Deal Brexit’ – Own Physical Gold To Protect Your Wealth

2020-11-13

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2020-11-13

The Brexit deadline of December 31st, the date beyond which the transition or implementation period cannot be extended, now looms large and the dreaded “No-Deal” Brexit outcome looks increasingly possible by the day.

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Why High Net Worth Investors are Opting for Physical Gold Vs ETFs, Digital Gold & Crypto-Currencies

2020-11-06

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2020-11-06

As we continue to await the official result of the US Election, in the short-term financial markets remain volatile.

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Is the US Election the “Cork in the Bottle” for Gold and Silver?

2020-10-23

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2020-10-23

Gold Price Chart
Today we are taking our weekly look at the charts for gold and silver. Republicans and Democrats continue to play the “will they, won’t they?” game over another stimulus package in a Covid19 ravaged US economy. An agreement on a package will ultimately be seen as positive for the markets but, with the US Election just weeks away this may prove to prolong negotiations or postpone decisions until the results of the election are clear and...

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Gold and Silver Set for a Breakout?

2020-10-17

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2020-10-17

Gold Price Chart
Today we are taking our weekly look at the charts for gold and silver. Corvid 19, the US Election and US Financial Stimulus talks have given gold plenty to digest over the last week. On a short term basis gold has been taking a lot of signal from the fortunes of the stock markets and increased hopes of agreement of a financial stimulus package gave a boost to both stock markets and the gold price.

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Precious Metals Nowhere Near Cycle Highs – Brace for Gains!

2020-10-15

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2020-10-15

In today’s video GoldCore’s Mark O’Byrne is interviewed by the Wealth Research Group, discussing the start of a new bull run for gold and silver and what we can expect.

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Where Next for Gold & Silver

2020-10-02

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2020-10-02

Silver Chart
Markets have struggled to find a clear direction as they attempt to digest US election news, debate performance, the impact of increased Covid-19 restrictions in many countries and vaccine news.

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Heavy Metal Selling

2020-09-27

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2020-09-27

Gold Sell Off
Anxiety about an increase in Covid19 cases and fears of a second wave coupled with revelations of historic money laundering practices of major global banks weighed heavily on financial markets yesterday.

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Gold is Looking Strong as it Tests Resistance

2020-09-16

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2020-09-16

Gold Tests Resistance
Since it’s sell-off from it’s early August high, gold has been stuck in an ever decreasing range. Having had a remarkable rally to an intra-day high of $2,078 on the 7th of August Gold has traded sideways and consolidated. This has been viewed by many market commentators as a healthy pause in gold’s bull rally as when markets go parabolic they tend to retrace just as fast.

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Gold, Silver Jump After Swings Amid Weak Dollar and Economic Woe

2020-08-18

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2020-08-18

Spot gold headed for back-to-back gains as investors weighed the outlook for the metal’s record-setting rally after this week’s dramatic price swings. Silver climbed the most in more than five years.

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Value of gold stored by Irish metals broker GoldCore surges past €100m

2020-08-16

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2020-08-16

Investment in gold has risen during pandemic. The value of gold coins and bars stored for clients by Irish precious metals broker GoldCore has surged 68pc so far this year to more than €100m. The value of gold coins and bars stored for clients by Irish precious metals broker GoldCore has surged 68pc so far this year to more than €100m. Gold prices last week topped the $2,000-per-ounce level for the first time as investors seek havens...

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Perfect Storm for Precious Metals Leads to Price Correction

2020-08-13

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2020-08-13

Gold Price Chart
Gold fell by nearly 6% yesterday and silver by a whopping 15%, the largest one day loss in over 7 years. The futures market saw massive volumes of selling with over 1.6 bn ounces of silver contracts sold yesterday. That’s a value of over $40 billion.

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Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” – GoldCore

2020-08-02

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2020-08-02

Gold and silver are set for a 5% and 6% gain this week and a significant 11% and 30% gain in the month of July.

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Gold Reaches $2,000/oz Prior to Two “Concerted Attacks” In Futures Market

2020-07-30

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2020-07-30

The King Report“Anyone that’s been around the block a few times with gold knows that at some point ‘they’ will stage a concerted effort to drive gold lower.” December gold hit $2,000 at 21:19 ET Monday. It then retreated and traded sideways until 22:50 ET. Then someone slammed gold down to $1,955 in 20 minutes. This is obvious “impact trading.” Gold then traded sideways for over four hours.

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