Published in Market Update  Precious Metals 


Euro Risk Due To Possible Return of Italy To Lira - Drachmas, Escudos, Pesetas and Punts?

The European status quo and EU elites are becoming increasingly concerned by popular calls in Italy for Italy to leave the European Monetary Union and the euro "as soon as possible" and return to the lira. 

Sharelynx.com 


Published in Market Update  Precious Metals 


“Save Our Swiss Gold ” - Game Changer For Gold?

by Ronan Manly, GoldCore Consultant Contents - Foreword - Introduction - Success of Swiss People’s Party (SVP) - Direct Democracy and Popular Initiatives - Petition Filing - Initiative Launch - Motivation for the Initiative - Gathering the People’s 100,000 Signatures - Gold Initiative Gets Over 107,000 Signatures - Selling The Swiss Family’s Gold 


Published in Market Update  Precious Metals 


Flight To Safety - Gold Rises As Stocks, European Bonds Again See Sharp Falls

Today’s AM fix was USD 1,241.00, EUR 969.38 and GBP 775.87 per ounce. Yesterday’s AM fix was USD 1,223.50, EUR  967.58  and GBP 768.63 per ounce.

Gold climbed $4.40 or 0.36% to $1,237.80 per ounce and silver slipped $0.03 or 0.17% to $17.43 per ounce yesterday. Gold s now nearly 5% above its recent lows and is again acting as a hedging instrument in investment portfolios after sharp falls in stock and many bond markets.


Published in Market Update  Precious Metals 


“Secret Scheme To Manipulate The Price Of Silver” - Lawsuits Against Banks Proceed

The lawsuits against banks that alleges they engaged in a secret scheme to manipulate the price of silver bullion is proceeding.

Gold fixing in London at NM Rothschild and Sons began in September 1919


Published in Market Update  Precious Metals 


Swiss Gold Referendum “Propaganda War” Begins

The referendum for the Swiss Gold Initiative is scheduled for November 30th and the propaganda war - between the Swiss National Bank (SNB) and the Swiss Parliament on one side and the Swiss People's Party (SVP) on the other - has begun and we expect it to escalate  as the day draws nearer.


Published in Market Update  Precious Metals 


U.S. and UK Test Big Bank Collapse - Risk Of Bail-ins

Regulators from the U.S. and the UK are in a “war room” today to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday according to Reuters.  


Published in Market Update  Precious Metals 


Global Equity Shock as "Captured" System Starts to Crack

This week has seen some market volatility (see VIX Chart) reminiscent of the functioning market from days of old. The markets are spooked, bad news is overtaking good news and bearish views are becoming vogue. We are seeing a titanic battle taking place between the various bull and bear camps and they are starting to unleash some serious firepower. 


Published in Market Update  Precious Metals 


‘Helicopter Yellen’ Sends Stocks, Gold, Silver Soaring

Gold, silver and stocks surged overnight and today after the Fed maintained their ultra dovish monetary policy stance. The risk to markets of an early hike in U.S. interest rates eased leading to a  fall in the dollar after the release of minutes of the last Federal Reserve policy meeting. 

‘Helicopter Janet’


Published in Market Update  Precious Metals 


Ebola and Global Recession Risks Send Stocks Sliding

Hardly a day goes by without a headline on the spread of the deadly Ebola virus in West Africa and now in Spain and in the U.S. With more than 3,500 deaths and about 8,000 reported cases, it is one of the most severe disease outbreaks in recent years.


Published in Market Update  Precious Metals 


Silver “Particularly Cheap” as “Blood On The Commodity Streets”

With few exceptions, commodity prices have fallen sharply in recent months, to their lowest levels in over a year. 

Silver in U.S. Dollars,  5 Years (Thomson Reuters)

Relative to stock market indices, broad commodity indices are now at their lowest levels since the late-1990s dot com boom. 


Published in Market Update  Precious Metals 


Gold Support At $1,180/oz and $1,161/oz, Then At $1,000/oz

Gold had a torrid September and suffered further losses last week of 2.2%.

Gold in U.S. Dollars,  5 Years (Thomson Reuters)


Published in Market Update  Precious Metals 


New Gold Rush Cometh With Global Bond Market On Edge Of “Cliff”

The current U.S. bond market faces a "liquidity cliff" and looks like an asset "bubble" that could burst when interest rates start to rise, according to the senior U.S. securities regulator. This is something we have been warning of in recent months. 

The consequences of the bursting of the bond bubble would be rising interest rates, which would likely impact property and stock markets and benefit safe haven gold bullion.


Published in Market Update  Precious Metals 


Perth Mint's Gold Coins and Bars Sales Highest In Year On Safe Haven Demand

The Perth Mint's sales of gold coins and bars hit their highest in nearly a year in September as a fall in U.S. dollar denominated gold led to some buyers to accumulate bullion on the dip and the risks of terrorism and war led to safe haven demand.


Published in Market Update  Precious Metals 


Gold Is “Universally Acceptable” and Why China Is Buying - Greenspan

Alan Greenspan, former Chairman of the Fed, had an article entitled “Golden Rule - Why Beijing Is Buying” published in Foreign Policy, the journal of the influential Council on Foreign Relations in which he extols the virtues of gold as “universally acceptable.”


Published in Market Update  Precious Metals 


Singapore Becoming Global Gold Hub - Launches Kilo Bar Contract And Gold ATMs

Singapore continues its push to be a global gold hub. The new exchange traded Singapore kilobar gold contract will launch in less than two weeks - on October 13. The new contract is a 1 kilogramme physically deliverable gold contract for the Asian and global wholesale gold market. 


Published in Market Update  Precious Metals 


Russia’s Gokhran Buying Gold Bullion In 2014 and Will Buy Palladium In 2015

Gokhran, the Russian precious metals and gems repository, said it has been buying gold bullion in 2014 and will likely to start buying palladium bullion in 2015, Interfax news agency reported this morning, citing the head of Gokhran, Andrey Yurin. 

GOKHRAN, Russian State Precious Metals and Gems Repository


Published in Market Update  Precious Metals 


Death Of 'Safe Haven' Gold Greatly Exaggerated

With escalating conflict in the Middle East, an unresolved conflict in the Ukraine, and various other geo-political risks on the horizon such as the contagion risk of Ebola, it would be expected that the longstanding 'safe haven' qualities of gold would come into play as they have done in the past. 


Published in Market Update  Precious Metals 


Currency Wars Deepen - Russia, Kazakhstan Buy Very Large 30 Tons Of Gold In August

Russia and ex Soviet States Kazakhstan, Kyrgyz Republic and Azerbaijan continued to accumulate significant gold reserves in August in a trend that we highlighted last month.

See 'How to Buy Gold and When to Sell' Webinar Here


Published in Market Update  Precious Metals 


Venezuela's Gold Appears To Be Still In Venezuela But For How Long?

▶ Where is Venezuela's 366 tonnes of gold? ▶ Does Venezuela still control and own unencumbered it’s own gold reserves?

Former President Hugo Chavez and a London Good Delivery Gold Bar (400 oz)


Published in Market Update  Precious Metals 


Gold, Silver Bullion Coin Sales Robust Despite Sell Off

Despite the recent bout of price weakness, gold American eagle coin sales from the U.S. Mint have picked up significantly from last month.

The latest bullion coin sales figures from the U.S. Mint show a tentative pickup and robust retail bullion demand, with September sales stronger for both the  American Eagle and American Buffalo gold coins as well as for the American Eagle silver 1oz coins.