Monthly Archives: December 2014

31
Dec
2014

Diversify With “Physical Precious Metals Stored Outside The U.S.” – Faber

Dr Marc Faber, respected economic historian and author of the respected monthly newsletter, the ‘Gloom, Boom and Doom Report’, has warned that 2015 is set to be very volatile, urged international diversification and owning “physical precious metals stored outside the U.S.” In another insightful and witty interview with Bloomberg Television’s In the Loop, with Betty […]

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30
Dec
2014

Greek Turmoil Could Spread – Risk of Bail-Ins in Ireland and Globally

By Mark O’Byrne Greece’s financial markets are in turmoil again as a vote in parliament – failing to elect a new president – made a general election inevitable. Greek markets saw severe sell offs , with yields on Greek government bonds rising and shares prices collapsing 13% at one point yesterday and closing 7% lower […]

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19
Dec
2014

Happy Christmas from all the team in GoldCore

Happy Christmas and Wishing You a Healthy and Prosperous 2015 Happy Christmas to you and yours, We hope you had a fulfilling 2014 and thank you for your feedback, your sharing, your support and your business during the year and in recent years. Please take note of our office hours over the Christmas and New […]

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18
Dec
2014

Is Russia Being Driven Into the Arms of China?

The “isolation of Russia” idea is one which has been receiving a lot of traction of late. Russia’s recent economic woes have sometimes been covered with barely contained glee despite the hardships that average Russians may have to endure if the rouble continues to collapse … not to mention the inevitable geo-political backlash. Reuters image […]

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17
Dec
2014

Russian Currency Crisis and Defaults Could Create Contagion in West

Russia’s currency market witnessed further huge volatility again today.  The finance ministry said it would start selling foreign exchange which are primarily in dollars. This appeared to reduce selling pressure on the battered rouble.

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14
Dec
2014

New York Times on Benefits of Gold in Currency Wars

The New York Times published an important article this week in which the benefits of gold to nation states during a period of currency wars was highlighted. The article was noteworthy as the New York Times has rarely covered gold in a positive manner. The article, entitled ‘The Golden Age’ is about the growing use […]

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