Monthly Archives: July 2017

31
Jul
2017

Bitcoin, ICO Risk Versus Immutable Gold and Silver

– Latest developments show risks in crypto currencies – Confusion as bitcoin may split tomorrow – SEC stepped into express concern over ICOs – ICOs have so far raised $1.2 billion in 2017 – ICOs preying on lack of understanding from investors – Physical gold not vulnerable to technological risk – Beauty and safety in simplicity of gold […]

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28
Jul
2017

This Is Why Shrinkflation Is Impacting Your Financial Wellbeing

– Shrinkflation has hit 2,500 products in five years – Not just chocolate bars that are shrinking – Toilet rolls, coffee, fruit juice and many other goods – Effects of shrinkflation been seen for “good number of years” – Consumer Association of Ireland – Shrinkflation is stealth inflation, form of financial fraud – Punishes vulnerable working and middle classes […]

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27
Jul
2017

Gold A Good Store Of Value – Protect From $217 Trillion Global Debt Bubble

– ‘Mother of all debt bubbles’ keeps gold in focus – Global debt alert: At all time high of astronomical $217 T – India imports “phenomenal” 525 tons in first half of 2017 – Record investment demand – ETPs record $245B in H1, 17 – Investors, savers should diversify into “safe haven” gold – Gold good ‘store of […]

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26
Jul
2017

Why Surging UK Household Debt Will Cause The Next Crisis

– Easy credit offered by UK banks is endangering “everyone else in the economy” – UK banks are “dicing with the spiral of complacency” again – Bank of England official believes household debt is good in moderation – Household debt now equals 135% of household income – Now costs half of average income to raise […]

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25
Jul
2017

Gold Seasonal Sweet Spot – August and September – Coming

– Gold seasonal sweet spot – August and September – is coming – Gold’s performance by month from 1979 to 2016 – must see table – August sees average return of 1.4% and September of 2.5% – September is best month to own gold, followed by January, November & August  by Palisade Research Looking back at […]

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24
Jul
2017

Commercial Property Market Is Inflated and May Burst Again – McWilliams

Commercial Property Market Is Inflated and May Burst Again by David McWilliams Dublin property investors had better hope that Brexit happens soon. They should also hope that it’s not just a ‘hard’ Brexit, but a granite Brexit — a Brexit that’s as hard as possible. They should be betting on the buffoonery of Boris Johnson, […]

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21
Jul
2017

Gold Hedge Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

– Gold hedge against currency devaluation – cost of fuel, food, housing – True inflation figures reflect impact on household spending – Household items climbed by average 964% – Pint of beer sees biggest increase in basket of goods – rise of 2464% – Bread rises 836%, butter by 1023% and fuel (diesel) up by 1375% […]

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18
Jul
2017

Bitcoin Volatility Shows Not Safe Haven Gold But Speculation

– Bitcoin volatility shows not currency or safe haven but speculation – Volatility still very high in bitcoin and crypto currencies (see charts) – Bitcoin fell 25% over weekend; Recent high of $3,000 fell to below $1,900 – Bitcoin least volatile of cryptos, around 75% annualised volatility – Gold much more stable at just 10% annualised […]

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17
Jul
2017

Bank Of England Warns “Bigger Systemic Risk” Now Than 2008

– Bank of England warn that “bigger systemic risk” now than in 2008 – BOE, Prudential Regulation Authority (PRA) concerns re financial system – Banks accused of “balance sheet trickery” -undermining spirit of post-08 rules – EU & UK corporate bond markets may be bigger source of instability than ’08 – Credit card debt and car loan surge […]

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14
Jul
2017

“Financial Crisis” In 2017 Or By End Of 2018 – Prepare Now

“Financial Crisis Of Historic Proportions” Is “Bearing Down On Us” John Mauldin of Mauldin Economics latest research note, Prepare for Turbulence, is excellent and a must read warning about the coming financial crisis. Mind refreshed from what sounds like a wonderful honeymoon and having had the time to read some books outside his “comfort zone” […]

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