Category: Uncategorized

13
Sep
2017

Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today

44% of US population affected by Equifax hack Hackers took names, birthdays and addresses, Social Security and driver’s license numbers Steve Mnuchin “concerned about the global financial system and keeping it safe,” Hacks is a reminder of the vulnerabilities created in a connected world Cyber security is a major threat to both banking and financial industry […]

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17
Mar
2016

Happy Saint Patrick’s Day ————– Gold Surges Nearly 3% After Fed

Wishing you health, wealth and good luck this Saint Patrick’s Day from all the team in GoldCore May your home be filled with laughter May your pockets be filled with gold And may you have all the happiness Your heart can hold GoldSaver allows anyone to buy and save gold from just €100, £100 and […]

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12
Jan
2016

Sales Surge After U.S. Mint Quadruples Silver Eagles Allocation

American Eagle silver coin sales jumped on Monday after the U.S. Mint said it set the first weekly allocation of 2016 at 4 million ounces, roughly four times the amount rationed in the last five months of 2015, after a surge in demand. More than half of the week’s allocation sold on Monday, the first […]

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04
Dec
2015

Dovish ECB Disappoints – Gold Rises, Euro Surges, Stocks and Bonds Fall Globally

‘Super Mario’, the European Central Bank’s monetary magician, disappointed markets yesterday as continuing and unprecedented monetary easing failed to prevent a sharp sell-off in stock and bond markets which has continued today. ECB President – nicknamed ‘Super Mario’ There are sharp losses on financial markets after the ECB’s President’s – nicknamed ‘Super Mario’ and more […]

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18
Nov
2015

Bitcoin and The Blockchain – Banks Must Embrace Or “Die”

Editors Note: GoldCore believe that blockchain technology will revolutionise the world of finance, payments and money and may have an impact on the world on a scale of that of the internet.  Hence, the need to keep an eye on this very important evolving technology that has ramifications for us all. If you thought the internet […]

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12
Nov
2015

Gold Bullion Demand Surges 27% In Q3 – New Chinese “Buying Spree”

Gold Demand Trends Q3 2015 was released by the World Gold Council today. The quarterly publication is the leading industry resource for data and opinion on global gold demand and examines demand trends by sector as well as geography. The key findings from the report are as follows: [Graphic source: World Gold Council] – Overall demand […]

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06
Nov
2015

Worlds Largest Debtor Ever Raises U.S. ‘Debt Ceiling’… Again

The US government has once again agreed to increase it’s so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion.  The so-called debt ceiling is recognized industry-wide as a complete misnomer. Source: Sharelynx.com “The phrase “debt ceiling” sounds austere and restrictive, as if intended to keep a lid on government spending. Actually, the U.S. national […]

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02
Nov
2015

Gold Selling “Malevolent Force”? – Dennis Gartman

Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices. Gold was 2.4% higher in October but fell 2% last week as the Fed again suggested they may […]

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10
Sep
2015

China Allows Gold Bullion As Collateral

China’s Shanghai Gold Exchange said it will allow physical gold to be used as collateral on futures contracts from September 29, according to a statement posted on its website this morning as reported by Reuters. Physical gold will be permitted to be used for up to 80 percent of margin value, according to the statement. […]

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08
Sep
2015

China Buys 16 Tons Gold In August – Dumps $94 Billion

Given the strong demand fundamentals, particularly out of China, gold should go higher but as ever there is a risk of selling in the futures market leading to weakness in the short term as traders follow momentum and ignore fundamentals. This demand continues and is being bolstered by official Chinese demand. The People’s Bank of […]

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