Monthly Archives: August 2017

31
Aug
2017

4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders

– 4 reasons why “gold has entered a new bull market” – Schroders – Market complacency is key to gold bull market say Schroders – Investors are currently pricing in the most benign risk environment in history as seen in the VIX – History shows gold has the potential to perform very well in periods of stock […]

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30
Aug
2017

Gold Reset To $10,000/oz Coming “By January 1, 2018” – Rickards

– Trump could be planning a radical “reboot” of the U.S. dollar – Currency reboot will see leading nations devalue their currencies against gold – New gold price would be nearly 8 times higher at $10,000/oz – Price based on mass exit of foreign governments and investors from the US Dollar – US total debt now […]

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29
Aug
2017

Gold Surges 2.6% After Jackson Hole and N. Korean Missile

– Gold surges as N. Korea fires ballistic missile over Japan – Safe haven buying sees gold break out to 10-month high after Jackson Hole and rising North Korea risk of attack on Guam – South Korea’s air force dropped eight MK 84 bombs near Seoul;  simulating the destruction of North Korea’s leadership – Gold rises from […]

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28
Aug
2017

Diversify Into Gold On U.S. “Political Instability” Advise Blackrock

– Gold set to shine as Washington stumbles – “Bet on gold’s diversifying properties rather than political stability” – World’s largest asset manager believes Trump and political drama in the U.S. means gold likely to rise –  Real rates flattening out and rising political instability – Blackrock’s Koesterich – “For now my bias would be […]

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26
Aug
2017

Trump Presidency Is Over – Bannon Is Right

Trump Presidency Is Over – Bannon Is Right “‘The Donald’ has been White House-broken,” writes Bill Bonner in his must read daily missive on Bonner and Partners “‘The Donald’ has been White House-broken,” was what we were trying to say, translating the phrase into something that may make sense to a French listener. But it was […]

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25
Aug
2017

The Truth About Bundesbank Repatriation of Gold From U.S.

– Bundesbank has completed a transfer of gold worth €24B from France and U.S. – Germany has completed domestic gold storage plan 3 years ahead of schedule – In the €7.7 million plan, 54,000 gold bars were shipped and audited – In 2012 German court called for inspection of Germany’s foreign gold holdings – Decision to […]

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24
Aug
2017

Cyberwar Risk – Was U.S. Navy Victim Of Hacking?

– U.S. Navy collisions: More than a coincidence? – Latest U.S. Navy collision is fourth involving a Seventh Fleet warship this year – Have US Navy vessels become victims of hacking asks Rickards – Chief of Naval Operations, Adm. John Richardson, has not ruled out cyber intrusion – “Once is happenstance. Twice is coincidence. The third time it’s enemy […]

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23
Aug
2017

Global Financial Crisis 10 Years On: Gold rises 200% from £333 to £1,000

– Gold up over 100% in major currencies since financial crisis – Gold up 100% in USD, 124% in EUR and surged 200% in GBP – Gold has outperformed equity, bonds and most assets – Gold remains an important safe-haven in long term Gold prices from August 9th 2007  to August 9th 2017 It has been […]

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22
Aug
2017

U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There

US Treasury Secretary Steve Mnuchin visits Fort Knox Gold Later tweeted ‘Glad gold is safe!’ Only the third Treasury Secretary to visit the fortified vault, last visit was 1948 Last Congressional visit was 1974 Speculation over existence of gold in Fort Knox is rife Concerns over Federal Reserves lack of interest in carrying to an […]

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21
Aug
2017

Buffett Sees Market Crash Coming? His Cash Speaks Louder Than Words

The Sage of Omaha’s adage is “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Editor: Mark O’Byrne But for Warren Buffett the current environment doesn’t appear to be offering up any wonderful companies at fair valuations. The situation is so bad that the cash […]

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