Category: Weekly Market Update

13
Apr
2017

Perth Mint Silver Bullion Sales Rise 43% In March

– Perth Mint’s silver bullion sales rise 43% in March – Perth Mint’s monthly gold coin, bars sales fall 12%  – Gold silver ratio of 32 – 32 times more silver ounces sold – Gold: 22,232 oz and Silver: 716,283 oz – bullion coins and minted bars sold – Gold is 2.6% higher and silver surged […]

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22
Mar
2017

Peak Gold Production – Biggest Gold Story Not Being Reported

– Peak gold – Biggest gold story not being reported – Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets – Decline in gold production at world’s top 10 gold mining companies – Byron King – “No new big mines being built in the world today” – Glencore CEO Glasenberg – Primary global gold output declined […]

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21
Mar
2017

Silver 1/ 70th The Price of Gold – Silver Eagles Buying Jumps

– Silver just 1/70th the price of gold – Silver at $17.50 per ounce set to rise “faster than gold” – Silver Eagles (1 oz) buying jumps to 715,000 this week – “Supply may drop following mine closures” – Standard Chartered – Industrial demand “will remain strong” – CPM Group – Silver is substantially undervalued versus gold – Gold […]

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17
Mar
2017

Gold Cup – Horse Racing’s Greatest Show, Gambling and ‘Going for Gold’

– Gold Cup at Cheltenham – Most important event on horse racing calendar   – Gold Cup trophy contains 10 ounces of gold – Today’s prize is worth over £9,000 in gold terms – £600 million bets on horses, 220,000 pints of Guinness will be drunk, 9 tonnes of potato eaten  – Gold constantly and universally awarded as […]

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03
Mar
2017

Silver On Sale – 4.1% Fall After Massive $2 Billion of Futures Selling

Silver On Sale – 4% Fall On Massive $2 Billion of Futures Selling Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday for a 4.25% price fall soon after the London bullion markets closed yesterday despite no market news or corresponding sharp moves in other markets. […]

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06
Jan
2017

Gold Surges Over 30% in GBP In 2016 After Brexit

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven – Further signs of market having bottomed and bodes well […]

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07
Oct
2016

Sterling Gold Surges 5% In One Minute “Flash Crash” – Up 1.7% In Week As Gilts Sell Off

Sterling gold surged 5% in less than a minute overnight in Asia with prices rising from £994/oz to £1,043.40/oz as sterling had a massive “flash crash.” Sterling plummeted in the second biggest fall in its history – only slightly less than the collapse after the Brexit vote. Despite gold’s peculiar, sharp fall in dollar terms on […]

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09
Sep
2016

Gold, Silver and Blockchain – Solutions To Negative Rates, Bail-ins, Cash Confiscations and Cashless Society

by Jan Skoyles I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money. Source: […]

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14
Jun
2016

If BREXIT Happens – “Gold Will Be The World’s Strongest Currency”

Gold and Silver News and Commentary If BREXIT Happens – “Gold Will Be The World’s Strongest Currency”  (Zero Hedge) Brexit and Gold (Townhall) Fake gold and silver coins ‘flooding’ market (NBC) Looming ‘Brexit’ Vote Rattles Global Markets (WSJ) Brexit’s First 100 Days Promise Chaos, Fear, Damage Limitation (Bloomberg) Read More Here Gold hits 4-week high […]

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10
Jun
2016

Soros Buying Gold On BREXIT, EU “Collapse” Risk

George Soros is again buying gold and selling and going short stocks due to BREXIT and EU “collapse” risk, after a six year hiatus from the gold market. Gold in USD (2009 to 2012) The multi-billionaire hedge fund manager, the man who “broke the Bank of England” and one of the richest and most powerful […]

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