25
May
2015

China Creates Gold Investment Fund For Central Banks

- China’s new gold fund – 60 countries to develop gold mining projects – Allow member central banks to have easier access to gold – Gold to be traded on increasingly important Shanghai Gold Exchange – Another important step in making yuan reserve currency – China and Russia challenging U.S. dominance in key Eurasia – […]

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22
May
2015

‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat

-“The world economy is like an ocean liner without lifeboats …” – HSBC – Four areas of high risk identified by HSBC – Risk of stock market crash – Pension funds and insurers may not meet obligations – Chinese recession may drag U.S. into recession or depression – Premature rate rise would expose very fragile […]

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21
May
2015

Gold Bullion “Less Sexy” Than Bitcoin … For Now

- “There is a global financial bubble” – Stock markets and bond markets at all time record highs – Medium to long term, gold’s “fundamentals look very sound” Wilfred Frost of CNBC: Do you think markets are adequately pricing in the risks that are present around the world today, particularly in Europe and the gold […]

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20
May
2015

It’s Time to Hold More Cash and Buy Gold

- Bank of America advises owning gold – Markets in “Twilight Zone” transition period – Fed policy normalisation poses risks – Own gold and cash to protect against “cleansing drop in asset prices” – Data show markets disconnected from reality – Fragile system vulnerable to shock – Gold is hedge against systemic risks Gold is […]

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19
May
2015

Gold Ticks Higher In GBP – Property Crash Looms In London?

- London property falls most in nine months in May – Falls possibly due to pre-election fear of Labour housing policy – Surge in sterling dampens demand – Tory victory has led to surge of new sales – London market still overheated – Investors look for stores of value High end London property prices crashed […]

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18
May
2015

Eurozone Banks ‘As Vulnerable Today’ As Before 2008 Crisis – Bail-ins?

- Euro banks no more stable now than in run-up to 2008 crash – Banks in France, Spain and Italy are “highly vulnerable to failure” – Low quality bank equity not sufficient to withstand shock – Risk to system “enormously underestimated” – Investor deposits at risk of “bail-ins” New research shows that European banks are […]

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15
May
2015

Gold Bullion Buying In Germany Surges Due To Growing Risk

- Global gold demand marginally lower but robust – WGC – Gold investment demand surges 63% as jewellery demand falls – German gold demand spikes 20% in first quarter – France, Switzerland and Austria see “double digit” rise in demand – Fear of conflict with Russia, ‘Grexit’ and currency debasement – Indian gold demand rises […]

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14
May
2015

Global Debt Now $200 Trillion!

- McKinsey Institute says global debt is $199 trillion and unsustainable – Total global debt is $27,204 for every person living today – All major economies have “higher levels of borrowing relative to GDP” than in 2007 – 3 risk areas – rising Chinese debt, government and household debt – Debt report ignores U.S. unfunded […]

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13
May
2015

Silver Bullion Buying Outstripping Supply As JP Morgan ($JPM) Buys

- Silver one of most undervalued assets in world today – Fundamentals for silver market very strong – Total demand for silver outweighed supply by almost 22% last year – Industrial demand set to surge as solar energy projects are expanded – Artificially low prices have forced some mines out of business which may lead to […]

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12
May
2015

Hyperinflation in Art Investment Market as Picasso Sells for $179 Million

- Picasso’s “Les Femme d’Alger” sells for a record $179 million – Most expensive painting ever sold at auction – Hyperinflation in art market as painting appreciated nearly $150 million in 20 years … – Reports in February of the private sale of Gauguin’s “When Will You Marry” for $300 million – Art price volumes […]

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