10
Feb
2016

Mutual Funds, ETFs at Risk of a Run Warns Stockman

In one of his starkest warnings yet, Former White House Budget Director (Office of Management and Budget, OMB), David Stockman has warned that banks and the global financial system remain vulnerable and there is likely to be another global financial crisis which will be worse than the first involving “a run on mutual funds and ETFs.” Stockman warns […]

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09
Feb
2016

“Gold’s Fundamentals and Technicals Look Better and Better”

Gold surged another 1.5% higher yesterday, and had its best closing level since mid-June as strong physical demand and concerns about the global economy, the banking sector and the risks of a new global financial crisis saw further gains. Gold jumped $34.70, or 3%, to $1,192.40 an ounce and registered its best single-session point and percentage gain since […]

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08
Feb
2016

Gold and Silver Up 5% Last Week As Stocks Fall Sharply

Gold and silver surged over 5% last week as concerns about the U.S. and global economy saw more sharp stock market falls and reduced expectations of the Fed increasing interest rates. Gold finished the week at $1,173.40 an ounce and has built on those gains today rising another 0.4% to $1,178.10 an ounce – taking […]

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05
Feb
2016

Gold And Silver Best Performing Assets – Up 9% and 8% YTD

Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global economy. GoldCore and Finviz.com The increasingly uncertain […]

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04
Feb
2016

Gold Prices To 3 Month High As Investors Sell Risky Assets

Gold prices have continued to eke out further gains today. The very poor ISM data yesterday saw the dollar fall against all major currencies and particularly gold. Bullion is seeing safe haven flows and gains due to increased concerns about the economic outlook. The narrative that the US economy is in recovery is coming into doubt. The […]

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03
Feb
2016

Silver Price Fix – “Future Of The Fix Is Fraught”

The silver price fix debacle from last week and the new London silver price fix has received a litany of severe criticism in recent days. Perth Mint research director Bron Suchecki has done an excellent piece where he gathers together these “damming” criticisms and sums up the severe challenges facing the new silver price fix. Since […]

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02
Feb
2016

Intraday Precious Metal Returns – Latest Research

Some interesting research looking at intraday precious metal returns has just been published by Brian Lucey, Jonathan Batten, Maurice Peat, Frank McGroarty and Andrew Urquhart in a paper entitled “Stylized Facts Of Intraday Precious Metal Returns”.     The authors note in the paper that has just been published on the Social Science Research Network […]

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01
Feb
2016

Gold and Silver Bullion Up 5.3% and 3.4% In January as Stocks Fall Sharply

Gold and silver rallied (5.3% and 3.4% respectively) in January, as stocks fell sharply. Turmoil and sharp falls in Chinese and global stock markets, plunging oil prices, rising stress in credit markets and further signs of weak US and global growth led to a renewed bout of risk aversion in January. Finviz.com This once again led […]

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29
Jan
2016

Gold and Silver Manipulation: Can It Be Verified?

Dr Brian Lucey, Dr Jonathan Batten and Dr Maurice Peat have just published some interesting research looking at the thorny issue of whether there is manipulation of gold and silver prices. In their paper “Gold and Silver Manipulation: What Can Be Empirically Verified?”, they examine the issue of “gold and silver price manipulation, in particular price suppression.” Source: Gold […]

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28
Jan
2016

Uncertain Times Sees Germany Repatriate 200 Tonnes Of Gold Bullion

Germany’s Bundesbank released further detail on its gold holdings on Wednesday, saying it transferred 210 tonnes of gold back to the country last year from vaults in Paris and New York. Frankfurt is now the largest storage location for the country’s gold reserves after New York, it said in a statement, reports Henry Sanderson in the […]

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