Monthly Archives: September 2017

30
Sep
2017

China Catalyst To Send Gold Over $10,000 Per Ounce?

China Catalyst To Send Gold Over $10,000 Per Ounce? Jim Rickards is on record forecasting $10,000 gold. But is China about to provide the catalyst to send gold even higher? And by how much? Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still… […]

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29
Sep
2017

Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD

Editor Mark O’Byrne – Gold climbs over 12% in YTD, matching S&P500 performance – Palladium best performing market, surges 36% 2017 YTD – Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ – Geo-political concerns including Trump and North Korea supporting gold – Safe haven demand should push gold higher in Q4 – Owning physical gold not […]

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28
Sep
2017

Gold Standard Resulted In “Fewer Catastrophes” – FT

Editor Mark O’Byrne – “Going off gold did the opposite of what many people think” – FT Alphaville – “Surprising” findings show benefits of Gold Standard –  Study by former Obama advisor in 1999 and speech by Bank of England economist in 2017 make case for gold – UK economy was ‘much less prone to extremes’ […]

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27
Sep
2017

Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting”

Editor Mark O’Byrne – Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines   – Stock and bond markets are overvalued but continue to climb… for now – What goes up must come down and investors should diversify and rebalance portfolios despite market noise – Behavioural […]

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26
Sep
2017

“Gold prices to reach $1,400 before the end of the year” – GoldCore

by MarketWatch Gold finished sharply higher on Monday, recouping roughly half of last week’s loss, as declines in the U.S. stock market and growing tensions between the U.S. and North Korea lifted prices for the yellow metal to the highest settlement in more than a week. December gold rose $14, or 1.1%, to settle at $1,311.50 […]

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25
Sep
2017

Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder

– ‘Commodities King’ Gartman sees $1,400 gold surge in months – “Gold is the one currency that will do the best of all…” – Pullback below $1300 “is relatively inconsequential” – Use gold price weakness to be a buyer “no question” – Bullish on gold due to central banks and easy monetary policy and gold […]

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23
Sep
2017

Bitcoin “Is A Bubble” but Gold Is Money Says World’s Biggest Hedge Fund Manager

– Bitcoin “is a bubble” but gold is money says world’s biggest hedge fund manager – Gold is a better “store of value,” Ray Dalio of $160 billion Bridgewater tells CNBC – Bitcoin has climbed over 300% this year on speculation and expectation that it will continue to climb – Bitcoin is not a valid […]

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22
Sep
2017

Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms

– £1 trillion crisis looms as pensions deficit and consumer loans snowball out of control – UK pensions deficit soared by £100B to £710B, last month – £200B unsecured consumer credit “time bomb” warn FCA – 8.3 million people in UK with debt problems – 2.2 million people in UK are in financial distress – ‘President […]

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21
Sep
2017

Gold Investment “Compelling” As Fed May “Kill The Business Cycle”

Gold Investment “Compelling” As Fed Likely To Create Next Recession – Is the Fed about to kill the business cycle? – 16 out of 19 rate-hike cycles in past 100 years ended in recession – Total global debt at all time high – see chart – Global debt is 327% of world GDP – ticking timebomb… […]

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20
Sep
2017

“This Is Where The Next Financial Crisis Will Come From” – Deutsche Bank

By Zero Hedge In an extensive, must-read report published on Monday by Deutsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen, and how the world could respond assuming it still has means to counteract the next economic and financial […]

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