29
Apr
2016

Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards

James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years. Gold in USD – 10 Years (GoldCore) Francine generously acknowledged how Rickards was […]

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28
Apr
2016

Property Bubble In Ireland Developing Again

A property bubble is developing in Ireland again. The Dublin housing market has seen residential property prices surge by 50% on average and as much as 100% in more affluent areas since the Dublin property market began to bounce in 2012. “Crisis: The dysfunctional property market has already re-emerged just a few years after the biggest housing bust in the […]

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27
Apr
2016

Silver Bullion “Momentum Building” As “Supply Trouble Brewing”

Silver bullion prices are likely to rise further as there is “supply trouble brewing” as strong industrial and investment demand are confronted by declining supply. “There are signs that this year could be a pivotal year for the silver market,” New York-based CPM Group said in its “Silver Yearbook 2016.” “Silver mine supply is forecast to decline […]

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26
Apr
2016

Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank

Swift, the vital global financial network that western financial services companies, institutions and banks use for all payments and transfer billions of dollars every day, warned its customers yesterday evening that it was aware of cyber fraud and a number of recent “cyber incidents” where attackers had sent fraudulent messages over its system and $81 million […]

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25
Apr
2016

Gold Bullion In London Vaults Beneath Bank of England Worth $248 Billion – BBC

The gold bullion or “hidden gold mine” of various nation’s gold reserves stored in the vaults beneath the Bank of England have been covered by the BBC: Under London’s streets lies a hidden gold mine. It stretches across more than 300,000 square feet under the City, the finance quarter in the heart of Britain’s capital. There, […]

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22
Apr
2016

Silver Prices Up 6% This Week and 25% YTD; Gold Up 1% This Week

Silver prices rose again this week and are nearly 6% higher  for the week, while gold quietly eked out a 1% gain. Today, gold fell 0.18% to $1,247 an ounce after hitting a five-week high of $1,270.10 an ounce yesterday. Silver is up nearly 2% today to $17.36 an ounce. It had rose to a 11-month […]

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21
Apr
2016

Gold Price Set To Push Higher As Inflation Picks Up – RBC

The gold price is set to move higher in the coming months as inflation picks up according to new research from RBC. “Analysis suggests a -0.5% real rate would imply a $1,380/oz gold price and a -1.0% real rate $1,546/oz” — that’s according to RBC’s April 10 Global Gold Outlook note, which takes a look […]

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20
Apr
2016

Silver Bullion “Has So Much More to Give” – 5 Must See Charts Show

  Silver bullion has so much more to give according to Bloomberg today in an interesting article replete with 5 must see silver charts. From Bloomberg: Silver’s bull run looks like it has legs. The metal with the best return this year of any in the Bloomberg Commodity Index is poised for more gains, investors, […]

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19
Apr
2016

China Gold Bullion Yuan Trading To Boost Power In Gold and FX Markets – End Manipulation?

  China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation. The Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, […]

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18
Apr
2016

Marc Faber: “Messiah” Central Banks Helicopter Money Printing “Will Not End Well”

  Marc Faber has warned that a new financial crisis is coming and will be worse than the 2008 one and told Bloomberg TV that the “messiah” central banks “helicopter money ” policies “will not end well.” Marc Faber Faber warns that ultimately “you cannot grow an economy by just throwing money at people” and that […]

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