Category: Uncategorized

20
Feb
2015

Gold Down 1.5% This Week – Massive Complacency Regarding Greece as Geopolitical and Debt Crisis Loom

* Greek Bank Runs Accelerate as Possible ‘Grexit’ Looms * Fatigue with Greek Crisis Breeding Massive Complacency * Government in Kiev Forced to Take Diplomatic Approach * Ukraine a Significant Setback for NATO * Regional War in Eastern Europe Averted for the Moment * Middle East, Israel and Iran Timebomb Ticking * India Demand To […]

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19
Feb
2015

Gold Bars In France Worth $500,000 Robbed From Pensioner By Fake Cops

Story of pensioner in Paris who has had US$500k of gold stolen by fake police highlights risks of storing gold in home Criminals impersonating cops gained access to home claiming to be investigating gold robbery 13 kilogram bars worth €450,000 taken, pensioner unharmed Gold owners must take precautions Greek depositors taking precautions by taking cash […]

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18
Feb
2015

Gold Essential “Safe Haven” Due to Greece … Spain, Italy, Ukraine, Lehman and “Bad Stuff”

Newstalk interviewed GoldCore’s Mark O’Byrne this morning about the investment asset that is not well understood – gold. The interview began with Nick Bullman of Newstalk asking Mark to explain the poor performance of gold in recent years as it has underperformed since 2008. Click here to listen Gold prices rose every single year from […]

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16
Feb
2015

International Hacking Group Steals $300 Million – Global Digital Banking System Not Secure

- Sophisticated “Ocean’s 11″ style heist is one of the largest in history – Hackers remotely accessed bank computers to manipulate accounts and A.T.M.s. – Banking groups make no comment – Details expose incredible systemic vulnerability An international group of cyber criminals have stolen at least $300,000,000 from over 100 banking and financial institutions in […]

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12
Feb
2015

Stalemate At Minsk Summit And Eurogroup Meeting Suggests Tensions In Europe And Globally Are Set To Escalate

- Diplomats best hopes for Minsk is for freeze in hostilities – Russia engages the U.S. in war of words as tensions mount – Greece and EU buy time – no agreement thus far – Anti-austerity parties in Spain and Greece may bring down the euro The Minsk Summit which was called at the urgent […]

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11
Feb
2015

Minsk Summit Highlights A Shaky NATO Union – Russia Is Far From Isolated

- Merkel and Hollande to attend peace talks in Belarus to resolve Ukraine’s civil war today – US and UK not invited – Germany and US present united front but tensions ripple under the surface – Foreign Minister of Greece, Nikolaos Kotzias, to meet his Russian counterpart Sergei Lavrov today as the crucial Eurogroup of […]

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10
Feb
2015

Syriza Stands Defiant, US tries to calm EU stance while Greenspan predicts Grexit

- Tsipras to push ahead with counter-reforms “in their entirety” – Dijsselbloem tells Syriza it must comply with Troika this week or have funding cut from February 28th – Varoufakis calls the Eurogroups bluff – does not believe EU would risk expelling Greece from Euro – US apply pressure on EU to keep Greece in […]

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27
Jan
2015

Currency Wars – Russia Buys 20.7 Tonnes Of Gold In December; Netherlands Refutes IMF Gold Data

UPDATE: Since we published our blog this morning, the Dutch central bank has denied that it added to its gold reserves in December. De Nederlandsche Bank, the Dutch central bank has denied reports in Reuters, Bloomberg and picked up by GoldCore, that the bank had increased its gold holdings for the first time in sixteen […]

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26
Jan
2015

Euro Gold Surges To EUR 1,168 After Greek Election Landslide

The crushing victory of the Greek opposition party Syriza in yesterday’s Greek elections has added to jitters in already jittery financial and foreign exchange markets. The euro tumbled and gold in euros surged to its highest level since April 2013, at €1,167.94/oz as markets opened in Asia. The euro has since stablized but remains near […]

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24
Jan
2015

QE…D: Why Printing Money will end badly for the US

You may have heard the news, the European Central Bank have started up the printing press. They are soon to print upwards of €60 Billion a month. The crowds of economic pundits have collectively cheered. Ireland stands to enjoy significant near term benefits, but at what cost? They speak of lower government borrowing costs for […]

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