Category: Daily Market Update

22
Mar
2017

Peak Gold – Biggest Gold Story Not Being Reported

– Peak gold – Biggest gold story not being reported – Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets – Decline in gold production at world’s top 10 gold mining companies – Byron King – “No new big mines being built in the world today” – Glencore CEO Glasenberg – Primary global gold output declined […]

Continue Reading
21
Mar
2017

Silver 1/ 70th The Price of Gold – Silver Eagles Sales Jump

– Silver just 1/70th the price of gold – Silver at $17.50 per ounce set to rise “faster than gold” – Silver Eagles (1 oz) buying jumps to 715,000 this week – “Supply may drop following mine closures” – Standard Chartered – Industrial demand “will remain strong” – CPM Group – Silver is substantially undervalued versus gold – Gold […]

Continue Reading
20
Mar
2017

The Best Ways to Invest in Gold Today

The Best Ways to Invest in Gold Today – The cost of buying and selling gold – How to buy gold on the cheap – How to avoid paying capital gains tax (CGT) on your gold – Open an account with one of the online bullion dealers – the likes of GoldMoney, GoldCore or Bullion Vault […]

Continue Reading
16
Mar
2017

Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Rate Rises

– Gold up 1.8%, silver up 2.6% – Fed signals slow rate rises – Dollar sells off as Fed raises 0.25% to target range of 0.75 percent to 1 percent on inflation outlook and “ebullient” stocks – Gold’s biggest 1 day percentage gain since September 2016 – Fed raises rates for only the third time since crisis […]

Continue Reading
15
Mar
2017

Most Overvalued Stock Market On Record — Worse Than 1929?

Stock Market Most Overvalued On Record — Worse Than 1929? The US stock market today has never been more dangerous and overvalued, according to respected Wall Street market analyst John Hussman. Indeed, Hussman goes as far as to say that “this is the most dangerous and overvalued stock market on record — worse than 2007, worse […]

Continue Reading
14
Mar
2017

EU Crisis Is Existential – Importance of Tomorrow’s Vote

EU Crisis Becoming Existential… Dutch Vote Tomorrow and Why It Matters The leader of the National Front in France, Marine Le Pen, has hailed Britain’s decision to leave the EU – and has called for France to hold a similar referendum The EU is facing an existential crisis and does not look like it will […]

Continue Reading
10
Mar
2017

Gold $10,000 Coming – “Time To Prepare Is Now”

James Rickards: Long-Term Forecast For $10,000 Gold James Rickards, geopolitical and monetary expert and best selling author of the ‘The New Case for Gold’ has written an interesting piece for the Daily Reckoning on why he believes gold will reach $10,000 in the long term. Gold in USD Adjusted for Inflation 1970-2017 – Macrotrends.net He warns […]

Continue Reading
09
Mar
2017

Silver Very Undervalued from Historical Perpective of Ancient Greece

– What wages in ancient Athens can tell us about the silver price today – Wages paid in silver in ancient Athens compared to wages today – Silver massively undervalued compared to the past few thousand years by Dominic Frisby Today we look at the wages paid to oarsmen on warships in ancient Athens in 450BC. […]

Continue Reading
08
Mar
2017

Gold Investing 101 – Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints (Part II)

Gold Investing 101 – Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints (Part II) Investors looking to gold again but gold buyers need to exert caution Royal Mint – a royally expensive way to help the government Unallocated gold – unsecured creditor of a bank? If you cannot hold it, you do not […]

Continue Reading
07
Mar
2017

Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated

Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated (Part I)  Investors looking to gold again but gold buyers need to exert caution ‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’ Like all markets are few bad apples in gold market Need […]

Continue Reading