Category: Daily Market Update

21
Oct
2017

Key Charts: Gold is Cheap and US Recession May Be Closer Than Think

by Dominic Frisby of Money Week Every year, Ronald-Peter Stoeferle and Mark J Valek of investment and asset management company Incrementum put together the report In Gold We Trust – 160-plus pages of charts and thoughts, mostly gold-related, on the state of the world’s finances. There’s so much to look at and consider. It’s a sort of digital equivalent of […]

Continue Reading
19
Oct
2017

How Gold Bullion Protects From Conflict And War

– Gold and silver’s historical role in conflict shaped the world today and the modern financial system – Gold played an important function in the great conflicts up to and throughout the 20th century – Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War – Gold […]

Continue Reading
18
Oct
2017

Silver Bullion Prices Set to Soar

Silver bullion prices are expected to jump as solar and smartphone demand rises and the Fed tries to stave off economic weakness by Myra Saefong via Barrons Gold prices have far outpaced gains in silver so far this year, but silver will emerge as the winner for the second year in a row. With a […]

Continue Reading
17
Oct
2017

Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures

– Brexit UK vulnerable as gold bar exports distort UK trade figures – Britain’s gold exports worth more than any other physical export – Gold accounted for more than one in ten pounds of UK exports in July 2017 – UK’s stock of wealth has collapsed from a surplus of £469bn to a net deficit of […]

Continue Reading
13
Oct
2017

U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold

– US Mint gold coin sales and VIX at weakest in a decade – Very low gold coin sales and VIX signal volatility coming – Gold rises 1.7% this week after China’s Golden Week; pattern of higher prices after Golden Week – U.S. Mint sales do not provide the full picture of robust global gold […]

Continue Reading
11
Oct
2017

Young Guns of Gold Podcast – ‘The Everything Bubble’

– Young Guns of Gold Podcast – ‘The Everything Bubble’ – Precious Metal Roundtable discuss gold in 2017 and outlook – Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets – “People are expecting too much from gold” – Economy: Inflation indicators, recession on the horizon, […]

Continue Reading
10
Oct
2017

London House Prices Are Falling – Time to Buckle Up

– London house prices fall in September: first time in eight years – High-end London property fell by 3.2% in year – House sales down by over a very large one-third – Global Real Estate Bubble Index – see table – Brexit, rising inflation and political uncertainty causing many buyers to back away from market – U.K. […]

Continue Reading
09
Oct
2017

Perth Mint Gold Coins Sales Double In September

– Perth Mint gold coins see sales double on month in September – Perth Mint silver bullion coin sales surge 78% in September – Perth Mint sold 46,415 ounces of gold in September – Nearly six times more gold coins sold at Perth Mint than U.S. Mint in September – Sales surge at Perth Mint […]

Continue Reading
06
Oct
2017

Gold Investment In Germany Surges – Now World’s Largest Gold Buyers

– Gold investment in Germany surged in past 10 years – Germans are largest gold buyers in world: WGC research – Gold investment in Germany surges to €6.8B in 2016 – Gold demand per person is highest in world – double Chinese, UK and U.S. demand – Gold one of the most popular investment for retail investors especially those […]

Continue Reading
05
Oct
2017

Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold

– Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft – Equifax hacking and security breach exposes half of the U.S. population – Some 143 million people vulnerable to identity theft – Deloitte hack compromised sensitive emails and client data – JP Morgan hacked and New York Fed hacked and […]

Continue Reading