Category: Weekly Market Update

13
Apr
2017

Perth Mint Silver Bullion Sales Rise 43% In March

– Perth Mint’s silver bullion sales rise 43% in March – Perth Mint’s monthly gold coin, bars sales fall 12%  – Gold silver ratio of 32 – 32 times more silver ounces sold – Gold: 22,232 oz and Silver: 716,283 oz – bullion coins and minted bars sold – Gold is 2.6% higher and silver surged […]

Continue Reading
17
Mar
2017

Gold Cup – Horse Racing’s Greatest Show, Gambling and ‘Going for Gold’

– Gold Cup at Cheltenham – Most important event on horse racing calendar   – Gold Cup trophy contains 10 ounces of gold – Today’s prize is worth over £9,000 in gold terms – £600 million bets on horses, 220,000 pints of Guinness will be drunk, 9 tonnes of potato eaten  – Gold constantly and universally awarded as […]

Continue Reading
03
Mar
2017

Silver On Sale – 4% Fall On Massive $2 Billion of Futures Selling

Silver On Sale – 4% Fall On Massive $2 Billion of Futures Selling Silver fell a very sharp 85 cents from $18.40 per ounce to as low as $17.65 per ounce yesterday for a 4.25% price fall soon after the London bullion markets closed yesterday despite no market news or corresponding sharp moves in other markets. […]

Continue Reading
06
Jan
2017

Gold Gains In All Currencies In 2016 – 9% In USD, 13% In EUR and Surges 31.5% In GBP

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven – Further signs of market having bottomed and bodes well […]

Continue Reading
06
Jan
2017

Gold Gains In All Currencies In 2016 – 9% In USD, 13% In EUR and Surges 31.5% In GBP

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven – Furthers signs of market having bottomed and bodes well […]

Continue Reading
10
Jun
2016

Soros Buying Gold On BREXIT, EU “Collapse” Risk

George Soros is again buying gold and selling and going short stocks due to BREXIT and EU “collapse” risk, after a six year hiatus from the gold market. Gold in USD (2009 to 2012) The multi-billionaire hedge fund manager, the man who “broke the Bank of England” and one of the richest and most powerful […]

Continue Reading
09
Jun
2016

UK Buying Gold Bullion On BREXIT “Nerves”

Gold bullion is seeing increased sales in the UK on BREXIT “nerves” according to Reuters today: “Demand for bullion bars and coins is rising, with men and women of all ages buying up the safe-haven metal in case of a British exit from the European Union. Mark O’Byrne, director of Dublin-based gold dealer Goldcore, said the price […]

Continue Reading
20
May
2016

Buy Silver – “Best Precious Metals Trade”

  “Buy silver, sell gold” is the bold call of currency and money analyst Dominic Frisby in the latest edition of best selling Money Week. Frisby looks at the relative value of silver to gold and comes to the conclusion that silver is a better buy right now. We share his bullish view on silver […]

Continue Reading
13
May
2016

Ryanair CEO On BREXIT, Contagion, The EU and Gold

Michael O’Leary was forthright, opinionated and humorous as ever today at a Bloomberg News conference where he warned that Brexit could lead to contagion. The CEO of one of Europe’s largest airlines said that the airline would be unlikely to diversify into gold, as it is in his eyes a “risky asset.” Ryanair CEO, Michael O’Leary handed […]

Continue Reading
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 […]

Continue Reading