21
Dec
2016

China Gold and Precious Metals Summit 2016 – GoldCore Presentation

China Gold and Precious Metals Summit 2016 – GoldCore Presentation

The China Gold and Precious Metals Summit 2016, the 11th Summit convened by the China Gold Association and the Shanghai Gold Exchange took place on December 7th and 8th and GoldCore presented at  the event and moderated an expert panel discussion.

China Gold and Precious Metal

China Gold and Precious Metals Summit 2016 – Panel Discussion with Stephen Flood

China’s leading gold conference was attended by over 250 gold industry professionals from across the value chain including mining companies, refiners & fabricators, bullion dealers, government and private mints, exchanges, investment & bullion banks, brokerage firms, money managers, trading houses, jewelers, consultancies, service providers, policymakers and central banks.

china-gold

The conference highlighted innovation in the gold industry and market, the opening-up of China’s gold market, the implications for China’s gold industry from the country’s Belt and Road Initiative and RMB internationalization strategy, price trends and supply & demand outlook for gold, silver and platinum group metals amidst growing uncertainty sweeping wider financial markets, a scaling back of expectations for further rate hikes from the Fed and rising concerns over moves towards negative interest rates.china-gold-goldcorePresentation Slide

Stephen Flood, GoldCore CEO gave a presentation entitled Gold and Silver Prospects in an Uncertain Global Currency Market

Topics covered:

1. USD
2. DEBT
3. GEO-POLITICS
4. GOLD IS A HEDGE

The presentation can be Viewed Here

Gold and Silver Bullion – News and Commentary

Gold prices firm as dollar slips from 14-year high (Reuters.com)

Nikkei, other Asian markets rise as Dow nears 20,000 (MarketWatch.com)

Dollar hits new 14-year high, Dow sets sights on 20,000 (Reuters.com)

Gold Out Of Style On Stronger Dollar, Dow 20,000 (LSE.co.uk)


(Image Source: CalculatedRiskBlog.com)

Here’s how my top 12 predictions did in 2016 – Frisby (MoneyWeek.com)

Islamic finance standards spur development of gold, silver products (Reuters.com)

Gold Could Soar to $5,000 Due To Shariah Gold Standard – Casey Research (CaseyResearch.com)

Warnings We’ll Wish We’d Heeded — Plunging Jobless Claims (Dollarcollapse)

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Gold Prices (LBMA AM)

21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce
14 Dec: USD 1,160.95, GBP 917.38 & EUR 1,091.99 per ounce
13 Dec: USD 1,157.35, GBP 911.18 & EUR 1,090.80 per ounce

Silver Prices (LBMA)

21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce
14 Dec: USD 17.11, GBP 13.52 & EUR 16.07 per ounce
13 Dec: USD 17.01, GBP 13.39 & EUR 16.04 per ounce


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– Gold and Silver Will Protect From Coming Financial Crash – Rickards

Mark O'Byrne
Executive Director