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When the Banks Closed, Ireland Invented Its Own Money

When the Banks Closed, Ireland Invented Its Own Money

What We TrustSix true stories about money, ownership and survivalA six-part GoldCore Friday Read series using true episodes from financial and social history to explore what money is, what ownership means, why intelligent people speculate, where wealth becomes safe and what we are ultimately trying to preserve. On Friday, 1 May 1970, the doors of […]
China Is Closing Retail Gold Trading. Here’s What It Really Means

China Is Closing Retail Gold Trading. Here’s What It Really Means

At the time of writing, gold is trading near $4,067 an ounce, down around 1.5% today, while silver is close to $58.06, down approximately 2.75%. Today’s market reaction is once again being driven by what the conflict could mean for inflation and interest rates. Oil has climbed towards $100 a barrel following attacks on two […]
Central Banks Are Selling Gold Right Now — And Still Buying More

Central Banks Are Selling Gold Right Now — And Still Buying More

Markets began the week with yet another reminder of just how quickly the picture can change. Gold briefly slipped below $4,000 an ounce yesterday before recovering above $4,070 today. Silver has rebounded more sharply, while oil climbed above $90 a barrel, up from less than $72 at the beginning of the month, around the level […]
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