19
Jul
2016

Gold Holds Near Two-Week Low as Risk Appetite Rises on U.S. Data

Gold has consolidated near the low of the past two weeks following on from its Brexit rally. Having increased by 25% since the beginning of the year the pause in its rally comes as Barnabas Gan, an economist at Singapore-based Oversea-Chinese Banking Corp observes that “Market risk-on sentiment seems to have gone back” on the table, as reported […]

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18
Jul
2016

Gold, Trump and Rates: Bank That Foresaw Rally Flags $1,500

Financial Market Strategists are advising their clients to “buy gold on dips”. “Gold has seen four major bull markets since 1970: this is another one,” Benjamin Wong, foreign exchange strategist at the Singapore-based bank’s Chief Investment Office, said in an e-mail. “The market has yet to deal with the political uncertainty going into the Nov. 8 presidential […]

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15
Jul
2016

Gold Falls After Central Bank’s Surprise Move

The  gold price continued to fall overnight after the Bank of England, contrary to expectations, kept interest rates unchanged at yesterday’s meeting. The market had earlier priced in an over 80 percent chance of a 25-basis point cut in the July meeting, though some had reckoned that the BoE may prefer to wait till August when more […]

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14
Jul
2016

“We Are On the Cusp of an Explosion in the Silver Price” – John Embry

Not everybody is believing the positive spin being put on recent financial market data. In fact some would go as far as to say that it is “propaganda” being spread in the mainstream media in an election year for the US.  At least that is what John Embry concluded in a recent interview. For those […]

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13
Jul
2016

Stocks Rally – Is Brexit Systemic Risks Contained?

Equity markets globally have rebounded to their pre-Brexit levels and volatility in financial markets is the lowest that it has been for a month. Even the precious metals rally has taken a breather. Are the markets suggesting that the fallout from Brexit is less than previously thought and that the systemic risk posed by the […]

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12
Jul
2016

Britain has a new prime minister – here’s what that means for you

Theresa May is set to become the Prime Minister of Great Britain in the next few days. Will the new PM bring a degree of stability back to turbulent markets in a post-Brexit Britain or what does the future hold under a new Conservative leadership. MoneyWeek’s John Stepak takes a look at the implications for […]

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12
Jul
2016

Britain has a new prime minister – here’s what that means for you

Theresa May is set to become the Prime Minister of Great Britain in the next few days. Will the new PM bring a degree of stability back to turbulent markets in a post-Brexit Britain or what does the future hold under a new Conservative leadership. MoneyWeek’s John Stepak takes a look at the implications for […]

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11
Jul
2016

Metals Caught Between Global Gloom and U.S. Job Gains

Better than expected employment figures in the US causes gold to take a breather after gaining more than 28% since the beginning of the year. Bloomberg takes a look at the current competing bullish and bearish forces affecting the outlook for precious metals. Metal markets are caught between global gloom and renewed U.S. optimism. A […]

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08
Jul
2016

China Resumes Monthly Gold Buying in Bid to Diversify Reserves

Against the backdrop of ongoing geopolitical and financial market uncertainty the Chinese central bank has continued to add to their gold holdings in an effort diversify the reserves further. As reported by Bloomberg, China, the world’s biggest producer and consumer of gold, added about 500,000 ounces to central bank reserves in June, restarting monthly purchases […]

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07
Jul
2016

Property Fund Turmoil in the UK has Eerie Echoes of Bear Stearns

The fallout from Brexit continues and financial uncertainty can be seen in the markets as the British Pound continues to come under pressure and a growing number of property funds in the UK are freezing redemptions. The Telegraph’s Ben Marlow draws some chilling comparisons with the Bear Stearns crisis of 2007. Almost nine years since […]

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