22
Jun
2016

Gold Lower Despite “Panic” Due To “Supply Issues” In Inter Bank Gold Market

Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “panic” and “supply issues” in the interbank gold market. Supply issues which respected gold […]

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21
Jun
2016

Gold Slips Despite UK Gold Demand Surging – Investors “Seek Stability”

Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low as the recent global share rally showed signs of exhaustion. Expectations that Britain could vote to leave the European Union in Thursday’s referendum have receded somewhat but remain and this is leading to very […]

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20
Jun
2016

What Brexit Could Mean For Your Money and Your Business

Gold fell 1.3 % in dollar terms and 3% in sterling terms today as sterling and global stocks surged as Brexit worries ease slightly. Gold in GBP – 30 Days The prospect of Britain leaving the EU is causing widespread jitters. ‘What will it really mean?’  was examined by Emma Kennedy, the Personal Finance Editor […]

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17
Jun
2016

Gold Prices Surge to Highest in Nearly Two Years On FED and Brexit Haven Demand

  Gold prices surged to their highest level in nearly two years yesterday on BREXIT concerns and deepening concerns that the Federal Reserve central banks are slowly losing control of the financial and monetary system. Gold subsequently fell quite sharply below the key $1,300 level but remains roughly 1% higher for the week in all currencies […]

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16
Jun
2016

Gold Surges to $1,313/oz – Fed Concerned Re Outlook, BREXIT and May “Consider Using Helicopter Money”

Gold News and Commentary Gold hits highest in nearly two years after Fed’s cautious outlook (Reuters) Gold Funds Keep Drawing Cash Even as Market Momentum Fades (Bloomberg) Gold Jumps as Fewer Fed Officials See Multiple Rate Hikes in ’16 (Bloomberg) China Dumping More Than Treasuries as U.S. Stocks Join Fire Sale (Bloomberg) Sterling may weaken […]

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15
Jun
2016

Gold Price Higher For 5th Session On BREXIT and FED

Gold and Silver News and Commentary Gold hits near six-week highs ahead of Fed, Brexit vote (GoldCore via Reuters) Gold gains ground for 5th straight session (GoldCore via Marketwatch) Gold Holds Near Five-Week High as Brexit Concerns Spur Demand (Bloomberg) Exclusive – ECB would pledge to backstop markets after a Brexit (Reuters) NATO to send […]

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14
Jun
2016

“Gold Will Be The World’s Strongest Currency” If BREXIT Happens

Gold and Silver News and Commentary If BREXIT Happens – “Gold Will Be The World’s Strongest Currency”  (Zero Hedge) Brexit and Gold (Townhall) Fake gold and silver coins ‘flooding’ market (NBC) Looming ‘Brexit’ Vote Rattles Global Markets (WSJ) Brexit’s First 100 Days Promise Chaos, Fear, Damage Limitation (Bloomberg) Read More Here Gold hits 4-week high […]

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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 […]

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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 […]

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07
Jun
2016

Pensions Timebomb in “Slow Motion Detonation” In U.S., EU and Internationally

The ‘pensions timebomb’ is in “slow motion detonation” in the U.S, EU and internationally as pension funds around the world begin to go bankrupt. Max Keiser and Stacy Herbert discuss the end of retirement which many Americans, Britons, Europeans and others will suffer as their pensions are decimated in the coming years due to zero percent interest rates and […]

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