28
Jun
2016

Greenspan Warns “Early Days Of A Crisis,” Inflation Coming and Urges Return To Gold Standard

Alan Greenspan, the former Chairman of the Federal Reserve has warned that Brexit was a “terrible outcome in all respects” and that we are in the “early days of a crisis.” U.K. policy makers miscalculated and made a “terrible mistake” in holding a referendum on whether to quit the European Union, Greenspan said. That decision led […]

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27
Jun
2016

Gold Surges 20% In GBP In 2 Days On Brexit Fallout

Gold has surged over 20% in sterling terms in the last two trading days due to the fallout of the UK’s monumental decision to leave the European Union. Gold has extended the biggest price gains since 2008 as market turmoil  and sharp falls in stocks globally and especially bank stocks led to safe haven demand for bullion coins […]

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24
Jun
2016

Gold Bullion Surges 6% In USD as BREXIT Creates Global Contagion Risk

Note: Our trading desk will be open until 1800 UK time today (BST) and from 0700 UK time Monday morning (Monday 27th), in order to deal with the increased demand for precious metals. Gold Note – There has been record online sales on the GoldCore website for this time of day and the phones are ringing […]

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23
Jun
2016

BREXIT Day – Markets Becalmed – Gold Panic Prelude – Trading Hours

Note:  Due to increased inquiries and demand, our trading desk will be open until 1900 BST today and resume trading from 0700 BST tomorrow. BREXIT Day and the UK EU referendum is upon us today and investors are expecting more choppy trading in financial markets in the coming hours. The City of London is bracing itself for […]

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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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