09
May
2016

London Property Bubble Bursts

The London property bubble shows renewed signs that it is beginning to burst. Property sellers in the UK have reduced their asking prices and London property prices have fallen by 7.8 per cent on average and as much as 30% in some areas according to City AM today. City AM – Data via Zoopla “People trying […]

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06
May
2016

Buy Gold, ‘Get Out Of The Stock Market’ Warns Druckenmiller

Buy gold and ‘get out of the stock market,’ legendary billionaire investor Stanley Druckenmiller, advised investors this week at an investment conference in New York. Druckenmiller, who has one of the best long-term track records in money management, said the stock market bull market has “exhausted itself” and that gold “remains our largest currency allocation.” […]

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05
May
2016

Sharia Gold Standard – $2 Trillion In Assets “Could Send Price Soaring”

The coming ‘sharia gold standard’ or shariah compliant gold could lead to a very significant source of  new demand for physical gold coins and bars in the Islamic world. It is believed that this will contribute to much higher prices and gold “soaring” as some of the $2 trillion of assets held in Islamic financial institutions are […]

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04
May
2016

Silver Bullion Market Has Key New Player – China Replaces JP Morgan

The silver bullion market has a key new player – Enter the Dragon. The Shanghai Futures Exchange in China is replacing JP Morgan bank and its clients as the most significant new source of demand according to a very interesting blog with some great charts and tables published by SRSrocco Report yesterday. According to the report: The […]

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03
May
2016

Is Craig Wright The Creator Of Bitcoin? Frisby and Matonis On ‘Satoshi Nakamoto’

Craig Steven Wright, an Australian computer scientist, self-declared cyber security expert and entrepreneur, has claimed to be the creator of Bitcoin, the elusive ‘Satoshi Nakamoto’. Yesterday, he published a blog post offering what was claimed to be cryptographic proof, backed up by other information, to make his case. Along with the BBC and GQ, The Economist […]

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29
Apr
2016

Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards

James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years. Gold in USD – 10 Years (GoldCore) Francine generously acknowledged how Rickards was […]

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28
Apr
2016

Property Bubble In Ireland Developing Again

A property bubble is developing in Ireland again. The Dublin housing market has seen residential property prices surge by 50% on average and as much as 100% in more affluent areas since the Dublin property market began to bounce in 2012. “Crisis: The dysfunctional property market has already re-emerged just a few years after the biggest housing bust in the […]

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27
Apr
2016

Silver Bullion “Momentum Building” As “Supply Trouble Brewing”

Silver bullion prices are likely to rise further as there is “supply trouble brewing” as strong industrial and investment demand are confronted by declining supply. “There are signs that this year could be a pivotal year for the silver market,” New York-based CPM Group said in its “Silver Yearbook 2016.” “Silver mine supply is forecast to decline […]

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26
Apr
2016

Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank

Swift, the vital global financial network that western financial services companies, institutions and banks use for all payments and transfer billions of dollars every day, warned its customers yesterday evening that it was aware of cyber fraud and a number of recent “cyber incidents” where attackers had sent fraudulent messages over its system and $81 million […]

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25
Apr
2016

Gold Bullion In London Vaults Beneath Bank of England Worth $248 Billion – BBC

The gold bullion or “hidden gold mine” of various nation’s gold reserves stored in the vaults beneath the Bank of England have been covered by the BBC: Under London’s streets lies a hidden gold mine. It stretches across more than 300,000 square feet under the City, the finance quarter in the heart of Britain’s capital. There, […]

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