13
May
2016

Ryanair CEO On BREXIT, Contagion, The EU and Gold

Michael O’Leary was forthright, opinionated and humorous as ever today at a Bloomberg News conference where he warned that Brexit could lead to contagion. The CEO of one of Europe’s largest airlines said that the airline would be unlikely to diversify into gold, as it is in his eyes a “risky asset.” Ryanair CEO, Michael O’Leary handed […]

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12
May
2016

Global Gold Investment Demand Surges Record 122% In Quarter 1, 2016

Global gold demand surged a record 21% and gold investment demand a record 122% in Q1, 2016 according to the World Gold Council who released their ‘Gold Demand Trends Q1 2016’ report today. The report is a leading industry resource for data and opinion on global gold demand. The quarterly publication examines demand trends by […]

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11
May
2016

Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel

Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday. (Source: Bloomberg) In Bloomberg’s “Single Best Chart,” Keene displays inflation adjusted ‘London gold prices’ going back to 1950. Steel is cautious on gold in the short […]

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10
May
2016

‘Silver Guru’ David Morgan Says Gold And Silver Bullion ‘Super Bull Market’ Initiated

‘Silver guru’ David Morgan was recently interviewed by Future Money Trends and said that the gold and silver bullion “super bull market” has been initiated. “We are finally in the very beginning of the new bull market which will be the most exciting as the third leg up is the one that is the most rewarding. […]

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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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