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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
07
Jun
2016

Gold Prices Surge After Very Poor Jobs Number, Growing Risk Of BREXIT

Gold prices surged nearly 3% after the very poor jobs number on Friday, have maintained those gains and appear to be consolidating as concerns about the U.S. economy and BREXIT deepen. Gold Prices in USD – 1 Week (GoldCore) Gold was marginally higher yesterday and 2.7% higher last week breaking a run of recent weekly losses and a […]

Continue Reading
03
Jun
2016

Physical Silver Bullion – Perfect Storm Brewing in the Market

The physical silver bullion market is seeing a “perfect storm” brewing according to an article replete with some recent videos about the silver market by Rory Hall of the precious metals website, The Daily Coin. From the Daily Coin: Silver has been money longer than gold. Silver is called the “people’s money”, while gold is […]

Continue Reading
02
Jun
2016

Martin Wolf: There Will Be Another “Huge” Financial Crisis

Martin Wolf writing in the Financial Times has warned that there will be another financial crisis given the nature of the modern fractional reserve banking and financial system. Wolf asks whether there will a “another huge financial crisis” and then answers his question by saying that there will be and warns that banks “are designed to fall. So fall they […]

Continue Reading