07
Mar
2016

Gold Could Surge To $8,000/oz On Negative Interest Rates – Lassonde

The gold bull market has returned and gold could surge over 1,000% to $8,000 per ounce in the coming years according to legendary gold investor, Chairman of Franco-Nevada Corporation and former Chairman of the World Gold Council, Pierre Lassonde. Pierre Lassonde on BNN Gold prices are heading higher, much higher and he is “very sure” that the five-year […]

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07
Mar
2016

Gold ETF Suspends Issuing Shares Due To “Surge In Demand”

Gold ETF, the iShares Gold Trust, had to stop issuing new shares in its $7.7 billion on Friday as a “surge” in investment demand for gold caught out the provider of the ETF and the world’s largest money manager, BlackRock Inc. According to a statement from the company “Since the start of 2016, in response to […]

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04
Mar
2016

Interview: What Is Driving All Currencies Lower Against Gold?

Gold has surged another 4% this week to bring year to date gains to 20% in dollar terms, 19% in euro terms and 24% in sterling terms. We were interviewed by PickingAlpha.com yesterday afternoon and looked at what is currently driving gold prices higher in all currencies. The sharp rise of gold prices and whether it […]

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03
Mar
2016

Donald Trump – Bad For Dollar, Good For Gold?

Donald Trump’s emergence as the Republican frontrunner and possible future U.S. President is causing some gold and investment analysts to suggest diversifying into gold according to the Wall Street Journal. Donald Trump – Gage Skidmore via Commons.wikimedia.org   From the WSJ: The other winner from Super Tuesday could be gold. With Donald Trump solidifying his […]

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02
Mar
2016

Bail-In Regulation To Blame For “Bank Turmoil” In EU?

The Financial Times recently looked at how the new bail-in resolutions in the EU, U.S. and most of the western world and asked whether they may be leading to “bank turmoil” and increased concerns about banks and the banking sector in the EU. As is typically the case with coverage of the bail-in regime, the important […]

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01
Mar
2016

Gold Bullion Rose Another 10% In February – Best Month Since January 2012

Gold bullion rose 10.1% in February adding to the 7% gains seen in January. This means that gold is the best performing asset this year, up 17% so far in 2016. Silver is the next best performing asset with an 8% gain year to date, followed by US Treasuries (30 Year Bond) which have gained […]

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29
Feb
2016

Irish Bonds Fall as Election Creates Political and Economic Uncertainty

Irish bonds fell today and the yield on ten-year Irish bonds rose to 0.908 pc, up from 0.891 pc in early trading this morning after a divisive general election and inconclusive result threw Irish politics into disarray and created considerable political and economic uncertainty. Irish 10 Year Government Bond – 1 Day (Bloomberg) The nation […]

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26
Feb
2016

“Buy Gold” As “Insurance Is Warranted” – Deutsche Bank

Buy gold as “insurance is warranted” Deutsche Bank have advised in a note issued today. The embattled German bank has said that rising economic risks and market turmoil mean investors should buy gold for insurance. Market Performance – 2016 YTD via Finviz.com  “There are rising stresses in the global financial system; in particular the rising […]

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24
Feb
2016

It’s Us – Not Politicians Or Rich People – Who Create Jobs And Drive Economy

When business lobbies warn that voting Left would lead to a period of political instability that would hurt the economy, it’s easy to understand cynicism from the Left-wing parties. Someone should remind business lobbies, corporations and banks that it was the people at the commanding heights of banks and business who ruined the economy last time. […]

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23
Feb
2016

Allocations To Gold Should Be “Increased To 20 Percent”

Slowing economic growth globally has led for some rough days on Wall Street lately. The Dow Jones industrial average and the Standard & Poor’s 500 index are both down by 6 percent so far this year. It’s sometimes hard to figure out where to park one’s money during an economic downturn. Still, analysts have a […]

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