13
Jan
2017

Gold Lower Before Trump Presidency – Strong Gains Akin To After Obama Inauguration

Gold prices have had a good start to 2017 and has made gains in the majority of currencies, building on the strong gains seen in 2016. So far in 2017, gold is 3.5% higher in dollars, 2.3% higher in euros and 4% higher in sterling. Gold Annual Returns During First Four Years Of Obama Presidency – Goldprice.org […]

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12
Jan
2017

Gold Rallies To $1,207 After Trump Press Conference Shambles

Gold has rallied to $1,207/oz today as stocks globally have weakened after the first press conference of incoming President Trump turned into a bit of a debacle. Gold prices made further gains today amid reduced focus on the Fed and speculation regarding their potential rate hikes and more focus on the next four years of the […]

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11
Jan
2017

Prince Owned Land and Gold Bars Worth $800,000

Gold Bars Worth $800,000 Owned By Prince Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday. Source: Amazon.com At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s […]

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10
Jan
2017

Gold Price In GBP Up 4% On Brexit and UK Risks

Gold Price In GBP Rises 4% On Brexit and UK Economy Risks – Pound fell 2% against gold yesterday after Theresa May created Brexit concerns  – May’s ‘Hard Brexit’ denial does not calm markets growing fears – Investors concerned about lack of government strategy and uncertainty – UK Prime Minister bizarrely blames media and “those who […]

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09
Jan
2017

2016 Past is 2017 Prologue

With us being just over a week into the New Year, we feel it worthwhile to look back just one last time at 2016. We believe that many of the themes and risks of 2016 continue in 2017 and that they are likely to impact markets in the coming months – especially the precious metal markets. […]

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06
Jan
2017

Gold Gains In All Currencies In 2016 – 9% In USD, 13% In EUR and Surges 31.5% In GBP

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven – Further signs of market having bottomed and bodes well […]

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06
Jan
2017

Gold Gains In All Currencies In 2016 – 9% In USD, 13% In EUR and Surges 31.5% In GBP

– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven – Furthers signs of market having bottomed and bodes well […]

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05
Jan
2017

Trump’s Twitter “140 Characters” To Push Gold To $1,600/oz in 2017?

Trump’s Twitter Age Could See Gold Rise 13% In 2017 Gold price seen jumping 13% in 2017 after 9% gain in 2016, Bloomberg analyst survey shows 140-character missives by President-elect means new paradigm “140 characters of unfiltered Trump is likely to create tensions with America’s largest trading partners…” Bloomberg Intelligence poll shows 42 percent of respondents predict […]

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04
Jan
2017

2017 – The Year of Banana Skin

2016 is behind us and we have started a new year with great gusto and no small measure of anxiety. The potential for unknown unknowns turning into banana skins is very high. Right now we are looking at: The broad US stock markets & the UK FTSE are breaking new highs Investment flows are rotating […]

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23
Dec
2016

Five Must Gold See Charts – Gold Miners Are “Running Out” of Gold

Gold Mining Companies Are Running Out of Gold: Five Must See Charts ‘Peak gold’ – World’s gold production to peak in 2019 and decline Gold found by miners has plunged 85% over past decade Gold mining CEOs turning to deals to combat dwindling reserves Exploration more difficult and firms have cut capex The reality of peak gold […]

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