24
Nov
2016

War On Cash Just Got Real – India and Citibank In Australia

War On Cash Goes Global – India, Australia and Citibank India shock cancellation of nation’s two highest-denomination notes India effectively invalidates & removes 86% of cash from circulation India sees “runs on banks” & severe financial difficulties Citi to makes all Australian branches cashless Australian pilot programme restricts 80% of payments on card UBS proposes […]

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23
Nov
2016

Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998

Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting ‘gift’ by Prime Minister Putin to his rival ex-President Obama. […]

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22
Nov
2016

Stocks, Bonds, Pension Funds “Will Be Wiped Out…” – Rickards

David McWilliams interviewed Jim Rickards at Kilkenomics for TV3’s Agenda and the short ten minute interview is a must watch. McWilliams Rickards interview here (from 34:16) Key points covered are We are already in global currency wars End of the dollar as the benchmark global reserve currency coming Higher inflationary – “all the currencies will fall against […]

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21
Nov
2016

Physical Gold Is A “Long-Term Position” as “Hedge Against Governments”

Physical gold is a “hedge against governments,” a “long-term position” and is still “on a buy signal” in the longer-term according to Dominic Frisby writing in the UK’s best selling financial publication Money Week this week. Frisby believes in owning physical gold for the long term and that gold is close to bottoming but could […]

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18
Nov
2016

Gold Sell Off On Fed Noise – “Interesting Times” To “Support Gold”

Gold Sell Off On Fed Noise – “Interesting Times” To “Support Gold” Gold prices in dollar terms came under renewed pressure today testing strong support at the $1,200/oz level. Gold dropped another 1% to near a 6 month low and is set for a second week of falls after the dollar soared again after Federal Reserve Chairwoman Janet […]

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17
Nov
2016

Islamic Gold – Vital New Dynamic In Physical Gold Market

Islamic Gold – Important New Dynamic In Gold Market Next month, 1.6 billion people will have a new ‘gold investment standard’ Gold bullion investments to become accessible to 25% of planet Islamic finance market expected to grow to US$5 trillion by 2020 Islamic asset classes have all under performed compared to gold In 10 years, gold has risen […]

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16
Nov
2016

Peak Gold Globally – “Bullish For Gold”

Peak gold production is happening globally and this is “bullish for gold” according to a slowly emerging group in the gold industry. It is great to see the reality of peak gold production slowly be acknowledged in the mainstream as it is an important fundamental factor in the market which has been continuously ignored. As […]

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15
Nov
2016

Gold Price Should Go Higher On Global Risks and Trump – Capital Economics

The gold price should rise in the medium and long term on global risks and the Trump Presidency, according to leading research consultancy Capital Economics. The recent sharp gold price fall is again causing jitters among some investors who forget that gold remains more than 14% higher in dollar terms, 16.5% higher in euro terms […]

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14
Nov
2016

President Trump – Why Market Loves Him and Experts Wrong

President Trump – Why Market Loves Him and Experts Wrong by John Stepek, Editor of Money Week “If the question is when markets will recover, a first-pass answer is never.” I have to feel sorry for Paul Krugman. The Nobel prizewinning economist was clearly gutted by Donald Trump’s victory. Yet he also managed to sum […]

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11
Nov
2016

‘Helicopter Money President’ Trump To Create Inflation and Gold Will Rise

James Rickards, economic and monetary expert, joined Francine Lacqua on “Bloomberg Surveillance” yesterday to discuss Trump and whether he will be good for markets, the economy and for gold. Rickards said that Trump’s Presidency , which he predicted, will be good for gold as he will be the ‘Helicopter Money President’ and he will spend dollars on […]

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