What We TrustSix true stories about money, ownership and survivalA six-part GoldCore Friday Read series using true episodes from financial and social history to explore what money is, what ownership means, why intelligent people speculate, where wealth becomes safe and what we are ultimately trying to preserve. At 7.35 on the morning of 1 July […]
Despite headlines warning of a looming silver shortage, the reality is far more nuanced and arguably more important for investors. Silver is still available. You can buy it online, over the phone, or store it in secure vaults around the world. But beneath the surface, the market is becoming increasingly constrained. In our latest GoldCore […]
What if the problem is not that gold is becoming more expensive, but that the money we use to measure it is becoming less valuable? In my latest conversation with JP Cortez, Executive Director of the Sound Money Defense League, we explore what this means for savers and why he believes gold and silver should […]
At the time of writing, gold continues to trade in a narrow range around $4,050/oz as investors await this week’s key US economic data, particularly Friday’s Nonfarm Payrolls (NFP) report. Deutsche Bank expects US employment to increase by 65,000 jobs in July, a modest improvement on June’s 57,000 gain, while forecasting the unemployment rate to […]
What We TrustSix true stories about money, ownership and survivalA six-part GoldCore Friday Read series using true episodes from financial and social history to explore what money is, what ownership means, why intelligent people speculate, where wealth becomes safe and what we are ultimately trying to preserve. On 16 October 1834, workmen at the Palace […]
Markets began the week with yet another reminder of just how quickly the picture can change. Gold briefly slipped below $4,000 an ounce yesterday before recovering above $4,070 today. Silver has rebounded more sharply, while oil climbed above $90 a barrel, up from less than $72 at the beginning of the month, around the level […]
Gold and silver have had another volatile week. At the time of writing, gold was trading close to $4,100 an ounce, having recovered some ground after renewed tension around Iran and the Strait of Hormuz. Silver remains under greater pressure, after another sharp move lower this week. The immediate drivers are nothing we haven’t spoken […]
After a bruising couple of weeks, gold and silver markets have started to look more constructive again. Gold fell heavily last week, briefly trading close to $4,100 per ounce, its weakest level for several months. Since then, it has recovered to around the $4,300 to $4,350 area. Silver followed a similar pattern, falling toward the […]
For many of our clients and readers, today marks the beginning of a three day weekend as we head into the May Day Bank Holiday, a date observed across much of the world. It carries different meanings depending on where one stands, from pagan celebrations of spring through to International Workers’ Day. In some countries […]
In the desert, a mirage convinces you relief is just ahead. The horizon bends, the heat makes the air appear to shimmer, and what looks like water turns out to be nothing more than heat and distance playing a trick on the eye. This metaphor came to mind again this week, as I found myself […]