Blog
The Next Financial Crisis Has Already Begun (Few See It Coming)
Investors are celebrating what appears to be another reassuring signal from the US economy. The latest jobs report has delivered figures that surpassed expectations. The economy added 147,000 jobs in June, comfortably exceeding the forecast of 111,000. The unemployment rate fell to 4.1 per cent, below the anticipated 4.3 per cent. Furthermore, job numbers for […]
How The World Is Quietly Preparing for a Gold-Backed BRICS Currency
The BRICS Summit Could Change Everything, And Gold Is at the Center Next week, the BRICS nations Brazil, Russia, India, China, and South Africa convene once again. But this isn’t just another round of diplomatic niceties. Behind the scenes, something more consequential is brewing: a possible redrawing of the global financial map, with gold at […]
The Platinum Breakout No One’s Talking About
Across the Middle East, old shadows are deepening. This week saw direct strikes between Israel and Iran. These are no longer proxy skirmishes, but overt and escalating. President Trump has hinted at possible U.S. involvement, saying he’ll decide “one second before it’s due.” Iran’s Supreme Leader warns that any such move would bring “irreparable damage.” […]
Gold is now the reserve currency. The West just hasn’t admitted it.
You’d be forgiven for missing it, but gold has overtaken the euro as the world’s second-most held reserve asset. It now makes up 20% of global central bank reserves. The euro lags behind at 16%. The dollar still sits at the top, for now, but its share is steadily eroding. In 2024 alone, central banks […]
Silver Linings, Split Alliances, and What They Teach Us
Every now and then, the week’s headlines offer more than just drama. They offer us a chance to pause and reflect on the deeper themes playing out beneath the noise. This past week was no exception. We watched the spectacular public unraveling of the relationship between Elon Musk and Donald Trump play out in the […]
The ECB is cutting rates again. But this is no return to stability.
This week, the European Central Bank lowered its benchmark rate to 2 percent. It was the eighth cut in the past year. Since last June, borrowing costs across the Eurozone have been halved. It is not a sign of strength. It is a sign of concern. Inflation pressures have eased, but the real driver is […]
Christine Lagarde wants the euro to rival the dollar. Investors prefer gold.
This week ECB President Christine Lagarde proposed that the euro could rival the dollar if only the EU would finish what it started. Her wish list included deeper capital markets, more military muscle, new trade agreements, and a jointly-financed supply of “safe” assets. In short, she wants a stronger currency. What she has is the […]
What We Heard About the Gold Market
One of the great privileges of what we do at GoldCore is the chance to meet with clients, not just over the phone or on a screen, but in person. This past week, we had that opportunity at a big event in Ireland. It was a wonderful event. We were genuinely touched by how many […]
What the US-China Trade Truce Really Means And Why It Matters for Gold
Earlier this week, the United States and China agreed to a 90-day pause in their trade war. Tariffs were lowered, markets rallied, and some commentators even called it a “reset.” But like many such announcements, the headlines may be hiding more than they reveal. At GoldCore, we’ve taken a step back to examine what this […]
