– US Mint gold coin sales and VIX at weakest in a decade– Very low gold coin sales and VIX signal volatility coming– Gold rises 1.7% this week after China’s Golden Week; pattern of higher prices after Golden Week– U.S. Mint sales do not provide the full picture of robust global gold demand– Perth Mint gold sales double in September reflecting increased gold demand in both Asia and Europe– Middle East demand likely high...
Read More »Negative Rates: The New Gold Rush… For Gold Vaults
Negative interest rates and the populist uprising that spurred the UK to vote for Brexit and Americans to elect Trump has helped reignite a rush into physical safe haven assets like gold and silver, which however has led to a shortage of safe venues where to store the precious metals (unlike bitcoin, gold actually has a physical dimension). And now companies that operate storage facilities for precious metals and other...
Read More »The New Gold Rush… For Gold Vaults
Negative interest rates and the populist uprising that spurred the UK to vote for Brexit and Americans to elect Trump has helped reignite a rush into physical safe haven assets like gold and silver, which however has led to a shortage of safe venues where to store the precious metals (unlike bitcoin, gold actually has a physical dimension). And now companies that operate storage facilities for precious metals and other valuables are ramping up their capacity to help cash in on the soaring...
Read More »Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist
Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist - Gold coin called ‘Million Dollar Gold Coin’ or ‘Big Maple Leaf’ stolen from Berlin museum early on Monday- World's purest gold coin and in the Guinness Book of Records for its purity of 99999 fine gold- Gold coin was legal tender, investment grade, bullion coin and only 5 other coins were minted- The other 'Million Dollar Gold Coin' is still available for sale by GoldCore safely stored in vaults in...
Read More »Digital Gold – For Now Caveat Emptor
Digital Gold On The Blockchain – For Now Caveat Emptor – Bitcoin surpasses gold price – a psychological and arbitrary headline – Royal Mint blockchain gold asks you to trust in the UK government – Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers – Invest in a gold mine using cryptocurrency – but wait until 2022 for your gold...
Read More »Digital Gold – For Now Caveat Emptor
Digital Gold On The Blockchain - For Now Caveat Emptor - Bitcoin surpasses gold price - a psychological and arbitrary headline - Royal Mint blockchain gold asks you to trust in the UK government - Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers - Invest in a gold mine using cryptocurrency - but wait until 2022 for your gold and trust the miners that it is there - Blockchain and gold will...
Read More »Gold Investing 101 – Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints (Part II)
Gold Investing 101 - Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints (Part II) Investors looking to gold again but gold buyers need to exert caution Royal Mint - a royally expensive way to help the government Unallocated gold - unsecured creditor of a bank? If you cannot hold it, you do not own it Own gold bullion coins as insurance, to reduce counter party risk and to preserve wealth Conclusion - Reduce counter parties, Don’t over complicate Yesterday we...
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