Tag Archives: GoldCore

by Reuters * Gold prices could see strong intraday volatility – analyst* UK election, Ex-FBI director testimony, ECB meeting set for later in the day* Downside for gold is “limited” (especially in sterling) Gold held steady on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day that could boost the safe-haven demand for the metal. Gold prices in UK sterling...

– Gold prices break 6 year down trend on safe haven demand (see charts)– Chinese gold demand set to surge 50% to 1,000 metric tonnes – Chinese demand for gold bars on track to surge more than 60 percent in 2017 – Geopolitical risk internationally leading to safe haven demand– UK election, terrorism and rising tensions in Middle East supporting gold after attacks in London and attacks in Iran today – Gold is 12.5% higher...

– Deposit bail in risk as stocks and bonds of Spanish bank –  Banco Popular – crash – Banco Popular stock crashes most on record – down 63% this year to 34 euro cents – Spanish bank tells employees – “Don’t panic” – Risk of Spanish banking crisis as Banco Popular credit curve inverts – Banco Popular needs to find at least €4 billion more capital – analysts – Deposits over €100,000 (euro) vulnerable to bail-in – EU,...

Gold hits five-week high Reaches $1,273.74/oz, highest since April 25th Sterling recovers after UK polls point towards a hung Parliament Expected Fed-tightening capped gains 90-dead in Kabul, further signs of increasing tension in Middle East Trump expected to pull out of Paris Accord and Trump’s anti-Iran axis already feuding Yesterday gold hit $1,273.74/oz, a level not seen for five weeks. Analysts point to some...

Do you think silver is poised to go higher? I sure do. That’s because I’m watching what is going on in the world’s silver ETFs. I’m also watching the mountain of forces that are piling up to push the metal higher. Look at this chart. It shows all the metal held by the world’s physical silver ETFs (black line). And all the metal held by the world’s physical gold ETFs (blue line) … Gold And Silver Prices, May 2016 - May...

The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets. Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a “terrorist incident”. Asian stocks  gave up gains after the attacks and European indices had a subdued start. Gold rose in the aftermath of the attacks to three week...

Tech is the umbrella word for all things fashionable to invest in right now. Take the recent flotation of Snap Inc. (parent company of teen and narcissists’ favourite app SnapChat), everyone wanted in on the $20 billion flotation. Snap is likely a sign of a tech bubble that will cost a lot of savers and investors huge amounts of money … again. Before putting your savings into the likes of SnapInc we think there are some...

Cyber Attacks Show Vulnerability of Digital Systems and Digital Currencies - Click to enlarge – Cyberattacks expected to spread today in “second phase”– UK intelligence says scale of threat significant – Microsoft slams NSA for letting hacking tools cause global malware epidemic– Ransomware attack already crippled more than 200,000 computers in 150 countries– 1.3 million computer systems believed to be at risk–...

History of Gold – How the gold industry has changed over 50 years Thomson Reuters GFMS have compiled an interesting high level history of the gold industry in the last fifty years. Topics covered and interesting historical facts to note include: – Gold market size– Gold mine production “peaked in 2015” – South African production collapse from 1,000 tonnes– South African gold was flown to London and Zurich and an...

Peak Gold and Silver On “Small Finite Planet” With Near Infinite CurrencyPeak gold and silver and the case for peak precious metals on “our small, finite planet” was the topic for discussion on the latest episode of the the Keiser Report. (Max Keiser interview of Mark O’Byrne of GoldCore in 2nd half of show at 13 min 15 seconds) [embedded content] Topics covered in the interview – Small planet with finite resources...