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Tag Archives: GoldCore

Bank of England Rigging LIBOR – Gold Market Too?

– Bank of England implicated in LIBOR scandal by BBC – “We’ve had some very serious pressure from the UK government and the Bank of England about pushing our Libors lower.” – “This goes much much higher than me” -UBS’ Tom Hayes – Libor distraction as all markets are manipulated today –  Central bank’s “rigging” bond markets and likely gold – Risks of bank ‘holidays’, capital controls and of course bail-ins remains Bank...

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Gold Silver Oil Spike After U.S. Bombs Syria

– Gold silver oil spike after U.S. bombs Syria– Gold and silver spike 1% as oil rises 1.4% – Gold breaks 200 day moving average, 4th week of gains– Stocks fall after U.S. strikes in Syria rattle markets – U.S. missiles hit airbase; Lavrov says no Russian casualties; Russia deploys cruise missile frigate to Syria – Russia denounces ‘aggression’ & warns of ‘considerable damage’ U.S. ties– “Aggression against a...

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Gold, Silver Best Performing Assets In Q1, 2017

– Gold, silver two of the best performing assets in the first quarter of 2017 with gains of  8% and 14% respectively – Gold outperforms benchmarks – S&P 500 up 6%, MSCI (All Country World Index) up 6.4% (see tables) – Nasdaq and German DAX rise 11.8% and 7.6% – Silver best performing currency in quarter – Five best performing currencies in Q1 are in order – silver, bitcoin, Mexican peso, Russian ruble and gold –...

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Brexit Gold Buying – UK Demand for Gold Bars Surges 39 percent

As the UK triggered its formal departure from the European Union yesterday, gold demand from UK investors remained ongoing and robust with increased numbers of British investors diversifying into physical gold in order to hedge the considerable uncertainty and volatility that the coming months and years will bring. The U.K. government yesterday triggered Article 50–the legal mechanism which will start negotiations on...

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Safe Haven Gold Rises 2.5 percent As Stocks Fall and ‘Trump Trade’ Fades

Gold and silver jumped another 1% overnight in Asia, building on the respective 1.5% and 2.2% gains seen last week. The ‘Trump trade’ is fading, impacting stock markets and risk off has returned to global markets with the Nikkei, S&P 500 futures and European stocks weakening. The precious metals had their second consecutive week of gains last week. Gold rose 1.5% and silver 2% while platinum rose 0.5% and palladium...

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Gold ETFs or Physical Gold? Dangers In Exchange Traded Funds

Gold ETFs or gold bars? Bars including one kilo gold bar at bullion dealers Goldcore, in London, U.K. (March 11, 2010). Photographer: Chris Ratcliffe/Bloomberg Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different...

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Gold ETFs or Physical Gold? Dangers In Exchange Traded Funds

Gold ETFs or gold bars? Bars including one kilo gold bar at bullion dealers Goldcore, in London, U.K. (March 11, 2010). Photographer: Chris Ratcliffe/Bloomberg Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different...

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Peak Gold – Biggest Gold Story Not Being Reported

– Peak gold – Biggest gold story not being reported– Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets– Decline in gold production at world’s top 10 gold mining companies – Byron King– “No new big mines being built in the world today” – Glencore CEO Glasenberg– Primary global gold output declined in 2016 – Thomson Reuters via Mining.com– 2016 was first year of fall in mine production since 2008–...

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Peak Gold – Biggest Gold Story Not Being Reported

– Peak gold – Biggest gold story not being reported– Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets– Decline in gold production at world’s top 10 gold mining companies – Byron King– “No new big mines being built in the world today” – Glencore CEO Glasenberg– Primary global gold output declined in 2016 – Thomson Reuters via Mining.com– 2016 was first year of fall in mine production since 2008–...

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The Best Ways to Invest in Gold Today

The Best Ways to Invest in Gold Today – The cost of buying and selling gold – How to buy gold on the cheap – How to avoid paying capital gains tax (CGT) on your gold – Open an account with one of the online bullion dealers – the likes of GoldMoney, GoldCore or Bullion Vault –  Gold Sovereigns and Gold Britannias make for a considerable saving on cost because of the CGT exemption Gold Britannias and Sovereigns are free...

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