Tag Archives: Reuters

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 airliner had its own designated...

Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices.  Here we’ll present the data and evidence that they’ve not only done so, but gone too far. When we discuss elevated financial asset prices we really are talking about everything; we’re talking not just about the sky-high prices of stocks and bonds, but also of the trillions of dollars’ worth of derivatives that...

In a bizarre series of events that have had limited coverage but which are sure to have far-reaching consequences for benchmark pricing in the precious metals markets, the LBMA Gold Price and LBMA Silver Price auctions both experienced embarrassing trading glitches over consecutive trading days on Monday 10 April and Tuesday 11 April. At the outset, its worth remembering that both of these London-based benchmarks are...

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...

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...

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...

The diplomatic scandal between Turkey and the Netherlands deteriorated overnight, when Prime Minister Binali Yildirim warned on Sunday that Turkey would retaliate in the "harshest ways" after Turkish ministers were barred from speaking in Rotterdam, leading to a major protest in front of the Turkish consulate in Rotterdam, while the Dutch embassy in Istanbul was closed off due to "safety concerns." "This situation has been protested in the strongest manner by our side, and it has been...

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...

  Why gold retains value? Interesting unknown gold facts “Prepare your jaws for a sizeable drop!” History, finite, rare and peak gold “It is beautiful to look at…” ‘Heavy metal’ – Thud sound of a gold bar (kilo) ‘Going for gold’ – Olympic gold medals to Chelthenham ‘Gold Cup’ Peak gold … “Hard work to get gold out of the ground…” How much an Oscar is actually worth? Importance of hiding gold creatively and securely if...

Importance of Hiding Gold Creatively and Securely If Taking Delivery Why gold retains value? Interesting unknown gold facts "Prepare your jaws for a sizeable drop!" History, finite, rare and peak gold "It is beautiful to look at..." 'Heavy metal' - Thud sound of a gold bar (kilo) 'Going for gold' - Olympic gold medals to Chelthenham 'Gold Cup' Peak gold ... "Hard work to get gold out of the ground..." How much an Oscar is actually worth? Importance of hiding gold creatively and securely...