Global stock markets slipped, while the US Dollar returned to rising – suggesting a new dash for cash after a 4-session break – after President Donald Trump abruptly abandoned his ambition to return American life to normal by Easter
Full Article →GOLD PRICES headed for their strongest weekly gain since late 2008 on Friday, adding more than 8.2% as the rebound in global stock markets faded despite governments and central banks unleashing record financial aid
Full Article →GOLD PRICES fractured worldwide, with dealing spreads widening sharply while the US derivatives market spiked $100 per ounce above global market reference point after Boris Johnson put UK into official coronavirus lockdown.
Full Article →Gold Jumps on Fed’s Third Easing
GOLD PRICES jumped Monday, reaching 3-session highs above $1525 per ounce as government bond prices rose but world stock markets and commodities fell yet again after the US Federal Reserve made its 3rd unscheduled emergency policy change of March 2020 so far, aimed at “supporting the economy” amid the Covid-19 shutdown.
Full Article →GOLD prices in London, heart of the world’s wholesale bullion markets, again tried to rally above $1500 per ounce on Friday, while global stock markets bounced together with industrial metals and major government bond prices as the death-toll from novel coronavirus rose past 10,000
Full Article →“Silver is nature’s finest germ killer. Simply by being silver, this most precious metal’s elemental properties are toxic to pathogenic microorganisms while simultaneously being non-toxic to healthy cells and probiotic bacteria. “
Full Article →The disconnect between paper prices for precious metals and demand in the bullion markets has never been clearer as nervous investors are frantically buying coins, rounds, and bars.
Full Article →Crashing Markets And the Next Great Inflation
Before investors jump on the deflation bandwagon, they should carefully consider the monetary and political forces that could be deployed to reverse a whiff of deflation.
Full Article →Covid-19 Financial Doomsday – The Time Is Nigh
We appear to be entering the sort of scenario that doomsday preppers have been warning about for years. A pandemic is spreading death and panic around the world. Markets are crashing. Store shelves are emptying…
Full Article →Stocks have long been priced for perfection and suddenly conditions are looking far from perfect. The coronavirus may be the pin which pricks the latest Fed-blown bubble.
Full Article →During turbulent times like these, markets can be melting down one day… and zooming higher the next. Gold may serve as a fantastic safe-haven asset one day… but get hammered by futures traders the next.
Full Article →A futures contract is not an asset with intrinsic value. It is nothing more than a wager on the price of the metal on a particular future date. There is ultimately a winner and a loser for each wager.
Full Article →The Final Curtain for Silver and Gold Eagles
The Silver and Gold Eagles, considered to be the most popular bullion coins in the world, will finally be getting a face lift… or least a “tail” lift.
Full Article →Getting on Board the Silver Express!
Over the last half year or so, a number of analysts, well-heeled individuals, and mega-hedge fund managers have been taking a shine to silver. So far the “restless metal” hasn’t been letting on that it’s noticed.
Full Article →Silver’s Coiling Like a Spring
The Dollar Index is now facing some significant resistance in the 99-100 zone. If the buck turns lower from here, that should help hard asset prices continue to recover
Full Article →GOLD prices ticked higher in London trade Friday, rising against the US Dollar for the 6th of 7 weeks so far in 2020 and setting fresh all-time highs against the Euro currency as global stock markets struggled despite a drop in new cases of coronavirus reported by world No.2 economy China.
Full Article →Gold Price Sets Fresh Euro Record as ETF Investing ‘Offsets’ China’s Coronavirus Slump Bullion.Directory precious metals analysis 13 February, 2020 By Adrian Ash Head of Research at Bullion Vault GOLD […]
Full Article →GOLD PRICES struggled $5 below last week’s closing level in London’s bullion market on Wednesday, trading at $1565 per ounce as world stock markets rose yet again, nearing last month’s fresh all-time highs on the MSCI World Index
Full Article →Over the last 2 years, gold bullion accounted for 7.0% of all UK imports of goods by value, and 5.9% of all exports according to source data from the HMRC tax authorities.
Full Article →Prosecutors Target JPMorgan in Price Rigging Probe
The road to full accountability for JPMorgan remains long and full of obstacles. But it is certainly nice to see prosecutors treating the bank without the usual kid gloves.
Full Article →THIS Is What a Run on the Bank for Precious Metals Looks Like…
Put simply, available inventories are failing to keep up with demand largely from the automotive industry. According to Refnitiv GFMS, the palladium market will be under-supplied by 883,000 ounces this year.
Full Article →GOLD PRICES headed for their first weekly drop in 9 on Friday, but held onto a $25 rally from Wednesday’s 2-week lows despite the United States reporting much stronger-than-expected January jobs data as the coronavirus outbreak and lockdown in China saw the death of a whistleblower spark anger with the authorities on social media
Full Article →GOLD PRICES struggled to regain half of this week’s $40 losses in London on Thursday, trading below $1565 per ounce as world stock markets rose yet again despite a fast-worsening economic outlook amid the coronavirus outbreak spreading from China.
Full Article →GOLD INVESTING prices steadied above 3-week lows of $1550 in London trade Wednesday, rallying $6 per ounce as world stock markets surged for a second day after Chinese TV claimed scientists have developed an effective treatment for coronavirus.
Full Article →Central Bankers Try to Avert Coronavirus Crash
The emerging coronavirus pandemic is already crimping global commerce. In response, the S&P 500 has put in two weeks’ worth of declines since making new highs to start the year.
Full Article →Gold Down and Safe Havens Fall Despite China Virus
GOLD fell from 3-week highs, as risk sentiment recovered – and Western stock markets rallied despite plunge in Chinese equities as Beijing vowed to ensure financial stability amid coronavirus emergency.
Full Article →GOLD and SILVER PRICES rose trading at $1579 and $17.85 per ounce respectively as the WHO met to decide whether the coronavirus outbreak marks a global emergency and the Bank of England followed the US Fed in keeping its low-rate unchanged yet again
Full Article →“Going forward, gold is likely to continue benefiting from supportive central bank policies” forecasting an annual average gold price of $1515 per ounce – a rise of 9% from last year’s daily average – with a peak of $1650 to hit late in 2020.
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