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| Jeff Clark - Casey Research |
How safe is your physical Gold |
Here’s a quick checklist of the three most common places to store your gold. My friend overlooked one of the basic rules of home storage, so I hope you’ll review where and how you store your precious metals so that you can avoid the same pain and loss he experienced…Thursday, February 25, 2021 |
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| Mark O'Byrne - gold.ie |
What is the Spot Gold Price |
What is the Spot Gold Price?
When trading gold bullion, the price is usually governed by the "Spot Gold Price". This is the explicit value at which an ounce of gold is selling for on the "over the counter" market at any given point in time.
Just like shares, the gold spot price changes minute-to-minute, hour-to-hour as supply and demand fluctuate. The gold spot price, also known as the "gold current price" can be affected by other influences, such as economic uncertainty, war or any other factorSunday, September 13, 2020 |
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| Jeff Clark - Goldsilver |
Why Own Gold The Top 10 Reasons to Buy Gold Now |
Is gold a good investment? Why should you own it?It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest.But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. These advantages give you power as an investor. And yes, one of thesMonday, May 18, 2020 |
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| Ronan Manly - Bullion Star |
US Gold Reserves, Of Immense Interest to Russia and China |
Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury.
The first of these articles, published by RT on 30 December 2017, is titled “US gold ofFriday, January 19, 2018 |
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| Chris Powell - GATA |
Bullion Star: Why Singapore is so great for gold investors |
Bullion Star, headquartered in Singapore, today expounds on the city-state's great advantages for gold investors.
Bullion Star writes: "Apart from the goods-and-services tax exemption on investment precious metals, there are a number of other jurisdictional advantages that have supported the growth of Singapore as a gold trading and storage hub and that reinforce the logic for buying gold and storing gold in Singapore.
"In Singapore, there are no other taxes when buying gold, silver, or other Tuesday, December 12, 2017 |
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| Rory Hall - Sprott Money |
Taking Back Our Sovereignty And Hacking At the Root of TriEvil |
This “open letter” needs to be shared with as many people as possible. We are hoping to get publication on some of the largest websites around the world. In order for us to come together we must come together. Please share far and wide. Please send to the appropriate people that you feel would be accepting of this idea and help spread this information and published to a variety of websites. Contact for this project – [email protected]
We launch today. The idea is to have each person acquire aTuesday, December 12, 2017 |
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| Jan Skoyles - GoldCore |
Why Switzerland Could Save the World and Protect Your Gold |
– Precious metals advisor Claudio Grass believes Switzerland can serve as an example to rest of world
– Switzerland popular for gold storage due to understanding of the risks inherent in fiat money and gold’s value as a store of wealth.
– International investors opt to store gold in Swiss allocated accounts due to tradition of respecting private property.
– Country respects the importance of gold ownerships and 70% of world’s gold is refined there
Across Europe many voters and politicians are eFriday, November 3, 2017 |
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| Ronan Manly - Bullion Star |
Neck and Neck: Russian and Chinese Official Gold Reserves |
Official gold reserve updates from the Russian and Chinese central banks are probably one of the more closely watched metrics in the gold world. After the US, Germany, Italy and France, the sovereign gold holdings of China and Russia are the world’s 5th and 6th largest. And with the gold reserves ‘official figures’ of the US, Germany, Italy and France being essentially static, the only numbers worth watching are those of China and Russia.
The Russian Federation’s central bank, the Bank of RussiaTuesday, October 17, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Germany Finishes Gold Repatriation |
At the end of August, Germany completed its gold transfer process. What does it mean for the gold market?
On August 23, 2017, the Bundesbank informed that it had finished the planned repatriation of gold earlier than originally assumed. The German central bank transferred approximately 300 tons of gold from the New York Fed and about 374 tons of the yellow metal from Paris in the years 2013-2016. In that way, the Bundesbank managed to realize its gold storage plan three years ahead of schedule. Thursday, September 14, 2017 |
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| Ronan Manly - Bullion Star |
Mnuchin’s PR Visit to Fort Knox proves nothing about the US Gold Reserves |
On the afternoon of Monday, August 21, US Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, Kentucky Governor Matt Bevin, and Kentucky Congressman Brett Guthrie took a visit to the vault of the US Mint’s gold depository in Fort Knox, Kentucky, a vault which, according to the US Treasury, holds gold bars containing 147,341,858 fine troy ounces of gold (4583 tonnes of gold).
The trip was notable in that it is one of the rare occasions in history that a US political/congresThursday, August 24, 2017 |
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| Ronan Manly - Bullion Star |
BullionStar quoted in Wall Street Journal article on New York Fed gold |
On August 10, the Wall Street Journal (WSJ) published an article about the Federal Reserve Bank of New York (FRBNY) custody gold and the NY Fed’s gold vault. This vault is located under the New York Fed’s headquarters at 33 Liberty in Manhattan, New York City.
The article, titled “The Fed Has 6,200 Tons of Gold in a Manhattan Basement – Or Does It?”, can be read on the subscription only WSJ site here, but is also viewable in full on both the Fox News Business and MorningStar websites, here and hSaturday, August 19, 2017 |
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| Ronan Manly - Bullion Star |
LBMA Gold Vault Data – How low is the London Gold Float |
The London Bullion Market Association (LBMA) has just released a first update on the quantity of physical gold and silver holdings stored in the ‘LBMA’ London vaulting network. The LBMA press release explaining the move, dated 31 July, can be read here.
This vaulting network, administered by the LBMA, comprises a set of precious metals vaults situated in London that are operated by the Bank of England and 7 commercial vault operators. For simplicity, this set of vaults can be called the LBMA LonWednesday, August 2, 2017 |
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| Jan Nieuwenhuijs - Bullion Star |
Did The Dutch Central Bank Lie About Its Gold Bar List |
Head of the Financial Markets Division of the Dutch central bank, Aerdt Houben, stated in an interview for newspaper Het Financieele Dagblad published in October 2016 that releasing a bar list of the Dutch official gold reserves “would cost hundreds of thousands of euros”. In this post we’ll expose this is virtually impossible – the costs to publish the bar list should be close to zero – and speculate about the far reaching implications of this falsehood.
Recap
This story started a couple of yeSunday, July 23, 2017 |
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| Ronan Manly - Bullion Star |
Is the COMEX Rigged |
The COMEX gold futures market and the London OTC gold market have a joint monopoly on setting the international gold price. This is because these two markets generate the largest ‘gold’ trading volumes and have the highest ‘liquidity’. However, this price setting dominance is despite either of these two markets actually trading physical gold bars. Both markets merely trade different forms of derivatives of gold bars.
Overall, the COMEX (which is owned by the CME Group) is even more dominant thatTuesday, July 18, 2017 |
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| Chris Powell - GATA |
Texas taps private vendor to manage first state-run gold depository in U.S. |
https://www.texastribune.org/2017/06/14/texas-taps-private-vendor-first-...
Two years after Gov. Greg Abbott announced Texas would build the country's first state-run gold depository, the project took a major step forward today.
Comptroller Glenn Hegar announced at a news conference at the Capitol that his office had selected Austin-based Lone Star Tangible Assets as the private vendor tasked with building and operating the Texas Bullion Depository.
"The Texas Bullion Depository will offer TexThursday, June 15, 2017 |
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| Mark O'Byrne - gold.ie |
In Gold we Trust: Must See Gold Charts and Research |
In Gold we Trust Report: Bull Market Will Continue
The 11th edition of the annual “In Gold we Trust” is another must read synopsis of the fundamentals of the gold market, replete with excellent charts by our friend Ronald-Peter Stoeferle and his colleague Mark Valek of Incrementum AG.
Key topics and takeaways of the report:
– “Sell economic ignorance, buy gold …”
– Many signals suggest that we are about to face a big shift within the financial and monetary system
– 5 reasons why the gold bull Wednesday, June 14, 2017 |
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| Mark O'Byrne - gold.ie |
Pension Funds, Sovereign Wealth Funds, Central Banks “Stock Up” on Gold “Amid Uncertainty” |
Pension Funds, Sovereign Wealth Funds and Central Banks “Stock Up” on Gold “Amid Uncertainty”
By Attracta Mooney
Financial Times, London
Sunday, June 11, 2017
The gold reserves of the world’s biggest public sector investors reached an 18-year high as they hoarded the precious metal after Donald Trump’s election and the Brexit vote added to geopolitical uncertainty.
State investors increased their net gold holdings by 377 tonnes to an estimated 31,000 tonnes last year — the highest level since 1Monday, June 12, 2017 |
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| Mark O'Byrne - gold.ie |
4 Charts Show Gold May Be Heading Much Higher |
by Alex Rosenberg of CNBC
Gold just hit its highest level since election night, and some see more upside ahead for the precious metal.
Gold experienced “a textbook breakout from a symmetrical triangle or wedge,” Rich Ross, technical analyst with Evercore ISI, said Tuesday on CNBC’s “Power Lunch.”
“That’s quite bullish,” Ross added.
He also pointed out that gold’s 50-day moving average has broken above its 200-day moving average, which is commonly seen as a sign of accelerating momentum.
MeanwhiSaturday, June 10, 2017 |
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| Mark O'Byrne - gold.ie |
Gold in Pounds Surges 1.5 To £1,001/oz – UK Political Turmoil Likely |
– Gold in pounds rises 1.5% from £986/oz to £1,001/oz after shock UK election result
– Gold reaches 7 week high and surges 6% in the last 30 days from £942/oz to £1,001/oz
Gold in pounds – 1 month
– Very robust gold sales experienced by gold brokers, including GoldCore, in the UK this week and today
– May’s ruling Conservative party loses overall majority and prospect of hung U.K. parliament
– PM May vulnerable from within Tory Party and Corbyn has called for her to resign
– Corbyn and Labour pFriday, June 9, 2017 |
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| Mark O'Byrne - gold.ie |
Gold Prices Steady On UK Election Risk; ECB Meeting and Geopolitical Risk |
Gold Prices Steady On UK Election Risk; ECB and Geopolitical Risk
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
Polling has staThursday, June 8, 2017 |
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