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| Bullion Vault |
Gold Bullion Gains Extend ETF Growth as Inflation Worries Hit 'Even the Yellen Fed' |
GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records.
With energy costs
already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this time last year.
Silver bullion held firm witTuesday, January 12, 2021 |
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| Mac Slavo - ShtfPlan |
Predicting The Next Crisis, Programming Behavior: “The Ability To Track Entire Population” |
This article was written by Brandon Smith and originally published at PersonalLiberty.com. His site is Alt-Market.com.
Editor’s Comment: Unless you have gone well out of your way to stay off the grid completely, and out of the regular dealings of society, then you are being tracked, constantly surveilled and monitored – not for misbehavior and criminal activity so much as for behavior, typical activity, mass population movements, and flash points for crisis.
Good predictions require a complete sTuesday, December 22, 2020 |
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| Mish - Global Economic Analysis |
EU Holds Emergency Meeting to Prepare for No-Deal Hard Brexit |
After the EU rebuked Theresa May's Chequers proposal, the chance of a hard Brexit rose sharply. The EU is now preparing.
The Financial Times reports EU Prepares Five-Day Plan in Case of No-Deal Brexit.
Similarly, Bloomberg says EU Envoys to Discuss Emergency Preparations.
Neither article said much of anything beyond the title and subtitle.
Eurointelligence had much more interesting commentary.
As a no-deal Brexit emerges as a serious possibility on the political horizon, the EU-side is makingFriday, September 28, 2018 |
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| Mish - Global Economic Analysis |
Disaster in Salzburg: Brexit Fog Lifts, Reveals More Fog |
Eurointelligence says the fog over the English Channel is lifting as odds of "no-deal" rise.
The Independent says After Salzburg, Theresa May's Brexit Plans are in Shreds, and that a Norway or Canada Model is her only option.
Theresa May looked shocked but should not really have been surprised by her humiliation at the EU’s summit in Salzburg. She was expecting warm words about her Chequers blueprint on future UK-EU relations, to give her political cover at home. British officials had naively tTuesday, September 25, 2018 |
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| John Paul Koning - Bullion Star |
Did Brexit break the banknote |
Nations never experience year-over-year declines in cash in circulation. Sweden (which I wrote about here, here, and here) is one of the rare exceptions. India is another, but this was due to its notorious botched demonetization attempt (which I wrote about here, here, here, and here). But now the UK seems to be joining this small group of outliers.
Why does a nation's cash in circulation generally grow consistently from one year to the next? While economies do experience the odd recession, inSunday, September 23, 2018 |
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| Mark O'Byrne - gold.ie |
Crock Of Gold Hidden In Ireland Happy Saint Patrick’s Day |
Crock Of Gold In Ireland? Happy Saint Patrick’s Day
Wishing you health, wealth and good luck this Saint Patrick’s Day!
May your home be filled with laughter
May your pockets be filled with gold And may you have all the happiness Your heart can holdThis Saint Patrick’s Day we bring you an interesting article from the Irish Post about the history of gold mining in Ireland and Ireland’s hidden gold hotspots.
IRELAND has a long and rich history of gold mining, dating back to the 1800s and continSunday, March 18, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Are We Going to $1,120 or $1,510 No Matter What, Own Some Gold! |
Who will win: bulls or bears? The LBMA published its annual forecast survey for precious metals prices in 2018. Gold prices range from $1,120 to $1,510. Where is the price of the yellow metal headed?
Summary of the Survey
The views of about 30 analysts in the 2018 forecasts are strongly divergent. The average price of gold is projected to be $1,318, so it is expected to be around the current level, but almost 5 percent higher than the last year’s average of $1,257.12. However, the average gold pFriday, March 16, 2018 |
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| Mark O'Byrne - gold.ie |
Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony |
– Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England– Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil– Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes– Central bank gold purchases continue to be major drivers of gold market– Russian central bank gold reserves now exceed those of China– Decisions to repatriate and increase gold reserves come as rifts between East and West wiWednesday, March 14, 2018 |
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| Alasdair Macleod - Finance and Eco. |
Trade Wars |
An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice.The back story appears to be far deeper than some relatively minor tariffs on steel and aluminium would suggest. It comes after a prolonged period of shadow-boxing between America in the blue corner and Russia Friday, March 9, 2018 |
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| Mark O'Byrne - gold.ie |
London Property Sees Brave Bet By Norway As Foxtons Profits Plunge |
– Sales in London property market at ‘historic lows’
– 65% fall in pre-tax profits in 2017 to £6.5m reported by London estate agents Foxtons
– Foxtons warns 2018 will ‘remain challenging’ for London property
– Norway’s sovereign wealth fund is backing London’s property market
– RICS: UK property stock hits record low as buyer demand falls
– Own physical gold to hedge falls in physical property
The world’s biggest sovereign state fund is backing the London property market. The news comes at a tiFriday, March 9, 2018 |
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| Bullion Vault |
Gold Price Rallies vs Weaker Dollar as EU Retaliates in US Trade War |
GOLD PRICES rose against a weakening Dollar in London trade Tuesday, regaining last week's 0.5% loss to reach $1329 per ounce but slipping in Euro and Sterling terms as talk of a "trade war" between the US and Europe grew.
After US President Donald
Trump last week proposed new US tariffs on steel and aluminum imports, "We are looking at possibilities to retaliate," the EU Commissioner for Trade
told the BBC, "[with] taxTuesday, March 6, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Will Stars Shine on Gold |
Major blow to the EU! The populist Five Star Movement won about one-third of the votes in the Italian general elections. It’s another negative shock for the European establishment. Will these stars shine on gold?
Five Stars Movement Triumphs
We live in strange times. To be a hairstylist, you need a license. But you can become a politician being just a comedian and telling jokes. We refer here to Beppe Grillo who co-founded the Five Star Movement a decade ago. Although the party was initially perTuesday, March 6, 2018 |
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| Bullion Vault |
Gold Prices Sink vs. Yen, Jump in USD as Trump Declares ‘Trade War’ |
GOLD PRICES whipped amid sharp currency swings on Friday as global stock markets fell hard after US President Donald Trump defended plans for stiff tariffs on imports of steel and aluminum into the world's No.1 economy by declaring that "trade wars are good".
Proposing 25% tariffs on imports of steel and 10% on aluminum last night, "When we are down $100 billion with a certain country and they get cute, don't trade anymore," Trump tweeted on Friday morning.
Having erased Saturday, March 3, 2018 |
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| Bullion Vault |
Gold Flirts with $1300 on Solid US, Euro Inflation Data But China's Demand to Buy Supports |
BUY GOLD prices in London's wholesale market erased the last of 2018's previous 4.9% gain on Thursday, falling back near $1300 per ounce after new US inflation data came in stronger than analysts forecast.
The PCE measure of US
consumer costs rose 1.7% in January from the same month last year, the Bureau of Economic Analysis reported, holding the same pace of inflation as December.
Friday, March 2, 2018 |
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| Bullion Vault |
Gold Prices Steady from Powell's Fed Rate Forecast, Platinum Up 6 for 2018 Despite 'Death Knell for Diesel' |
GOLD PRICES steadied at multi-week lows on Wednesday as the Dollar paused its gains but world stock markets followed Wall Street lower after new Federal Reserve chair Jerome Powell told US lawmakers to expect further interest rate hikes.
Extending its sharpest 1-week drop of 2018 to date, gold fell another $20 per ounce between Tuesday morning and the end of London trade yesterday, bouncing off a 2-week low of $1314 overnight.
Thursday, March 1, 2018 |
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| Mark O'Byrne - gold.ie |
Digital Gold Provide the Benefits Of Physical Gold |
– Will digital gold provide the benefits of physical gold?– Digital gold and crypto gold products claim to combine efficiencies of blockchain with value of gold– They are yet to provide the same benefits or safety as owning physical gold– National mints jumping in on the ‘sexy blockchain’ act – BOE declares bitcoin ‘not a currency;’ Royal Mint launches blockchain gold product– Digital gold, blockchain gold and crypto gold is frequently not fully backed, unallocated, pooled and unsecured gold hoMonday, February 26, 2018 |
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| Egon von Greyerz - Matterhorn AM |
OWN GOLD BEFORE PANDORA REOPENS THE BOX |
In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history.
Pandora – the all givingFriday, February 23, 2018 |
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| Bullion Vault |
Gold Prices 'Hit by Deep Link' to Real Yields But 'Should Gain' on Inflation |
GOLD PRICES struggled to recover from yesterday's sharp drop against the rallying US Dollar in London on Wednesday, halving last week's 2.2% gain as world stock markets fell, bond prices steadied and commodities edged higher.
Retreating 2.6% from last Friday's 3-week high at $1361 per ounce, the
gold price in Dollar terms has now cut its 2018 gains to date to just 2.2%.
Priced in EuWednesday, February 21, 2018 |
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| Adrian Ash - Bullion Vault |
London Gold Trading Up, Physical Flows Down in 2017 |
4-year high in London bullion trading as gold bar holdings grow...
GOLD TRADING in the world's central wholesale market of London rose to a four-year high by volume and value in 2017, but physical flows of bullion bars through the UK fell by one quarter, down for the first year since 2014,
writes Adrian Ash at BullionVault.
Data reported by industry body the London BulliWednesday, February 21, 2018 |
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| Mark O'Byrne - gold.ie |
Bitcoin or British Pound ‘Pretty Much Failed’ As Currency |
– Bitcoin has ‘pretty much failed’ as a currency says Bank of England Carney– Bitcoin is neither a store of value nor a useful way to buy things – BOE’s Carney– Project fear against crypto-currencies or an out of control investing bubble?– Bitcoin will likely recover in value but is speculative and not for widows and orphans– British pound has been a terrible store of value – unlike gold– Pound collapsed 30% in 2016 and down 11.5% per annum versus gold in last 15 years– Fiat currency experiment Wednesday, February 21, 2018 |
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