James Rickards: Gold Will Start Heading Higher On “Dwindling” Supply

James Rickards via Daily Reckoning Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one. Gold in USD (5 Years) On a recent visit to Switzerland, I was informed that secure logistics […]

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Billionaires Invest In Gold

Billionaires Invest In Gold by Visual Capitalist There are always lessons that can be learned from the “smart money”. Source: Visual Capitalist Unlike regular investors, billionaire money managers like Ray Dalio and Stan Druckenmiller are professional investors. They have entire institutional teams at their disposal, dive deep into the nuances and complexities of the market, and […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Gold Breaks 6-Year Downtrend On Safe Haven and 50% Surge In Chinese Demand

– Gold prices break 6 year down trend on safe haven demand (see charts) – Chinese gold demand set to surge 50% to 1,000 metric tonnes – Chinese demand for gold bars on track to surge more than 60 percent in 2017 – Geopolitical risk internationally leading to safe haven demand – UK election, terrorism and […]

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Deposit Bail In Risk as Spanish Bank’s Stocks Crash

– Deposit bail in risk as stocks and bonds of Spanish bank –  Banco Popular – crash – Banco Popular stock crashes most on record – down 63% this year to 34 euro cents – Spanish bank tells employees – “Don’t panic” – Risk of Spanish banking crisis as Banco Popular credit curve inverts – Banco Popular […]

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Bitcoin volatility and why it’s good for gold

Bitcoin hits $2,700, a 500 fold increase in five years and doubling in price since May 1st. Previous surges – in 2011 and 2013 – have been followed by dramatic crashes Significant premiums seen in Asia, over USD price Total cryptocurrency market cap reached over $90bn, last week Market remains small and volatile Comparisons between […]

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