Central banks are buying the most gold since the end of World War II — here’s why
Article by Business insider Central banks have bought the most gold since the end of World War II, with the commodity becoming an increasingly valuable hedge against growing global instability. The near-record buildup in government debt globally, particularly in the US, makes other perceived risk-free assets less attractive. Gold is seen to have returns similar […]
Zak Mir: Small Cap Highlight ECR Minerals #ECR – Gold back in the spotlight as slowing global economic growth spikes renewed appetite
By Zak Mir, Financial Journalist Positive forecast for gold prices Australia Gold production ramp-up MicroCap Australian Gold explorer focus Positive forecast for gold prices Sharp declines in global stock markets over the past few weeks saw Gold hit a three month high as political uncertainty continues to grow across the world. In August prices for […]
Money Week: Gold is a bargain – Time to top up your holdings
By: Marina Gerner 28/09/2018 – Money Week Gold has a bad reputation among some investors. The shiny metal has long been seen as “the investment choice of the cranky and the fearful”, says Andrew Bary in Barron’s. It yields nothing, and in the words of Warren Buffett, it just “looks at you”. It has certainly fallen out […]
“The World Is Walking From Crisis To Crisis” – Why BofA Sees USD1,500 Gold And USD30 Silver
by Tyler Durden With both stocks and US Treasury prices at all time highs the market is sensing that something has to give, and that something may just be more QE, which likely explains the move higher in gold to coincide with both risk and risk-haven assets. As of moments ago, gold rose above […]
Gold, silver up a fourth session as BOJ, Fed inaction pressures dollar – Market Watch
Excerpt from Market Watch article by Myrap Saefong and Rachel Kong-Beals Full article here Interest-rate policy can influence demand for nonyield-bearing assets like gold, putting them in competition with those offering yields. The cautious path for both central banks has bolstered the case for continued bullish bets on metals. The Fed seems likely to take no […]
TipTV Daily Market Roundup with Brand CEO Alan Green & Zak Mir
Watch the TipTV Daily Market Roundup with Brand CEO Alan Green & Zak Mir. Stocks discussed include ASOS (ASC), Michael Page Intl (MPI), British American Tobaccos (BATS), Just Eat (JE.), ITV (ITV) plus the outlook for Gold.
Oil, Iron Ore And Other Nonsense
Looking at the surge in most commodity prices since Christmas indicates that the world is on the verge of a new economic boom but it does not smell like that to me. Every bear market has its rallies and this is the grandaddy of all bear markets so a major rally should not have come […]
Will It All End In Tears
In February Canada sold off all its gold reserves, leaving just a tiny 77 ounces as a keepsake. In fact Canada had been slowly selling off its gold reserves since 1965 but this final divestment came as something of a shock, reminiscent of Gordon Browns 3 year fire sale of the UK’s gold reserves for […]
Gold’s price rally has diehard fans excited – but for how long? – The Guardian
by Debbie Carlson at The Guardian China is wobbling, oil is plummeting, Britain is threatening to quit Europe. And the gold bugs couldn’t be happier. With a 15% gain in 2016, gold’s rally has its diehard fans excited. But for how long? This is the metal’s best start since 1980, when gold prices rallied about […]
Gold bugs predict $US2,000 plus prices – ABC News
By business reporter Emily Stewart Gold prices have dipped today as markets rebound, but this year the precious metal has seen a meteoric rise. “In US dollar terms the gold price is up around 15 per cent, currently trading around [the] $US1,250 an ounce mark,” said Jordan Eliseo, the chief economist at ABC Bullion. “In […]