
The Physical Fundamentals Are Stronger Than Ever For Gold
The physical fundamentals are stronger than ever for gold. Russia and China continue to be huge buyers. China bans export of its 450 tons per year of physical production.
Read articleThe physical fundamentals are stronger than ever for gold. Russia and China continue to be huge buyers. China bans export of its 450 tons per year of physical production.
Read articleBRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.
Read articleDespite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge. Here are six reasons why.
Read articleNormally when rates go up, the dollar strengthens and gold weakens. They usually move in opposite directions. So how could gold have gone up when the Fed was tightening and the dollar was strong?
Read articleIn Q3, Ray Dalio went on a gold buying spree, increasing his GLD holdings by a whopping 575%. As a result of the surge in holdings, Bridgewater as of this moment, the 8th largest holder of paper gold, known as GLD.
Read articleGermany’s gold investment market has boomed in the past 10 years. In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth.
Read articleUnited States President Donald J. Trump somewhat unpredictably did the predictable by naming Jerome Powell the new Chair of the Federal Reserve.
Read articleBill Bonner spoke to James Rickards about central banks’ inability to stop the next financial crisis, as well as a possible financial market lock down.
Read articleBy having control of the physical market for gold, China can threaten to use it to destabilize the dollar, without destabilizing the yuan.
Read articleVenezuela this month allowed a $1.7 billion gold swap with Germany’s Deutsche Bank AG to lapse, according to an opposition legislator who said it weakens the balance sheet of the crisis-stricken OPEC nation’s central bank.
Read articleGold is better than cryptocurrencies due to its durability and intrinsic value, explains American banking giant Goldman Sachs.
Read articleThe traditional post jobs report rally for gold is in full swing. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released.
Read articleChina, increasingly backed by Russia—the two great Eurasian nations—are taking decisive steps to create a very viable alternative to the tyranny of the US dollar over the world trade and finance. Wall Street and Washington are not amused, but they are powerless to stop it…
Read articleIf the US cannot stop China from implementing its “oil – for yuan – for gold” program, then the fate of the US is at hand.
Read articleAlthough we cannot reconcile this positive dollar outlook for the medium-term (long-term outlook remains bearish) with a positive outlook for the Precious Metals sector, there are times when the dollar and gold and silver rally together.
Read articleThe Bank of Russia has more than doubled the pace of gold purchases, bringing the share of bullion in its international reserves to the highest of Putin’s 17 years in power, according to World Gold Council data.
Read articleChina’s proven gold reserves reached 12,100 tonnes at the end of 2016, the state news agency Xinhua reported on Monday quoting an official with the national gold association.
Read articleThe price of oil, the value of gold, the value of the Yuan and the value of the Dollar will all be affected as the economic relationship between vast amounts of oil and scarce amounts of gold is determined.
Read articleExporters of oil to China will accept the Chinese currency, the Yuan, in payment for the oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold.
Read articleThe world may have already produced the most gold in a year it ever will, according to the chairman of the World Gold Council.
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