Gold Has Been Outperforming S&P 500 When A New Chief Comes In
Gold bulls wagering the bullion rally has more room to run may have history on their side with the arrival of a new U.S. president.
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Gold bulls wagering the bullion rally has more room to run may have history on their side with the arrival of a new U.S. president.
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Mr. Trump does not know it, but applying a policy of protectionism for American industry through tariffs on imports means the death of the world's monetary system based on the dollar.
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The U.S. gold futures market was created in December 1974 as a result of collusion between the U.S. government and gold dealers in London to facilitate volatility in gold prices and thereby discourage gold ownership by U.S. citizens
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Germany's Bundesbank has released news at Christmastime to avoid critical examination and discussion, this time news about its repatriation of the nation's gold reserves.
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According to Bild, around 1,600 tonnes of Germany's gold reserves are now in the country, a figure set to rise to 1,700 tonnes by 2020.
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The United States Federal Reserve raised interest rates by 25 basis points and signaled more of the same to come in 2017-2019. What does it all mean to the gold investor?
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A cache of documents from Deutsche Bank AG include what a group of silver investors claim is a “smoking gun”: private electronic chats showing traders from numerous banks conspiring to rig prices from 2007 to 2013, according to a court filing in New York last week. The bank provided the document...
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Traders and submitters were captured coordinating trades in advance of a daily phone call, manipulating the spot market for silver, conspiring to fix the spread on silver offered to customers and using illegal strategies to rig prices.
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The next Federal Reserve policy meeting is not until December 14. Nonetheless, the US 3-Month Treasury Bill market is already pricing in a hike to the key interbank lending rate. Why is this important for precious metals investors? Because it was the first Fed Rate hike in nearly a decade last D...
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Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal. The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting an...
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Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan...
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Allison suggested that the government's practice of insuring bank deposits up to $250,000 should be abolished and the US should go back to a banking system backed by "a market standard such as gold
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As reported yesterday, India's unexpected crackdown on "black money" which saw the elimination of the old high denomination bills, is not going well, not only because former PM Manmohan Singh slammed the idea warning it would cut as much as 2% from the GDP of the world's fastest growing economy,...
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There will likely be a "Sharia Gold Standard" in place by the end of the year. This will clarify and streamline gold-investing rules for Islamic finance. As a result, gold could soon become a viable investment option for the Muslim world's 100 million active investors.
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Fed Chief Admits Incoming Administration Causes Uncertainty Federal Reserve Chair Janet Yellen told the Congressional Joint Economic Committee yesterday that stable unemployment, average job gains and an inflation rate nearing 2% could mean an imminent interest rate hike, despite uncertainty sur...
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Silver and gold should be far more successful than investments in unpayable debt, paper currencies, and levitated stock and bond markets.
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Trade body Indian Bullion & Jewellers Association (IBJA) has created a flutter among some of its 2500 members by informing them through a text message that the government might ban imports of gold into the country until the end of the current fiscal year (FY17) and advance the last date of de...
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India's government increased the limit on cash withdrawals from bank accounts on Sunday to calm public anger as millions of people clamored for new rupee bills after a shock abolishment of large denomination notes. Large crowds were again gathered at banks across the country trying to change 5...
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Over 85,000 gold futures contracts (over $10 billion) just traded as gold plunged from $1260 to $1230 as US equity markets opened
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In a rerun of the immediate shock felt when the United Kingdom voted to leave the European Union, gold prices rose nearly 5 percent the day after Donald J. Trump scored his stunning victory in the United States election.
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