Silver as an investment

Category Archives: Pound Sterling

Cable Concerns Mount As Brexit Negotiations Begin Again

European diplomats began hashing out what they want from the next stage of Brexit talks this week, seeking a united stance they can present to the U.K. The envoys will start to discuss the ideal length of the transition phase, its scope, and whether the bloc would impose the EU's "four freedoms," including free movement of people. […]

Gold Price Reacts as Central Banks Start Major Change

Gold Price Reacts as Central Banks Start Major Change – Bank of England raised interest rates for the first time in ten years– President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve– Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news– […]

U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There

U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There US Treasury Secretary Steve Mnuchin visits Fort Knox Gold Later tweeted ‘Glad gold is safe!’ Only the third Treasury Secretary to visit the fortified vault, last visit was 1948 Last Congressional visit was 1974 Speculation over existence of gold in Fort Knox is rife […]

Gold Seasonal Sweet Spot – August and September – Coming

Gold Seasonal Sweet Spot – August and September – Coming  – Gold seasonal sweet spot – August and September – is coming– Gold’s performance by month from 1979 to 2016 – must see table– August sees average return of 1.4% and September of 2.5%– September is best month to own gold, followed by January, November & […]

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing  – Gold hedge against currency devaluation – cost of fuel, food, housing– True inflation figures reflect impact on household spending– Household items climbed by average 964%– Pint of beer sees biggest increase in basket of goods – rise of 2464%– Bread rises 836%, […]

“Time To Position In Gold Is Right Now” – Rickards

“Time To Position In Gold Is Right Now” – Rickards   – “Time to position in gold is right now” – James Rickards– Fed has hit the ‘pause’ button; No more rate hikes for foreseeable future– Fed’s theories “bear no relation to reality” and has “blundered by raising rates”– Growth is weak, inflation is weak, retail sales […]

Is there gold “hype” and is gold an emotional trade?

Is there gold “hype” and is gold an emotional trade? – Very little hype in gold  – Sentiment is important in the gold market as is other markets particularly stocks – Article ignores the large body of research showing gold is safe haven asset – Gold may struggle to breach $1,300 in short term – […]

Gold and Silver Market Morning: June 6 2017 – Gold poised to attack $1,300!

news.goldseek.com / Julian D.W. Phillips / 6 June 2017 Gold Today –New York closed at $1,279.60 yesterday after closing at$1,278.20 Friday. London opened at $1,289.50 today.  Overall the dollar was weaker against global currencies, early today. Before London’s opening: –         The $: € was slightly stronger at $1.1246 after yesterday’s $1.1264: €1. –         The Dollar index was slightly weaker at 96.73 after yesterday’s96.77. –         The Yen was stronger […]

UK Soccer Players Abandon Pound, Demand Payment In Euros

Leading English Premier League football (soccer) stars are demanding to be paid in euros because of the weak value of the Pound, according to Manchester United, the wealthiest club in world football. As The FT reports, speaking at the KPMG Football Benchmark event in London on Wednesday. Cliff Baty, the English Premier League side’s chief […]

Why trusting in the bigger picture gives you trust in gold

Trump pulls out of Paris Climate Accord Why trusting in the bigger picture gives you trust in gold Gold pauses ahead of non-farm payrolls data In Gold We Trust 2017 released Reports on the ‘Everything Bubble’ On average gold is up 5.88% ytd, since start of 2017. Trump ‘was the trigger of the sudden reverse […]