Tag: Gold
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This May be the Most Important Gold Story of 2019
LONDON, April 12, 2019 /PRNewswire/ — China and Russia are staking enormously on the precious yellow metal. By the end of 2018, Central Banks had bought up 74% more gold than the year before—and they’re still going strong. Russia is hedging against the dollar heavily. China, too. Mentioned in today’s commentary: First Majestic Silver (NYSE: AG), Wheaton Precious…
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Blockchain And Gold Like Peanut Butter And Chocolate?
Even before the emergence of the growing plethora of cryptocurrencies, several attempts had been made in the past to create digital currencies based on gold, but none of them gained widespread support. Will blockchain and Bitcoin succeed where other attempts failed? One of the common criticisms and challenges of bitcoin and other cryptocurrencies is their price volatility…
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Reset for the price of gold
Q: Will Trump support a reset for the price of gold. A: Yes. Q; Why? A: The persons who control the big banks are also the persons that own most of the gold. Putting gold officially back into the monetary system will likely be necessary after the crash and burn in order to restore confidence.…
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Gold And Debt: The 1929 Great Depression vs The Next Great Collapse
The situation Americans face in the future will be nothing like anything they have experienced in the past. While we have seen old footage and heard stories about the Great Depression (starting in 1929), we have no idea how bad things really were during the 1930’s. At that time, approximately 25% of the American population…
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Bottom for the gold market?
Q: Is there an update on the bottom for the gold market? A: Yes. On the bullion, it appears that the low was $1045 about 8 months ago. The shares made their lows mostly a month later. Some shares such as ABX, bottomed a half year earlier. It has been a fragmented market pattern. Q:…
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In Gold we Trust – Report
The 10th “In Gold we Trust” report: Gold is back, a new bull market is emerging The 10th “In Gold we Trust” report will be presented at an international press conference on June 28, 2016. The 170-page publication is considered the “gold standard” of gold analysis and a must-read for all interested (gold) investors. Last year’s…
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Negative interest rates and the price of gold
Q: How will negative interest rates affect the price of gold? A: On a fundamental level and for obvious reasons, negative interest rates are another reason to own precious metal assets: they refute the objection that gold does not earn interest. Q: Why have the BOJ and ECB gone to negative interest rates? A: Officially…
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US Gold Market Infographic
The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical gold is actually exchanged between COMEX trading participants, and gold inventories maintained in COMEX vaults in New York are…
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Take Advantage of Negative Interest Rate Policies to Buy Gold Now
April 12, 2016 /PRNewswire/ — Gold Specialists at precious metals brokerage firm American Bullion, Inc, are urging investors to take advantage of the negative interest rate policies (NIRPs) adopted by central banks in Europe and Japan to buy gold now to diversify portfolios and individual retirement accounts (IRAs). This latest buy recommendation has been issued…