Gold Investment In Germany & The U.K. Surged

While gold demand in the West continues to languish, something has recently motivated renewed interest in the yellow precious metal in Germany and the United Kingdom. Now, when I say “renewed interest”, I am referring to a surge in gold investment by Germans and British that we haven’t seen for quite some time. This big increase in gold investment in Germany and the U.K. over the past year and a half is not from the diehard physical bar and coin investors, rather it is from a source that is even more interesting… it’s coming from investors in the retail Gold […]

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Stock Market May Have Peaked in Terms of Gold; Gerald Celente: Interest Rates Go Up, This Goes Down”

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up the one and only Gerald Celente of the Trends Journal and one of the top trends forecaster in the world joins me for an explosive interview on the dollar, the growing tensions with North Korea and a wildcard that he sees driving a big run in gold. You will not want to miss an incredible interview with Gerald Celente, coming up after this week’s market update. Well, the invincible U.S. stock market finally came under some selling pressure this week as tensions between the United States and North […]

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Major Gold Market Indicator Shift

One of the major gold market indicators experienced a major shift in 2017. If we look at this gold indicator over the past several years, this recent trend reversal suggests something has fundamentally changed in the gold market… and in a BIG WAY. According to the World Gold Council, global gold scrap supply declined significantly during the first half of 2017 even though the price of gold increased. Global gold scrap supply plunged to 563 metric tons (mt) in the first half of 2017 compared to 702 mt during the same period last year: Now, what is interesting about this […]

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Selling from Gold ETFs Keeping a Lid on Prices; Insider’s Take on the Political Situation

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear our recent interview with Paul-Martin Foss of The Carl Menger Center for the Study of Money and Banking and former legislative assistant for Congressman Ron Paul. Paul-Martin shares his firsthand account of what those on Capitol Hill truly think of our monetary system, and how most in Congress simply don’t have a clue about the Federal Reserve banking cartel, let alone the importance of sound money. You simply won’t want to miss my interview with Paul-Martin Foss, coming up after this week’s market update. Gold and […]

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Why We’re Headed Toward Gold $700 by 2018

Investors are fleeing to gold in a desperate attempt to weather the recent market volatility… but is this long time “safe-haven” actually poised to collapse wiping out trillions of dollars of wealth in the process? While many economists will argue that gold is not in a bubble… and insist it will soar to $ 2,000, $ 5,000 and even $ 10,000, my research has said otherwise. I’ve never been more certain of anything in over 30 years of economic forecasting. Market volatility, worries over the Europe Central Bank, negative interest rates, and China are among a laundry list of events […]

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Predicting for Future of Gold

In an Unpredictable Market, the Future of Gold Remains Clear Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around his policies, rising inflation from infrastructure spending, and higher expected growth rates. But instead, gold has headed back down more sharply. It had its initial rise in the futures market when Trump looked like he was going to win. But since then, it’s reversed course – the opposite of the stock markets. While I’ve been saying for a long time […]

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Historic Upside Gold and Silver Run

The Bigger the Base, the Greater the Upside Case. This saying among technical analysts/chartists helps define where we are today in the precious metals – and where we’ll soon be headed. It means that when prices “base” in a relatively narrow sideways range for an extended period, they will at some point break out. Before the action gets underway, bears and bulls alike will get “sandpapered” as they take positions, trying to guess whether or not the price is getting ready to decline further or move upward into a new bull phase. If you consider that time spent in sideways […]

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Australia Exports Record Amount Of Gold To China

Are the Chinese getting close to announcing a new gold-backed currency? Well, if the record amount of Australian gold exports into China is an indicator, it may be close at hand. While the Chinese have been importing a lot of gold from Australia, it reached a new record high in 2017. According to the recently released data by the Australian Government June 2017 Resources and Energy Quarterly, Australia exported more gold to Hong Kong and China during the first quarter of 2017 than any other quarter in history. Australian gold exports to Hong Kong and China were 54% higher Q1 […]

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Estimated Chinese Gold Reserves Surpass 20,000t

BullionStar My best estimate as of June 2017 with respect to total above ground gold reserves within the Chinese domestic market is 20,193 tonnes. The majority of these reserves are held by the citizenry, an estimated 16,193 tonnes; the residual 4,000 tonnes, which is a speculative yet conservative estimate, is held by the Chinese central bank the People’s Bank of China. I’m aware I’ve been absent from writing about the Chinese gold market for a long time, so for some of you it can be burdensome to pick up where we left a few months ago. It is not feasible for […]

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Did The Dutch Central Bank Lie About Its Gold Bar List?

BullionStar Head of the Financial Markets Division of the Dutch central bank, Aerdt Houben, stated in an interview for newspaper Het Financieele Dagblad published in October 2016 that releasing a bar list of the Dutch official gold reserves “would cost hundreds of thousands of euros”. In this post we’ll expose this is virtually impossible – the costs to publish the bar list should be close to zero – and speculate about the far reaching implications of this falsehood.  Recap This story started a couple of years ago. As I am Dutch and concerned not only about my own financial wellbeing but of my country […]

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