Tag - Gold

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Saturday, December 1 2018

This Holiday Season, Make It Silver and Gold

I believe this is a beautiful custom. Whether you observe Hanukkah, Christmas, Eid al-Fitr, Diwali or any number of other religious holidays around the world, gifting your children and grandchildren coins of precious metals such as gold or silver could be made into a tradition in your own family.

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Tuesday, November 27 2018

Grant Williams - Cry Wolf

Gold standard

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Saturday, November 24 2018

What is the future of gold?

Simon Popple and Ross Norman. We'll be discussing what the future might hold for gold markets,

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Wednesday, November 21 2018

London Gold Market Comes Clean: It's Not as Big as Thought

London’s gold market owned up to the biggest secret in bullion: it’s not as big as some thought and, for last week at least, smaller than New York’s.

An average of $36.9 billion of gold and $5.2 billion of silver changed hands each day in the city’s over-the-counter market, including metal for delivery in Zurich, according to figures released for the first time on Tuesday by the London Bullion Market Association. Previous World Gold Council estimates, based on 2016 data, were between three and six times higher.

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Thursday, November 15 2018

Gold Re-Monetization Is Much Closer Than Many Realize

Under Basel III, monetary gold now qualifies as a Tier 1 asset, and is 100% valued for the purposes of banking viability.

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Tuesday, November 13 2018

GoldCore targets Brexit fears with Dublin gold vault

GoldCore, the Dublin-based precious metals broker, has opened Ireland’s first institutional-grade gold storage vault amid hopes of a mini gold rush of investors moving bars to Dublin from London as they prepare for Brexit.

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Investors Set To Move and Store Gold In Dublin Due To Brexit Risks

Investors in Ireland, the UK and internationally can for the first-time own gold in a secure and liquid way in accredited, professionally managed, fully insured, institutional grade vaults

Secure gold investment in Ireland for first time as global risks intensify and Dublin will compete with London as a favoured gold storage location for the first time

Brexit will likely impact the 300bn London gold market as investors move gold to other jurisdictions including Dublin

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Wednesday, November 7 2018

Sharps Pixley Launches MetalsDaily.com

Welcome to MetalsDaily.com - essentially we have simply migrated to a new domain name which is, we hope, a little easier to remember ; in the next few months we have some new features we shall be adding to the site to improve the information we provide.

Our aim is to provide the largest and fastest source of precious metals news and analysis, with real time market prices and analytics ; as such we provide aggregated news from the leading newswires, research from the leading bullion analysts, real-time market prices, interactive charting tools plus in-house market commentary.

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Thursday, November 1 2018

Gold Demand Trends Q3 2018

Gold demand was 964.3t in Q3, just 6.2t higher y-o-y. Robust central bank buying and a 13% rise in consumer demand offset large ETF outflows.

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Tuesday, October 23 2018

Forget bars & coins: Digital gold will revolutionize marketplace – claims precious metals trader

“The gold market is ready for a whole new investor. We just have to bring the physical market into a digital world,”

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Sunday, October 21 2018

Blockchain Could Track the Globe’s Gold Bullion by 2019

The tracking of gold bullion from its origin through its ownership and use cycle could prevent theft. It could also prevent illegal sales, smuggling, and use funding conflict and terrorism. Blockchain technology presents a way to remove illegal or unethical gold from the markets.

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Wednesday, October 17 2018

Fractional reserve bullion banking and gold bank runs

Below is a series of post explaining how bullion banking operates, which is necessary for a true understanding of how susceptible it is to a gold bank run, as well as understanding how a price suppression (as opposed to manipulation) would work, in respect of what backs paper gold and how much physical is needed to support the system.

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Wednesday, October 10 2018

5 Charts That Show Why Gold Belongs in Your Portfolio Now

The annual “In Gold We Trust” report by Liechtenstein-based investment firm Incrementum is a must-read account of the gold market, and its just-released chartbook for the 2018 edition is no exception.

The strengthening U.S. dollar has lately dented the price of gold, and rising interest rates are making some yield-bearing financial assets more attractive as a safe haven. But as Incrementum shows, there are many risks right now that favor owning gold in your portfolio.

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Friday, October 5 2018

In Gold We Trust Chartbook

Charts from the 2018 presentation

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Advocacy Group Raises Questions About Cambodia's Gold Imports

Cambodia imported about $15 billion worth of gold during five years from Singapore, according to government statistics compiled by nongovernmental organization Mother Nature Cambodia — a figure so large, corruption monitor groups say it raises alarms about potential financial crimes, particularly smuggling.

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Tuesday, October 2 2018

LBMA Clearing and Vaulting data reveal the absurdity of the London 'Gold' Market

On a monthly basis, the London Gold Market looks to be trading about 130,000 tonnes of gold (assuming 22 trading days per month). On an annualised basis, the 189 million ounces (5880 tonnes) of gold traded each day in London (based on the August clearing figures and a 10 to 1 trading multiple) and assuming 250 trading days in a year, would imply that 47.25 billion ounces of gold are traded each year in the London OTC gold market, or 1.47 million tonnes of gold.

But importantly, the London Gold Market, along with COMEX are the two most influential trading venues for gold price discovery and for establishing the international gold price, even though the trading in both venues is far removed from trading physical gold.

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Thursday, September 6 2018

Asia’s super rich advised to add more gold to their portfolios to protect assets amid storms pounding equity markets

Advisers to Asia’s super rich think their clients should put more of their money into gold, taking advantage of price declines to buy the yellow metal amid volatile global markets and US-China trade tensions, a new report said.

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Wednesday, September 5 2018

Japan braces for gold smuggling rush in shadows of tax hike

As Japan prepares to raise the consumption tax for the first time in half a decade next year, the Ministry of Finance worries that gold smuggling will also get a boost.

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Monday, September 3 2018

As Emerging Market Currencies Collapse, Gold is being Mobilized

Physical gold takes centre-stage in times of crisis precisely because it has tangible value, is not issued by any central bank, monetary authority or government, cannot be debased and has no counterparty or default risk. The fact that sophisticated physical gold markets exist in most if not all of the economies currently stricken by currency weakness also allows gold, with its deep liquidity, to be quickly harnessed.

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Sunday, September 2 2018

Gold could yet make a comeback as a reserve currency

So, how can Iran, Russia, and Turkey escape the sanctions stick? They could make their currencies as good as gold. This would provide an attractive escape.

Gold is already an international currency that holds its purchasing power over time. It is also a currency that is not issued by a sovereign. So, it has no political baggage to carry.

In addition, gold is already widely revered and used in Iran, Russia, and Turkey.

In 1997, Bob Mundell predicted that “Gold will be part of the structure of the international monetary system in the 21st century.” As has often been the case, Mundell’s prediction might just be prescient.

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