Articles related to British Pound
 
Phoenix Capital - Gains Pains & Capital
Zimbabwe Inflates, Again…
In November 2008, Zimbabwe experienced the second highest recorded inflation rate in history, and with that, it entered the Hanke-Krus World Hyperinflation Table. That’s when the annual inflation rate reached a peak of 89.7 sextillion (10^21) percent (see table below). At this point, prices were doubling every 24.7 hours. During Zimbabwe’s hyperinflation episode (2007-2008), the Reserve Bank of Zim
Sunday, October 15, 2017
Bullion Vault
Gold Price Sinks, Platinum -11 in 4 Weeks as Stocks Up, Vix Down to Record, US Fed 'Pencils In' Rate Hike
GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low. "I have penciled in a third rate hike in December," said Federal Reserve voting member Patrick Harker to CNBC on Thursday, "[although] we have to see how the inflation dynamics play out."
Friday, October 6, 2017
Przemyslaw Radomski CFA - SunshineProfits
Will GBP/USD Decline under 1.3200 in Coming Week?
Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days? EUR/USD Looking at the charts, we see that EUR/USD slipped slightly below the previously-broken 38.2% Fibonacci retracement (seen on the weekly chart) and the 23.6% retracement (based on the entire April-September upward move), which suggests that further deterioration is just around the
Thursday, October 5, 2017
Michael J. Kosares - USA Gold
Gold is up this year not just in dollars but in every major currency
Why it’s important to the typical gold investor by Michael J. Kosares Author: The ABCs of Gold Investing Founder: USAGOLD “Even those of us who have been tracking gold’s progress for decades frequently give in to the ease of quoting gold’s value in terms of fiat currency – most commonly in US dollars. And yet, we have it the wrong way round. Gold is in fact the centre of the economic universe, and all the fiat currencies (including cryptocurrencies) revolve around gold.” – Jeff Thomas, Internat
Wednesday, October 4, 2017
Jan Skoyles - GoldCore
Plan For Run On The Pound
Run On The Pound ? Jeremy Corbyn Says Should Plan For – Right to plan for ‘run on pound’ if Labour wins says Corbyn and Labour party  – British pound already down 20% since Brexit, collapse already in play – Run on the pound likely due to Labour’s ‘command economy’ approach – Collapse in Sterling would undermine UK financial system – Portfolios holding sterling and related assets would be significantly affected – Pension funds and property the most likely to get hit by run on the pound – Gold to
Wednesday, October 4, 2017
Przemyslaw Radomski CFA - SunshineProfits
Will GBP/USD Decline under 1.3200 in Coming Week?
Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days? EUR/USD Looking at the charts, we see that EUR/USD slipped slightly below the previously-broken 38.2% Fibonacci retracement (seen on the weekly chart) and the 23.6% retracement (based on the entire April-September upward move), which suggests that further deterioration is just around the
Tuesday, October 3, 2017
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Saturday, September 30, 2017
Bullion Vault
Wholesale Gold Bars Recover Half Week's Drop as China's Bank Funding Queried, UK Deficit Widens
GOLD BARS traded in London's wholesale market rose back to $1287 per ounce on Friday, halving the week's previous $20 loss as global stock markets rose within 0.5% of last week's new all-time high on the MSCI World Index. Major government bond prices rallied, easing longer-term interest rates lower from this week's jump, as commodities held flat overall. Silver traded 10 cents above its 6-week l
Friday, September 29, 2017
Bullion Vault
Gold Price Down Again Amid US Rate-Rise Bets, Strong China Trading, Pall-Plat Parity
GOLD PRICES fell beneath yesterday's 1-month lows in London trade Thursday, dipping to $1278 per ounce as most commodities edged higher with world stock markets. With gold prices now falling almost 6% from early September's 12-month Dollar high, silver today fell to $16.70 per ounce – down more than 8% from 3 weeks ago. Platinum meantime dropped to 9-week lows beneath $920, trading
Thursday, September 28, 2017
Bullion Vault
Gold Bullion Fails to Recover $1300 Even as Dollar Retreats Post-Fed, Kim + Trump Trade Insults
GOLD BULLION rallied almost $10 per ounce on Friday from yesterday's 4-week lows against the Dollar, but failed to recover what analysts called the "key pivot" of $1300 despite claims of safe-haven buying after Pyongyang threatened to test a nuclear bomb over the Pacific Ocean. The Yen rose faster versus the Dollar, erasing last week's 0.7% gain in gold for Japanese investors, as Kim Jong-un – leader of the regime in neighboring Nor
Friday, September 22, 2017
Bullion Vault
Gold Price -$30 as UN Korea Sanctions See Stocks Hit Fresh Records, UK Inflation Jumps, Opec Oil Output Falls
GOLD PRICES erased last week's 1.7% gain versus the Dollar on Tuesday in London as the US stock market opened at a new all-time record high following a UN agreement on new sanctions against North Korea over its nuclear weapons tests. Dollar gold prices traded $30 per ounce below Friday's 12-month high of $1356 and major government bond prices also fell, pushing 10-year US yields up towards 3-week highs at 2.17%.
Tuesday, September 12, 2017
Nathan Lewis - New World Economics
Alan Reynolds Argues For the Gold Standard, 1982
Here are Allan Meltzer and Alan Reynolds, arguing for Monetarism and the gold standard, in 1982. I think it is an interesting exchange. You could say that things haven’t changed much since then. But, I don’t think that is true. Nobody really takes the Monetarism of that era seriously anymore. The Monetarists themselves had to give up all the fantasies of those days, and are now on what I call third-generation Monetarism, which is Nominal GDP Targeting. There is a lot of talk about “rules-based”
Monday, September 11, 2017
Mish - Global Economic Analysis
  Rude Awakening for the US in January? No, Just More Alarmist BS From Rickards
Best-selling author James Rickards writes Dear President Trump: America is in for a Rude Awakening in January. Really? Let’s investigate. Dear President Trump, Over the last couple of years I’ve been all over TV… from Fox News to CNBC, CNN and Bloomberg. I’ve been telling our fellow Americans that the financial global elite was planning to issue their own globalist currency called special drawing rights, or SDRs. And that those elites would use this new currency to replace the U.S. dollar as th
Monday, September 11, 2017
Adrian Ash - Bullion Vault
Korea Nuclear Crisis? Investors Sell, Not Buy Gold
Private investors sell, don't buy gold, as price jumps on Trump-Kim tensions... CONTRARY to some headlines, Trump's North Korean missile stand-off has yet to spur any surge in private-investor demand to buy physical gold, writes Adrian Ash at BullionVault.  Quite the reverse, in fact. Gold Eagle coin sales by the US Mint almost halved in August from July, as did sales of
Tuesday, September 5, 2017
Bullion Vault
N.Korea Nuclear Test Sees Gold Price Hit 11-Month High vs. Weak Dollar, GLD + Comex Bets Jump
GOLD PRICES rose near 1-year highs against the Dollar and British Pound on Monday morning in London after jumping at the start of Asian trade amid reports that North Korea will follow its series of nuclear weapon tests with an intercontinental ballistic missile (ICBM) launch, writes Steffen Grosshauser at BullionVault. While world stock markets fell 0.5%, the spot gold price jumped by 1% to $1338 per ounce – the highest
Monday, September 4, 2017
Gold university - Antal E. Fekete
The Gold Demonetization Hoax

Wednesday, August 23, 2017
Przemyslaw Radomski CFA - SunshineProfits
GBP/USD Extends Losses
Earlier today, the British pound extended losses against the greenback, which pushed GBP/USD to a fresh multi-month low. How low could the exchange rate go in the coming days? EUR/USD Looking at the charts, we see that although EUR/USD moved a bit lower, the exchange rate is still trading around 38.2% Fibonacci retracement and the 112.8% Fibonacci extension. Nevertheless, the pair closed the previous week above the retracement and invalidated the earlier tiny breakdown under this support.
Tuesday, August 22, 2017
Mark O'Byrne - gold.ie
Must See Charts – Gold Hedges USD Devaluation, Rise in Oil, Food and Cost of Living Since Nixon Ended Gold Standard
– Gold hedges massive ongoing devaluation of U.S. Dollar – 46th anniversary of ‘Tricky Dicky’ ending Gold Standard (see video) – Savings destroyed by currency creation and now negative interest rates – Long-term inflation figures show gold a hedge against rising cost of fuel, food and cost of living – $20 food and beverages basket of 1971 cost $120.17 in 2017 – Household items increased by average of 2000% and oil by 5,373% since 1913 – Gold gained 5,669% since 1913; by nearly 3,000% since 1971
Thursday, August 17, 2017
Przemyslaw Radomski CFA - SunshineProfits
GBP/USD after UK Jobs Report
Earlier today, the latest UK jobs report showed that the unemployment rate dropped to the lowest since 1975, which pushed the British pound higher against the greenback. Despite this improvement, currency bulls didn’t manage to hold gained levels, which resulted in a pullback. How low could GBP/USD go in the coming days? EUR/USD Looking at the charts, we see that EUR/USD moved sharply lower and slipped below the previously-broken 38.2% Fibonacci retracement and the 112.8% Fibonacci extensi
Wednesday, August 16, 2017
Nathan Lewis - New World Economics
Much Ado About Nothing
We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is Today, I promised that we would take a look at some of these “supply and demand for gold” factors that Sumner talks about. Supply is pretty stable during this time, either in terms of mining or aboveground gold, so it is really about demand. I’ve talked about t
Saturday, August 5, 2017
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