Articles related to British Pound
 
Nathan Lewis - New World Economics
Applied Mainline Economics (2017), by Matthew Mitchell and Peter Boettke
Matthew Mitchell and Peter Boettke are academic economists at the Mercatus Center, a think tank associated with George Mason University. I like Mercatus and its work a lot, as it explicitly builds upon and follows the work of people like F.A. Hayek, Adam Smith, and James Buchanan. I don’t follow the academics too closely, but they often have some good insights, so I was looking forward to a book that might summarize some of those insights and let me know where to look for more detail. The idea b
Saturday, December 9, 2017
Bullion Vault
Silver Bullion 'Set to Beat Gold' in 2018 as Both Hit 5-Month Lows, Bitcoin Whips 20 from New Top
GOLD and SILVER prices steadied above 5-month lows versus the US Dollar in London trade Friday, rallying into the weekend as global stock markets rose. The EuroStoxx 50 index of Europe's largest corporations added 1.8% for the week. Commodities edged higher but major government bond prices slipped further from Thursday's drop, when gold fell to its lowest since early July at $1244 p
Friday, December 8, 2017
Bullion Vault
Gold Prices Drop Thru' 2017 Uptrend, Bitcoin +1456 as 'Unseen' China Risks Build
GOLD PRICES cut this year's gain below 9% for US Dollar investors in London trade Thursday morning, dropping to new 4-month lows beneath $1255 per ounce as crypto-currency Bitcoin surged past $15,000 for a 2017 gain of 1,456%. Commodities today slipped overall after Wall Street stock markets closed lower overnight for the fourth session running from last week's new record highs. Copper steadied
Thursday, December 7, 2017
Mark O'Byrne - gold.ie
UK Pensions Risk – Time to Rebalance and Allocate to Cash and Gold
– Value of Sterling and increased risks place pressure on pensioners both in UK and abroad – 500,000 British expats face ‘frozen’ pensions – 61% of UK Direct Benefit pension schemes have more money going out than coming in – OECD report finds ‘UK workers face the biggest retirement cliff edge in developed world’ – Combined pension deficit of FTSE 350 companies is at 70% of their profits – One in three wealth managers are holding cash for clients in anticipation of a market crash Source: Professi
Wednesday, December 6, 2017
Bullion Vault
Gold Prices Down, Bitcoin 'Bubble' Up with Stocks + Dollar on Trump's Tax Plan
GOLD PRICES dipped Monday morning as the US Dollar gained following the Senate's approval of Donald Trump's tax cuts and Western stock markets rose, writes Steffen Grosshauser at BullionVault. The US Dollar briefly touched a 2-week high after the Senate narrowly approved the Republican Party's tax overhaul on Saturday, including plans to slash the corporate tax rate from 35% to 20%.
Monday, December 4, 2017
Mark O'Byrne - gold.ie
An Interview with GoldCore Founder, Mark O’Byrne
“Uber-bull predictions of gold at over $5,000 per ounce are not beyond the realms of possibility…” So says GoldCore founder and self-confessed gold bug, Mark O’Byrne. Indeed, I recently caught up with Mark to get his thoughts on gold and what’s going on with it right now… But before we got to the nitty-gritty, I started by asking him a little about his background: GLENN: How long have you been in the gold business, Mark? MARK: Well, I founded GoldCore more than 14 years ago and it’s been my pass
Saturday, December 2, 2017
Bullion Vault
Gold Bullion Nears 4-Week Friday Low as 'No Way Currency' Bitcoin Rallies, Turkey-US Tensions Worsen
GOLD BULLION prices gave back a rally against the US Dollar on Friday to head for their lowest weekly close in four as European stock markets retreated, relations between Turkey and Nato ally the US worsened again, and Bitcoin rallied 6% below this week's new all-time record high. Falling back to $1273 per ounce at lunchtime in London, wholesale gold bullion bars began December 10% higher for 2017 to date against the Dollar, but was lower from N
Friday, December 1, 2017
Nathan Lewis - New World Economics
Why Base Your Money On Gold? A Simple Answer For First-Timers
The United States embraced the principle of a gold standard – a dollar whose value was linked to a defined quantity of gold – from 1789 to 1971, a stretch of 182 years. During this time, the U.S. was the most successful of any major country, expanding from thirteen war-ravaged states along the Atlantic
Saturday, November 18, 2017
Bullion Vault
Gold Prices Bounce from Comex Sell-Off as Fed Looks to 3x Rate Hikes in 2018
GOLD PRICES traded in a narrow $5 range above last week's close on Monday morning in London as expectations held firm for a US Fed rate hike next month and the British Pound dropped amid fresh doubts over Prime Minister Theresa May's leadership, writes Steffen Grosshauser at BullionVault. Gold prices climbed to $1279 per ounce after posting its biggest daily decline in three weeks in Friday's session, falling below the 100-day moving average as
Monday, November 13, 2017
Bullion Vault
Gold Prices Rally Near 3-Month Lows Amid Saudi Purge and Yemen Attack
GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East. Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of Brent crude after the weekend's "purge" and detention by new crown prince Mohammed Bin Salman of numerous Saudi princes
Monday, November 6, 2017
Philip Judge - Anglo Far East
A Century Unique In All History 
This last century is unique in all of history, as it tells the story of the first time in all of history, that gold has been completely and officially abandoned as the backing for money. We have said before that maintaining control of the financial systems is the largest single challenge facing the leaders of the world today. This is evidenced in the last two years by the record number of summits and emergency meetings of organizations such as IMF, World Bank, World trade Organization, and the G7. The Plunge Protection Team and Exchange Stabilization Fund have been working overtime, while we have witnessed the setting up and convening of special sub committees of central banks and governmental policy makers, all dedicated to ensuring stability of financial and capitol markets, at all costs.
Saturday, October 21, 2017
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
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