Articles related to LBMA
 
Jan Skoyles - GoldCore
Is New Fed Chief A “Swamp Critter Extraordinaire”?
– Is the New Fed Chief Jeremy Powell a “Swamp Critter Extraordinaire”? – Trump surrounding himself with elites disconnected from everyday society – Realities of America’s difficulties not recognised by US power makers – Powell will likely continue to protect Wall Street over Main Street – Savers should diversify to protect themselves from Fed’s ponzi policies Editor: Mark O’Byrne Just like many of his other campaign promises, Trump isn’t doing a great job of draining the swamp. His nominee for
Saturday, November 18, 2017
John Butler - Goldmoney
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for un
Friday, November 17, 2017
Jan Skoyles - GoldCore
Protect Your Savings With Gold: ECB Propose End To Deposit Protection
It is the ‘opinion of the European Central Bank’ that the deposit protection scheme is no longer necessary: ‘covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility.’ To translate the legalese jargon of the ECB bureaucrats this could mean that the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in may soon be no mor
Wednesday, November 15, 2017
Jan Skoyles - GoldCore
Internet Shutdowns Show Physical Gold Is Ultimate Protection
– Internet shutdowns (116 in two years) show physical gold is ultimate protection – Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns – Democratic India experienced 54 internet shutdowns in last two years; Brazil 2 – EU country Estonia, a technologically advanced nation, experienced a shutdown – Gallup poll shows Americans more worried about cybercrime than violent crime – Governments use terrorist threat as reason for internet kill switch powers – Own physical coin
Tuesday, November 14, 2017
Mark O'Byrne - gold.ie
Gold Coins and Bars Saw Demand Rise 17 to 222T in Q3
– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China – Chinese investors bought price dips, notching up fourth consecutive quarter of growth – Jewellery, ETF demand fell while gold coins and bars saw increased demand  – Central banks bought a robust 111t of gold bullion bars (+25% y-o-y) – Russia, Turkey & Kazakhstan account for 90% of 111t of central bank demand – Turkey increased gold purchases and saw broad based physical gold demand – Gold demand in Q3 at eight-ye
Friday, November 10, 2017
Jan Skoyles - GoldCore
Prepare For Interest Rate Rises And Global Debt Bubble Collapse
– Diversify, rebalance investments and prepare for interest rate rises – UK launches inquiry into household finances as £200bn debt pile looms – Centuries of data forewarn of rapid reversal from ultra low interest rates – 700-year average real interest rate in last 700 years is 4.78% (must see chart) – Massive global debt bubble – over $217 trillion (see table) – Global debt levels are building up to a gigantic tidal wave – Move to safe haven higher ground from coming tidal wave Editor: Mark O’B
Thursday, November 9, 2017
Mark O'Byrne - gold.ie
Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’
Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week. Platinum Bullion in USD (15 years) Frisby writing in Money Week laments the total absence of value in today’s markets. He then identifies an asset that is both cheap (on a relative basis) and is valuable and the article is well worth a read: The value investor’s lament – where have all the cheap assets
Wednesday, November 8, 2017
Jan Skoyles - GoldCore
German Investors Now World’s Largest Gold Buyers
– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year – €6.8 Bln spent on German gold investment products in 2016, more per person than India and China – Germans turned to gold during financial crises and ongoing euro debasement – Evidence of latent retail demand on increased economic concerns – “Gold fulfils an important long-term, wealth preservation role in German investors’ portfolios” Editor: Mark O’Byrne India and China often grab the headlines as the world’s largest
Monday, November 6, 2017
Ronan Manly - Bullion Star
LME gold and silver Reference Prices: Will anyone notice?
On 29 August, the London Metal Exchange (LME) began publication of a set of daily reference prices for gold and silver. These reference prices aim to capture and reflect paper gold and silver market prices as at 10:30 am, 12:00 midday, and 3:00 pm London time. Anyone familiar with the former London gold and silver fix auctions, or the successor LBMA Gold Price and LBMA Silver Price auctions, will know that the LBMA gold auction is conducted twice daily at 10:30 am and 3.00 pm London time, while
Saturday, November 4, 2017
Jan Skoyles - GoldCore
Gold Price Reacts as Central Banks Start Major Change
– Bank of England raised interest rates for the first time in ten years – President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve – Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news – Inflation now at five-year high of 3% – Inflation, low-interest rate, debt crises and bail-ins still threaten savers and pensioners This week has been a significant week for central banks. The Bank of England raised interest rate
Friday, November 3, 2017
Jan Skoyles - GoldCore
Why Switzerland Could Save the World and Protect Your Gold
– Precious metals advisor Claudio Grass believes Switzerland can serve as an example to rest of world – Switzerland popular for gold storage due to understanding of the risks inherent in fiat money and gold’s value as a store of wealth. – International investors opt to store gold in Swiss allocated accounts due to tradition of respecting private property. – Country respects the importance of gold ownerships and 70% of world’s gold is refined there Across Europe many voters and politicians are e
Friday, November 3, 2017
Jan Skoyles - GoldCore
Invest In Gold To Defend Against Bail-ins
– Italy’s Veneto banking meltdown destroyed 200,000 savers and 40,000 businesses – EU bail-in rules have wiped out billions for savers and and businesses, with more at risk  – Bail-ins are not unique to Italy, all Western savers are at risk of seeing savings disappear –  Counterparty-free, physical gold bullion is best defence against bail-ins One of Italy’s twenty regions is calling for more autonomy from the state following a nonbonding referendum. Why? Because a government supported ‘rescue
Wednesday, November 1, 2017
Stewart Thomson - Graceland Update
Gold Stock ETFs: New Kid On Block
I’ve suggested that investors may need to look beyond the Head & Shoulders Top formations that recently appeared on bullion and many precious metal stocks. This is the daily gold chart. Intermediate uptrends often consist of three legs. In 2017, gold has had two legs up. The next US jobs report is scheduled for release on Friday. Will it be the catalyst that launches a third leg higher for gold? I’m not sure, but I am sure of what’s important for gold, which is that it is generally very well
Wednesday, November 1, 2017
Jan Skoyles - GoldCore
  Stumbling UK Economy Shows Importance of Gold
– UK economy outlook bleak amid Brexit, debt woes and rising inflation – Confidence in UK housing market at five-year low – UK high street sales crash at fastest rate since 2009 – Number registering as insolvent in England and Wales hit a five-year high in Q3 – UK public finance hole of almost £20bn in the public finances set to grow to £36bn by 2021-22 – Protect your savings with gold in the face of increased financial woes in UK This week markets will be watching the UK with baited breath as
Wednesday, November 1, 2017
Jan Skoyles - GoldCore
Russia Buys 34 Tonnes Of Gold In September
– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD – 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest – Russia’s gold reserves are at highest point in Putin’s 17-year reign – Russia’s central bank will buy gold for its reserves on the Moscow Exchange – Russia recognises gold’s role as independent currency and safe haven Editor: Mark O’Byrne Prior to World War I Russia held the world’s third largest gold reserves, behind America and Franc
Friday, October 27, 2017
Jan Skoyles - GoldCore
Gold Will Be Safe Haven Again In Looming EU Crisis
– Gold will be safe haven again in looming EU crisis – EU crisis is no longer  just about debt but about political discontent – EU officials refuse to acknowledge changing face of politics across the union – Catalonia shows measures governments will use to maintain control – EU currently holds control over banks accounts and ability to use cash – Protect your savings with gold in the face of increased financial threat from EU Editor: Mark O’Byrne When we talk about the Eurozone crisis we are us
Thursday, October 26, 2017
Jan Skoyles - GoldCore
Gold Is Valuable Due to “Extreme Rarity” – Must See CNN Video
– Gold’s value is due to exceptional rarity: Only 0.00000002% of earth’s crust is gold – Gold’s allure and psychology behind it are steeped in history and human psychology – Gold’s colour and texture appeals to basic human survival instincts – Gold’s sheen resembles water and “humans need water in order to survive”  – Gold remains a sign of wealth but today is also a sign of prudence Editor Mark O’Byrne http://i.cdn.turner.com/cnn/.e/interactive/html5-video-media/2017/10/11/Colorscope_gold_loo
Wednesday, October 25, 2017
Adrian Ash - Bullion Vault
Diversification Adds Nothing
The dumbest investing idea you'll read before the next stockmarket crash... SO LAST WEEK's LBMA conference in Barcelona coincided not only with the city's split over independence for Catalonia, writes Adrian Ash at BullionVault. It also saw the 30th anniversary of the 1987 stock market crash, the sharpest ever plunge in major world equities. 
Wednesday, October 25, 2017
Jan Skoyles - GoldCore
Gold Is Better Store of Value Than Bitcoin – Goldman Sachs
– Gold is better store of value than bitcoin – Goldman Sachs report – Gold will continue to perform well thanks to uncertainty and wealth demand – Bitcoin’s volatility continues to impact its role as money – Gold up 12% in 2017, bitcoin over 600% – BTC is six times more volatile than gold – see chart – Gold’s history and physical property shows it meets requirements as a medium of exchange and store of value Since the birth of bitcoin there has been one question that has repeatedly grabbed head
Tuesday, October 24, 2017
Jan Skoyles - GoldCore
Next Wall Street Crash Looms? Lessons On Anniversary Of 1987 Crash
– Next Wall Street Crash looms? Lessons on anniversary of crash – 30 years since stock market  ‘Black Monday’ crash of 1987 – Dow Jones Industrial Average fell 22.6% on October 19, 1987 – S&P 500, FTSE and DAX fell 20%, 11% & 9% respectively – Gold rose 24.5% in 1987 (see chart), acting as safe haven  – Prior to crash, stocks hit successive record highs despite imbalances – Imbalances that lead to 1987 crash are much worse today Editor: Mark O’Byrne Gold prices in USD in 1987 (LBMA AM) Last week
Tuesday, October 24, 2017
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