|
| Mark O'Byrne - gold.ie |
A beginner's guide to investing in Gold |
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?Wednesday, March 3, 2021 |
|
| Mark O'Byrne - gold.ie |
Silver Very Undervalued from Historical Perpective of Ancient Greece |
– What wages in ancient Athens can tell us about the silver price today
– Wages paid in silver in ancient Athens compared to wages today
– Silver massively undervalued compared to the past few thousand years
The cost of building the Parthenon was 469 silver talents, or about £5.6m.
by Dominic Frisby
Today we look at the wages paid to oarsmen on warships in ancient Athens in 450BC.
I bet you’ve never read a Money Morning that began like that before.
Why on earth would I want to do such a thing?
Thursday, January 28, 2021 |
|
| Julian D. W. Phillips - Gold Forecaster |
Gold and Silver Market Morning: Jan 25 2017 - Gold and Silver consolidating! |
Gold Today–New York closed at $1,209.90on the 24th January after closing at $1,215.30 on the 23rd January.London opened at $1,203.25 today.Overall the dollar was stronger against global currencies early today. Before London’s opening: -The $: € was stronger at $1.0724: €1 from $1.0752: €1 yesterday.-The Dollar index was stronger at 100.31 from 100.20 yesterday. -The Yen was weaker at 113.69:$1 from yesterday’s 113.24 against the dollar. -The Yuan was weaker at 6.8766: $1, from 6.8534: $1, yesterSunday, January 24, 2021 |
|
| 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 unSaturday, November 14, 2020 |
|
| Antal E. Fekete - Gold University |
Forward Thinking On Backwardation |
.Thursday, October 8, 2020 |
|
| Mark O'Byrne - gold.ie |
What is the Gold Fix |
What is the Gold Fix?
To help facilitate trades on the London gold market, the price of gold is "fixed" twice each weekday. The Gold Fix is determined by a five member panel, known as The London Gold Market Fixing Ltd.
The Gold Fix is used to help members of the London Bullion Market Association (LBMA) complete trades. The gold fix sets values in US dollars, British Pounds and Euros, and is used as a benchmark price by most of the world's markets for bullion and other gold derivatives.
The LondoTuesday, September 29, 2020 |
|
| Mark O'Byrne - gold.ie |
The London Bullion Market Association |
The LBMA, or London Bullion Market Association, offers "over-the-counter" (OTC) wholesale trading of gold and silver bullion between members.
The LBMA operates the worlds largest OTC gold market, trading an average of $13.9 billion worth of bullion (equivalent to 18.3 million ounces, or 52,875 Good Delivery bars) each day. Because of its importance to the global bullion trade, the LBMA oversees spot dealing in gold and silver for most of the world.
Gold traded by members of the London Bullion MaMonday, July 27, 2020 |
|
| Perth Mint Blog - Perth Mint Blog. |
How Is Gold Produced |
PRECIOUS METAL SERIES - 7 The days when miners could dig or pan for nuggets of gold are largely gone. Today, gold is generally extracted from the Earth's crust as microscopic particles. Estimates put the amount of gold in the Earth's crust at just 11 parts per billion!To recover a single ounce of gold, many tonnes of material must therefore be blasted and processed. Gold mines sell unrefined gold in the form of doré bars. Australian doré bars are usually composed of between 70-80% gold and 10-1Friday, July 3, 2020 |
|
| Jan Skoyles Real Asset Co. - The Real Asset Co |
The London Gold Market: What’s behind the smoke and mirrors |
In our last two major research pieces we have been looking at the working parts of the gold market and where the heart of it lies. We’re trying to help investors understand where gold prices are really set.
Today we take a look at the London gold market, an older and arguably larger market than COMEX.
A couple of weeks ago we explained how we had ‘found that the COMEX was still the beating heart of the gold market.’ Since this research piece, Bron Sucheki, whose work featured in our last piece,Friday, June 26, 2020 |
|
| Mark O'Byrne - gold.ie |
Gold Improves Investment, Pension and Central Bank Portfolio’s Risk-Adjusted Returns |
Hungary increases gold reserves 10 fold and central bank Governor sees gold as having “economic and national strategic importance”
– Central banks diversifying into gold in order to ensure the national foreign exchange reserves are “safer” and to “reduce risk”
– Gold allocation reduces volatility & enhances returns in investment & pension portfolios– As stocks sold off aggressively, gold & Google searches for ‘gold price’ rose significantly
Tuesday, October 30, 2018 |
|
| Graham Summer - Gains Pains & Capital |
Watching Palladium Make New All-Time Highs |
The price action in palladium is eerily reminiscent of early 2001, and this could have major implications for gold and silver in the months ahead.
Back in 2001, the price of palladium spiked to highs above $1100/ounce. At the time, major physical palladium shortages appeared and tremendous strain was put upon the LBMA palladium market in London. Lease rates soared, and it appeared that thWednesday, October 24, 2018 |
|
| Mark O'Byrne - gold.ie |
Crock Of Gold Hidden In Ireland Happy Saint Patrick’s Day |
Crock Of Gold In Ireland? Happy Saint Patrick’s Day
Wishing you health, wealth and good luck this Saint Patrick’s Day!
May your home be filled with laughter
May your pockets be filled with gold And may you have all the happiness Your heart can holdThis Saint Patrick’s Day we bring you an interesting article from the Irish Post about the history of gold mining in Ireland and Ireland’s hidden gold hotspots.
IRELAND has a long and rich history of gold mining, dating back to the 1800s and continSunday, March 18, 2018 |
|
| Mark O'Byrne - gold.ie |
Stephen Hawking – Doomsday Prophet’s Top Five Predictions |
– Stephen Hawking, the doomsday prophet & visionary physicist died yesterday
– Hawking’s five doomsday warnings highlight the need for a ‘Plan B’
– Hawking predicted A.I. may be “the worst thing” for humans
– Vocal critic of President Trump and warned about the risk of nuclear war
– “Nuclear war remains the greatest danger to the survival of the human race”
Photo by Simon Steinberger via Flickr
Stephen Hawking, the visionary physicist who died early yesterday at the age of 76, made five predicSaturday, March 17, 2018 |
|
| Mark O'Byrne - gold.ie |
Buy Silver And Sell Gold Now |
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy
– Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table)
For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver.
Got that?
Right. Now, those of you who are interested to know why I wouSaturday, March 17, 2018 |
|
| Przemyslaw Radomski CFA - SunshineProfits |
Are We Going to $1,120 or $1,510 No Matter What, Own Some Gold! |
Who will win: bulls or bears? The LBMA published its annual forecast survey for precious metals prices in 2018. Gold prices range from $1,120 to $1,510. Where is the price of the yellow metal headed?
Summary of the Survey
The views of about 30 analysts in the 2018 forecasts are strongly divergent. The average price of gold is projected to be $1,318, so it is expected to be around the current level, but almost 5 percent higher than the last year’s average of $1,257.12. However, the average gold pFriday, March 16, 2018 |
|
| Mark O'Byrne - gold.ie |
Gold Cup At Cheltenham – Gold Is For Winners, Not For the Gamblers |
– Gold Cup at Cheltenham – ‘The Olympics’ of the European horse racing calendar
– Gold Cup trophy contains 10 troy ounces of gold – worth £9,000
– £620 million bets on horses, 230,000 pints of Guinness will be drunk, 9.2 tonnes of potato eaten
– Since the 5th century BC, gold has been the ultimate prize to award champions and gold has been constantly and universally awarded as top prize
– Gold, like the summit of human achievement, is very rare and hence precious
– Gold is a great prize and Thursday, March 15, 2018 |
|
| Mark O'Byrne - gold.ie |
Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony |
– Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England– Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil– Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes– Central bank gold purchases continue to be major drivers of gold market– Russian central bank gold reserves now exceed those of China– Decisions to repatriate and increase gold reserves come as rifts between East and West wiWednesday, March 14, 2018 |
|
| Mark O'Byrne - gold.ie |
Stock Market Selloff Showed Gold Can Reduce Portfolio Risk |
– Recent stock market selloff showed gold can deliver returns and reduce portfolio risk– Gold’s performance during stock market selloff was consistent with historical behaviour– Gold up nearly 10% in last year but performance during recent selloff was short-lived– The stronger the market pullback, the stronger gold’s rally– WGC: ‘a good time for investors to consider including or adding gold as a strategic component to their portfolios.’– Gold remains one of the best assets outperforming treasurTuesday, March 13, 2018 |
|
| Mark O'Byrne - gold.ie |
Gold Protects As Cashless Society Threatens Vulnerable |
– Swedish authorities concerned cashless society is happening ‘too quickly’ and heading into ‘negative spiral’– Only 25% of Swedes paid in cash at least once a week in 2017, 36% never use cash– Cash usage in Sweden falling both as share of GDP and in nominal terms– Sweden may be world’s first economy to introduce a cryptocurrency, the e-krona– Cashless is not a disincentive for illegal drug trade, Guardian finds– Gold in safe jurisdictions will protect against raids on cash and wealth
The total Sunday, March 11, 2018 |
|
| Mark O'Byrne - gold.ie |
Women’s Pension Crisis Highlights Dangers To Savers |
– International Women’s Day highlights the underreported UK Women’s pension crisis– 2.66 million affected by UK government’s change to state pension act– Women’s pension crisis is one of many in the UK, where there is a £710bn deficit for prospective retirees– Changes by government highlights the counterparty risks pensions are exposed to– Global problem as pensions gap of developed countries growing by $28B per day– Savers and investors should look to invest in gold as part of their pensions
ISaturday, March 10, 2018 |
|
|