Articles related to Vault
Michael J. Kosares - USAGold
Prominent establishment economist William White warns “More dangers now than 2007”
First a quick background check on William White so we know whether or not to grant his opinions more weight and status than the average analyst, this from an older, but still functional, Economist article titled The curious case of Willliam White(September, 2012): “Most recently, we have William White, a brilliant Canadian economist who used to do research at the Bank of England and the BIS before taking over the Economic Development and Review Committee at the OECD.
Sunday, September 17, 2017
Bullion Vault
Gold Prices Drop 0.5 After Comex Net Long Doubles 10-Year Average But Irma + N.Korea Risks Recede
GOLD PRICES fell from last week's 12-month highs on Monday morning in London as the Dollar rebounded and global stocks hit new highs after Hurricane Irma was downgraded to a 'storm' and the weekend passed without North Korea testing any nuclear weapons to mark its national foundation day, writes Steffen Grosshauser at BullionVault. Spot gold bullion retreated to $1335 per ounce after reaching above $1356 on Friday, while the US Dollar Index clim
Monday, September 11, 2017
Michael J. Kosares - USA Gold
Gold off in overnight trading
Gold is trading down about $7.50 in the overnight markets as this is posted. Silver is down 7¢.  It looks like Irma’s reduced category ranking to a 2 and quiet on the Korean peninsula let a little air out of the gold and silver rallies – at least for now. Too, it could be no more complicated than a continuation of Friday’s sideways to lower trading. In Japan, stocks are up a little over 1%. Despite that strength, the yen is taking another beating in the FOREX markets. As pointed out here a few d
Monday, September 11, 2017
Chris Powell - GATA
In KWN interview, Maguire notes Goldman's warning against 'paper' gold
London metals trader Andrew Maguire, interviewed today by King World News, calls attention to the assertion by a Goldman Sachs trader that anyone buying gold should buy metal in a vault rather than "paper" gold. Maguire's comments are excerpted at KWN here:
Saturday, September 9, 2017
Jeff Clark - Goldsilver
What the Upcoming Wealth Transfer Will Look Like
With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers yo
Saturday, September 9, 2017
Bullion Vault
Gold Prices 'Probe Key $1356 Level' But Fall for Non-Dollar Investors
GOLD PRICES fell below $1350 per ounce Friday lunchtime in London, cutting the metal's weekly Dollar gain to 1.7% and heading for a loss against other major currencies after touching a new 12-month high for US investors at what some chart analysts called a key level. The Euro rose back to its strongest Dollar value since January 2015, peaking just shy of $1.21, while the Chinese Yuan hit USD levels last seen in December that year.
Friday, September 8, 2017
Bullion Vault
Gold Prices Slip vs. Euro as ECB Holds Rates + QE, Fall vs. Loonie as BoC Hikes
GOLD PRICES in London rose back towards 12-month highs above $1340 in Dollar terms on Thursday morning but slipped versus the Euro as the European Central Bank left its negative interest rates and €60 billion per month QE bond-buying scheme untouched. The Bank of Canada yesterday raised its key interest rate for the second time in 2 months, hiking to 1% and calling the country's second quarter annual GDP growth of 4.5% " broadly base
Thursday, September 7, 2017
Adrian Ash - Bullion Vault
  Gold Price Not 100 About Real Rates. But Close
Nor 100% about the Dollar. Just in time for Goldman Sachs to catch on... NICE to see Goldman Sachs spotting what matters 3 months late. "It is tempting to blame the rally in gold prices on recent events in North Korea," says a note from the US investment bank's commodities team under Jeffrey Currie.
Thursday, September 7, 2017
Bullion Vault
Gold Bullion +16 YTD vs Weak Dollar Yet European Gold ETFs Grow Faster
GOLD BULLION held $5 below yesterday's late spike to 12-month highs in Asian and London action on Wednesday, trading at $1340 per ounce after a key US Fed policymaker said weak inflation warns against raising interest rates and new data showed gold-backed ETFs expanding strongly in August. Consumer demand and physical buying in the wholesale bullion market remained weak however, with the Shanghai premium, over and above comparable London quotes,
Wednesday, September 6, 2017
Jan Skoyles - GoldCore
Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
– Physical gold is “the true currency of the last resort” – Goldman Sachs – “Gold is a good hedge against geopolitical risks when the event leads to a debasement of the dollar” – Trump and Washington risk bigger driver of gold than risks such as North Korea – Recent events such as N. Korea only explain fraction of 2017 gold price rally – Do not buy gold futures or ETFs rather “physical gold in a vault” [is] the “true hedge” Editor: Mark O’Byrne What’s increasing the demand for gold? Is it Kim J
Wednesday, September 6, 2017
The Daily Market Report
USAGOLD/Peter Grant/09-05-17 Gold rebounded from modest intraday downticks after filling the gap that was left yesterday. The yellow metal remains elevated by geopolitical tensions that continue to ratchet higher, as well political uncertainty here at home. Gold set another new high for the year yesterday at 1338.82 after North Korea tested a rather larger nuclear device. It was reportedly an order of magnitude greater than previous tests and there is speculation it may have been a hydrogen bomb
Tuesday, September 5, 2017
Bullion Vault
Gold Prices Ease at 2-Year Yen High as Japan Plans Evacuation, N.Korea Prepares for Foundation Day
GOLD PRICES dipped briefly below $1330 per ounce in London trade Tuesday morning, holding near yesterday's spike to 11-month highs as the Dollar weakened again and reports said North Korea is moving an intercontinental missile towards its west coast after firing a 6th test in 2 weeks. Gold priced in Yen eased back from early Monday's spike to sudden 2-year highs as the Japanese currency recovered on the FX market.
Tuesday, September 5, 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
Bullion Vault
Gold Price 'Surge' to $1320 Attracts Institutional Investors as US Debt Ceiling Deadline Looms
GOLD PRICES held at 10-month highs versus the Dollar on Friday morning in London but traded at only 2-month highs in Euros and Chinese Yuan as the US currency slipped ahead of key monthly jobs data from the world's largest economy. Rising back to $1320 per ounce today, the Dollar gold price on Thursday ended August well above the 6-year downtrend starting at its all-time high of $1920 – set when US government debt lost its "risk-fre
Friday, September 1, 2017
Bullion Vault
Gold Prices 'Could Remain Above $1300 for Some Time' Despite Revised US Growth Figures and Gaining Dollar
GOLD PRICES retreated on Thursday morning in London while the Dollar recovered on positive economic data from the United States and China and investors extended stock market gains, writes Steffen Grosshauser at BullionVault. The US Dollar regained ground after the US second-quarter gross domestic product grew by 3.0% - its quickest pace in more than two years. Furthermore, 237,000 workers were hired in the US in August, compared with an expectation of a 185,000 rise, whic
Thursday, August 31, 2017
Chris Powell - GATA
Rickards: Repatriation will slow gold leasing; U.S. may revalue gold if debt ceiling isn't raised
Fund manager and author Jim Rickards writes today that repatriation of German gold from the New York Fed to the Bundesbank's vault in Frankfurt will greatly reduce the gold available for market manipulation through leasing, because there is no well-developed system of leasing in Frankfurt nor adequate law to provide for it. Rickards adds that the repatriation was hastened so that German Chancellor Angela Merkel, embroiled in an election campaign, could appease a small nationalist party that advo
Wednesday, August 30, 2017
Jason Hamlin - Gold Stock Bull
  How To Hide Your Gold And Silver 
The following tips for where to store your gold are provided by Now that you are potentially making the decision to move into true money, the question arises of where to take delivery of and safeguard your precious metals.  Taking physical delivery of your gold or silver is often the most rewarding part of the purchasing experience, as it gives you, the bullion investor, a fuller understanding of the real value of tangible monetary assets. As one of the industry's leading b
Monday, August 28, 2017
Chris Martenson
Why The Shale Oil "Miracle" Is Becoming A "Debacle"
Energy is everything.  This is an amazingly important concept. Yet it's almost universally overlooked. Sometimes it’s hard to appreciate the magical role energy plays in our daily lives because most of what we experience is a derivative of it. The connection is hidden from direct view.  Because of this, most people utterly fail to detect or appreciate the priceless and irreplaceable role of high net-energy fuel sources (such as oil and gas) to our modern lifestyle. With high net-energy, society
Friday, August 25, 2017
Bullion Vault
Gold Price Reverses Partially as Markets Refocusing on Jackson Hole
GOLD PRICES slipped by $5 per ounce this Thursday lunchtime, as markets turn their attention to Jackson Hole.  Gold rose to $1291 yesterday amid concerns over President Donald Trump’s threats to shut down the U.S. government and withdraw from NAFTA, writes Atsuko Whitehouse at BullionVault. Markets are focussed on the Economic Policy Symposium, which begins today at Jackson Hole, Wyoming.  Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are schedul
Thursday, August 24, 2017