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| Bullion Vault |
| Gold Price Flat as Half-Billion Da Vinci Sale Sees Stocks and Junk Bonds Rally |
| GOLD PRICES edged back up to $1280 per ounce on Thursday in London as world stock markets rose for the first session in six.
With gold prices trading just $10 per ounce above the 13-week closing low of week-ending Friday 3 November, so-called "junk bond" prices also rallied with equities.
US corporate bonds rated below investment grade gained 0.7% from yesterday's new 7-month low as measured by Friday, November 17, 2017 |
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 | Mark O'Byrne - gold.ie |
| Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated |
| Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated (Part I)
Investors looking to gold again but gold buyers need to exert caution
‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’
Like all markets are few bad apples in gold market
Need to do due diligence on company buying from
Avoid companies marketing gold plated coins as “pure gold” coins
Collectible coins do not capture the value of gold and are notTuesday, March 7, 2017 |
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| Mark O'Byrne - gold.ie |
| Art Market Bubble Bursting – Gauguin Priced At $85 Million Collapses 74 |
| – Art Market Bubble Bursting?
– Russian Billionaire Takes 74% Loss On “Investment”
– $85 Million Gauguin Bought By Dmitry Rybolovlev in 2008
– Christie’s auctioned the work at its evening sale in London
– Global art sales plummet, but China rises as ‘art superpower’
– China soon to dominates global art and gold market
– Art price volumes doubled since 2009
– As currencies debase super rich seek out stores of value
– Gold remains accessible store of value for all
– Stocks, bonds and many assets Wednesday, March 1, 2017 |
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 | Wolf Richter |
| To Some, it “Feels More Like a Crash” |
| These US Markets Have Cracked, and the Cracks are Spreading
“There’s enormous risk in public markets because that’s the one that central banks have distorted to the greatest extent,” El-Erian, chief economic adviser at Allianz SE, told Bloomberg TV, in reference to stock and bond markets. He confessed to the heresy of holding 30% of his portfolio in cash.
“It’s very hard to say I’m going to buy a basket of public equities and go to sleep for the next five to 10 years and feel good about the retuFriday, October 21, 2016 |
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| Wolf Richter |
| Another Asset Bubble Cracks: Art Sales Plunge |
| “As far as I am concerned, this is a catastrophe.”
After a blistering five-year boom of near limitless possibilities, it is suddenly getting tough in another asset class – one that mere commoner millionaires are not invited to play in: the high-dollar art market.
Auction house Sotheby’s reported on Monday that revenues in the first quarter plunged 32% from a year ago. Agency commissions and fees, the largest subcategory, plummeted 37%. Expenses edged up. Hence a resounding operating loss of $32Wednesday, May 11, 2016 |
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| 24hGold - Yahoo |
| SILVER 7:05 am Coeur d'Alene Mines reports FY15 silver production at the high end of guidance; sees FY16 production of 33.8 - 36.8 mln silver equivalent ounces |
| 7:57 am On The Wires (:WIRES) : The Medicines Company (MDCO) initiated study sites and begun enrolling patients in the ORION-1 Phase 2 study to compare the effect of different doses of ALN-PCSsc given as subcutaneous injections in a quarterly or bi-annual dosing regimen in subjects with atherosclerotic cardiovascular disease or risk equivalent ASCVD and elevated LDL-C. Co expects completion of this Phase 2 trial by the end of 2016Caladrius Biosciences (CLBS) to out-license the patent and commerMonday, January 11, 2016 |
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| 24hGold - Yahoo |
| COAL 4:29 am Arch Coal files Chapter 11 bankruptcy, agrees on terms of debt restructure deal with Senior lenders |
| The S&P 500 futures trade ten points above fair value. The start of the second week of 2016 bore a striking resemblance to the first week of the year as all of the major indices in the Asia-Pacific region ended the day in negative territory. Once again the focus was on China with the Shanghai Composite falling 5.3%, which puts the index back near its September low. Investors did receive the latest inflation data from China, but the numbers were not that far away from expectations. Furthermore, tMonday, January 11, 2016 |
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| Graham Summer - Gains Pains & Capital |
Is the Smart Money Prepping for an SP 500 Collapse to 450  |
| The Fed and other Central Banks have done everything they can to convince investors to buy stocks.
They’ve cut interest rates over 500 times, with some region’s now actually charging depositors for the right to park their cash.
They’ve bought over $10 trillion worth of bonds in varying forms of QE, perverting the price of “risk” across the board with the hope investors would move into risk assets.
It worked for a time. Those who had a lot of money to begin with (the top 0.1%) rode the rally thaFriday, November 7, 2014 |
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 | Philippe Herlin - GoldBroker |
| A Ferrari Sold for $38,000,000… What |
| In Pebble Beach, California, during The Quails “Concours d’Élégance”, a 1962 Ferrari 250 GTO was sold at auction by Bonhams for $38 million, which constitutes an all-time record for a collector’s automobile. The price paid is 100 times that of the most expensive new Ferrari in their catalogue (F 12 berlinetta) and 30 times that of their latest special series car (F 150, limited to 499 units). What to think of this exorbitant amount?
This is reminiscent of the art market in general, which is alsSunday, August 24, 2014 |
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 | FOFOA - FoFOA |
 An Eye for Gold  |
| Real Things
"Investors and regular workers with a Western slant do not grasp what wealth is. Overwhelmingly they see their currency and paper investment portfolios on an equal footing in value with the same
"real things" that raise our living standards. Yet, in real life, they cannot be equal because these paper assets are only an exercise able future claim on our "real things in life". –FOA
The super wealthy pay way too much for some stuff, don't they? I mean, $490,000 for a used old card tThursday, December 19, 2013 |
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