Gold Prices Hit All-Time Highs In These Currencies

Gold Prices Hit All-Time Highs In These Currencies

By Anna Golubova For Kitco News 08/05/2019 (Kitco News) - The gold market saw massive moves on Monday, breaking record highs in a number of currencies, including the British pound, the Japanese yen, the Canadian and the Australian dollars. The yellow metal also saw a massive 3% daily rallies in other currencies. The main driver behind this week’s [...] Read more

The dramatic rise of gold since 1971

By Blog Team (http://www.perthmintbullion.com) 07/31/2019 With an annual average price growth of almost 9% since the start of the 1970s it is little wonder that astute investors continue to hold the precious metal in their portfolios. In this blog we look at what has moved the gold price since the pivotal year of 1971. Prior to this date, the [...] Read more

Currency wars are wars that gold wins in the end

By Arkadiusz Sieron, Sunshine Profits 08/06/2019 July nonfarm payrolls came in line with expectations, confirming the strength of the U.S. labor market. So far so good. With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday, the stock market plunged while gold rallied. Can the upcoming news take [...] Read more

Gold Prices Set to Rise 20% by New Year 2020: Survey

And recession coming to the US by 2021... By Adrian Ash 07/30/2019 WHAT really drives gold prices? asks Adrian Ash at BullionVault. "Nobody really understands gold prices," claimed then US Federal Reserve chairman Ben Bernanke in mid-2013, "and I don't pretend to understand them either." But seeing how gold prices were sinking at the time in their [...] Read more

Gold the Ultimate Asset as Fed Joins Race to the Bottom in Global Rates

By Ronan Manly 07/31/2019 The US Federal Reserve’s Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% – 2.50% to a target range of 2.00% – 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years. [...] Read more

Gold market in H1 2019

Gold market in H1 2019

Gold nugget. Photo from Max Pixel, CC0. By Arkadiusz Sieron, Sunshine Profits‘ Gold News Monitor and Gold Market Overview Editor, Sunshine Profits 08/04/2019 We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The [...] Read more

Credit Bubble Bulletin: Trump's China Tariff Tweets

By Doug Noland 08/03/2019 Twenty-four hours that confounded - as well as clarified. Chairman Powell has, again, been widely criticized for his messaging. With the markets and President Trump breathing down his neck, he’s been in a no-win situation. Data have not supported commencing an aggressive easing cycle, while markets raced far ahead of the [...] Read more

Signs of recession are hitting Europe. Is its new Central Bank president up for the challenge?

If new institutional reform is to come to the Eurozone, it will entail a major paradigmatic shift By MARSHALL AUERBACK 08/02/2019 This article was produced by Economy for All, a project of the Independent Media Institute. We now know that there will be a changing of the guard at the European Central Bank (ECB) in October. The current head of the [...] Read more

Gold exploration trends: drilling declines, advanced projects a priority

Gold exploration trends: drilling declines, advanced projects a priority

Brucejack mine, seen here under construction in 2016. (Image courtesy of Pretium Resources.) By Vladimir Basov 08/02/2019 MINING.COM analysed monthly gold exploration trends from January to June 2019 using data from the Mining Intelligence Data Application. The data used represents reporting companies listed on the following stock exchanges: TSX [...] Read more

Gold’s top performer told don’t splurge to replace fading mines

Gold’s top performer told don’t splurge to replace fading mines

The Kalgoorlie super pit . (Image courtesy of Mining Mayhem Australia.) By David Stringer, Sybilla Gross and Ranjeetha Pakiam, with assistance from Justina Vasquez and Danielle Bochove, Bloomberg News 08/02/2019 Gold miners in Australia, the industry’s most profitable operators, are facing a slump in output that’ll leave the nation trailing key [...] Read more

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