It happened with little fanfare, with virtually no reporting by the mainstream press. But this development signaled that one of the biggest gold-buying entities sees a growing need to own gold right now.
Infectious Insanity
In any country, during prosperous times, the great majority of people go to work each day with the understanding that productivity results in an improved life. Even for those of humble means, the existence of prosperity around them is a daily assurance that, if you work hard and/or work smart, your life will steadily improve.
The Precious Metals Week in Review – September 27th, 2019
The trade dispute between the U.S. and China took a new turn this week as the Democrat-controlled House of Representatives announced this week that it was opening a formal impeachment inquiry against President Donald Trump over alleged abuse of power surrounding a phone call he made to the President of Ukraine back in July.
Will the US Become a Socialist Country?
Recently, many political hopefuls on the Left in the US have “come out” as socialists. Some may have been socialists all along, whilst others may merely be hoping to cash in on the popularity of avowed socialist Bernie Sanders in 2016.
The Precious Metals Week in Review – September 20th, 2019
The ongoing trade dispute between the U.S. and China, uncertainty over the direction of U.S. monetary policy and continued uncertainty over the United Kingdom’s exit from the European Union all remain the primary drivers for market moves in the near term. A clearly sophisticated strike on Saudi Arabian oil facilities over the weekend also acted to send uncertainty and fear into markets.
The Big Silver Shock: Institutions Decide to Invest
A lot of readers liked our article on how much cash could flood the gold market once institutional investors start buying. Now it’s time to look at silver.
World Gold Council releases its Responsible Gold Mining Principles
The World Gold Council has released its Responsible Gold Mining Principles (RGMP), a framework for market stakeholders as to what constitutes responsible mining.
Brother In Arms
Mayer Amschel Rothschild died in 1812, so he could hardly be referred to as a pal of Xi Jinping, but the two have a great deal in common.
What a Gold Shock Could Look Like: Institutional Investors Start Buying
By Jeff Clark, Senior Analyst, GoldSilver and Adviser for Strategic Wealth Preservation. I once asked my institutional investor friend, who used to work at Goldman Sachs and has been a gold owner for many years, what would make him buy more bullion. Without hesitation he said, “When the price breaks out.” Well, as is clear…
The Precious Metals Week in Review – September 13th, 2019
1. Primary market drivers remain the ongoing trade war between China and the United States and the continued chaos surrounding the United Kingdom’s alleged and upcoming exit from the European Union. All eyes will be on the Federal Reserve next week as they hold their Federal Open Market Committee (FOMC) meeting to determine the course…