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Budgets, Scams and Gold Investment
How much higher will gold go? Yesterday it was within striking distance of $,2800, and whilst it may have pulled back earlier on today on the back of some technical selling, we believe the next week could hold yet more new highs. The coming days will be pivotal for shaping the future of risk sentiment and consumer […]
Buy Gold: Simon Hunt Warns of Imminent Global Conflict!
Just over an hour ago I spoke to the leading economist and geopolitical analyst Simon Hunt. I have interviewed him previously, and this latest occasion didn’t disappoint. Speaking to Simon is a very sobering experience. He doesn’t dress things up. The timing of our conversation was particularly apt given his areas of expertise. From natural […]
Gold Experts – Why Gold Is Heading To $3,000
Earlier on today, the ECB announced the latest interest rates decision. In line with expectations they cut rates across the board by 25 basis points. At the time of writing gold is at record highs against the Euro. Across the pond it is within touching distance of $2,700 on the bank of US jobless claims […]
Is Now The Right Time To Buy Gold Coins?
Towards the end of last month gold futures passed the giddy heights of $2,700. This move signalled a 42% rise in the price of gold since October 2022. And it wasn’t a gradual climb either in the 6 weeks or so before it had climbed from $2,400. Since then gold has experienced a small correction, […]
I Would Rather Hold Gold, Not A Gold Backed Currency!
Earlier today data on US benefit payments was released and whilst it was weaker than previously, gold did not appear to really respond. Gold appears to have settled itself into a new holding pattern at these elevated levels, so disinterested it appears to be in economic releases. However, we will see what happens tomorrow when Non-Farm Payrolls data […]
Gold And Silver Are Breaking Records
What a week. At the time of writing gold is around $2,670 having pulled back slightly better than expected US consumer data. This morning December gold futures hit $2,708. And to think that just three weeks ago Goldman Sachs were saying we might see $2,700 gold next year. Silver continues to delight, reaching the highest price level […]
Gold Hits Another Record High
It has felt like we have been talking about the Federal Reserve rate cut for months and months. Finally we have something to say about it: The Fed decided to cut rates, and they cut rates by 50 basis points. Gold responded in true form and touched another record high. At the time of writing gold […]
Gold or Silver: Common Questions from New Precious Metal Investors
Earlier on today the European Central Bank announced a 25 basis point cut as they press on with their plans to bring interest rates down. This move surprised absolutely no one. In response gold has been testing new highs against the euro. At the time of writing it looks like it could push through April’s all-time high. Elsewhere, gold has been testing […]
Does Gold Care About Payrolls Data?
At the time of writing gold is rallying to session highs, sitting above $2,520. This week is all about US employment data releases, and all the information and inference they bring. Tomorrow is the big one: Non-Farm Payrolls data. Non-Farm Payrolls data is always closely watched but there is a particular focus on this week’s […]
