‘The head of the International Monetary Fund (IMF) says Greece might exit from the eurozone, adding that the possible move will not negatively influence the euro. Christine Lagarde made the remarks on Thursday in an […]
Gold Price to Double to Over $2,400 Per Ounce – Demand in Asia to Double in “Asian Century” – Gold price set to soar to new records in ‘Asian century’ – Gold price to double by 2030: ANZ – Gold…
Irish Finance Minister Dumps Stocks to Buy Gold – Ireland’s Minister of Finance shifted personal wealth out of stocks and into gold – Minister invested in SPDR Gold Shares ETF, Portuguese government bonds and other ETFs – Maintained holdings in…
Gold Up 11 Per Cent In Euros This Year As Currency Wars Deepen – Gold has risen 11% versus the euro in 2015 – Builds on 12% gains against the euro in 2014 – Sentiment poor despite reasonable performance –…
Deutsche & Santander Fail ‘Stress Tests’ – Risk of Bail-Ins – Largest banks in Germany and Spain fail Federal Reserve’s ‘stress tests’ – Stress tests designed to assess whether lenders can withstand another financial crisis – U.S. subsidiaries fail…
Apple Gold Demand – Bloomberg View Misrepresents GoldCore – Bloomberg View’s Mark Gilbert misrepresents our widely read Apple gold demand – CNBC quoted extensively and favourably from our market update – Gilbert quoted selectively from our piece to misrepresent “gold…
‘BREXIT’ Poses Risks To London Property, FTSE and Sterling Assets Political uncertainty beginning to impact bond and property markets UK bonds and stocks at all time record highs and ‘bubbly’ FTSE looks overvalued and ripe for sharp correction “Air of…
Currency Wars Deepen – IMF Concedes End to Dollar Hegemony – Dollar has declined as reserve currency over past decade from 70% of global reserves to 61% – Chinese yuan is growing in stature as international currency – IMF deputy…
Apple Major New Gold Buyer – Propel Gold Higher? – There is a major new buyer in the gold market – Apple – New Apple watch could use up to one third of total annual gold supply – Apple expects…
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts – Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking says Financial Times – Two-step authentication process used by most banks is inadequate – Vulnerabilities identified…
“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts – Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking says Financial Times – Two-step authentication process used by most banks is inadequate – Vulnerabilities identified…
Canada’s Central Bank Orders End to ‘Spocking’ of Debasing Canadian Dollar – From “Spocking” in Canada to overtly political imagery in Greece, paper currency is growing in popularity – Outpouring of affection for Leonard Nimoy has inspired the phenomenon of…
Canada’s Central Bank Orders End to ‘Spocking’ of Debasing Canadian Dollar – From “Spocking” in Canada to overtly political imagery in Greece, paper currency is growing in popularity – Outpouring of affection for Leonard Nimoy has inspired the phenomenon of…
Bondholders “Bailed In” In Austria – EU Bondholders Today, U.S. Depositors Tomorrow? – Auditors find €7.6 billion hole in Austria’s “bad bank”, Heta Asset Resolution AG – Austria’s government says it will not give Heta “a single euro” – Emergency…
Gold Demand in Greece, Italy, Spain, Russia, Germany, UK and U.S. – Reuters Interview GoldCore Jan Harvey thomsonreuters.com We were hearing quite a bit about rising physical demand in Europe earlier this year, as a confluence of factors (euro zone…