05 November 2021The latest FOMC meeting deliberations affected the gold price much as we had anticipated. The price fell back on confirmation that the start of the Fed's tapering programme was indeed imminent, but rose again sharply when Fed chair Jerome Powell intimated that prosperctive interest rate rises might be further into the future than markets had been anticipating. There is also speculation that Powell might not be reconfirmed as Fed chair when his term comes up for renewal in February,
02 November 2021With the November FOMC meeting starting today, the gold market is poised to move whichever way interpretation of the results takes it.
01 November 2021When will the current investment bubble burst as it inevitably will? We look at some of the indicators that the equities markets in particular are already in bubble terrirory and that holding some gold may offer the best protection against an ensuing financial meltdown.
25 October 2021Switzerland has released its gold export figures for September and India was again comfortably the top destination for the high quality refined gold from the Swiss facilities. Overall over 80% of the Swiss re-refined gold was destined for Asia and the Middle East
23 October 2021Thje gold price had appeared to be on the up on Friday in European and early U.S. trade, but it was all brought down to earth again by an online statement by U,S, Fed chair, Jerome Powell where he agin described the current rising inflationary trend as 'transitory'
22 October 2021The Russian central bank has announced its latest gold reserve position and reports upping its reserve by an Insignifican 3.1 tonnes, but does this represent the true picture?
20 October 2021The gap between the prices of palladium and platinum seems to be narrowing and while it will take a considerable omount of time yet for platinum to regain its price leadership role, its long term future looks better than that of its fellow pgm
17 October 2021The Shanghai Gold Exchange (SGE) has just announced its outwards gold statistics for September and these show that gold withdrawals from the Exchange, which we assess to be the best estimate of the nation's real gold demand, are already higher after nine-months than they were for the whole of 2020 and are trending higher than the 2019 pre-Covid figures.
13 October 2021Currernt economic patterns put a period of stagflation firmly on the horizon. Stagflation tends to be negative for equities and bonds, but rather more positive for precious metals which give some protection against declines in fiat currency purchasing power.
12 October 2021All the precious metals are trading pretty flat at the moment and we see nothing on the immediate horizon to change that picture, Gold and silver remain data driven while pgms are showing perhaps the most weakness potential as the automobile manufacturing sector suffers from a shortage of microprocessor chips
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