29 June 2022Yesterday was a down day for investors in almost all asset classes as markets turned down on looming across-the-board fears of a global recession took hold. The Russia/Ukraine War has been a major game changer and many of the cards seem to be in Russia's hands economically speaking.
28 June 2022The announcement that the G7 nations will be banning imports of Russian-produced gold may have little effect given that many of the world's largest gold consumers are not members of this body - particularly the world's two largest gold consumers, China and India
25 June 2022Equities and bitcoin have seen signs of recovery in the past week and gold has generally looked a little weaker. We feel that inflation is going to remain high for the foreseeable future, whatever the U.S. Fed does to try and control it and indeed may even add fuel to the flames in Q4 in an attempt to keep the U.S. economy out of all-scale recession.
22 June 2022U.S. markets have moved somewhat contrary to our expectations so far since the 75 basis point increase in the Federal Funds interest rate at last week's FOMC meeting, But there are signs that this may be reversing in European trade today. It remains to be seen whether this trend will spill over into U.S. markets later.
21 June 2022A listing of the world's top gold producing companies in 2021 shows some significant changes from a year earlier, partly due to Covid and partly due to mergers. acquisitions and divestments, which have continued into the current year. Higher gold prices have been making this a more profitable investment sector and dividends have been rising accordingly,
16 June 2022Gold, equity and bitcoin volatility continues ahead of, and after, this week's FOMC meeting, which saw a more hawkish Fed raise the Federal Funds rate by 75 basis points - the highest such increase since 1994, with the prospect of a similar sized rise at the July meeting too.
12 June 2022Murenbeeld & Co. has updated their gold price forecasts in the light of the latest U.S. CPI data and remain cautiously bullish going forward, but perhaps not quite as positive as we are.
10 June 2022Specialist precious metals consultancy, Metals Focus, has produced its 100 page plus 2022 Gold Focus report covering all aspects of gold supply and demand worldwide. Here we focus on the world's top gold producing nations, plus comments on the consultancy's outlook for the yellow metal over the remainder of the year
08 June 2022Gold, equities and bitcoin all are seeing volatile trading patterns ahead of the release of new inflation data and next week's FOMC meeting. We don't see any real change immediately thereafter, with market volatility continuing as long as high inflation continues.
08 June 2022The latest Shanghai Gold Exchange gold withdrawal figures for May have been released and have closed the gap on those of a year ago but the year to date volume is still well below that of 2021. The better May figure implies that China may be beginning to exit from its self-imposed restrictions imposed to control the recent Covid pandemic outbreaks in some major cities and industrial areas.
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