Global Collapse In Trust Is Driving A Secret Bull Market In Gold

Gold Jumps To $1,345 Per Ounce As U.S. Only Created 75K Jobs In May - Weekly Gain Now 3%

] Gold has gained in dollars this week and also rose in other currencies (see LBMA prices below) due to concerns about the slowing U.S., UK, EU and Chinese economies and indeed the global economy. Gold prices consolidated on this week’s 2.2% rise today and are headed for their best week this year. GoldCore.com Today’s … Read more

Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

] by Bloomberg Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. GoldCore.com Bullion may touch $1,400 an ounce this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for … Read more

Jim Rogers Video Interview: Buy Gold Coins and Silver Coins as Global Crisis Is Coming

Jim Rogers Video Interview: Buy Gold Coins and Silver Coins as Global Crisis Is Coming

] Watch Interview Here ◆ “Get knowledgeable and get prepared as this crisis is going to be the worst in my life time” ◆ “I own physical gold and silver coins … everyone should own them” ◆ “I own Chinese, Russian, American, Australian, Austrian silver coins” and “I own UK and other gold coins” ◆ … Read more

Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

] * Gold gained 1.7% and silver surged 4.9% yesterday after weak U.S. manufacturing data reinforced fears of a U.S. and global recession * The escalation in the U.S.-China trade war and the political shambles in the UK and Brexit further bolstered gold bullion’s safe-haven appeal * U.S. manufacturing activity contracted for the first time … Read more

Gold At 2 Week High At $1,523/oz On Global Economy Concerns; Palladium At All Time Nominal High

Gold At 2 Week High At $1,523/oz On Global Economy Concerns; Palladium At All Time Nominal High

] Gold climbs as weak eurozone data underlines fears over global growth Gold hits 2-week high on growth fears, palladium scales new peak Global stocks sink on dismal economic data, mixed trade signals European Central Bank Pressures EU Countries To Stimulate The European Economy The Coming Currency War 2.0: Digital Money vs. the Dollar Fed’s … Read more

Global Economy Faces ‘Scary Situation’ – Billionaire Investment Manager Dalio Warns

Global Economy Faces ‘Scary Situation’ – Billionaire Investment Manager Dalio Warns

] Likely to have a downturn while “there is not effective monetary policy and that is a ‘scary situation’ – Billionaire Investment Manager Ray Dalio NEWS & COMMENTARY Gold prices range-bound ahead of expected Fed rate cut Gold prices mark one-week low a day ahead of the Fed’s interest-rate decision Stocks drop rapidly on report … Read more

Coming Great Global Gold Reset As Global Debt Hits $246.5 Trillion

] ◆ In the first quarter of 2019, global debt hit $246.5 trillion ◆ Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone ◆ It reverses a trend that started in the beginning of 2018, of reducing debt burdens, … Read more

$255 Trillion Global Debt Bubble May Burst In 2020 – Prepare Now

$255 Trillion Global Debt Bubble May Burst In 2020 - Prepare Now

] Source: Bloomberg ◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs. ◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. ◆ This is almost three times global economic output and equates to about $32,500 for … Read more