UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis (GoldCore Video)

Theresa May Quits As PM - Gold In British Pounds Reaches £1,015 Per Ounce

] While all the focus is on Brexit, the UK faces a debt and currency crisis UK has over $8T in external debt: 2nd largest debtor in the world after the U.S. True UK government debt exceeds £5 trillion as pension liabilities not in official numbers Total UK national nominal debt surged over £2 trillion; … Read more

‘Plumbing of the U.S. Financial System’ Under Pressure; NY Fed Providing Massive Liquidity and Potentially Permanent Repo and QE

‘Plumbing of the U.S. Financial System’ Under Pressure; NY Fed Providing Massive Liquidity and Potentially Permanent Repo and QE

] ◆ The ‘plumbing of the U.S. financial system’ is under pressure as liquidity dries up forcing New York Federal Reserve to provide massive liquidity and potentially they may be forced to move to permanent repo operations and renewed quantitative easing or QE ◆ The New York Fed appears to be set to do another … Read more

Gold Buying Surge and “Massive Spike In Transactions” Seen By GoldCore

Gold Buying Surge and "Massive Spike In Transactions" Seen By GoldCore

] Source: Wikimedia Commons Gold prices surge as coronavirus fears impact on equities. Gold rose more than 2.5% to a seven-year high on Monday of $1,688 per ounce. (Irish Times) Irish gold brokers GoldCore said on Monday that it had witnessed a massive spike in transactions on foot of the jump in coronavirus cases outside … Read more

Gold Surges 6% On Large Bar Shortage, Massive Demand and Unlimited Currency Creation

Gold Surges 6% On Large Bar Shortage, Massive Demand and Unlimited Currency Creation

] ◆ GoldCore remains open for business. Stocks of coins and bars have been depleted globally due to massive demand. We are buying coins and bars from clients and we are continuing to buy and sell gold and silver certificates. We are selling coins and bars when we receive stock from clients or directly from … Read more

Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” – GoldCore

Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” - GoldCore

] Gold and silver are set for a 5% and 6% gain this week and a significant 11% and 30% gain in the month of July (see table below). Weakness is likely to be short term and shallow From MarketWatch: Gold prices ended lower Thursday, with bullion retreating from a record rally that had seen … Read more