Gold Tops $1,300/oz As Trade Wars Escalate and Increased Risk of U.S. War With Iran

Gold Tops $1,300/oz As Trade Wars Escalate and Increased Risk of U.S. War With Iran

] * Gold sees safe haven demand push it to highest in one month as it breaches key $1,300/oz and £1,000/oz levels * U.S. China trade wars escalates as China retaliates and imposes tariffs on $60 billion of U.S. goods * Increased risk of war in Middle East after U.S. alleges Iran bombed Saudi oil … Read more

Gold Breaks Above $1,350, €1,200 and £1,060 – Risk Of War In The Middle East

Gold Breaks Above $1,350, €1,200 and £1,060 - Risk Of War In The Middle East

] GoldCore Note Gold prices jumped another 1% today, surpassing the key $1,350 level for the first time since April last year. Gold made strong gains in all currencies including the euro and the pound, rising above €1,200 and £1,060 per ounce respectively. Gold in EUR – 1 Year Poor economic data from China, the … Read more

Deutsche Falls To New Record Low Showing ‘Lehman Shock’ Contagion Risk

Deutsche Falls To New Record Low Showing 'Lehman Shock' Contagion Risk

] * Deutsche bank’s new record low at €5.80 underscores German and European banking contagion risk * FTSE 100 opens slightly higher after trading delay of 90 minutes on trading trading services ‘issue’ * GE falls the most in 11 years after Madoff whistleblower calls it a ‘bigger fraud than Enron’ * Gold prices are … Read more

GOLDNOMICS PODCAST: Prepare Now As Risk Of Contagion In Today’s Fragile Monetary World

GOLDNOMICS PODCAST: Prepare Now As Risk Of Contagion In Today’s Fragile Monetary World

] ◆ GOLDNOMICS PODCAST – Episode 13 – Lucky for some ! ◆ Why is nobody talking about the real risk of contagion to investors, savers & companies? Listen or Watch Podcast Here ◆ While all the focus in the UK, Ireland and the EU is on Brexit, the risk of another debt crisis looms … Read more

State Street: Gold ‘Definitely Works’ and is an ‘Inflation Hedge’, ‘Dollar Hedge’ in Era of Heightened Geopolitical Risk’

Goldman: 3 Key Reasons Why We Are Bullish On Gold

] ◆ State Street’s senior multi-asset strategist, Benjamin Jones, discusses the importance of gold in asset allocation on “Bloomberg Daybreak: Europe” ◆ “Bitcoin or gold?” “I prefer gold. Bitcoin is interesting but would I suggest it to my clients … definitely no … but it might be a bit of fun to own on the … Read more