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Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards





James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years.

 
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Silver “Momentum Building” As “Supply Trouble Brewing”





Silver had its biggest quarterly rise in nearly 30 years in the first three months of 2016 as ETF investors, buying of silver coins (now VAT free in UK and EU) and bars and speculators in the futures market pushed prices higher. Silver prices are likely to rise further as there is “supply trouble brewing” as strong industrial and investment demand are confronted by declining supply. 

 
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Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank





Jim Rickards commented to GoldCore today about the cyber theft: "The case for owning gold in an age of cyber-financial threats is compelling ... "

 
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Gold In Vaults Beneath Bank of England Worth $248 Billion?





There is no smell here: metal has none. There is no noise, either, on account of the vaults’ thick concrete walls. What there is, however, is one of the world’s most important traded assets. Deals are still done in gold in almost every country in the world. Its price is a crucial barometer for consumer confidence. Prices rise when markets are uncertain, and before US elections – like now.

 
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Silver “Has So Much More to Give” – 5 Must See Charts





"Silver’s bull run looks like it has legs ..." Silver has so much more to give according to Bloomberg in an interesting article replete with 5 must see silver charts.

 
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Silver “Has So Much More to Give” – 5 Charts Show





"Silver’s bull run looks like it has legs ..." Silver has so much more to give according to Bloomberg in an interesting article replete with 5 must see silver charts.

 
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China Gold Yuan Trading To Boost Power In Gold and FX Markets – End Manipulation?





China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation.

 
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Marc Faber: “Messiah” Central Banks Currency Printing “Will Not End Well”





Marc Faber has warned that a new financial crisis is coming and will be worse than the 2008 one and warned that the “messiah” central banks “helicopter money ” policies “will not end well ...”

 
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Silver Surges 8% In 6 Days To Over $16 Per Ounce





Longer term the inflation adjusted 1980 high of $150/oz remains realistic – especially given the increasing use of silver in various industrial application and silver’s increasing investment demand – with silver continuing to be seen as the cheaper, better value, alternative to gold.

 
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Bank Bail Ins Begin as EU Bank “Bailed In” In Austria





Diversification of deposits remains vital and one important way to protect against bail-ins is owning bullion. Taking delivery of gold and silver coins and bars or owning bullion in allocated and segregated storage in the safest vaults in the world is a prudent way to protect against bail-ins.

 
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Perth Mint Silver Coins Have Second Highest Monthly Demand





The Perth Mint’s sales of silver coins and especially Silver Kangaroos surged again in March and saw the second highest levels of silver coin demand on record as silver buyers in the western world continue to accumulate silver at what they believe to be depressed silver prices.

 
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‘$5 Million Coin’ Now On Sale – One of Largest, Purest and Rarest Gold Coins In World





One of the largest, the purest and rarest gold coins in the world – the first ‘million dollar coin’ which at today’s market prices is valued at $5.36 million (USD), €4.85 million (EUR) and £3.8 million (GBP) has come on the market and is now on sale.

 
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China’s Gold Intent – ICBC Bank Reclassified as an LBMA Market Maker





ICBC becoming a new LBMA market maker in the gold market, while expected, is an important development and again shows China's intent with regard to becoming a key player in the global gold market.

 
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Silver Is Coiled Spring and Will “Explode Higher”





Silver was battered so low in recent years’ gold bear that it’s spent 2016 trading near stock-panic levels relative to gold. Such super-low prices aren’t sustainable, so silver is due for a massive mean reversion higher

 
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Gold Prices Rise 16% In Q1 – Best Quarter In 30 Years





Sterling fell 20% on BREXIT concerns and the euro fell 11% against gold. Canadian dollar fell 10%, Aussie dollar fell 9% & Swiss franc fell 12% against gold

 
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