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U.S. Mint Sales of Gold Coins Fall In October After 234% Surge in Q3





Editor’s Note: Last week gold price fell to 5 year lows and weakness again saw canny buyers accumulate on the dip. Sales of U.S. Mint gold coins jumped the most in nearly three months. The 2015 $10 American Gold Eagles actually sold out.

 
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Gold Remains “Best Insurance For A Crisis” - Ficenec





Editor’s Note: The tragic events in Paris, terrorism and war throughout the world, show geopolitical risk remains high.  These risks will likely impact economies and financial markets and will see continuing safe haven demand for gold. “The future is uncertain and gold is the most effective insurance against that.”

 
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Russia Sees Gold Reserves As “Additional Financial Cushion” In Face Of “External Uncertainties"





In the next financial crisis, physical gold held outside the banking system in safe vaults in safe jurisdictions will prove to be a “financial cushion” to individuals, companies, pension funds, family offices,  and indeed nations.

 
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Gold Bullion Demand Surges 27% In Q3 - New Chinese “Buying Spree”





Gold bullion coin and bar demand surged in Q3 as gold’s continuing COMEX driven price weakness in July and sharp falls in stock markets in China and globally in August saw store of wealth buyers internationally again accumulate bullion.

 
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“I Can’t Deny It – The Outlook For Gold Isn’t Pretty Right Now”





It is important to note that the current weakness of gold is primarily in dollar and sterling terms. For investors in Canada, Australia, New Zealand and the EU gold is once again acting as a hedge.

 
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One of America’s Largest Online Retailers Is Stockpiling Gold and Silver Coins to Pay Employees In Coming Crisis





Prudent companies internationally are allocating capital to gold and silver bullion as a way to diversify their assets and as a form of financial insurance to protect against bank bail-ins, capital controls, currency debasement and other risks posed by another financial crisis.

 
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China’s Central Bank Buys Another 14 Tons of Gold … Bullion Falls To 3 Month Low





China is playing the long game and they could be low balling their total gold holdings – official central bank reserves and non official, governmental holdings – in order to maintain confidence in their substantial US dollar holdings and to aid their bid to join the IMF.

 
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Worlds Largest Debtor Ever Raises U.S. 'Debt Ceiling' ... Again





"The truth is, the debt ceiling doesn’t actually limit government spending. It’s a farce. Every time government debt gets close to the debt ceiling, Congress just raises it.”

 
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Bitcoin Surges 55% In Month - Chinese Moving Capital Into Bitcoin and Gold





Bitcoin is an easy way for people to swap out of yuan. Goldman Sachs analysts estimated earlier this year that 80% of bitcoin volume is exchanged in and out of the Chinese yuan. Once converted to bitcoin, the owners can then swap back into other fiat currencies and indeed physical gold.

 
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"Great Optimist" Faber Says "I Added To My Gold Position"





In an interview on CNBC's "Trading Nation," the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is actually a “great optimist.”

 
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Apocalypse Now: Has Next Giant Financial Crash Already Begun?





“A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster”.

 
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Gold Selling “Malevolent Force”? – Dennis Gartman





Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.

 
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Gold Up 3% In October and Enters “Seasonal Sweet Spot”





Gold is up 3.1% in October and had even larger gains in other currencies. Entering gold’s “seasonal sweet spot” in November, December, January and February.

 
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London Property Bubble Set To Burst - UBS and Deutsche Warn





A bursting of property bubbles in London and New York would be expected to have an impact on national economies and indeed on national property markets. Sentiment would be badly impacted. Caution should be the order of the day.

 
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“Ignore The Noise” & Focus On The Fact That Central Banks “Remain Extremely Accommodative”





Gold will also be vulnerable towards the end of an interest rate tightening cycle as was the case in January 1980. Today, central banks including the Fed  are having difficulty raising interest rates in even a small nominal way.

 
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