GoldCore's blog
Gold Up Before Federal Reserve – Myth Of All Powerful Central Bank Continues
Submitted by GoldCore on 09/17/2015 10:46 -0500The simple fact that the Fed is struggling to increase interest rates from near 0% after seven long years should give pause for concern. It underlines the vulnerability of the U.S. economy and means that another recession is very likely. Indeed, the huge levels of debt at all levels of U.S. society and the significant increase in global debt levels during the last seven years mean that another recession is almost certain.
Gold Near Highs In Currencies Globally - Terrorism, War and Currency Devaluations
Submitted by GoldCore on 09/17/2015 04:26 -0500Today, most of the developing world, tomorrow most of the developed world. Today Ukraine, Syria, South Africa and Brazil. Tomorrow Ireland, Greece, the UK, the EU, other Middle Eastern and African nations and the U.S. (see important charts)
"That is real gold. The alternative is paper gold...other people's promises."
Submitted by GoldCore on 09/15/2015 06:01 -0500This gold coin 2000 years ago buys the same amount of bread today as it did when Jesus Christ was born. That is a real safe haven asset…
Silver Bullion - “Brave Contrarians” Will Again “Earn Fortunes”
Submitted by GoldCore on 09/14/2015 06:08 -0500Silver is poised to see massive buying. Brave contrarians willing to buy silver and its miners low before this becomes widely apparent stand to earn fortunes.
Risk Of “Economic Totalitarianism” From “Cashless Society”
Submitted by GoldCore on 09/13/2015 13:53 -0500- Bail-ins, withdrawal limits and negative interest rates may be imposed - FT proposes a ban on “barbarous relic” cash - Central banks and banks would have citizen's wealth and people themselves “completely under their control” ...
Geopolitical Risk, Significant Chinese Demand Supporting Gold
Submitted by GoldCore on 09/11/2015 07:30 -0500Fostering dependence on irresponsible banks and a still very vulnerable banking sector will make the entire western financial and economic system even more vulnerable.
Gold Bullion Allowed As Collateral in China
Submitted by GoldCore on 09/10/2015 08:18 -0500This development is an important one for the gold market and is bullish for gold. It shows, once again, that gold is slowly but surely becoming a cash equivalent and as money again.
Britain’s £173 Billion “Debt Timebomb”
Submitted by GoldCore on 09/09/2015 06:59 -0500Silver premiums continue to move higher, while premiums on gold have remained steady. UK households are sitting on a £173 billion debt time bomb after once again being lured into a spending splurge by banks and credit card companies.
China Buys 16 Tons Gold In August – Dumps $94 Billion
Submitted by GoldCore on 09/08/2015 08:09 -0500The People’s Bank of China (PBOC) added another 15.98 tonnes of gold in August – at the same time its foreign exchange reserves fell a whopping $94 billion.
Have 10% of Wealth In Gold As “Fire Insurance” - Rickards
Submitted by GoldCore on 09/07/2015 07:02 -0500Rickards said that gold is like “fire insurance on your house” ... “Nobody wants their house to burn down but if it does you are glad you have some insurance”.
Will Uncle Sam Confiscate Gold Again?
Submitted by GoldCore on 09/04/2015 06:43 -0500Large pools of gold in indebted nations will be vulnerable. Pool accounts, digital gold bullion vaulting providers and depositories in the UK and the US might have their companies and assets nationalized and have their clients gold and silver bullion confiscated.
“No Safe Assets Anymore” So “Focus On Precious Metals” – Faber
Submitted by GoldCore on 09/03/2015 07:40 -0500Respected economist and historian and the editor of the ‘Gloom, Boom & Doom Report’ Marc Faber warned on Bloomberg TV’s Market Makers yesterday that there are now “no safe assets” including deposits and said that he is focusing “on precious metals.”
Gold Coin Sales Surge 306% YoY In August, Silver Sales More Than Double
Submitted by GoldCore on 09/02/2015 07:46 -0500Stocks in Asia and Europe have fallen sharply again this morning and gold remains robust on safe haven demand
Gold Up 3.5% In August, Stocks Fall 6% to 12%
Submitted by GoldCore on 09/01/2015 06:32 -0500Gold rose 3.5% in August as stocks globally saw sharp falls on growing concerns about the Chinese and the global economy.
Gold Set for Best Month Since January as Stock Market Rout Lifts Safe Haven
Submitted by GoldCore on 08/31/2015 08:05 -0500Premiums on silver coins have risen again - from 22% on Friday to 28% today.


