Precious Metals

GoldCore's picture

The Trump administration continues to sabre-rattle at global powers and threatens to disrupt the status-quo of international relations. Comments in just 24-hours by Donald Trump and his team have included attacking an Ivy League university, a nuclear power and two of the United States’ key trading partners.

As The Dollar Plunges (Again), Gold Hits 3-Month Highs

After the worst January in 30 years (since Reagan in 1987), the US Dollar is starting February in the same way - plunging. Now at its lowest level since Nov 11th, the greenback has almost entirely erased the post-election gains... and gold is back above $1225.

Deutsche Bank Tumbles On "Very Weak" Q4 Results, Surging Client Redemptions

After staging a remarkable recovery in its stock price since last summer's record lows, nearly doubling from its September price, Deutsche Bank shares tumbled this morning after the bank reported a net loss of €1.89 billion for the fourth quarter, which while better than the €2.12 billion loss one year ago, was a big miss to the consensus expected shortfall of €1.32 billion.

GoldCore's picture

Last week a new phrase was introduced into our lexicon by Trump Adviser Kellyanne Conway. When asked about why press secretary Sean Spicer had made statements that were (according to the press) unverifiable she said that he had used ‘alternative facts’.

The History Of Money (In One Simple Infographic)

The history of money includes many monetary experiments that have taken place since ancient times... Some innovations have stood the test of time – precious metals, for example, have been used for thousands of years. Other experiments didn’t have much staying power. The adoption of strange currencies such as squirrel pelts, cowry shells, or parmesan cheese are only remembered for their peculiarity.

GoldCore's picture

New research confirms that not just gold but also the other precious metals -  silver, platinum and palladium bullion - act as safe havens, especially from 'Economic Policy Uncertainty.' This is something that is particularly prevalent today due to the 'Hard Brexit' impact on the UK and the Eurozone, risk of trade wars and heightened financial and geopolitical risk under the Trump Presidency.

Make Stocks Volatile Again

January tends to show extremes of the market’s perceptions of near term risks, for good or for bad. And we know that at current levels the VIX highlights a complacent market. Does that assure us that things will get choppier from here? Of course not. But to be boldly bullish here is to ignore the historical patterns. And that seems riskier than staying aware of both history and current market dynamics. Based on the level of the economic policy uncertainty in the world, a regression model would have predicted that the VIX would be pushing 30 instead of hovering around 10.