“The new Sharia gold standard is very important as it allows Islamic investors to access and gain exposure to physical gold in a safer and more efficient manner ...”
'Trump Time' - Let the games begin - Massive political uncertainty – President’s conflict with the CIA – ‘Strong dollar policy’ to end as U.S. has $120 trillion plus debt – Trump inherits Bush and Obama’s humongous debt
Gold has risen every day except one so far in 2017, building on the 8.1 percent gain in 2016. Fears of "calamitous self-harm" and contagion in the EU from BREXIT and Trump dollar comments pushing gold higher ahead of "I Day" - Inauguration day ...
Gold prices closed on Obama's inauguration day at $857.25 per ounce. Exactly 12 months later on January 20th, 2010, gold had risen to $1,111.05/oz for a gain of nearly 30% in the first year after Obama’s inauguration.
Whether you like Trump or not, one has to acknowledge that U.S. politics is a complete mess which is impacting America’s standing on the world stage and will impact the dollar ...
Contrary to some media, Prince was no crazy “gold bug” or “Scrooge McDuck” who was “hoarding” gold for Armageddon. Prince’s hard asset portfolio had an allocation to gold of about 2% of his overall portfolio.
Pound fell 2% against gold yesterday after Theresa May created new 'Hard Brexit' concerns. UK Prime Minister bizarrely blamed media and “those who print things” for sterling depreciation
We believe that many of the themes and risks of 2016 continue in 2017 and that they are likely to impact markets in the coming months - especially the precious metal markets
– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven
“140 characters of unfiltered Trump is likely to create tensions .... Markets that are already shaken by the fallout from Brexit, the coming elections in Europe and indeed the increasing specter of cyber warfare could again see a safe-haven bid.”
‘Peak gold’ – Gold found by miners has plunged 85% over past decade. World’s gold production to peak in 2019 and decline. Peak gold’ is happening which has important ramifications for the gold market and is another long term positive.
