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Weekly Archives

By: Chris Mullen, Gold Seeker Report - 18 May, 2018

Gold fell $4.90 to $1286.10 at about 9AM ET before it bounced back to $1292.90 in the next couple of hours of trade and then pared back to about unchanged by midday, but it then edged back higher into the close and ended with a gain of 0.05%. Silver dipped down to $16.361 before it rallied back to $16.466, but it then edged back lower in the final minutes of trade and ended with a loss of 0.06%. Full Story

By: GoldSeek.com - 18 May, 2018

COT Gold, Silver and US Dollar Index Report - May 18, 2018 Full Story

By: GoldCore - 18 May, 2018

– Welsh gold and the misconceptions surrounding it – GoldCore speak to China Central Television (CCTV)
– Welsh gold mired in misconceptions, namely that it is ‘rarest’ and most ‘sought after’ gold in world
– Investors to be reminded that all mined gold is rare and homogenous
– Nothing chemically different between Welsh gold and that mined elsewhere Full Story

By: Chris Mullen, Gold Seeker Report - 17 May, 2018

Gold saw slight gains in Asia before it dropped back to $1285.40 in London and then rebounded in New York, but it ended with a gain of just 0.05%. Silver chopped between $16.325 and $16.489 and ended with a gain of 0.43%. Full Story

By: Chris Mullen, Gold Seeker Report - 16 May, 2018

Gold gained $4.30 to $1296.80 in Asia before it dropped back to $1286.50 in London and then bounced back higher in New York, but it still ended with a loss of 0.16%. Silver edged up to $16.342 before it fell back to $16.187, but it then climbed to new session highs into the close and ended with a gain of 0.55%. Full Story

By: GoldCore - 16 May, 2018

Back in early 2016 I called oil my “trade of the lustrum” (a lustrum is a five-year period – it’s an almost criminally underused word). With West Texas Intermediate oil (WTIC) at $33 a barrel, and Brent crude oil at $36, we said “buy, hold and forget”. The wager has been a good one. With the usual wobbles along the way, oil has steadily ground higher so that now, two years on, WTIC stands at $71 and Brent at $79. Full Story

By: Chintan Karnani, Insignia Consultants - 16 May, 2018

North Korean’s moving away from peace talks after hints of regime change moves by the Americans should limit the fall in gold and silver today. Long term investors will also be using the fall in gold and silver to start investing. American are known to press for regime change. North Koreans are rightly cautious. Full Story

By: Chris Mullen, Gold Seeker Report - 15 May, 2018

Gold fell $24.80 to $1288.70 by midafternoon in New York before it bounced back higher into the close, but it still ended with a loss of 1.6%. Silver slipped to as low as $16.204 and ended with a loss of 1.45%. Full Story

By: Chris Mullen, Gold Seeker Report - 14 May, 2018

Gold gained $3.40 to $1322.30 in Asia before it chopped back to $1318.10 in early New York trade and then bounced back higher at times, but it then fell back off again into the close and ended with a loss of 0.41%. Silver slipped to as low as $16.499 and ended with a loss of 0.9%. Full Story

By: GoldCore - 14 May, 2018

Leaders of the radical Five Star Movement and the anti-euro Lega party have been meeting to put the finishing touches on a coalition of outsiders, the “nightmare scenario” feared by foreign investors and EU officials in equal measure. The unlikely allies vow a blizzard of contentious measures, threatening to cancel VAT rises, overturn key market reforms, introduce a universal “basic income” for the poor, and launch a fiscal blitz in open defiance of EU spending rules. Full Story

By: Chintan Karnani, Insignia Consultants - 14 May, 2018

The US wants a major chunk of the investments in North Korea if a deal is reached on nuclear disarmament. This is my view for North Korea. Iran wanted to abandon the US dollar for crude oil pricing with cancelling of nuclear deal as a fall out. Trump further has reversed the ZTE Corp order so that it can negotiate with the Chinese. Gold bulls are caught between the devil and deep sea. On one hand Korean peace and temporary resolution of the ZTE issue is bearish for gold. Iran and rising crude oil prices will ensure that gold prices rise albeit at a snail’s pace. Full Story




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