Presidential elections are inherently times of uncertainly, and in such times of political upheaval the price of gold has historically increased, sometimes at a slow climb and at other times—top speed. While the ultimate impact of this year’s presidential election remains to be seen, a review of prior elections may help inform what’s to come.…
Election 2016 and the Impact on Gold CoinsDetailsIt’s a tale of two markets: gold futures ended May with the biggest monthly decline since November but physical demand saw a significant increase from last year. Sales data compiled by the U.S. Mint shows that a total of 95,000 ounces of gold were sold in May, up more than 206% from 31,000 ounces sold…
May Gold Coin Sales Increase More Than 200% from Last YearDetailsGlobal policymakers have been warned by the Organisation for Economic Co-operation and Development (OECD) to “act now” to prevent “persistent and sluggish growth” and another economic downturn as it downgraded its global growth forecasts. In the OECD’s latest economic outlook published on Wednesday, the organization said that global growth had “languished over the past eight…
'Act now or risk another deep downturn,' OECD warns policymakersDetailsThe world of buying gold isn’t always easy to decipher, especially if you’re new to the endeavor. Learn what seasoned gold buyers are keeping top of mind in 2016 and what they may be doing to help plan for and maintain their portfolios. #1 Research, seek referrals & maintain privacy The best gold buyers do…
5 Secrets to Buying Gold in 2016DetailsYale University Economics Professor and Nobel Laureate Robert Shiller warns that no amount of regulation can really protect the world from the next financial crisis because human nature is unpredictable. “The international regulatory framework has changed for the better since 2008, but no such changes can anticipate all the kinds of change in narratives that…
Yale's Robert Shiller: No Regulation Can Stop Next Global Financial CrisisDetailsGold prices seem to move in mysterious ways, but over the long term, a few forces account for most of these price changes. For those of us who buy gold and and hold onto it for a year or longer, these are the most important factors to bear in mind as we make our financial…
The Price of Gold: Demystified by Philip N. DiehlDetailsChina is buying one of London’s biggest gold vaults. The Chinese state-owned ICBC Standard Bank (IDCBF), the world’s biggest bank by assets, has agreed to buy Barclays precious metals storage business, including its state-of-the-art storage facility in London. The deal will boost China’s access to London’s gold market, and expand the country’s role in the…
China to Buy $90 Billion Gold Vault in LondonDetailsChina is buying one of London’s biggest gold vaults. The Chinese state-owned ICBC Standard Bank (IDCBF), the world’s biggest bank by assets, has agreed to buy Barclays precious metals storage business, including its state-of-the-art storage facility in London. The deal will boost China’s access to London’s gold market, and expand the country’s role in the…
China to Buy $90 Billion Gold Vault in LondonDetailsInvestors pulled a whopping $44 billion out of the stock market in the past five weeks. Amid the recent volatility in the markets, investors have been pulling funds out of equities. “The 2015 retreat from US equities by retail investors appeared to be fading as 2016 got off to a less onerous start,” Credit Suisse’s…
Bank of America: We are Witnessing a Stock Market 'Exodus'DetailsLast quarter marked a 30-year high for gold, which is already up 18 percent this year. That kind of growth makes it the best performing major asset of 2016, according to Bloomberg. Recent surges are more than encouraging for gold buyers and holders; historically speaking, gold has maintained a positive return in 12 of the…
Should I Buy Gold Locally?DetailsLegendary billionaire investor Stanley Druckenmiller told Sohn Investment Conference attendees to sell their equity holdings Wednesday. “The conference wants a specific recommendation from me. I guess ‘Get out of the stock market’ isn’t clear enough,” said Druckenmiller from the conference stage in New York. Gold “remains our largest currency allocation.” The billionaire investor expressed skepticism…
Druckenmiller: Get out of the Stock Market, Own GoldDetailsWith persistently low interest rates around the globe, billionaire investor Warren Buffett told CNBC on Monday he’d consider taking money out of banks, especially if negative interest rates result in customers being charged to park their money in accounts. “There could be a point where you’d really want to start withdrawing currency,” Buffett said in…
Buffett: I Might Consider Taking Money Out of Banks If They Charge for DepositsDetails
