What will AI do to life as we know it? This is the question dominating so many platforms at the moment. From company boardrooms to government debates, the power of AI is something that is scaring and impressing in equal measure. So it was with interest when I spoke to James Rickards about his new book, […]
What has President Trump’s victory done to gold and silver? Well, gold and silver both took a pretty big hit yesterday but this is a ‘news driven move’ according to my guest this week on GoldCore TV. Chris Vermuelen joins us this week, and what a great time to have him on. I asked him if the US […]
How much higher will gold go? Yesterday it was within striking distance of $,2800, and whilst it may have pulled back earlier on today on the back of some technical selling, we believe the next week could hold yet more new highs. The coming days will be pivotal for shaping the future of risk sentiment and consumer […]
Earlier today data on US benefit payments was released and whilst it was weaker than previously, gold did not appear to really respond. Gold appears to have settled itself into a new holding pattern at these elevated levels, so disinterested it appears to be in economic releases. However, we will see what happens tomorrow when Non-Farm Payrolls data […]
What a week. At the time of writing gold is around $2,670 having pulled back slightly better than expected US consumer data. This morning December gold futures hit $2,708. And to think that just three weeks ago Goldman Sachs were saying we might see $2,700 gold next year. Silver continues to delight, reaching the highest price level […]
It has felt like we have been talking about the Federal Reserve rate cut for months and months. Finally we have something to say about it: The Fed decided to cut rates, and they cut rates by 50 basis points. Gold responded in true form and touched another record high. At the time of writing gold […]
Earlier on today the European Central Bank announced a 25 basis point cut as they press on with their plans to bring interest rates down. This move surprised absolutely no one. In response gold has been testing new highs against the euro. At the time of writing it looks like it could push through April’s all-time high. Elsewhere, gold has been testing […]
At the time of writing gold is rallying to session highs, sitting above $2,520. This week is all about US employment data releases, and all the information and inference they bring. Tomorrow is the big one: Non-Farm Payrolls data. Non-Farm Payrolls data is always closely watched but there is a particular focus on this week’s […]
Nearly 30,000 of you have enjoyed our interview with David Hunter, recorded just last Thursday. His ‘conservative’ prediction that gold will reach $3,000 by the end of 2024 seems increasingly likely as the yellow metal continues to hold above $2,500. (If you missed it you can catch up here.) Last week’s speech by Federal Reserve […]
It’s been a busy week of data releases, particularly from the US. July’s US inflation figures were highly anticipated; the data gave a boost to expectations that the Federal Reserve will cut rates in September. Earlier today we also saw the release of better-than-expected jobs data after the number of Americans filing new claims for […]