Blog
Has the IMF Told the World to Buy Gold?
Gold and silver prices have risen sharply over the last month in response to the banking problems, a lower dollar and the expectation that central bank policy will ease in coming months. And the latest from the IMF suggests that there is more to come. If the IMF (International Monetary Fund) forecasts are right, gold […]
Gold heads over $2,000 as we head into lost decade
The big news this week is that gold has popped back up over $2,000. When it will exceed its all–time high of $2,070 is as yet unknown but the pieces are lining up to send it well on its way. This week we look in depth at what poor economic policies mean beyond interest rates, […]
3 Reasons Why Patrick Karim is Bullish on Gold
GoldCore TV viewers absolutely love it when we have Patrick Kerim on the show. Last time Dave Russell spoke to him things were looking very different to how they are today, and that was just three months ago. So with Q1 behind us and Q2 already flying by we thought it would be great to […]
The Fed is now in a tug-of-war between fighting inflation and saving the banking system
It feels as though we have had a few days off when it comes to news of bank failures, collapses and ‘rescues’. But, do not be lured into a false sense of security, very little is resolved and problems are systemic across the financial system. Below we discuss the fragilities exposed by the collapse of […]
Central banks: “We Are Invincible!”…Markets: “Hold My Beer”
Central banks seem to be on a credibility drive at the moment. Last week it was the ECB, yesterday it was the Fed and today it was the Bank of England. All of them are on a mission to reiterate their approach of ‘because I said so!’ when it comes to raising rates. It seems […]
Has gold finally caught fire?
From the desk of GoldCore CEO, Stephen Flood This morning gold moved above $2,000/oz. The previous intraday high (seen in 2020) was $2,080. If you saw our recent interview with Patrick Karim then you might be recalling his comments that a close here on a monthly basis would signify a break of a trend line […]
After the euphoria and profit taking comes the panic
This week everyone has been reminded why they choose to invest in gold and buy silver. As markets reacted to Silicon Valley Bank’s demise, the near-collapse of Credit Suisse and the ensuing panic of policymakers, investors and depositors, gold, and silver have come to the fore. Why did they climb in the price? Because this […]
Are gold and silver the only ones who know what they’re doing?
Gold and silver prices are significantly higher today as markets expressed concern over the US banking system and the desperate measures being taken by officials to keep the ship afloat, amidst contagion fears. When the ranking member of the US House Financial Services Committee goes on CNBC to reassure markets about the current turmoil then […]
LBMA crystal balls suggest further gold and silver price gains
Each year professional analysts and forecasters shine up their crystal balls to submit their precious metal price forecasts to the LBMA. The contest is to be the most accurate predictor for the gold price average for the year; the analyst with the closest average price for the year wins a 1oz. gold bar. The 2023 […]
