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 […]
We write to you as we approach the end of another record-breaking week. This was the week, of course, when gold proved its mettle and broke through the $2,500 ceiling. The ceiling is both technical and psychological. Why did the price push through $2,500? According to both the LBMA and the World Gold Council it is […]
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 […]
We write to you at the end of another eventful week. The gold price has had a notable one marked by economic data, policy decisions and geopolitical events. We have seen some safe haven buying following the assassination of a Hamas leader in Tehran which has increased the risk of major uptick in military action […]
It was another interesting start to the week this week, with the announcement from President Biden that he would no longer run for another term. We believe that this has significantly changed the dynamics of the US election, and judging by the markets’ reaction, we’re not the only ones who think so. The Presidential race is […]
Gold hit a new all-time high against the dollar this week, buoyed on by speculation surrounding Fed rates and the increasing likelihood of a Trump win. Let’s be honest, it was always going to be an interesting week given it began with the attempted assassination of a presidential candidate. Interestingly gold was down in overnight […]