RSSCategory: Articles: General

Webinar About Silver: Outlook For 2013 & Safely Own Silver

| December 12, 2012 | Articles: General

GoldCore organizes a webinar about the outlook for silver in 2013 and what to take into account to safely own silver. The special guest for the event is David Morgan, publisher of the Morgan Report and a worldwide expert on silver. It’s an online only event (webinar) that requires subscription. We will attend and report after the event. The topics that will be covered: The Outlook for Silver in 2013 And Coming Years Silver Seasonality – When To Buy The Safest Way To Own Silver  The webinar takes place on Wednesday, December 12, 2012 from 7:00 PM to 8:00 PM GMT. Subscriptions are open, attendees need to register on this web […]

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Golden End Of Year Gifts – Some Tips

| December 10, 2012 | Articles: General

Christmas is nearing so it’s time for a gift. For precious metals lovers (either you, a friend or a family member), we created a selection of end of year specials by the most respected personalities in the market. David Morgan – The Silver Investor Newsletter The newsletter and market updates of David Morgan’s Silver Investor (also known as The Morgan Report) guarantees qualitative, accurate and in-depth insights in precious metals, money and mining companies. It’s a world class service. By subscribing before December 21, 2012, you lock in lower prices. As a reminder, David Morgan called correctly all but one bottoms and tops in the current gold and silver bull […]

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A Look Inside The Gold Vault Of The Bank Of England

| December 8, 2012 | Articles: General

The following video is really exciting as it shows an amount of gold in one area that almost any individual will see in its whole life. The video crew was allowed to record inside the gold vault of the Bank of England, where gold is vaulted with a value of 315,000,000,000 US dollar ($ 315 billion or £ 197 billion) at the current gold price. Some interesting insights from the video: Each self contains 1 ton of gold, with a value of 56 million US dollar per shelf (at today’s gold price) The large bars weigh 12.4 kg and have a value of 695.500 US dollars (or £ 435,000), worth 2 […]

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Is This A Bullish Sign For Gold

| December 6, 2012 | Articles: General
Is This A Bullish Sign For Gold

From an interesting article on Zerohedge, it appears that Goldman Sachs is advising their clients to “sell gold” as the gold cycle is expected to turn in 2013. The fascinating part of the story is that no additional easing is needed based on the prospects of the growth in the US. That seems a little bit (to say the least) contradictory compared to Mr Geithner who was talking about unlimited debt limits only a week ago. The Zerohedge piece points to another interesting fact, as brought forward by Goldman Sachs: Gold prices have remained range bound in 2012, despite a steady decline in US real rates and rise in central bank holdings […]

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Beware This New Paper Gold Scam

| December 6, 2012 | Articles: General

The regulator in the commodites markets (the CFTC) published a press release on December 5th, pointing to several companies that are involved with paper gold scams. The firms are accused to pretend to sell physical metals, but in reality the transactions do not involved real bullion. That’s a case of pure paper gold scam. This is how the CFTC described the practice in their press release: The complaint further alleges that these statements were false, and that the defendants do not purchase any physical metals, arrange loans for their customers to purchase physical metals, or arrange for storage of physical metals for any customers participating in their retail commodity transactions. […]

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Jim Sinclair Comments On Today’s Gold Market

| December 4, 2012 | Articles: General
Jim Sinclair Comments On Today’s Gold Market

The price of gold and silver price took a dive today during the trading session. Gold in US dollar closed at $ 1,696, somewhat higher than the intraday low at around $ 1,692. The price of silver closed the trading session at $ 32,83, recovering from the intraday low at about $ 32,7. Jim Sinclair reacted today on the evolution of the gold market. As he openly admits, he was crushed by e-mails from people, all asking the same question. Although he didn’t describe the question(s), it seems obvious it had to do with the gold price drop. Here is Mr Gold’s take on the gold market today: There is no […]

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Gold, Silver & Words Of Wisdom For Christmas

| December 3, 2012 | Articles: General

Our day-to-day focus often makes us forget the higher values in our lives. Yes undoubtedly economic and monetary matters are important and an integral part of life. But let’s not forget there is much more. There is gold, there is silver … and just us with the values that we created over time as human beings. With the end of the year nearing, it’s time to take some distance and put things into perspective. Gold and silver carry strong values, but we humans should be proud as we have even more values. Time for some wise words, written by a retired accountant who has been in financial markets for more […]

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Gold & Silver Eagles Top Performers in November 2012

| December 2, 2012 | Articles: General
Gold & Silver Eagles Top Performers in November 2012

November has seen very strong sales in American Eagles, both gold and silver coins. Reuters reported that “November sales of U.S. American Eagle gold coins are set to be the strongest in 14 years as uncertainty surrounding the U.S. fiscal crisis and the presidential election triggered safe-haven buying, dealers said.”  Reuters cites in the same article the opinion of one of the leading dealers in the US: “There is a huge influx of new high-net-worth individuals that are buying a lot of gold, and they are taking physical possession of it,” said David Beahm, vice president of Blanchard & Co, one of the largest U.S. retail coin and bullion dealers. We […]

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Gold’s Outlook For 2013

| November 30, 2012 | Articles: General

In his weekly market commentary, Adrian Ash from BullionVault looks at the prospects of 2013 given today’s situation and this year’s  evolution in the gold market. The piece is short but powerful. It contains valuable insights. Unlike the last 5 years, there has been no panic or crash in the broader financial markets in 2012. Indeed, stock markets globally have risen almost as well as gold since New Year. That breaks a 7-year run of gold beating the US stock market hands down. Gold has only underperformed the S&P500 twice since 1999. It has risen 19.1% per year on average since 2004, versus the US stock market’s 3.8% average rise. […]

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Another Wake Up Call – Hold Physical Gold & Silver

| November 27, 2012 | Articles: General

Our friends at SGTReport and TheLibertyMill created an excellent micro documentary about the threats coming from the financial and monetary world. They focus on the situation in the US, but the ideas are universal. It is meant as a wake-up call for people, especially the ones that are not aware of the graveness of today’s situation. People still have time to prepare for a potentially painful situation to come, but time is ticking and the time left could be limited. It’s better to be prepared way too early than just a little bit too late. The once proud and independent people of the United States have, in large part, been reduced to […]

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Diversify Some Of Your Fiat Money Into Gold Before It Is Too Late

| November 27, 2012 | Articles: General
Diversify Some Of Your Fiat Money Into Gold Before It Is Too Late

Since the middle of October the price of gold has been building some solid support above the $1700 an ounce level. However, it continually came into selling resistance at the $1720 an ounce and then again at the $1740 an ounce. All of this selling pressure can be attributed to the action of traders and especially those on Comex, meaning none of the selling was for hedging purposes and none of it had anything to do with an increase in the supply. Nevertheless, traders were able to influence prices using massive sell orders in this paper market. The gold market then went on hold as it waited for an outcome […]

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Buying Physical Gold & Silver Was Never That Simple But Mind The Risks

| November 24, 2012 | Articles: General

The paper market is some 100 times larger than the physical one. It’s easy to “fall into the paper trap” by investing in of the “gold proxies”. Those are mostly ETF’s that track the price of gold or silver. Our vision here at GoldSilverWorlds is that everyone should have a core gold or silver holding in physical form. We consider it so fundamental, that we think it’s worth repeating once again what we consider the “safe plays”. (1) Purchase of coins or small bars in physical form – the “traditional” method. You need to make sure that the metal is pure. Storage can be a risk, both at home or in the bank […]

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What Is The Gold Standard Exactly?

| November 22, 2012 | Articles: General
What Is The Gold Standard Exactly?

We wouldn’t believe a year ago that even the mainstream media would be talking about “the gold standard” so often as they did over the past few months. Even the number of searches in Google has been increasing, which is a sign that the topic is gaining in “popularity”. Now what exactly is “the gold standard”? Is it correct how most describe it as a state where money is backed by gold? In the latest edition of The Gold Standard Journal, an article appeared in which the author Thomas Allen explores this question in more detail. He goes back in time to provide a well argued explanation. We highly encourage […]

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Paulson Buys Gold & Becomes Largest Shareholder Of GLD ETF

| November 22, 2012 | Articles: General
Paulson Buys Gold & Becomes Largest Shareholder Of GLD ETF

Back in the summer, when the gold price was hovering at its critical juncture at around $1,550, we wrote that smart money like Paulson and Soros was accumulating gold. Obviously the Chinese belong to this group too. It appeared afterwards that smart money prevented the gold price to drop below $1,520, a price point that acted as the ultimate support. Today Bloomberg reported that Paulson has been continuing his gold purchases, mainly via the SPDR Gold ETF. He just became the largest owner of the GLD, based on the Nov. 15 SEC filing. That’s more than remarkable news. These are the figures that give an idea of the magnitude of Paulson’s gold holdings: Paulson currently owns […]

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