By: Ben Traynor, BullionVault London Gold Market Report THE U.S. DOLLAR gold price climbed to $1617 an ounce Friday morning London time – 0.7% off Wednesday’s all-time high – as stocks and commodities…
Tag: gold bullion
Gold Choppy, US Reaching “End of Empire”, Investors Have “No Safe Havens Left”
By: Ben Traynor, BullionVault London Gold Market Report THE PRICE to buy gold in US Dollars oscillated Thursday morning London time – soaring to just under $1620 an ounce before easing back – while…
What Didn’t Change When Nixon Cut the Gold Link
The monetary system that dates back to August 1971 shares one vital trait with its predecessor… “LET ME lay to rest the bugaboo of what is called devaluation,” Richard Nixon told his…
Gold Breaches $1625, US Ratings Downgrade Now “Almost Certain”
London Gold Market Report U.S. DOLLAR gold bullion prices hit a new intraday record high of $1625 an ounce in Wednesday’s Asian trade – a 1.5% gain on Friday’s close – before easing…
US Housing in Gold: 1 Comex Bar Only
Inflationary or deflationary depression, it’s like the long boom of affordable mortgages never happened… SO IS the U.S. housing market nearing its low? Priced against gold it just might be. Falling hard…
Gold Dips, “Blank Check” Obama Fears “Deep Crisis”, India Now “Hawkish” on Inflation
London Gold Market Report U.S. DOLLAR gold bullion prices fell as London opened Tuesday, but held steady for the remainder of the morning around $1610 an ounce – 0.8% of yesterday’s all-time high….
Gold Breaks Through $1620 with 8 Days Left until US Debt Ceiling “Suicide”
London Gold Market Report THE DOLLAR gold price held steady around $1619 an ounce Monday morning London time – up 1.2% from Friday’s close – just below its new all-time record of $1623…
Great Defaults from History, Part 372: The English Experience c.1300
By: Adrian Ash, BullionVault Money, once dear to bankrupt kings, is now at 3.5% for 30 years… SO in 1294, English king Edward I fell out with Philip IV of France –…
Gold & Silver Rise as “Default-Event” Greek Rescue “Only Delays the Reckoning”
London Gold Market Report WHOLESALE PRICES to buy gold rose to $1597 per ounce Friday morning in London – some 0.7% below Tuesday’s new record high – as global stock markets, commodities…
Gold near $1600 as Fed Plans for US Default and “Euro Gravediggers” Meet in Brussels
London Gold Market Report U.S. DOLLAR gold bullion prices hovered around $1600 an ounce Thursday morning London time – 0.6% off Tuesday’s all-time high – as stocks and commodities dropped ahead of the…