GoldCore

Are you considering investing in #silver but not sure if it's a smart move? Let's find out. Silver is often seen as a safe haven investment, especially during times of economic uncertainty. It has been used as a form of currency for centuries and is a tangible asset that can provide a hedge against #inflation. However, silver prices can be volatile, so it's important to do your research and understand the market before #investing. Some investors believe that silver has the potential for high returns, especially if there is an increase in demand for industrial uses. On the other hand, others argue that silver may not offer the same level of stability as other assets like gold. Ultimately, whether or not silver is a good investment for you depends on your individual financial goals and risk tolerance.

The gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option. Despite the recent pullback, we maintain our bullish outlook on gold. Pullbacks are a natural part of a long-term uptrend, and historical patterns suggest that gold may still reach new highs this year. The fundamentals supporting gold, such as inflation and geopolitical tensions, remain intact. The current decline in gold prices can be attributed to profit-taking by futures traders and some market uncertainty. However, this should not overshadow the broader bullish trends in the gold market. Factors such as rising bond yields, a strengthening U.S. dollar, and shifting expectations regarding Federal Reserve interest rate cuts have contributed to the recent downturn. Nonetheless, the long-term outlook for gold remains positive, especially considering escalating U.S. debt levels and continued central bank demand for gold as a reserve asset. While short-term market fluctuations may cause concern, gold's status as a hedge against inflation and currency devaluation remains unchanged. Investors may consider utilizing strategies like dollar-cost averaging to capitalize on potential buying opportunities presented by market dips. For more insights on why we believe the gold rally will persist, watch our related video. Additionally, learn about our GoldSaver program, which enables investors to spread out their gold purchases over time for a disciplined approach to investing in gold. Invest in GoldSaver: https://www.goldcore.com/goldsaver

Yesterday the gold price had a bad day, falling by more than 2%. Is this indicative of things to come? We don’t think so. Whilst we may well see some additional pullback, we don’t expect this to be the end of the gold price rally. Currently, gold is stuck between a rock and a hard place, a delicate equilibrium if you will. Investors are torn between the desire to own the safe haven, or rising treasury yields and a strengthening dollar. But the factors that drove the most recent breakout rally, in March, are still very much in place. And this is what we discuss in today’s video: Will The Gold Rally Continue? Jan highlights four key factors that have supported gold’s climb this far, and explains why they remain strong drivers for a further step up in the price. As ever, please let us know what you think. Do you expect the gold price rally to continue? Or do you think we will see a bigger pullback? Like a slingshot, could this pullback be setting it up for even bigger gains? And if the recent price action has you or your friends asking if now is a good time to buy gold, then watch our short video to help you to decide.

It’s been an interesting week in the markets this week. Action in the Middle East has left much of the world appearing as though they are watching a tennis match with heads going back and forth to see what each side’s response will be. Sadly it appears as though this won’t be a case of ‘all talk and no action’. At the time of writing the US and EU look likely to be placing sanctions on Iran, in support of Israel. Meanwhile Western economies and central bankers are slowly coming to the realisation that things are in worse shape that they had appreciated. Jerome Powell has admitted that inflation is not yet under control and the Bundesbank has described Germany’s economy as ‘weak at its core.’ I interviewed Crag Hemke earlier this week. At a time when many gold investors are feeling increasingly vindicated it seemed apt timing to speak with someone who has been writing his markets blog (and discussing gold investment) for nearly fifteen years. As he says in the interview, he has been calling for gold to reach these prices for some time. And, he expects to see it take another step up, in the coming weeks. Those of you who are also interested in the miners, should be sure to listen to his own analysis on their performance. He has some strong thoughts on Newmont! Buy Gold Coins

What a week it has been since our last newsletter. Gold has not let us down and remains firmly above $2, 300. Silver is also finally rolling its sleeves up and getting in on the action, yesterday it came close to a three-year high. Today has been especially interesting with the ECB decision, following the higher-than-expected US inflation data yesterday. Treasury yields shot up to 2024 highs, meaning expectations for an ECB cut were significantly dulled. However, as we have mentioned in our earlier commentary - central bank decisions are not the only ones bearing responsibility for gold's performance. We also look at towards the Middle East where key intelligence stakeholders are concerned Iran is set to fire upon Israel in the coming days. This would bring the six-month conflict up several notches and would no doubt result in increased involvement from the West. So with the ongoing state of flux both politically and economically we bring you three conversations that will at least bring some sense of order to your precious metal investment strategy. In this video, we discuss the current market conditions and whether or not it is a good time to buy gold. With economic uncertainty looming and the price of gold fluctuating, many investors are wondering if now is the right time to add this precious metal to their portfolio. We analyze various factors such as inflation, interest rates, and global events to determine if gold is a safe investment option. Join us as we explore the intricacies of the gold market and provide valuable insights for potential investors.

Gold has continued its run up from $2,300 and shows little sign of abating. Yesterday Jan Skoyles looked at what was behind gold demand right now and today we took a technical perspective when I spoke Chris Vermuelen from TheTechnicalTraders.com. In this very quick debrief we took a look at the present trends and future potential of the silver, gold, miners and oil market cycles. Utilizing technical tools such as Fibonacci extension and retracement, Chris delivers a thorough analysis foreseeing a possible surge in silver prices and sustained bullish trends in gold. Chris is very confident that we'll see $2,600 'plus change' in the very near future. The conversation also addresses the broader influence of market cycles and economic indicators on commodity prices. Right now, things are changing very quickly, across markets. So both Dave and Chris stress the importance of readiness for market volatility and the likelihood of substantial shifts in precious metals and energy stocks due to broader economic and geopolitical factors. If you're wondering if now is the right time to buy gold or the right time to invest in silver then this is a great place to start. It will give you a great oversight of what is going on in markets right now, and give you the confidence to take the next step on your precious metals investment journey!

Gold is up over $2,300 and is showing little sign of changing its mind. Many of you have been asking why we are seeing such a strong performance from the yellow metal. Jan Skoyles has taken a quick look at who could be behind the recent surge in price, and if we can expect it to continue. Let us know what you think. Is the strong demand coming from central banks, or elsewhere? How sustainable do you think the recent climb is? Tomorrow I will be speaking to Chris Vermuelen of The Technical Traders. No doubt he will also be ready to share his thoughts (and charts) to help us to understand what is behind the recent price action. If you have any questions for him, send them our way.

Dive into the fascinating world of gold bullion coins with our latest video on GoldCore TV! In just 5 minutes, we’ll take you through the allure of these precious items, detailing their unique characteristics, gold content, and rich history. Whether you’re a seasoned collector or new to the world of gold investment, this guide has something for everyone. Discover the various gold bullion coins available for purchase and learn what makes each one special. From the iconic American Eagle to the majestic Canadian Maple Leaf, we cover the top picks for investors and collectors alike. Don’t miss out on this golden opportunity to expand your knowledge and perhaps your collection. Remember, investing in gold bullion coins is not just about owning a piece of precious metal; it’s about holding a piece of history in your hands. Join us on this journey and let’s explore the value and beauty of gold bullion coins together.

The Easter weekend is almost upon us. As you start to unwind and begin to enjoy the long weekend you might be pleased to note gold’s performance this week. At the time of writing gold has posted near double-digit gains during a busy day of US economic data releases. This is an important day from a technical point of view, given it is the final day of trading this week, month and quarter. Gold’s performance comes despite data releases that indicate the US economy is faring better than expected. In times gone by one would have reasonably expected gold to falter at the merest hint of stronger-than-predicted data. But we are now seeing a sort of teenager-esque response from gold when it comes to events that one might have previously expected to see a reaction to. It seems to shrug it's shoulders as if to say ‘yeah? And?’. It goes to show that something we have long waited for is perhaps starting to come to light…physical and non-speculative demand for gold is beginning to bear a heavier weight on price action than it has previously. This has been coming for a while. After all, ETF outflows have been on a tear for the past nine months, but this has had little impact on the price of gold. Much of this we can attribute to central bank buying especially by China. Conversations with our fellow LBMA members in recent days have confirmed our suspicions that physical gold is being snapped up by the big investors in the East. Of course, as I mentioned last week, we fully expect central bank demand for gold to continue, and grow. Given the decision by the EU last Thursday to propose the use of frozen Russian Central Bank assets to support Ukraine, this will have surely fired a spark amongst central bankers that they need to secure their assets in ways that cannot result in similar outcomes. Gold is the only answer. And why is it the only answer you might ask? Well let us explain. In this short 4 minute video We explain why gold has maintained its status over thousands of years, as the money of choice. We ask why, of all the metals that can be taken out of the ground, is gold the one that has prevailed as the ultimate currency. And just before I go, please note our Easter trading hours. We are closed tomorrow (Friday 29th March) and will reopen on Monday 1st April at 8am. Have a very happy Easter

Gold broke through $2,200 late yesterday, peaking at $2,220 before moderating around $2,200. At the time of writing this is where it remains. Silver very nearly stole the limelight from gold, as it rocketed up to $25.63 a near 3% climb. The big economic event yesterday was the FOMC announcement, however gold did not react especially dramatically to the initial news that US rates would remain in a range of 5.25% - 5.50%. It was only after the reopen that it leapt up to $2,200, following Powell's press conference. Did it just take a press announcement about US interest rates for gold and silver to start climbing? No, but it was certainly the catalyst to a reaction that has long been taking effect. Gold has been performing very well of late. After all, it wasn't so long ago that we were remarking that it had broken through $2,100. This is because in the background there is plenty going on to support gold's rise. It doesn't take one interest rate announcement to allow gold to find strength. If anything, the yellow metal has become markedly less interested in interest rate announcements in the last year or so. One of the big supporters of the gold price in the last couple of years has been central bank demand. World Gold Council research shows many of the reasons for increasing gold reserves ultimately comes down to reducing geopolitical and currency risk. And there was some key news yesterday that is sure to have central banks even more wary about how and where they hold their reserves. Yesterday, the EU appeared to 'find a way' that would allow frozen Russian Central Bank assets to be used to buy arms for Ukraine - i.e. central bank assets which were frozen are now being repurposed to the benefit of other countries. Aside from where other countries sit on the Russia-Ukraine war, this is likely to sound serious alarm bells. Currently, the ECB prides itself on being a safe haven for other central banks looking to store funds. But now, a precedent is about to be set whereby it is seemingly okay to utilise assets from the central bank of another nation. This completely goes against the role of a safe haven. In short, we expect to see increased demand for gold by central banks and this may well have something to do with the climb in price yesterday. Either way, this will no doubt add even more support to the case to own gold. Despite gold's new headline-worthy price, you might still find there are some naysayers in your life who think this is an archaic investment and a waste of time. Or perhaps you're wondering if you should buy some more gold? If that's the case, then we implore you to watch nuggets of knowledge from legendary investor Jim Rogers in our “9 Jim Rogers Clips That Will Make You Want to Buy Gold”. As always, we love to hear your thoughts. Let us know what you think about the recent hike in gold and silver price, do you think it is sustainable? Do you agree with Jim Rogers's take on events to come?

We’ve got something a bit different for you this week. We bring you the first new look GoldCore podcast, and I’ve persuaded two other precious metal fans (including GoldCore Chairman Stephen Flood) to join me! For the inaugural episode we look at five trends driving the gold price, right now. The gold price recently hit new highs but we can’t help thinking that there’s more to come. With this in mind we picked five topics to discuss, including rising geopolitical risks such as tensions in China and the Middle East, the impact of rising US debt and inflation, and why central banks and investors are increasing gold reserves as a hedge. And listen out for why the gold price may decouple further from interest rates and benefit from a changing global economic landscape. Panda-monium in China, central bank hypocrisy, the start of World War III – there’s so much here but no doubt there’s even more we could have covered. So let us know if there’s anything we missed, or anything you didn’t agree with us on – pop it in the comments or email us. We’d especially love to know if, after watching this, you’ve changed your views on the gold price? Do you think the price of gold has further to go?

With the gold price making headlines once again it can sometimes be a bit too easy for silver to disappear into the background. But this is when it’s even more important to pay attention to the silver price, given its relationship with the yellow metal. So it was with great interest that I spoke to David Morgan, the Silver Guru himself, on GoldCore TV. Astonishingly it’s been nearly two years since we last spoke to David, so as you can imagine there was a lot of ground to cover in this short 30 minute interview. From the gold and silver ratio, to the decoupling of the silver price from gold, to the shortage of silver through to the role of silver as a metal of war. We talk about whether or not silver has been “disenfranchised” as money over the past century in favour of gold. And also take a look at how industrial demand for silver from sectors like solar panels will continue to increase dramatically. So will it be industrial demand or investment demand that serves the silver market best in the future? And is it still the metal of war? We look at geopolitical instability and concerns about fiat currencies as potential catalysts for renewed interest in silver. As ever let us know your thoughts on the interview. Do you agree with David’s outlook on silver? Has this interview got you thinking about your next silver investment? Let us know!

Yesterday gold made headlines as it sailed past the psychological barrier of $2,100. Why did this happen? I spoke to chart expert Patrick Karim, to find out. In this brief 20-minute chat Patrick walked me through the charts, with a particular focus on this leap in the gold price, we also cover what it is that he’s expecting to see in the coming weeks. He reminds us why daily-moves should not be the focus of any gold investor, and how to take these moves with a pinch of salt. The discussion revolves around charts and technical analysis but even if you’re new to this area, Patrick has a great way of breaking down his work. So anyone who is interested in markets and prices can learn something. As ever please let us know your thoughts and comments, we always love to read them. And if you have any questions for future guests, then send them our way.

As ever this is a wide-ranging chat with the financial and global markets expert. His insights into (and contacts within) the geopolitical sphere are fascinating. The conclusions he draws are concerning, but his advice (for gold investors) is reassuring. Whether you’re looking to learn more about the intentions of the BRICs, who will win in the Russia-Ukraine war or how to prepare for the next change in financial order, then this will be a fascinating conversation for you to listen to. Don’t forget to let us know what you thought about the interview. And, if there is anyone you would like us to speak to, email us!