Blog
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 […]
This Will Be The Biggest Theft of This Century
In 1983 a total of 6,840 gold bars were stolen from a high security vault in Heathrow in what is still considered to be ‘the crime of the century’. 40 years on and the gold heist is still the biggest single-theft of gold in history. What’s incredible is that the perpetrators never even expected to […]
What happens if the debt ceiling raises
It’s that time again when the US government has to prepare itself for an internal battle to raise the debt ceiling so it can meet various obligations. This is a merry dance that has been danced before, as we mention below. For sure, every time it happens fewer and fewer people are convinced of the […]
Here are three things you can learn from the Fed
Anyone who has decided to buy gold, or follows the gold price will be aware of how powerful the US Federal Reserve is. This year the Federal Reserve will turn 110 years old, only in recent years is dollar hegemony appearing to falter. Below we look at the central bank’s origins and three lessons we […]
Your Wealth Will Save Central Banks!
Today we ask, what is wealth? As we start a new year many will be looking at their portfolios and wondering what 2023 will have in store for them. Similar to 2022, we suspect there will be a lot of unknowns. As with anything unforeseen, it’s a good idea to have some insurance. This is […]
The 5,000 year History of Gold and Silver
Throughout 2022 Goldcore has been reminding readers that physical gold and silver investment is the best way to avoid the damaged systems run by governments. We have reminded readers that precious metals have no counterparty needed to vouch for or to approve their value, a fact which keeps them outside of the ‘system’. Next week […]
Gold, Rate Hikes and The Central Bank Illusion?
They say Christmas is a time for giving, and this is exactly the approach of central banks this year. Last week four central banks gave us interest rate hikes alongside hints at future hikes. This was as expected but what no one quite expected was the new counterintuitive approach they seem to be taking. This […]
