Hints and tips:
...I am also enjoying watching The Gold, a BBC series pegged on the 1983 Brink’s-Mat bullion robbery at Heathrow airport....
...Mocatta, long the largest gold bullion dealer, is being unwound and shut down by Scotiabank. JPMorgan, the leading US bullion bank, is ever more reluctant and slow to take on new counterparties....
...The London Bullion Market Association said on Tuesday that there had been some impact on liquidity arising from price volatility in Comex 100-ounce futures contracts....
...Bullion slipped $10.47 to $1,328 a troy ounce, its third consecutive trading day in decline....
...“The sort of people who like bitcoin tend to share similar world views as those of gold,” says Adam Cleary, founder of Bullion Bitcoin and director of the UK Digital Currency Association....
...“Gold prices are what they are because of the faith of investors,” says Jeffrey Christian, managing partner of CPM Group, a commodities consultancy....
...“Despite its recent pullback, which has brought into question gold’s status as the currency of last resort, we believe that the case for higher gold prices remains in place,” said Jeffrey Currie at Goldman...
...Furthermore, Jeffrey Lacker, a hawkish Fed official, reiterated on Friday his belief that additional easing risked sparking inflation....
...“We believe that the case for higher gold prices remains in place,” says Jeffrey Currie, head of commodities research at Goldman Sachs....
...In the hours after the chairman of the Federal Reserve spoke, bullion prices tumbled almost $100 an ounce....
...“The consequences of not getting it resolved are significant,” said Jeffrey Molitor, European chief investment officer at Vanguard, the US fund manager....
...Negative real rates are not just a US issue; the same is true in China – where demand for bullion is skyrocketing, bankers say....
...“Gold is a vast market, and it’s not subject to national boundaries,” says Jeffrey Nichols, of American Precious Metals Advisers....
...Not so long ago, hedge funds would send their most junior analysts to the seminars that bullion bankers hosted....
...US crude oil climbed 7.7 per cent to trade at just below $80 a barrel, while gold climbed back above $1,100 an ounce in spite of news of further bullion sales by the International Monetary Fund....
...Jeffrey Currie, commodity strategist at Goldman Sachs, says the outlook for US inflation and interest rates remains the key determinant of gold prices in the medium-to-long term....
...worst recession of the post-war era, we expect the commodity supply-side constraints of the past decade to once again re-emerge, reinforcing the sustainability of higher long-term commodity prices,” said Jeffrey...
...Traders said that bullion had been driven mainly by fluctuations in the dollar as interest from jewellery makers and inflows into exchange-traded funds remained quiet....
...Gold hit $1,068.30 a troy ounce, a record, pushing past the previous peak of $1,061.20 reached last Thursday as bullion’s record-breaking run showed little sign of exhaustion....
...“It’s no longer just gold bugs buying the yellow metal but regular investors and savers rushing for the safety and protection traditionally offered by gold,” said Jeffrey Nichols, managing director at American...
...‘The gold market is telling us that the world economy is in peril,’ said Jeffrey Nichols, managing director of American Precious Metals Advisors....
...Take Jeffrey Nichols, of Metal Advisors, who thinks that central banks’ loans of the metal are what is driving the bullion price down: Gold loans by central banks are an alternative — and invisible —...
...Investors have rushed into gold, buying coins and small bars and bullion-backed exchange traded funds, as they abandon other markets....
...The drop came in spite of fresh inflows into bullion-backed exchange traded funds....
International Edition