Gold Price Hits New Record After LBMA ‘Shortage’ Claims
The strain on gold inventories is causing an increase to the gold price and loss of credibility with the London gold market.
Gold Spot Price
Gold Inflows Totaled 2,575 Tons Over the Past Five Years
The bullish case for gold and silver is underpinned by steady demand from central banks and private buyers and limited new discoveries.
Federal Reserve Announces First Rate Cut in Over 4 Years
Today, the Federal Reserve announced their decision to cut interest rates by 50 basis points (0.5%), marking the first rate since the early days of the COVID-19 pandemic.
HSBC, Bank of Nova Scotia & Deutsche Bank Win Dismissal of Silver Price Manipulation Litigation
The litigation began in 2014 with the government accusing the banks of being involved in a multi-bank trading conspiracy to manipulate the price of silver. On Monday, U.S. District Judge Valerie Caproni in Manhattan dismissed the case against HSBC and Bank of Nova Scotia. In 2016, Deutsche Bank settled with the government for $38M in … Read moreHSBC, Bank of Nova Scotia & Deutsche Bank Win Dismissal of Silver Price Manipulation Litigation
Gold Price Jumps on CPI Report
The latest report shows modest slowing of inflation in December, with the index showing that overall prices increased roughly 6.5%.
BRICS: A New Global Gold Standard
Gold has been an instrumental component of the economy since before the American Revolution. Our founding fathers had the forethought to include gold and silver coins in the Constitution. A metallic standard was a central foundation for the economy in the United States based on gold and silver coins. The US Mint was established on … Read moreBRICS: A New Global Gold Standard
Numerous Criminal Convictions Proves Precious Metals Price Manipulation
As controversy and scandal continues to plague the LBMA and banks affiliated with the bullion trading cartel, the Eurasian Alliance is pushing for the creation of a new bullion trading system that offers a new pricing infrastructure to help facilitate emerging markets. The most recent scandal at the LBMA includes the criminal conviction of former … Read moreNumerous Criminal Convictions Proves Precious Metals Price Manipulation
Moscow World Standard Driven by Corruption in the LBMA
Gold reserves are a key component of central banking and are pivotal to the backing of and supporting a country’s currency, both for its domestic economy and foreign trade. For decades, Russia has been increasing their gold reserves and central bank holdings. The reported amounts of gold held in reserves have varied depending on the … Read moreMoscow World Standard Driven by Corruption in the LBMA
What Is COMEX?
COMEX is a commodities futures exchange where the supply of future raw materials and other goods is traded for delivery in the future. KEY HIGHLIGHTS COMEX is an electronic trading platform that allows investors and brokers to trade futures contracts on a variety of consumable resources, both man-made and natural. Oil, pork bellies, orange juice … Read moreWhat Is COMEX?
How To Buy Gold at Spot Price
Investors are always look for the best price on gold coins and bars, preferably at spot. Understandably, everyone wants to pay the lowest price possible when buying precious metals. The lower the price, the higher the potential return on your investment. There are a variety of online dealers that offer gold at spot price deals … Read moreHow To Buy Gold at Spot Price