Money Market

2018 to be Good Year For Gold And Precious Metals

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Gold And Precious Metals

2018 to be Good Year For Gold And Precious Metals — Maxwell Gold, Director: Investment Strategy, Etf Securities joined David Ingles and Bryan Curtis, looking at why gold tends to do well in January. He went on to consider inflation expectations, what’s driving palladium and the impact of geopolitics on oil.

South Korea Plans to Ban Cryptocurrency Trading

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South Korea Plans to Ban Cryptocurrency Trading
Ban Cryptocurrency Trading

Gold Silver Reports – South Korea Plans to Ban Cryptocurrency Trading – The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.

Cryptocurrencies Retreat Amid Concern of South Korean Clampdown

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Gold Silver Reports – Cryptocurrencies Retreat Amid Concern of South Korean Clampdown – Bitcoin slumped as South Korea’s justice minister reiterated his proposal to ban local cryptocurrency exchanges, fueling concern that a government crackdown will erode one of the world’s biggest sources of demand for digital currencies.

Gold ETF Starts 2018 With Record Winning Streak as Dollar Falls

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Gold ETF Starts 2018
Gold ETFs

Gold Silver Reports – ✅ The SPDR Gold Shares ETF (ticker GLD) kicked off 2018 with an advance of 1.2 percent on Jan. 2, extending its streak of gains to 11, a record. It retreated slightly at the start of regular trading on Jan. 3, but is still up for the year.  

Coal India Production Target of 600 Million Tonnes in 2017-18

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Coal India Production Target
Coal India Production

Gold Silver Reports — ✅ Coal India Production Target of 600 Million Tonnes in 2017-18 — Coal India may fall short its production target of 600 million tonnes in 2017-18, going by the production pattern during the first nine months of the year.

Global Gold Prices Kiss More Than 3-Month High on Strong Technicals

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Global Gold Prices
Global Gold Prices Kiss More Than 3-Month High

Gold Silver Reports – ✅ Global Gold Prices Kiss More Than 3-Month High on Strong Technicals – ✅ Gold began 2018 on a firm note on Tuesday after prices hit their highest in more than three months, supported by technical factors after breaking above $1,300 an ounce last week.

North Korean Hackers Hijack Computers to Mine Cryptocurrencies

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North Korean Hackers Hijack Computers
North Korean Hackers

Gold Silver Reports – ✅ North Korean Hackers Hijack Computers to Mine Cryptocurrencies – North Korean hackers are hijacking computers to mine cryptocurrencies as the regime in Pyongyang widens its hunt for cash under tougher international sanctions.

Bitcoin Ready For Drop to $5,700 or $8,700

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North Korean Hackers Hijack Computers
North Korean Hackers

Bitcoin fell below $15,000 after the cryptocurrency’s biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.

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