Gold Silver Reports – Australia pledged to continue to support allies seeking to curb North Korea efforts to build a nuclear arsenal after Pyongyang warned of the risks of siding with President Donald Trump’s administration.
Tillerson Pledges Diplomacy With North Korea ‘Until the First Bomb Drops’
Gold Silver Reports – Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.”
London Gold Crown Is Slipping
Gold Silver Reports – London Gold Crown Is Slipping – London is losing its Midas touch. New rules from regulators, on top of uncertainties over the U.K.’s future relationship with the European Union, are denting the city’s position as the biggest center for gold trading in the world. The changes threaten to push up costs, a key competitive advantage of London’s over-the-counter market.
Gold Spot Outlook October 13, 2017
Gold Silver Reports – Gold Spot Outlook October 13, 2017 – Gold markets rallied initially during the day on Thursday, reaching towards the $1308 level but finding a significant amount of resistance. We rolled over from there and reach down towards the 24 hour exponential moving average, as the market found buyers near the $1277 level.
Where Gold Trade Goes If London Loses Its Grip
Gold Silver Reports – Where Gold Trade Goes If London Loses Its Grip – London is facing challenges on multiple fronts to its centuries-old status as the place where the world trades gold. Two U.S.-based exchanges, CME Group Inc. and Intercontinental Exchange Inc., have created new ways of buying and selling precious metals. So has the London Metal Exchange.
Bitcoin Mania Takes Off as Cryptocurrency Surges Past $5,000
Gold Silver Reports – Bitcoin bubble or just the beginning? Or both? Those are the questions being asked on Wall Street to Main Street after the digital currency breached $5,000 for the first time, pushing this year’s gains to more than fivefold.
Gold Spot Price Report and Forecast – Neal Bhai Reports
Gold Silver Reports – Gold spot markets initially went sideways on Wednesday, but did drop a little bit as we started reach towards the end of the day. I think that it’s only a matter of time before the buyers return though, unless of course the FOMC ends up being very hawkish, which would be positive for the US dollar.