Remember when it was pure tinfoil-hat conspiracy theory to accuse one or more banks of aggressively, compulsively and systematically manipulating the precious metals – i.e., gold and silver – market? We do, after all we made the claim over and over, while demonstrating clearly just how said manipulation was taking place, often in real time….
◆ Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce. ◆ The manager from the world’s biggest hedge fund cited increased income inequality in the U.S. and rising tensions with China and Iran as uncertainties that will prompt more safe-haven buying. ◆ Jensen also believes the Federal…
Shockingly Nice Top Pop Rarity The first issue of Gobrecht’s Liberty Head design, appearing in 1839, is regarded among specialists as a distinct one-year type. The entire obverse portrait is a little more graceful-appearing than on subsequent issues which show a modified bust, with the chief difference being seen in the curvature of Liberty’s neck…
You can add another billionaire to the bullish gold camp as Thomas Kaplan, chairman and chief investment officer of Electrum Group said in a recent interview with Bloomberg that gold is on the cusp of a new decade long bull market. In a preview clip of the interview Kaplan, who is also chairman of Novagold…
Courtesy of ZeroHedge In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer. And not surprisingly, the lion’s share of gold is flowing into central banks of countries that are…
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