Showing posts with label #Gold. Show all posts
Showing posts with label #Gold. Show all posts

Wednesday, 26 February 2025

WHERE IS THE GOLD

26 February 2025WHERE IS THE GOLD?Where is australia's gold We all remember when Germany asked for its gold back, in 2013, and was told delivery would take seven years. Are the countries asking for repatriation of their gold from the LBMA being told the same thing? And if LBMA runs out of gold and goes bankrupt, what happens to the owners of ETFs with unallocated gold? Eg SGLN? SGLN is backed by physical gold, valued at spot...

Wednesday, 12 February 2025

GEOPOLITICS AND THE PRICE OF GOLD & PROPERTY

12 February 2025What happens to economies at the outbreak of warEvery time a war starts, stock markets collapse, there's capital controls, price and wage controls & rent freezes, there's rationing.This is behind my feeling that markets have reached the top.               Has VHVG peaked at 92.30?What affects the price of gold There's three main factors that correlate to...

Tuesday, 11 February 2025

TRUMP'S TARIFFS AND THE PRICE OF GOLD

11 February 2025I feel the markets might have put in highs for the year.Markets don't like tariffs, especially when they could be symmetrical.Trump's just announced 25% on iron an aluminium, "to level up the playing field". It's the purchaser in the US who pays that tariff, so will suppliers eat the tariff i.e. lower their sale price?No, they will get together and find a counter tariff or quota. Will the American companies buying...

Sunday, 27 October 2024

RUSSIA TO CREATE RIVAL METALS EXCHANGE

28 October 2024 The LBMA sets the spot price and the COMEX exchange in new york sets future prices and the two work together to determine the  price of gold. But Russia is done with this.I remember 10 years ago there was a huge scandal because Barclays and a handful of other banks who were charged with setting the price in London were actually colluding. And as a result of that, the whole thing moved on to some electronic auction...

Tuesday, 22 October 2024

WHY GOLD

22 October 2024 Factors affecting the price of gold. Generally, as we saw in a previous post, the price of gold in USD is affected by three factors: interest rates, inflation and risk levels eg geopolitics.https://youtu.be/diQhegS7fPQ?si=5R0lNrjmbIYi6Ocxhttps://youtu.be/Z3F4DJWquL0?si=w25PZbgdAA3CRKEWhttps://youtu.be/PTZ3qAYwYAE?si=GZJVXGvgWpaPunF1The signs are that gold is heading to 3,000 USD a Troy ounce and this is because the...

Friday, 5 April 2024

BUY GOLD

5 April 2024Today, gld went past 40kTHB, opening at 41,150. Seems gld should no longer be considered a simple insurance "in case of", or a buffer against loss of main income to tie you over, it is now a respectable asset class taking its own place in many investment strategies.BUY GOLD IN THAILANDBUY GOLD IN THAILANDPRICEGold is same price everywhere in the world.http://www.goldtraders.or.th/The buy and sell prices of bars and jewellry.https://gold.price-today.info/en/THB/thailand_chiang-mai_chiang-mai/The...