Friday, August 12, 2016

Michael Oliver Updates Gold, 
Bonds & Market Indicators
Jay Taylor interviews Michael Oliver who gives the latest on his technical readings for gold, bonds & other significant market indicators .. 10 minutes

1 comment:

Anonymous said...

Royal Mint sees surge in demand for gold bars and coins

The Royal Mint has said that it saw a "surge" in demand for the precious metal following the Bank of England's cut in base rates to 0.25% on 4 August.

During that week the Mint saw a 25% increase in transactions on its bullion website.

It also experienced a 50% increase in sales of gold bars and coins, compared with the previous week.

It is thought investors are turning to gold as cash and bonds offer diminishing returns, exacerbated by lower interest rates.

So far this year, the price of gold has risen by 45% in sterling terms, and 25% in dollar terms.
Record demand

http://www.bbc.com/news/business-37059941