Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 1% and 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 17 2017
By: Ira Epstein

Next-Generation Crazy: The Fed Plans For The Coming Recession
By: John Rubino

COT Gold, Silver and US Dollar Index Report - November 17, 2017
By: GoldSeek.com

Gold Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Bonfire of the Absurdities
By: John Mauldin

The Social Security Inflation Lag Calendar - Partial Indexing Part 1
By: Daniel R. Amerman, CFA

Rob From The Middle Class Economics
By: Gary Christenson

GoldSeek Radio Nugget: John Williams and Chris Waltzek
By: radio.GoldSeek.com

The Metals Market Is A Mess And Will Likely Continue To Frustrate You
By: Avi Gilburt

 
Search

GoldSeek Web

 
Flights to Quality


 -- Published: Monday, 19 January 2015 | Print  | Disqus 

Precious metals Market report by Roland Khounlivong, GoldMoney, Head of Dealing and Settlements

 

It is pleasing to see precious metals in favour as 2015 gets underway in earnest. Whilst ‘quality’ might be a subjective term, it seems to have been applied, in my opinion quite rightly, to gold, silver, platinum and palladium by investors looking to protect themselves from a start-of-the-year volatility storm in other asset classes. In the wider commodity world, oil and copper prices are still languishing whilst precious metals have shown their value to investors as a stand-alone and increasingly non-correlated asset class. I think this should be considered as bullish.

as at 13:00 GMT 2015-01-15 

Further cheer should be taken from the fact that precious metals are finding support even against a deflationary landscape and weak global growth forecasts. I recognise that some of the positive price action can be attributed to a fall in the US Dollar, following a market revision to the timetable for US rate rises, but maintain that the shine of gold, silver, platinum and palladium is being recognised as an effective solution for portfolios.

As part of the ‘risk off trading’ this week, demand for government debt has seen yields reaching record lows and going below zero in some instances: investors paying more than par for 5-year bonds issued by Switzerland, Finland, Japan and Germany, for example.

All of this week’s activity has re-enforced the notion that precious metals, with their unique properties as an asset class, should be considered by investors looking to diversify their portfolios.

ends

NOTES TO EDITOR

For more information, and to arrange interviews, please call Gwyn Garfield-Bennett on 01534 715411, or email gwyn@directinput.je

GoldMoney is one of the world’s leading providers of physical gold, silver, platinum and palladium for retail and corporate customers. Customers can trade and store precious metal online easily and securely, 24 hours a day.

GoldMoney stores around $1.2billion of precious metals worldwide for over 20,000 customers.

GoldMoney has offices in Jersey and Hong Kong.  It offers its customers storage facilities in Canada, Hong Kong, Singapore, Switzerland and the UK provided by the leading non-bank vault operators Brink's, Via Mat, Malca-Amit, G4S and Rhenus Logistics.

Historically gold has been an excellent way to preserve purchasing power over long periods of time. For example, today it takes almost the same amount of gold to buy a barrel of crude oil as it did 60 years ago which is in stark contrast to the price of oil in terms of national currencies such as the US dollar.

GoldMoney is regulated by the Jersey Financial Services Commission and complies with Jersey's anti-money laundering laws and regulations. GoldMoney has established industry-leading governance policies and procedures to protect customers' assets with independent audit reporting every 3 months by two leading audit firms.

Visit www.goldmoney.com. 

Follow the GoldMoney Dealing desk team on Twitter: @goldmoneyupdate


| Digg This Article
 -- Published: Monday, 19 January 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.