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

Harry Dent’s Gold Prediction Invalidated
By: Przemyslaw Radomski, CFA

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
By: GoldCore

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 21 2017
By: Ira Epstein

Bitcoin, Bail Ins And Bullion
By: Mike Maloney

Tactics For The Gold Bull Era
By: Stewart Thomson

 
Search

GoldSeek Web

 
Gold Q&A – How To Allocate, Dollar Cost Average, Rebalance and Store Where?


 -- Published: Friday, 23 October 2015 | Print  | Disqus 

  • Global Economic Outlook
  • History and Role of Gold in Portfolios Today
  • Asset Allocation – Higher Allocations to Gold Justified
  • Dollar Cost Average – Need to Front End Financial Insurance
  • An “ETF Is No Substitute for Physical Allocated Gold in the Vault”
  • Switzerland, Singapore and London are Safest Places to Store Gold
  • Q&A

GoldCore: Global Debt to GDP

Global Debt to GDP – New GFC and Currency Reset Likely

John Butler was interviewed by Mark O’Byrne about gold and the vitally important but little covered aspects of investing in gold such as – higher allocations, how to geometrically dollar cost average, re-balancing gold and of course geographic diversification and the safest locations to own gold.

Butler believes that since the end of the Bretton Woods monetary system, there is a strong case for having higher allocations to physical gold. He warns of the risk inherent in gold ETFs due to the levels of indemnification and legal indemnifications.

“If you read the prospectuses carefully” the gold ETFs are “subject to various forms of force majeures and unforeseen circumstances” and “the gold is not even fully insured.”

“They could be susceptible to fraud” and “there may be no recourse.”

Hence the importance of physical, allocated and segregated gold “outside the banking system”.

The webinar had the ever popular ‘question and answer’ section which is always well received and saw some interesting questions from the participants. Some of which included:

Q: How should an investor approach portfolio rebalancing and gold, should it ever be sold down?

Q: I am a 65 year old retiree. I have much of my pension in stocks and small amount in physical coins (2%), should I buy the Gold ETF and if so what is a good allocation?

Q: If rates start to rise in 2016, what will gold do?

Q: What do you see as the greatest threat to the world economy over the next 5 years, systematic, market, geo political?

Q: Where is the safest place to store metal?

GoldCore: Webinar

The webinar is a must listen for anyone who owns gold or is considering allocating funds to gold.
      John Butler is now a consultant for GoldCore and advising high net worth and family offices with regard to allocating funds to physical gold and institutions with regard to offering their clients precious metals services.

Butler has worked as a global investment strategist for more than 20 years and has advised many of the world’s largest institutional investors, sovereign wealth funds and central banks. He is giving the opening address at the Precious Metals Symposium in Sydney Australia on October 26th and 27th.

He is giving keynote addresses at the Mines and Money Conference in London and at the Gulf Financial Forum in December. He is available to meet to discuss optimal strategies to allocate funds to the gold market today.

Watch Video of the Webinar here

DAILY PRICES

Today’s Gold Prices: USD 1171.55 , EUR 1052.84 and GBP 760.70 per ounce.
Yesterday’s Gold Prices: USD 1166.45 , EUR 1031.30 and GBP 753.94 per ounce.
(LBMA AM)

Gold in USD - 1 Week

Gold in USD – 1 Week

Gold fell by an even $1.00 yesterday to close at $1166.30. Silver fell by $0.13 to close at $15.84. Euro gold rose to about €1050, platinum gained $7 to $1008.

Gold climbed for the first time in three days after the European Central Bank signaled it will likely engage in more QE and may even move to negative interest rates. Draghi’s comments are gold bullish – particularly in euro terms.

GoldCore: Gold in EUR - 1 Week

Gold in EUR – 1 Week

Markets took ECB President Mario Draghi’s comments as a signal that additional easing was coming as soon as December. That weakened the euro against the dollar and gold. Gold in euros priced rose to the highest in three months.

Gold has risen about 5 percent this month as patchy economic data lessened expectations of a U.S. rate increase any time soon. Indeed, there are increasing noises suggesting negative interest rates may be coming in the U.S. and EU.

Gold is now just 0.2% lower for the week in dollar terms and is nearly 2% higher in euro terms. Gold is on track for its best monthly performance since January, with a rise of 5.5%.

Silver’s outperforming again today and is up 1% – it has broken above its 200-day simple moving average at $15.94/oz above the $16/oz level again at $16.08/oz.

GoldCore: Storing Gold in Singapore

Download Essential Guide To Storing Gold In Singapore

Mark O'Byrne

| Digg This Article
 -- Published: Friday, 23 October 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.