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The Mesh Report - 3/19 - The Gold Enthusiast

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Gold Price News: Examining Russia’s GLD Binge

Gold Price News: Examining Russia’s GLD Binge

Mike Hammer June 21, 2017 Comments Off on Gold Price News: Examining Russia’s GLD Binge

After adding “only” 6.2 tonnes of gold to their reserves in April, Russia went on a shopping spree in May.  Actually, binge is the appropriate word.  Let’s face it, you don’t just buy 21.8

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Gold Price News 2017: GLD Rises in London & Sinks in US

Gold Price News 2017: GLD Rises in London & Sinks in US

Mike Hammer June 20, 2017 Comments Off on Gold Price News 2017: GLD Rises in London & Sinks in US

Gold prices rose slightly in London trading today as the US dollar went flat.  The almighty dollar, if you haven’t been keeping track (such as by looking at the chart of UUP), dropped slightly then

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Gold Price News: Are Certain Events Impacting GLD?

Gold Price News: Are Certain Events Impacting GLD?

Mike Hammer June 19, 2017 Comments Off on Gold Price News: Are Certain Events Impacting GLD?

Most folks believe interest rate hikes drop the price of gold, due to investors wanting something that pays interest.  But does that belief bear out over time? The answer is a resounding NO.  Today’s

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Federal Reserve Impact On Gold Goes Grim [DETAILS]

Federal Reserve Impact On Gold Goes Grim [DETAILS]

Mike Hammer June 15, 2017 Comments Off on Federal Reserve Impact On Gold Goes Grim [DETAILS]

Janet Yellen and most members of the Fed turned hawkish Wednesday, raising interest rates and signalling another hike for 2017.  This, after nine years of “we’re not sure the economy is strong enough” while

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Demand For Gold Is Up In England, India & China (Details)

Demand For Gold Is Up In England, India & China (Details)

Mike Hammer June 14, 2017 Comments Off on Demand For Gold Is Up In England, India & China (Details)

While we wait for the Fed’s interest rate announcement this afternoon, let’s take a moment to look around.  Demand for gold is up in England following last weeks’ elections, with gold up about 2%

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How to Trade As the Fed Interest Rate Decision Looms

How to Trade As the Fed Interest Rate Decision Looms

Mike Hammer June 13, 2017 Comments Off on How to Trade As the Fed Interest Rate Decision Looms

Gold trading in the US has been muted the last several days heading into the Fed interest rate decision tomorrow (Weds 6/13). No great surprise given the fundamental relationship between interest rates and gold,

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Germany Repatriates Its Gold: Does It Really Exist? [Video]

Germany Repatriates Its Gold: Does It Really Exist? [Video]

Mike Hammer June 12, 2017 Comments Off on Germany Repatriates Its Gold: Does It Really Exist? [Video]

Readers of The Gold Enthusiast know we’ve been following this story all along.  For those new to these pages: In 2012 Germany voted to repatriate much of its overseas gold horde, citing worries that

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When Black Swans Aren’t Golden

When Black Swans Aren’t Golden

Mike Hammer June 9, 2017 Comments Off on When Black Swans Aren’t Golden

This Friday morning feels like a good time for a bit of an exploratory ramble.  Grab your favorite beverage, sit back, and enjoy the ride.  It’ll be relatively short, but not brief. Seems like

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Gold Pops In Price Due to Brexit?

Gold Pops In Price Due to Brexit?

Mike Hammer June 8, 2017 Comments Off on Gold Pops In Price Due to Brexit?

UK government is all about building coalitions – working groups that can get things done.  British Prime Minister Theresa May called a special election to try to get more votes on her side of

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China Shows ‘Increased Demand For Gold,’ Details

China Shows ‘Increased Demand For Gold,’ Details

Mike Hammer June 7, 2017 Comments Off on China Shows ‘Increased Demand For Gold,’ Details

Once the world’s poster child for economic expansion, China is now facing the after-effects of their enthusiasm. Over-expansion fueled such projects as ghost cities still empty, but widespread prosperity hasn’t happened yet. Without growth

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