Peak Gold Cometh – Five Must See Gold Charts

Gold Mining Companies Are Running Out of Gold: Five Must See Charts

  • ‘Peak gold’ – World’s gold production to peak in 2019 and decline
  • Gold found by miners has plunged 85% over past decade
  • Gold mining CEOs turning to deals to combat dwindling reserves
  • Exploration more difficult and firms have cut capex

The reality of peak gold production has recently been acknowledged by Bloomberg and some of the financial media. Yet the mainstream, non specialist financial media has yet to cover this important topic with obvious ramifications for the gold market and the gold price in the medium and long term.

Peak gold production is happening globally which is very positive for gold and gold mining shares. Bloomberg have again covered this important fundamental factor in the market and have done so with an article and five must see gold charts:

“Gold’s had a roller-coaster year, surging as much as 30 percent before giving up the bulk of those gains. But one trend has been consistent: mining companies are finding it harder to dig up more of the precious metal.

The following charts show why, and what that means for the industry:”



We first covered the peak gold phenomenon back in 2007 and 2008 (see here) and have considered peak gold frequently over the years. ‘Peak Gold’ is happening which has important ramifications for the gold market and is a long term positive for the market which will support prices and should lead to higher prices.

Read full article on Bloomberg here

Gold and Silver Bullion – News and Commentary

Gold heading for 7th weekly loss on 2017 rate hike views (BusinessTimes.com)

Asian stocks slip ahead of holiday weekend (MarketWatch.com)

Gold prices ease as traders focus on rate hikes (Reuters.com)

Mortgage rates soar to 2 1/2-year high, Freddie Mac says (MarketWatch.com)

This Store Is Selling Gold-Plated Trump iPhones for $151,000 (Fortune.com)

Strongest Gold “Buy” Signal In 16 Years (TheDailyCoin.org)

China tries to talk dollar down, saying market is ‘too optimistic’ about Trump (SCMP.com)

Casey Warns “We’re Going To Have Financial Chaos… It’s A Dangerous Situation” (ZeroHedge.com)

As the year ends, we say farewell to yet another bank (MoneyWeek.com)

The unravelling of globalisation (MoneyWeek.com)

7RealRisksBlogBanner

Gold Prices (LBMA AM)

23 Dec: USD 1,131.00, GBP 921.99 & EUR 1,082.25 per ounce
22 Dec: USD 1,130.55, GBP 916.20 & EUR 1,080.47 per ounce
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce

Silver Prices (LBMA)

23 Dec: USD 15.74, GBP 12.85 & EUR 15.06 per ounce
22 Dec: USD 15.77, GBP 12.78 & EUR 15.10 per ounce
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce


Recent Market Updates

– Royal Mint And CME Make A Mint On The Blockchain?
– China Gold and Precious Metals Summit 2016 – GoldCore Presentation
– Trumpenstein ! Who Created Him and Why?
– Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers”
– Fed’s “Fool Me…”, Silver Suppression, Euro Contagion In 2017?
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market

The post Peak Gold Cometh – Five Must See Gold Charts appeared first on crude-oil.top.

Continue reading »

Peak Gold Cometh – Five Must See Gold Charts

Gold Mining Companies Are Running Out of Gold: Five Must See Charts

  • ‘Peak gold’ – World’s gold production to peak in 2019 and decline
  • Gold found by miners has plunged 85% over past decade
  • Gold mining CEOs turning to deals to combat dwindling reserves
  • Exploration more difficult and firms have cut capex

The reality of peak gold production has recently been acknowledged by Bloomberg and some of the financial media. Yet the mainstream, non specialist financial media has yet to cover this important topic with obvious ramifications for the gold market and the gold price in the medium and long term.

Peak gold production is happening globally which is very positive for gold and gold mining shares. Bloomberg have again covered this important fundamental factor in the market and have done so with an article and five must see gold charts:

“Gold’s had a roller-coaster year, surging as much as 30 percent before giving up the bulk of those gains. But one trend has been consistent: mining companies are finding it harder to dig up more of the precious metal.

The following charts show why, and what that means for the industry:”



We first covered the peak gold phenomenon back in 2007 and 2008 (see here) and have considered peak gold frequently over the years. ‘Peak Gold’ is happening which has important ramifications for the gold market and is a long term positive for the market which will support prices and should lead to higher prices.

Read full article on Bloomberg here

Gold and Silver Bullion – News and Commentary

Gold heading for 7th weekly loss on 2017 rate hike views (BusinessTimes.com)

Asian stocks slip ahead of holiday weekend (MarketWatch.com)

Gold prices ease as traders focus on rate hikes (Reuters.com)

Mortgage rates soar to 2 1/2-year high, Freddie Mac says (MarketWatch.com)

This Store Is Selling Gold-Plated Trump iPhones for $151,000 (Fortune.com)

Strongest Gold “Buy” Signal In 16 Years (TheDailyCoin.org)

China tries to talk dollar down, saying market is ‘too optimistic’ about Trump (SCMP.com)

Casey Warns “We’re Going To Have Financial Chaos… It’s A Dangerous Situation” (ZeroHedge.com)

As the year ends, we say farewell to yet another bank (MoneyWeek.com)

The unravelling of globalisation (MoneyWeek.com)

7RealRisksBlogBanner

Gold Prices (LBMA AM)

23 Dec: USD 1,131.00, GBP 921.99 & EUR 1,082.25 per ounce
22 Dec: USD 1,130.55, GBP 916.20 & EUR 1,080.47 per ounce
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce

Silver Prices (LBMA)

23 Dec: USD 15.74, GBP 12.85 & EUR 15.06 per ounce
22 Dec: USD 15.77, GBP 12.78 & EUR 15.10 per ounce
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce


Recent Market Updates

– Royal Mint And CME Make A Mint On The Blockchain?
– China Gold and Precious Metals Summit 2016 – GoldCore Presentation
– Trumpenstein ! Who Created Him and Why?
– Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers”
– Fed’s “Fool Me…”, Silver Suppression, Euro Contagion In 2017?
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market

The post Peak Gold Cometh – Five Must See Gold Charts appeared first on crude-oil.top.

Continue reading »

Peak Gold Cometh – Five Must See Gold Charts

Gold Mining Companies Are Running Out of Gold: Five Must See Charts

  • ‘Peak gold’ – World’s gold production to peak in 2019 and decline
  • Gold found by miners has plunged 85% over past decade
  • Gold mining CEOs turning to deals to combat dwindling reserves
  • Exploration more difficult and firms have cut capex

The reality of peak gold production has recently been acknowledged by Bloomberg and some of the financial media. Yet the mainstream, non specialist financial media has yet to cover this important topic with obvious ramifications for the gold market and the gold price in the medium and long term.

Peak gold production is happening globally which is very positive for gold and gold mining shares. Bloomberg have again covered this important fundamental factor in the market and have done so with an article and five must see gold charts:

“Gold’s had a roller-coaster year, surging as much as 30 percent before giving up the bulk of those gains. But one trend has been consistent: mining companies are finding it harder to dig up more of the precious metal.

The following charts show why, and what that means for the industry:”



We first covered the peak gold phenomenon back in 2007 and 2008 (see here) and have considered peak gold frequently over the years. ‘Peak Gold’ is happening which has important ramifications for the gold market and is a long term positive for the market which will support prices and should lead to higher prices.

Read full article on Bloomberg here

Gold and Silver Bullion – News and Commentary

Gold heading for 7th weekly loss on 2017 rate hike views (BusinessTimes.com)

Asian stocks slip ahead of holiday weekend (MarketWatch.com)

Gold prices ease as traders focus on rate hikes (Reuters.com)

Mortgage rates soar to 2 1/2-year high, Freddie Mac says (MarketWatch.com)

This Store Is Selling Gold-Plated Trump iPhones for $151,000 (Fortune.com)

Strongest Gold “Buy” Signal In 16 Years (TheDailyCoin.org)

China tries to talk dollar down, saying market is ‘too optimistic’ about Trump (SCMP.com)

Casey Warns “We’re Going To Have Financial Chaos… It’s A Dangerous Situation” (ZeroHedge.com)

As the year ends, we say farewell to yet another bank (MoneyWeek.com)

The unravelling of globalisation (MoneyWeek.com)

7RealRisksBlogBanner

Gold Prices (LBMA AM)

23 Dec: USD 1,131.00, GBP 921.99 & EUR 1,082.25 per ounce
22 Dec: USD 1,130.55, GBP 916.20 & EUR 1,080.47 per ounce
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce

Silver Prices (LBMA)

23 Dec: USD 15.74, GBP 12.85 & EUR 15.06 per ounce
22 Dec: USD 15.77, GBP 12.78 & EUR 15.10 per ounce
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce


Recent Market Updates

– Royal Mint And CME Make A Mint On The Blockchain?
– China Gold and Precious Metals Summit 2016 – GoldCore Presentation
– Trumpenstein ! Who Created Him and Why?
– Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers”
– Fed’s “Fool Me…”, Silver Suppression, Euro Contagion In 2017?
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market

The post Peak Gold Cometh – Five Must See Gold Charts appeared first on crude-oil.top.

Continue reading »

FBI Warns Of Possible “ISIS-Inspired” Attacks On US Churches, Holiday Gatherings

One day after the Islamic State published a list of the names and addresses of thousands of churches in the United States and called on its adherents to attack them during the holiday season, according to a message posted late-night Wednesday in the group’s “Secrets of Jihadis” social media group, the FBI warned of possible ISIS-inspired attacks in the US. Coming just days after the Berlin Christmas market terrorist attack in Berlin, U.S. federal authorities cautioned local law enforcement on Friday to be aware that ISIS supporters have been calling for their sympathizers to attack holiday gatherings in the United States, including churches, a law enforcement official said.

The notice from the FBI and DHS was issued “out of an abundance of caution” following the publication of the ISIS-targeted churches.

Just in: Feds warn of ISIS threats to churches and holiday events https://t.co/qZSNQaiqH3 https://t.co/KD7grYnP2M

— CNN (@CNN) December 23, 2016

“The FBI is aware of the recent link published online that urges attacks against U.S. churches. As with similar threats, the FBI is tracking this matter while we investigate its credibility,” the FBI said in a statement.

Islamic State sympathizers “continue aspirational calls for attacks on holiday gatherings, including targeting churches,” CNN quoted the bulletin as saying. The notice describes different signs of suspicious activity for which police should be alert, it said.

The bulletin noted, however, that there we no specific, credible threats yet. However, as reported here previously, officials did say pro-Islamic State websites have allegedly published a list of churches in the US, according to reports, although the list was already available to the public.

The warning, issued in a bulletin to local law enforcement, said there were no known specific, credible threats.


A member of NYPD’s Counterterrorism Bureau patrols the Union Square Holiday
market,
December 20, 2016.

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