As part of the sanctions against Russia, seven Russian banks have been cut off from SWIFT. We start by discussing what SWIFT is, and then the implications of completely cutting Russia out of SWIFT. What is SWIFT and Why Russia is Being Excluded SWIFT – The Society for Worldwide Interbank Financial Telecommunication is a messaging […]
Gold has rallied strongly on the news of Russia’s invasion of Ukraine. It has rallied above at US$1,970. The invasion occurred as the US and Europe start sanctions against Russia. The U.S. and its European allies on Tuesday announced a broad range of sanctions against Russia for what President Biden called “the beginning of a Russian invasion […]
In today’s episode, Dave Russell of GoldCore TV chats with Michael Pento of Pento Portfolio Strategies LLC, who shares his realistic perspective on how the Fed has made a massive policy error and why he believes we are potentially on the verge of an 80% market crash. To learn why Michael Pento is raising his […]
Stephen Flood, CEO of GoldCore was welcomed by Jimmy Atkinson and Andy Hagans of The Alternative Investment Podcast where they discuss the compelling reasons why gold should be an integral part of portfolios during these times. Increases in the threats of cyber warfare, geopolitical tension, and continued inflationary pressures means that investors need to strongly […]
In our post on February 10, 2022 “The Bank of England: There’s Only One Solution!” we wrote about the Bank of England governor’s solution to inflation was for workers to exercise ‘wage restraint’ when negotiating higher wages. And this week we share the chart below from Bloomberg which sums up in one chart the truth […]
European Energy Crisis: 4 Reasons You MUST Know! European households are facing rising prices on many goods and services, but one particular standout is electricity and gas bills. According to Bank of America, European household gas bills are expected to rise to €1,850 in 2022 from €1,200 in 2020 (an ~55% increase). Natural gas prices […]
Four Geopolitical issues that could drive the gold and silver prices higher this year. There are four geopolitical factors that are brewing that could drive gold and silver prices higher in 2022. The First Geopolitical Factor is the US-China Relations This very turbulent relationship has many issues that have been simmering for a number of […]
In this episode of the #Goldnomics podcast, Stephen Flood, CEO of GoldCore, Mark O’Byrne of Health Wealth Gold, and Dave Russell of GoldCoreTV discuss what assets and asset classes they believe should be included in the portfolio in order to both protect you from and take advantage of the current megatrends identified in the previous […]
In the latest episode of the #Goldnomics Podcast, Stephen Flood, CEO of GoldCore and Mark O’Byrne of Health Wealth Gold joins Dave Russell to discuss if it is possible to build the #perfectportfolio for the next 10 years? But what are the current megatrends that are emerging and how will it affect your portfolio? How can […]