It is the 17th of January 2019

News

Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3

- Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China
- Chinese investors bought price dips, notching up fourth consecutive quarter of growth
- Jewellery, ETF demand fell while gold coins and bars saw increased demand 
- Central banks bought a robust 111t of gold bullion bars (+25% y-o-y)
- Russia, Turkey & Kazakhstan account for 90% of 111t of central bank demand
- Turkey increased gold purchases and saw broad based physical gold demand
- Gold demand in Q3 at eight-year low as ETF inflows slowed sharply 
- Gold demand saw 9% year-on-year (y-o-y) drop in to 915 tonnes (t)
- Total global gold supply fell 2% in Q3

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Bitcoin Soars To New Record High - Mysterious Creator Satoshi Now Worth Over $7 Billion

Another crisis in another nation and Bitcoin prices surge to another new high. Overnight chaos in Saudi Arabia have prompted Bitcoin to jump to $7590 - a new record high - ironically as prince bin-Talal is arrested for money-laundering a week after calling Bitcoin "a fraud like Enron." With a market cap over $125 billion, the cryptocurrency's mysterious creator is now worth over $7 billion.

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Yield Curve Crushed To 10 Year Lows As Stocks Signal Trump-Tax-Plan Won't Pass

The bond market's reaction to the Trump Tax Plan...

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Coinbase Adds A Record 100,000 Bitcoin Traders In One Day

Back in the summer of 2015, one tracked the euphoria of the Chinese stock market bubble by the number, usually in the hundreds of thousands, of new brokerage accounts that were opened on any one given day.

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