Social Gold Mine

First up, it’s a tweet from yours truly about the main gold headline of the day, the Bank of England and Nazi Gold. The story grabbed some attention and we mentioned it in the Daily Nugget (Nazi gold continues to haunt), however we realised that no-one was asking why the Nazis went for nations’ and citizen’s gold bullion in the first place.

And now for those of you who wondered what happened to the gold price today, we can only attribute it’s small stumble to better-than-expected US GDP data and the FOMC announcement in a couple of hours…

Continuing on from India’s recent moves, Pakistan have now decided gold is also an enemy to their balance of payments:

As many of you are no doubt aware we have recently written a series of article on the workings of the gold market. What has become exceptionally clear as we have gone deeper into our research, is the disparity between paper and physical gold. As gold is disregarded in the West , it just seems to gain popularity with investors in the East. But, as Geoff Candy explains this two-for-one price market can be difficult to reconcile with.

Another read for you now, this time from the WGC’s research team. Their latest report has a special focus on gold and US interest rates.

About the Author

Jan SkoylesJan Skoyles is Head of Research at The Real Asset Company, a platform for secure and efficient gold investment. Jan first became interested in precious metals and sound money when she met Ned Naylor-Leyland whilst working alongside him in the summer of 2010. Jan then went on to write her undergraduate dissertation on the use of precious metals in the monetary system. After graduating from Aston University in 2011 Jan joined The Real Asset Co research desk. Her work and views are now featured on a range of media including BBC, Reuters, Wall Street Journal, Mail on Sunday, Forbes and The Telegraph. She has appeared on news channels including Russia Today to discuss the gold price and gold investing. You can keep up with Jan's commentary by subscribing to our RSS feed Gold Investment News.View all posts by Jan Skoyles