Since the beginning of the year, the silver price in euro went strictly downwards. From January 23 to June 23, 2017, the spot price went from € 16.00 to € 15.00, representing a loss of 6.25%. But how have the prices of selected silver coins developed? In a long-term observation, the “BullionBlog” editorial team has documented the best selling prices and the best purchase prices of German precious metal traders and is now taking stock. We dedicate the first part of this series to the...
The first round of the French presidential election is over – and there is ample reason for concern: Almost every second citizen has voted for radical forces in France. But the stock markets reacted with relief, gold was instead under massive pressure. And again the familiar swan songs on gold can be heard. This market reaction is, however, dangerous and short-sighted, as the bullion dealer “MP Edelmetalle” outlines on his blog. The trader points out that the price volatility...
In Germany, the trade with precious metals is booming, gold has long been on the rise. In surveys on investment behavior, however, the yellow metal plays a minor role to date. In surveys on the most popular investment forms in Germany, Gold ends up always on the last ranks. Yet, the result of a recent survey of online bank “comdirect” surprises. For in the survey Gold does not appears in the top ten. Far ahead are instead the zero interest investment products giro account (57%)...
The Netherlands do not swing to the right – this is the official version of the election results of the election. Reigning Dutch Prime Minister Mark Rutte has surprisingly clearly prevailed over his right-wing opponent Geert Wilders. Stock markets celebrate, gold does not come out unscathed – rightly so? The precious metal dealer “Emporium” interprets the election results in its “Market & Trends” newsletter and warns against too much euphoria: A...
They did it again: The US Federal Reserve has taken the third rate hike since the historical zero-interest phase. Other forecasts on future monetary steps were not heard by the monetary authorities, however, the markets assume three rate hikes this year. The precious metals trader “Emporium” considered in its “Market & Trends” newsletter the economic situation of the United States – there a real boom can be observed, the country has practically full employment...
For many years financial experts only reacted with a weary grin when someone dropped the term “inflation”. The inflation rate was at a record low, the economy suffered from a standstill, because hardly any consumer wanted to make major purchases. But now John Doe suffers almost daily from new shocks, for example, at the gas station or settlement of energy costs. In the “Market & Trends” newsletter the bullion dealer “Emporium” provides clear facts about a...
This year’s World Money Fair, which took place in Berlin from 3 to 5 February 2017, was marked not only by the 50th anniversary of the Krugerrand, but also by Donald Trump as president of the USbecause the political uncertainties have grown massively since the election of the former real estate mogul as the most powerful man in the world. In its “Market & Trends” newsletter, the precious metals trader “Emporium” describes the atmosphere on the Numismata and...
Whoever turned on the TV on January 20, 2017 should have thought of a bad joke at this sight – however, it was not a Hollywood movie, but the inauguration of a completely unpredictable newcomer to politics. Donald Trump is now the most powerful man in the world. And soon panic might prevail instead of party on the financial markets. Trump is driving investors into the safe haven gold, reports the precious metal trader “Emporium” in its “Market & Trends”...
The year 2017 starts with bad news for consumers and good news for gold owners: the latest inflation data are surprisingly strong, according to information from the Eurostat statistics, consumer prices rose by 1.1 percent in the past year. And Germany is at the forefront of inflation in Europe: Consumer prices rose by 1.7 percent in December alone. The precious metal trader “Emporium” responds to the prognoses for gold prices in its “Market & Trends” newsletter.It...