Market Updates
Keep up-to-date in the past week’s price action and the current geopolitical and economic factors driving the international and local precious metal markets.
Market Update: Gold recovers as Fed confirms dovish stance
Gold prices and the precious metal complex have enjoyed a solid week, with the price of the yellow metal rallying just over USD $20 per ounce so far, as a combination of dovish Fed minutes, volatility on stock markets and the potential for the situation in Ukraine to escalate, have all seen the metals bid.
Gold steadies as market awaits Non-Farm Payrolls
Despite the bearish sentiment towards the precious metal complex after the sharp decline from USD $1390 per ounce, gold prices have held up relatively well this week, as the market looks toward the all important US non farm payrolls report due out tonight, Sydney time.
Gold re-tests USD $1300 per ounce as Q1 rally fades
Gold prices briefly broke below USD $1300 per ounce overnight, as headline data beats in the US added to the downside pressures that have come to bear on the yellow metal in the past several trading days.
Perth Future Wealth Forum - Main Stage Presentation
Please find attached slide-deck presented at the Future Wealth Forum in Perth, on the 22nd and 23rd March 2014. The event was a great success, and capped off a fantastic week for ABC Bullion, where we officially launched our Perth office. Focusing on the unresolved challenges of the GFC and potential investing solutions for these times, this presentation posed the question, "Is this time really different", and analysed the outlook for term deposits, equities, bonds and gold in the period ahead.
Global Precious Metal Rountable Slidedeck - March 2014
This link contains slides that ABC Bullion Chief Economist Jordan Eliseo, Ronald Stoeferle of Incrementum AG and Jan Skoyles of The Real Asset Company discussed in their Global Precious Metal Roundtable on 14th March 2014
The precious metal rally continues
Gold prices moved sharply higher overnight, at one point testing USD $1370 per ounce, as escalating tensions in the Crimea and some short covering, saw the entire precious metal complex rally.
The Australian Economy - How are we really doing?
Earnings season in Australia has given analysts plenty to mull over, with results in general showing impressive profitability but fairly weak headline growth. Whilst the markets focus has been on corporate profitability, now is also an opportune time to take a look at some of the underlying trends in the domestic economy to see how Australia is placed in 2014 and beyond.
Perth Upcoming Events
Our beautiful Perth office is now well and truly open for Business.
UPCOMING EVENTS
Welcome Reception: Thursday 20th March 2014
Whether you are a private investor or are working on behalf of a client, this is the perfect opportunity to gain some valuable insight into the world of precious metals.
Don't miss your opportunity to attend this free event.
Super Trading Investing - Future Wealth Forum: Saturday 22nd & Sunday 23rd March 2014
ABC Bullion are also pleased to be taking part in this event which is viewed as the leading event in Australia dedicated to educating traders and investors of all levels.
ABC Bullion has 30 passes to give-away ABC Bullion guests. Register your interest now!
Click 'read more' for further information or contact Pernilla Hjelte to RSVP
[email protected] or 08 9325 0888
Real Rates and China - The Key Drivers for gold in 2014 and beyond!
Precious metal investors have enjoyed a solid start to 2014, with physical gold and silver prices up 10.6% and 11.8% respectively in USD terms. Australian dollar gold investors have been similarly rewarded, with an ounce of gold now trading at $1460.
Why Olympic winners only get a silver medal
With the Winter Olympics starting in Sochi, Russia, this short report looks at the nature of the Olympic Gold medal itself. Given to the best athletes in their respective disciplines, it is the logical prize to recognize the ultimate achievenment. Unfortunately for the winning athletes though, the medals themself don't do justice to the fantastic efforts the athletes go to in winning them, with very little actual physical gold in the medals. It wasn't always that way.........
Market Report: Markets in turmoil as we await US jobs report
Jordan Eliseo muses on whether or not the upcoming non-farms payroll data will confound analysts, and takes a closer look at the current state of the gold ETF market.
Australian Housing Affordability
Australian housing prices rose 10% in 2013, with Sydney at the forefront of the nationwide boom, leading to talk of a property bubble once more. For others though, bubble or not, the bigger issue is the affordability or otherwise of what is clearly an essential item, with alarming figures of late confirming that the market is being propped up by investment dollars, at the expense of younger Australians and first home buyers who are finding it harder to get on the property ladder. In this article, ABC Bullion Chief Economist looks at average mortgage rates over the past 30 years, and current affordability for everyday Australians.
Barry Ritholtz and his thoughts on the gold price correction
In early January 2014, Barry Ritholtz published a piece in Bloomberg and elsewhere titled "10 reasons the gold bugs lost their shirts". An interesting read, it has provoked admiration and outrage in certain circles. In this piece, ABC Bullion Chief Economist Jordan Eliseo offers his thoughts on the article, analysing each of the reasons Ritholtz highlights, as well as why it doesn't change his bullish outlook for precious metal prices in the coming years
Bob Farrell's 10 Rules Of Investing Approaching 2014
With 2014 now well and truly underway, it's the perfect time to run our eye over the major investment markets, and the risks and opportunities that exist going forward. To help do so, Jordan Eliseo has put together the following article whilst keeping in mind the '10 Rules of Investing' made famous by the legendary Bob Farrell. There's a lot he'd be paying attention to as we enter the New Year, which promises to be another eventful one.
Investing in bullion as we enter 2014
Chief Economist Jordan Eliseo wraps up the year.
Special Report - Gold vs Platinum (not the physical metal) - 11th Dec 2013
As 2013 draws to a close and precious metals look certain to clock their first annual decline in a decade, this report looks at the performance of gold over the past 5 years since the grand Quantitative Easing experiment began, the performance of one of the best international equity managers in Australia, and encourages bullion investors not to panic despite the price slide this year.
Market Report: Return Australia's Gold
In this week's market report, we take a look at the continued choppy trading in precious metals, the latest economic news from around the globe, and include a special section on the very wise move to repatriate Australia's bullion reserves, a petition anyone can support.
Market Report: Gold is crumbling
In this week's precious metal report, chief economist Jordan Eliseo touches on the negative sentiment towards precious metals, with headlines including 'gold is crumbling' seen in the mainstream. In other news, we take a look at the timeline of dominant international currencies going back across the centuries. Hint: gold features heavily.
Market Update: Gold kneels before its new QEeen
In his weekly, Market Update, Chief Economist Jordan Eliseo discusses the implications of comments made by Janet Yellen during her confirmation hearing, the latest supply and demand figures in the physical gold market and the winners and losers of quantitative easing globally.
Market Update: Gold consolidates above USD $1300
In this week's Market Update, Jordan Eliseo discusses the surprisingly positive data coming out of the US this week, the impact of physical gold demand on the economy and why he thinks we'll see a lower cash rate next year.
Would tapering Quantative Easing lead to higher bond yields?
In a special report, ABC Bullion's Chief Economist, Jordan Eliseo, assess the level of success of the Federal Reserve's asset buying programmes and what a tapering off of said programmes might mean for bond yields and other markets internationally.
Gold steady as Fed maintains pace of QE programme
In the Market Report from 31st October 2013, Chief Economist Jordan Eliseo discusses the recent FOMC minutes, RBA Governor Glenn Steven's comments regarding the minutes and the anniversary of Black Tuesday.
Bullion University, Lesson 7: Saving in gold vs. saving in cash
This Bullion University article examines the arguments for and against saving in fiat currencies or physical assets such as gold and silver.
Market Report: Gold heads north on weak US employment results
In his weekly report, Jordan Eliseo discusses the recent non-farm payrolls data, Aussie investor Matthew Mclennan's views on gold and the Australian inflation figures.