Buy “Physical Gold” Coins and Bars – Bloomberg Interview GoldCore

Published here: http://www.zerohedge.com/news/2016-01-27/buy-%E2%80%9Cphysical-gold%E2%80%9D-coins-and-bars-%E2%80%93-bloomberg-interview-goldcore

Buy “Physical Gold” Coins and Bars – Bloomberg Interview GoldCore

• Gold: the 3,000 year old “fashion” is back in favour

• Rising interest rates – when happen – are positive for gold

• This seen in data, charts – 2003 to 2006 period and 1970s

• Given risks today – higher allocations of as much as 30% are merited

• Important to own “physical gold” coins and bars in safest vaults in world

• Important to own physical due to increasing likelihood of COMEX default

GoldCore discussed the outlook for gold on “Bloomberg Markets” yesterday with Matt Miller and Mark Barton and the interview can be watched here.

LBMA Gold Prices

27 Jan: USD 1,116.50, EUR 1,027.14 and GBP 781.04 per ounce
26 Jan: USD 1,114.70, EUR 1,028.42 and GBP 785.80 per ounce
25 Jan: USD 1,103.70, EUR 1,020.29 and GBP 773.96 per ounce
22 Jan: USD 1,097.65, EUR 1,012.55 and GBP 769.63 per ounce
21 Jan: USD 1,096.80, EUR 1,006.98 and GBP 774.99 per ounce

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