Bleyer Bullion

Blog posts of '2016' 'January'

As predicted, 2016 is bumpy to say the least and I believe it's going to get a whole lot bumpier. Let's explore all three of these headlines further, because the FTSE's state of health, China's economy (linked as always to Russian super-power aspirations) and Saudia Arabian oil, all play hugely into the demand for an economic safe haven of Physical Gold and Silver.
The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned: The situation is worse than it was in 2007.
Now, what a financial start to the New Year! 2016 opened with this headline: "FTSE suffers worst stock market start in 16 years as China-led malaise wipes £38bn off index. US markets tumble after a 7pc Chinese share price plunge batters confidence on first trading day of the year."
It's an insane boiling pot. "Gold prices spiked higher on Monday, amid mounting geopolitical tensions in the Middle East after Saudi Arabia cut diplomatic ties with Iran over the weekend.... Also on the Comex, Silver futures for March delivery inched up 1.17%" (CNBC Money Control, 4th January 2016)