Gold May Top $1,000 as U.S. Currency Falls, Inflation Picks Up
Bloomberg
March 2008
Pham-Duy Nguyen shows how a majority of market watchers (including Gold Investments who are now part of the Bloomberg Weekly Gold Survey) are bullish on gold.
Gold Beats Financial Assets as Investors Seek Haven
Bloomberg
March 2008
At least 95 percent of the new buyers have kept their money in the bullion, Mark O'Byrne, Gold & Silver's executive director, said in an interview on Feb. 26.
CNBC
February 2008
"Gold is doing exactly what it should do in this market: it is reacting to risk. People are turning to it as a safe-haven asset," according to Stephen Flood from Gold Investments.
Gold, platinum futures soar to new records
Dow Jones Marketwatch
February 2008
"Gold has surged on increasing inflation concerns with yesterday's stronger-than-expected and sharply higher U.S. CPI report," said Mark O'Byrne, executive director at Gold & Silver Investments Ltd., in a note.
With the commodities complex continuing to surge, "inflation will continue to increase significantly in the U.S. and internationally," he said.
Bullion is on a Bull Run
The Financial Times via Yahoo News
January 2008
"Some people in Europe like the idea of being closer to their gold and beingable to access it if they wish," says Steven Flood, director of Gold and Silver Investments.
Lastly, investors could consider a scheme offered only by the Perth Mint in Western Australia (www.perthmint.com.au) to purchase aaa-rated gold certificates, which can be put in a Sipp. There are no ongoing costs for storing the gold - instead, $50 is paid per certificate and there is a one-time charge of 2 per cent above the spot price, according to Mr Flood.
All that glitters is . . . platinum, silver and palladium
The Financial Times
November 2007
Stephen Flood, director of Gold and Silver Investments, believes silver is still undervalued. “Silver has missed the boat on some of the recent stellar rises seen in gold, oil and some food prices,” he says. “I think silver will go up a lot more than gold in the next five to 10 years.”
Flood forecasts a rise from the current price of $14.5 an ounce to around $20 next year, and believes silver could hit $40 per ounce.
RTE Radio: The Business
RTE Radio
January 2008
In the first programme of last year, John hitched a lift with Dublin taxi driver, Gerry McKenzie, and paid visits to four respected analysts and commentators. He asked for their top investment tips for the year ahead. One year later, John and Gerry caught up with the same four experts to see how last year's predictions measured up to reality.
What's the Outlook for Gold, Silver?
CNBC Video
September 2007
Gold has been one of the best performers of late, trading above $700 per troy ounce. CNBC's Geoff Cutmore talks to Stephen Flood, Director of Gold & Silver Investments, for analysis on the precious metals sector, looking specifically at gold and silver.
Question of the Week: Is now the right time for a golden investment?
The Independent
2 October 2007
With stock markets in turmoil, a credit crunch in operation and fears of an economic slowdown, I feel now might be a good time to invest in gold.
Why Diversifying into Gold May Be Prudent
Accountancy Ireland
October 2007
Does uncertainty make diversifying into gold a good choide for the prudent investor? Accountancy Ireland invited Mark O'Byrne, Managing Director of Gold and Silver Investments Limited, to argue the case in favour.
Stephen Flood, Gold Investments, Interview on CNBC
CNBC
12 September 2007
Gold has been one of the best performers of late, trading above $700 per troy ounce. CNBC's Geoff Cutmore talks to Stephen Flood, Director of Gold & Silver Investments, for analysis on the precious metals sector, looking specifically at gold and silver.
Gold Futures Close Modestly Lower As Traders Assess Market Risks
CNN Money
20 August 2007
The medium and long-term gold outlook is a bit more upbeat, with prices likely to be higher due to "increasing physical demand," said Mark O'Byrne, director of Gold & Silver Investments Ltd.
"Given the clear and present danger in the global financial system, we believe that some 10% to 15% of a portfolio should be allocated to precious metals and to precious metal related investments," he said in emailed comments.
€4bn wiped off value of Irish shares
The Irish Examiner
17 August 2007
“Banks are concerned if they get involved with other lenders in funding projects that some of them will default on the deal due to exposure to the high risk or subprime sector in the United States,” said Stephen Flood, a director at Gold and Silver Investments in Dublin.
Silver Linings
Wealth Magazine
Mark O'Byrne looks at the remarkable opportunities that exist in the often-overlooked market for silver.
Metals - Gold steady, retracing earlier losses, as June PPI comes in mixed
Forbes
'Concerns about the US sub-prime market are keeping (the dollar) under selling pressure as markets await comments from the Fed's Bernanke later in the week,' said analysts at Gold Investments in Ireland.
'There are a number of key US data releases today, which should help provide some direction for markets.'
'Top of the list will be this afternoon's PPI report for June but markets will also be keeping a close eye on industrial production and capacity utilisation for June and very important are net capital inflows for May,' they added.
Metals - Gold continues at high levels on weak dollar, high oil prices
Forbes
We are soon to enter gold and silver's seasonally strong months,' said analysts at Gold Investments.
'In the last 35 years, June and July are traditionally weaker months and August, September, November and December the stronger months when gold has performed best.
'If this trend continues, as it is likely to do so, we are likely to challenge May 2006's highs above 700 usd and given the length of the consolidation and increasingly strong fundamentals there is a chance that we could rally towards the next big psychological level of 800 usd,' they added.
...
'In a very tight supply and demand situation as exists in platinum this will be more than supportive,' said analysts at Gold Investments.
Silver prices have Idaho's Silver Valley companies booming
Associated Press via International Herald Tribune
11 May 2007
Many experts say silver remains a good investment. Mark O'Byrne, managing director of Gold and Silver Investments Ltd. in Ireland, speculated that silver prices could reach $20 in 2007, as demand grows while the supply does not keep up.
"It is estimated that 95 percent of the silver ever mined has been consumed by the global photography, technology, medical, defense and electronic industries," he wrote in a recent commentary. "This silver is gone forever."
Silver production worldwide remains flat, and the amount of silver mined has been less than demand every year for the past 15 years, O'Byrne said. The difference was made up by stockpiles that are now depleted.
That means production is not likely to grow much even as prices go up, O'Byrne said.
Precious Metal
The Investor Magazine
With Industrial and investment demand in silver increasing very singnificantly and supply falling, this precious metal could be the investment opportunity of a lifetime.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
Overall, "it appears that physical demand from the jewelry and investment sector is robust at these levels," said Mark O'Byrne, a director at Gold & Silver Investments Ltd., in a note to clients. "Very importantly, physical demand in India, the world's largest importer, remains strong."
Stephen Flood of Gold Investments on RTE Radio
RTE Radio
Interview with Stephen flood on the 7th of June, 2007.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
Gold futures closed sharply lower Thursday to tally a loss of nearly $12 an ounce during a losing streak that's spanned four sessions, as higher Treasury yields helped spark a rally in the U.S. dollar, dulling the metal's investment appeal.
The dollar also got a boost from reports that North Korea may have fired several missiles.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
Gold futures closed lower Wednesday, to tally a loss of more than $2 an ounce in a three-session losing streak as traders continued to gauge the metal's prospects for investment demand.
Gold for August delivery fell 50 cents to close at $674.60 an ounce on the New York Mercantile Exchange, retreating from an earlier high of $677.
The contract has now lost $2.30 an ounce in three sessions, though it gained more than 2% last week and briefly touched a three-week high of $679.50 on Monday.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
Gold for August delivery closed down $1.20 at $675.10 an ounce on the New York Mercantile Exchange. It climbed as high as $678.80 early on in the trading session.
Another important factor which may have been overlooked is the increasing likelihood of strike action by the 280,000 miners in South Africa, said Mark O'Byrne, a director at Gold and Silver Investments Ltd.
Taking a look at the bigger picture, "geopolitically there are a number of risks to be conscious of -- including the possibility of large scale terror attacks as seen in the alleged [attempted] terrorist attack on JFK Airport, and the continuing deterioration in relations between Russia and the U.S.," said O'Byrne.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
"The smart money is positioning itself for the next significant move up in gold ... in these long-term secular bull markets," said Mark O'Byrne, managing director of Gold and Silver Investments Ltd.
Gold Investments Commentary in Marketwatch
Dow Jones Marketwatch
Mark O'Byrne, managing director of Gold and Silver Investments Ltd., said that "increased volatility in the Chinese stock market and yesterday's 6.5% one-day sharp sell-off is not bearish for gold and indeed may be bullish in the long term."
"Any slowdown in the Chinese economy may lead to them curtailing their purchases of U.S. treasuries and stocks with ramifications for U.S. interest rates and the U.S. dollar, which would be bullish for gold in the long term," he explained in a note Thursday.
Predictions for Gold in 2007 and Beyond
The Irish Broker
Gold Investments remain bullish on both gold and particularly silver and are confident that, as we have contnually pointed out, they are both in multi year bull markets. We are confident gold will surpass its non inflation adjusted high of $850 per ounce in 2007 and its inflation adjusted high of some $2,400 per ounce in the next 10 years.
Ones to Watch: Mark O'Byrne and Stephen Flood
Business & Finance - Who's Who 2007
Gold Investments has had a very strong couple of years as gold and other precious metals reach record highs amidst high energy prices, worries over global security and the dollar's weak outlook. The company is distinguished by its conservative investment philosophy, seeking to enhance long-term investment returns by controlling market risk and volatility.
Spend your SSIA on Gold
Farmers' Journal
It makes for nice jewellery but have you ever considered investing in gold? No longer the preserve of the super-rich, many Irish people have made a killing by investing in the precious metal in recent years, as Aiden Corkety reports.
Predictions for Irish Property, Irish Stocks & Gold in 2007
RTE Radio 1
John Murray took a trip around Dublin with taxi driver Gerry McKenzie and paid a visit to a few investment experts to get their predictions for the year ahead. Among others, he spoke to Stephen Flood in Gold Investments.
Ones to Watch: Mark O'Byrne and Stephen Flood
Business & Finance - Who's Who 2007
Gold Investments has had a very strong couple of years as gold and other precious metals reach record highs amidst high energy prices, worries over global security and the dollar's weak outlook. The company is distinguished by its conservative investment philosophy, seeking to enhance long-term investment returns by controlling market risk and volatility.
Spend your SSIA on Gold
Farmers' Journal
It makes for nice jewellery but have you ever considered investing in gold? No longer the preserve of the super-rich, many Irish people have made a killing by investing in the precious metal in recent years, as Aiden Corkety reports.
Predictions for Irish Property, Irish Stocks & Gold in 2007
RTE Radio 1
John Murray took a trip around Dublin with taxi driver Gerry McKenzie and paid a visit to a few investment experts to get their predictions for the year ahead. Among others, he spoke to Stephen Flood in Gold Investments.
SSIA SOS - Basking in the Glow of the Midas Touch
Sunday Independent
Worried about political unrest, rising inflation or volatile property or equity markets? Then gold could be your man. Buying gold bars and coins sounds very exotic and perhaps even a little bit risky but it is becoming increasingly popular form of investment.
Moneymate Financial Awards Presented
RTE Business
Gold Investment's Mark O'Byrne has been Awarded the Moneymate and The Investor Magazine Financial Analyst of the Year.
Other nominations included Robbie Kelleher of Davy Stockbrokers, Robert Eason of Goodbody Stockbrokers and Dan McLaughlin of Bank of Ireland.
More information on the awards can be found at
MoneyMate-Investor Awards 2006
Precious Metal's Perfect for Bored Property Buyers
Irish Independent
Brendan Keenan, Group Business Editor of Independent Newspapers spoke to Stephen Flood about how property investors are now diversifying into gold.
Gold prices hitting 25 year highs
RTE Business
"Gold prices have hit their highest level in 25 years and analysts are predicting further gains. A number of factors have combined to push precious metal prices higher. Some investors are buying gold to protect themselves against inflation and a drop in the values of the dollar and yen. Meanwhile, demand for jewellery and speculation that Asian and European central banks may cut US dollar holdings in favour of gold, have also been buoying demand. Precious metals are often seen as a haven when currencies weaken and inflation accelerates because investors are worried about the value of their stocks and bonds being eroded.
Stephen Flood, from Dublin firm Gold and Silver Investments, says investors are engaged in a 'flight to quality'."
Listen here
Jill Kerby, the personal finance expert in the Sunday Times and frequent contributor to various radio and TV programmes wrote in her syndicated 'Money Times' column an article entitled Not all Property that Glitters is Gold. "By owning their own home and being part of a pension plan that invests in property, they may sufficient property exposure already. They should look into assets that can create wealth and a good retirement income - like shares, bonds and perhaps more unconventional assets like gold and silver which can provide some security against inflation. Gold bullion and gold bullion certificates (issued by the Perth Mint of Australia) can now be bought directly from Gold Investments, www.gold.ie.
Gold Investments was one of the few exhibitors at The Money Show featured on RTE's flagship 'The Business' business programme. John Murray spoke to Stephen Flood about our services and why investors are again looking to invest and save in gold.
The Sunday Tribune reported on "a far safer option for the cautious investor to invest in commodities and that's through precious metals". Gretchen Friemann said that "gold is essentially a hedge against inflation, higher oil prices and geopolitical uncertainty." She quoted Alan McQuaid, Chief Economist of Bloxham Stockbrokers, who said that concerns about Iraq, surging oil prices and increasing concerns about the US current account deficit and the sustainability of the economic recovery meant that "the outlook for gold is still positive".
Irish Broker, the monthly journal of the Irish Brokers Association, featured an article by one of our directors Mark O'Byrne in their July journal - 'The Case for having an allocation to Gold Bullion in an Investment Portfolio': "Gold is the preserve of prudent investors who believe in taking a more risk conscious approach to their investments and livelihood. In the same way that one does not buy health insurance in the expectation of getting seriously ill, one invests in or saves in gold not in the expectation of a recession but rather as an acknowledgement that there is that possibility."
The Investor magazine featured an article, 'A Golden Opportunity', by Mark O'Byrne on the merits of diversifying a portion of one's portfolio into gold bullion and not having all one's eggs in the one investment basket: "In the stagflationary (low growth, high inflation) environment of the 1970's gold rose from $35 to $890 per ounce in 1980; an increase of some 3000% in 10 years."
CNBC Europe on their 'Morning Exchange' programme, Guy Johnson interviewed one of our directors Mr Stephen Flood in an analysis of the global steel and commodity markets. Topics discussed were the difficulties the large established steel companies were having competing with their Chinese counterparts and the massive demand for steel and other commodities in China, India and developing economies globally.
Going for Gold may be easier than you think
There is a new gold rush in town. Irish investors are investing up to 10 per cent of their portfolios into it, while bonds where the returns are linked to the performance of precious metals are swiftly becoming oversubscribed. However, while the Irish were quick to catch gold fever in the 19th century migration to the mines of California, they may have ignored the 21st century revival in the fortunes of the yellow metal for too long. "People think gold is just for Swiss bankers and how would they, in Ireland, get their hands on gold," says Stephen Flood, director of Gold Investments, a precious metals brokerage based in Dublin.
The Irish Times featured us in an article in the Personal Finance section. Getting your hands on precious metals is becoming much more accessible and is a welcome - and diverse - alternative for smaller investors, writes Laura Slattery.
Precious Metal Investment Options
The Irish Times reviewed the various ways that investors can invest in precious metals. From precious metal storage programmes to bars and coins for personal possession to investment bonds, spread betting and exploration stocks.
Newstalk 106 featured Mark O'Byrne, one of our directors on their Saturday business programme 'Down to Business'. Emmet Oliver of the Irish Times interviewed Mark and John Teeling about the merits of diversifying some of one's investments into precious metals and precious metal exploration stocks. They spoke of how gold is an ideal hedge against rising oil and interest rates and global economic and geopolitical risk.
Perth Mint Goes for Gold
The Investor Magazine reported on Gold & Silver Investments Limited being appointed as approved dealer in Ireland, the UK and the EU of the Perth Mint of Australia's precious metal certificate programme.
Gold & Silver Investments Limited Weekly Newsletter now features on RTE, the Irish National State Broadcaster's website It can be found in the new Commodities section of RTE Business - http://www.rte.ie/business/commodities.html
Gold Investments Appointed Approved Dealer of The Perth Mint Certificate Programme
Business Wire via Yahoo Finance.
Gold Investments has been appointed as Approved Dealer for the Australian Perth Mint Certificate Programme. Gold Investments and the Perth Mint have signed a dealership agreement for the marketing and sales of the world renowned Perth Mint Certificate Programme which will allow Gold Investments to market and distribute the gold ownership programme to its Irish, UK, European and global markets.
Irish Investment Firm secures Australian Precious Metals deal
The Sunday Business Post reported on the front page of their 'Money & Markets' section how Irish investors are to have access to a new liquid AAA (by S&P) rated form of investing in the precious metal market, through a deal struck by Gold Investments with the Perth Mint of Australia. The company has been appointed as a dealer for the Australian Perth Mint certificate programme, offering gold, silver and platinum storage facilities backed by a government guarantee.
Newstalk 106 featured Mark O'Byrne, one of our directors on the Lunch Time show with Damien Kiberd in their 'That's My Business' slot when they interview a representative from a prominent Dublin Business. Mark spoke to Brendan Byrne, who was standing in for Damien Kiberd, about the merits of diversifying some of one's investments into precious metals.
The Irish Independent, Ireland's best-selling broadsheet newspaper, featured our Sales and Marketing Director, Stephen Flood in a feature they did about the busy lives of the modern day executive in the Ireland of 2005.
Gold Investments featured on TV3's 'Ireland AM'
TV3 featured our director of Sales and Marketing, Mr. Stephen Flood, on 'Ireland AM' with Maura Derrane and Mark Cagney. We displayed a number of our gold and silver bullion products including gold bullion coins and larger silver bars. Maura, Mark and Stephen discussed the merits of investing in precious metals and topics covered included what is gold bullion; why and how does one invest in precious metals.
Illuminate your Portfolio
The Irish Entrepreneur reported how the price of gold is soaring higher and higher and it is about time that people realise the investment value of gold.
Join the Gold Rush Before it’s too Late
The Sunday Times
"Mark O’Byrne, a director of the recently launched Irish precious metals investment company Gold Investments, stresses that gold is a buy-to-hold investment. “We are loathe to give short-term forecasts on the gold price,” he said. “It is very much a long-term investment. Many analysts believe gold has a good chance of taking out the 1980 highs (of $890 or some $2,000 adjusted for inflation) , but over a five to 10-year time frame. Oil is now at historic highs, copper is at historic highs, all major base metals and gases are at historic highs. Gold is actually the laggard.”
Firm Offers Gold Bullion Trades
Sunday Business Post
"Gold Investments said it allows investors to buy gold, silver and platinum coins and bars and provides storage in the US and Britain for clients who cannot take delivery of the precious metals."Buying gold is a long term investment, said O'Byrne. "It is a long term savings plan."
All that Glitters . . . .
Farmer's Journal
"Bored of buying and selling horny mountain ewes or fat cattle? Then why not turn to a commodity with real cachet: Gold.
The Dealer is delighted to report that farmers are now being targeted - along with self employed professionals and high net worth individuals - by a precious metals investment company called Gold Investments.
Firm Offers Gold Bullion to Investors
RTE
"Gold bullion has proven to be one of the safest investment options in recent years, as well as being a very profitable one.
The price of gold has risen by over 70% in the last three years."
Winner 2006
MoneyMate and Investor Magazine Awards.. more
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