The Sustainability of this Gold Bull Market compared to 2011

By Ronan Manly Two weeks ago at the end of July, Zing News, one of Vietnam’s leading news platforms, published an article discussing the sustainability of the current gold bull market and to what extent (if any) it has parallels  with the August-September 2011 gold price rise and peak. This […]

BullionStar Perspectives – Ronnie Stöferle – “The Golden Decade is Dawning”

Filmed in May 2020 Since 2007, the annual “In Gold We Trust” report has been required reading for anyone interested in investing in Gold and other precious metals. This year’s report titled “The Golden Decade is Dawning” is no exception. Join us, as we hear what Ronnie Stöferle, one of […]

Gold and Silver Roar Higher: The Canaries in the Coal Mine – Ronan Manly

This week has the makings of an historic one for gold and silver, a week which will be remembered for the stellar performances and breakout of the US dollar denominated gold price and silver price across spot, futures and physical markets. This has ignited everything from gold and silver mining […]

Rising gold prices attract global and local attention, including in Vietnam

Zing News, one of Vietnam’s leading news and media platforms, this week published an article examining the reasons behind the strong upward move in the gold price and its sustainability, quoting extensively from BullionStar’s input. In Vietnam, which has a very strong tradition of gold ownership and use of physical […]

COMEX New York vaults add 730 tonnes of gold since the end of March

Triggered by a COMEX – Spot spread blow out in the wake of a failure delivery in gold Exchange for Physical (EFP) transactions, an unprecedented 730 tonnes of gold has flowed into COMEX gold vaults between 24 March and 30 June. mostly into the vaults of JP Morgan and Brink’s. […]

Central banker Musical Chairs at the LBMA – Fed exits, Banque de France joins

As a former Banque de France central banker joins the board of the London Bullion Market Association (LBMA) as an “Independent” director, replacing a former New York Federal Reserve central banker who also served on the same board as an “Independent” director, we must ask ourselves why have these central […]

The Curious Case of COMEX Gold Deliveries in April and June

Did you think that the high-powered world of the LBMA would operate in a fishbowl for all to see? – ANOTHER A lot has been written about the London gold spot price – COMEX gold futures price spread (EFP) blow up on 23/24 March, whose detonation has sent blast waves […]

Gold amidst the COVID-19 Pandemic – BullionStar COO, Mr. Luke Chua on CNA938

On 27 May 2020, BullionStar’s COO Mr. Luke Chua spoke with CNA938 on the topic of gold investment amidst the COVID-19 Pandemic. Topics discussed in the interview: – Current demand for precious metals in the current climate – Important questions investors should ask if they want to invest in gold […]

BullionStar’s Bullion Center Re-Opening 2 June – Update of Services

  BullionStar’s Bullion Center is re-opening 2 June. Place your order now and collect after we have reopened! We are open for online orders at 24/7! We offer FREE shipping for orders within Singapore and discounted rates for international shipping. Vault storage orders are processed as per normal. We […]

Amid London gold turmoil, HSBC taps Bank of England for GLD gold bars

By Ronan Manly During March and April, amid global financial turmoil, unprecedented demand for physical gold, refinery closures and a London lockdown, one question on the minds of many in the gold market was how HSBC London, the vault custodian of the SPDR Gold Trust (GLD), was consistently able to […]

QE Defender – Stop the QE Insanity | Helicopter Money and the Risk of Hyperinflation

  Helicopter cash – Negative interest rates – Government and Central Bank Asset Purchases – Universal Basic Income. Central banks and governments across the globe have unleashed a series of monetary and fiscal interventions on markets and economies which are unprecedented in their magnitude and which are boarding on the […]

LBMA Gold Price benchmark ignoring market conditions, short-changing investors

While media focus has recently been on the current gold price dislocation between London spot and COMEX New York futures, there is another persistently large discount that so far has evaded the spotlight. That is the twice daily LBMA Gold Price benchmark. By ignoring the much higher COMEX gold futures […]

BullionStar – We are Open for Orders – Update of Services 22 April 2020

We are open for orders! Place your order on 24/7! This is an update covering the impact of COVID-19 on our operations. Powered by WPeMatico

US Mint closes West Point, adding to American gold bullion coin shortage

As New York State extends its coronavirus shutdown until May 15, the global pandemic’s relentless onslaught on economic activity and bullion supply chains has claimed yet another victim, this time the US Mint’s bullion coin production facility in West Point – upstate New York, which announced on Wednesday evening April […]

COMEX Bombshell – Most eligible vaulted gold has nothing to do with COMEX

A newly discovered document from COMEX operator CME to the CFTC contains a full-scale admission that much of the ‘eligible gold inventory’ in COMEX New York vaults is held by long-term holders and cannot be included in deliverable supply. The COMEX concedes that eligible gold should therefore have a 50% […]

How mints will be affected by the big jump in bullion coin demand

With the coronavirus sweeping across the globe, the demand for gold and silver coins as a hedge has exploded. BullionStar, for instance, has experienced “extreme” demand for precious metals over the last month. This race to precious metals has caused bullion coins to trade far above their intrinsic metal content […]

Bullion Bank Nightmare as LBMA-COMEX Spread Blows Up Again

By Ronan Manly The gaping price differential between spot gold and gold futures that has been plaguing the paper gold markets in London and New York for the last three weeks shows no signs of abating and is continuing to flare up. In essence, the contango phenomenon we are seeing […]

BullionStar – We are Open – Update of Services 7 April 2020

We are open! Important update to all BullionStar customers covering the impact of COVID-19 on BullionStar’s operation | BullionStar is open for orders but operate in limited capacity as an essential business with measurements taken against the spread of COVID-19 Powered by WPeMatico

LBMA and COMEX try to Reassure the Market – Twice in One Week

In the space of a week, the bullion bank dominated LBMA and CME(COMEX) in an air of panic, have issued not one, but two rushed out statements to try to placate the global gold market. In the modern gold market this is unprecedented. While LBMA-CME claim that physical gold stocks […]

COMEX can’t find a 400 oz bar for its new 400 oz gold futures contract

As the LBMA and CME launch a new 400 oz gold futures contract to keep their paper gold show on the road, one slight problem – COMEX has no 400 oz gold bars. As the LBMA and CME scramble to keep the paper gold show on the road and monopolise […]