FY22 in Review

Will Bitcoin long term holders surrender and sell their coins? With many signals suggesting a widespread capitulation has taken place, attention turns to whether a Bitcoin bottom is forming. CHARTS: https://www.ainsliebullion.com.au/gold-silver-bullion-news/will-long-term-btc-holders-surrender-/tabid/88/a/2801/default.aspx

Recent low gold prices have many scratching their heads amid rampant inflation and a war. However there are some key fundamental indicators that suggest this bottoming may be short lived and has Goldman Sachs calling for $2500 USD gold soon. ARTICLE & IMAGES MENTIONED: https://www.ainsliebullion.com.au/gold-silver-bullion-news/goldman-sachs-call-us-242500-gold-soon/tabid/88/a/2800/default.aspx

Billions of dollars worth of gold has been found perfectly preserved on the ocean floor. The legendary San Jose galleon shipwreck was first discovered in 2015, but new technology has uncovered up to 200 tonnes of gold, silver and emeralds. ARTICLE & LINKS: https://www.ainsliebullion.com.au/gold-silver-bullion-news/billions-worth-of-gold-found-in-shipwreck/tabid/88/a/2799/default.aspx https://opensea.io/collection/goldsilverpirates www.goldsilverstandard.com

Commodity prices are collapsing this week and the Australian dollar plunged to a 2yr low. With more interest rate hikes likely, it's ramping up mortgage repayments and the cost of living. Are gold and silver the long term safe haven? - ainsliebullion.com.au CHARTS AND IMAGES SHOWN: https://www.ainsliebullion.com.au/gold-silver-bullion-news/mortgages-and-commodities-under-pressure-ahead-of-recession/tabid/88/a/2798/default.aspx

In Australia, commentators are calling for the 2020s to be the new 1850s in "Gold Rush 2.0". And it’s lucky we have plenty of gold in the ground... as our reserves are only a 22hr flight away at the Bank of England! CHARTS AND IMAGES SHOWN: https://www.ainsliebullion.com.au/gold-silver-bullion-news/gold-rush-2-0-and-australia-e2-80-99s-reserves-/tabid/88/a/2797/default.aspx LINKS MENTIONED:  https://www.rba.gov.au/qa/gold-holding.html

Only HODLers remain as the Bitcoin price has locked in one of the worst monthly performances in history, with renewed interest in safe storage options. CHARTS & DIAGRAMS MENTIONED: https://www.ainsliebullion.com.au/gold-silver-bullion-news/only-hodlers-remain-e2-80-a6/tabid/88/a/2796/default.aspx

Dramatic images of almost a hundred thousand protestors have broken out in Belgium as inflation has now crossed 10% in June. These civil uprisings have been mirrored worldwide this month as supply chains reach breaking point and the purchasing power of government issued fiat currencies continue to weaken. https://www.ainsliebullion.com.au/gold-silver-bullion-news/major-protests-in-belgium-against-the-rising-cost-of-living/tabid/88/a/2795/default.aspx

We look at the FY22 year for Australia and some of the shocking data out of the broader global economy for the second half. We briefly discuss going forward too.. Read article here https://www.ainsliebullion.com.au/gold-silver-bullion-news/fy22-in-review/tabid/88/a/2794/default.aspx

With China, India, Brazil and South Africa wondering if they will be next in line to suffer sanctions, the BRICS nations are forming a viable alternative to the US Dollar for international settlements. Speaking at the BRICS Business Forum on Wednesday, Putin stated “The matter of creating the international reserve currency based on the basket of currencies of our countries is under review.” This is the most formalised movement towards a global environment that functions largely without the US Dollar. Saudi Arabia has been in talks for most of the year to sell Oil denominated in Chinese Yuan, and Nigeria is already making those trades. https://www.ainsliebullion.com.au/gold-silver-bullion-news/brics-nations-forming-usd-alternative/tabid/88/a/2793/default.aspx

Another shocker on Wall Street last night with heavy falls across the board. The only thing positive was the USD and some commodities, and gold was pretty much flat but up in AUD terms.  So what happened this time? https://www.ainsliebullion.com.au/gold-silver-bullion-news/earnings-flag-more-pain-to-come/tabid/88/a/2792/default.aspx