Recovery Summer VII Coming Soon – June 21 2015

smaulgld podcast image

Recovery Summer VII As the U.S. economy continues to decelerate, the Fed and main stream financial media continue to insist the slow down is “transitory” and weather related. This week’s podcast discusses the absurdity of the wishful economic thinking that predominates among policy makers their media mouthpieces. Podcast Summary: 0:00-4:55 Introduction Initial Jobless Claims 4:55 Read More →

Russia Adds 300,000 Ounces of Gold To Its Reserves in April

Russian gold reserves chart

Russian Gold Reserves. Russian Gold Purchases in April 2015. Russia adds 300,000 ounces of gold to its reserves in April Russia Boosts Gold Reserves, Adds U.S. Treasuries The Central Bank of the Russian Federation published its official April 2015 reserve assets and other foreign currency assets report today indicating that its gold reserves had increased Read More →

Perth Mint Gold and Silver Sales – April 2015

perth mint silver sales chart april 2015

Silver and Gold Sales at the Perth Mint in April 2015. Silver sales were up 30.5% at the Perth Mint in April year over year. Gold sales were up 13.5% at the Perth Mint in April year over year. Silver Sales at the Perth Mint in April 2015 Sales of silver at the Perth Mint Read More →

Shanghai Gold Exchange Volume Week Ended May 8, 2015

Withdrawal on the shanghai gold exchange 2015

Shanghai Gold Exchange volume for the week ended May 8, 2015. The Shanghai Gold Exchange delivered 38.093 tons of gold during the week ended May 8, 2015. The weekly average deliveries on the Shanghai Gold Exchange since the start of 2013 is 43.405 tonnes. Total gold withdrawals on the Shanghai Gold Exchange year to date Read More →

Gold’s Journey From West To East

Gold reserves held by India

Gold’s Journey From West to East. Gold is Revered and Accumulated in the East. The Shanghai Gold Exchange Continues to Deliver Massive Amounts of Gold. Russian, Indian and Chinese Gold Consumption Remains High. United States and Canadian Mint Gold Sales Fall. We have long noted the movement of the world’s gold from west to east Read More →

Why The Labor Force Participation Rate is Dropping

labor force participation rate 65+ thourgh april 2015 chart

Why The Labor Force Participation Rate is Dropping It’s not because of retiring baby boomers, but rather because people in their prime working years are dropping out of the labor force. This week’s podcast discusses the Fed’s insistence that economic recovery is just around the corner now that the bad weather is behind us and Read More →

Canadian Mint Gold and Silver Sales 2014

Canadian silver maple leaf coin sales 2007-2014

Canadian Mint Gold and Silver Sales in 2014 Sales of Canadian Silver Maple Leaf Coins Soar to Record 29.2 Million in 2014. Sales of Canadian Gold Maple Leaf Coins Drop to 709,200 in 2014 from 1,1400,400 in 2013. The Canadian Mint Sold 41 times more silver than gold in 2014. The Royal Canadian Mint released Read More →

JP Morgan’s Silver

jp morgan silver stocks

JP Morgan and Silver. JP Morgan has added about 50 million ounces of silver to its COMEX approved depository stock pile since 2011. JP Morgan’s increase in its holdings coincides with large decreases in the silver stock piles of bullion banks HSBC and Scotia Moccata. Does JP Morgan’s accumulation of silver mean they are trying Read More →

The Fed Claims Recent Economic Weakness is Transitory

Foreign holdings of U.S. Treasuries

The Fed on the Economy The Fed labels recent economic weakness as “transitory”. This week’s podcast discusses the Fed’s insistence that economic recovery is just around the corner now that the bad weather is behind us and that interest rates will be raised one day. Podcast Summary: 0:00-2:20 Introduction Review of The Federal Reserve’s Open Read More →

Shanghai Gold Exchange Volume Week Ended April 24, 2015

Shanghai Gold Exchange volume 2015

Shanghai Gold Exchange volume for the week ended April 24, 2015. The Shanghai Gold Exchange delivered 50.796 tons of gold during the last full week of April. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 781 tons. The volume of gold delivered on the Shanghai Gold Exchange through the last Read More →

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