Chinese Gold Reserves Grow by 16 Tonnes In January

chinese gold reserves january 2016

China’s Gold Reserves. Chinese Gold Reserves increased by 16 tonnes in January. Since starting monthly reporting in July 2015, China has added 120 tonnes of gold to its reserves. Total reported Chinese gold reserves stand at 1,778 tonnes. Chinese Foreign Reserves fall $99.5 billion in January to $3.23 trillion. China continues to flex its gold Read More →

Shanghai Gold Exchange Withdrawals In January 2016 Top 225 Tonnes

Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange January withdrawals were 225.801 tonnes of gold. January 2016 gold withdrawals were 11.8% lower compared to 255.422 tonnes withdrawn in January 2015. Shanghai Silver Exchange January withdrawals were 33.695 tonnes. Hong Kong gold kilobar withdrawals are 1,019 since March 2015. Shanghai Gold Exchange The Shanghai Gold Exchange (SGE) Read More →

In Case You Missed It – Week Ended February 6, 2016

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In Case You Missed It – Week Ended February 6, 2016. Stories from the week ended February 6, 2016. The main stories of the week involved continued tensions in the Middles East, terrorist attacks and the Iowa Republican and Democratic Presidential caucuses. The big economic story of the week was the fall of the dollar Read More →

Smaulgld on The Daily Coin

Smaulgld on The Daily Coin Today Rory Hall of the Daily Coin and I had a chat about the state of the gold and silver markets. We discussed China’s potential role in setting the price of gold, gold and silver sales at the U.S., Canadian and Perth Mints, the state of gold and silver mining Read More →

Perth Mint Sales January 2016

perth mint sales jan 2015 - 2016

Perth Mint Sales. Perth Mint silver and gold sales January 2016. January Perth Mint silver sales of 1,473,408 ounces were up 151% year over year. Silver Kangaroo bullion coin continues to drive massive silver sales. January Perth Mint gold sales of 47,759 were up 106% year over year. Silver Sales at the Perth Mint in Read More →

Silver To Gold Sales Ratio January 2016

january sales of american gold eagle coins 1987-2016

Silver and Gold Sales at the U.S. Mint in January 2016. Sales of American Silver Eagle Coins in January were 5,926,500. January American Silver Eagle sales limited by U.S. Mint allocations to its Authorized Purchasers. Sales of American Silver Eagles in January 2016 were 7.2% greater than January 2015 sales and were the fourth largest Read More →

In Case You Missed It – Week Ended January 30, 2016

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In Case You Missed It – Week Ended January 30, 2016. Stories from the week ended January 30, 2016. The main stories of the week focused on Donald Trump skipping out on the Republican Presidential Primary Debate and more news regarding the FBI investigation into Hillary Clinton’s alleged inappropriate use of and treatment of sensitive Read More →

Russian Gold Mining Production vs. Gold Reserves

Russian gold mining vs gold reserves 2006-2016

Russian Gold Mining Production vs. Gold Reserves. Russia added 208 tonnes of gold to its reserves in 2015. Where is all that gold coming from? Russia’s Gold Mining Output Russia was the third largest producer of gold in the world in 2014. During the past few years, Russia has been adding an increasing percentage of Read More →

In Case You Missed it Week Ended January 23, 2016

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In Case You Missed It – Week Ended January 23, 2016. Stories from the week ended January 23, 2016. The main stories focused on terrorist attacks and the Republican and Democratic presidential primaries. The National Review enlisted conservatives to dump Donald Trump and left wingers started a “stop hate” campaign to stop Trump. On the Read More →

Smaulgld On Wall Street For Main Street

Smaulgld on Wall Street for Main Street

Smaulgld On Wall Street For Main Street. Wall Street Banks and U.S. Shale Oil. Silver Miners Increasing Production Until Bankruptcy? Smaulgld was interviewed on the popular Wall Street For Main Street show yesterday. Host Jason Burak and I talked about how the Wall Street Banks may soon control the U.S. oil industry. We also discussed Read More →