Bankruptcy in America

Bankruptcy in America. U.S. Individual Bankruptcy Filings have Fallen to Their Lowest Levels Since 2008. Deliquencies and percentage of consumers in collections are also declining. Yet, consumer debt is increasing. U.S. Consumer Debt at $3.3 Trillion up 29% from $2.55 trillion at the end of the Great Recession. The U.S. Consumer is Tapped Out. Individual Read More →

U.S. Mint Suspends Order Limits on Sales of American Silver Eagles

Five year price of silver chart

U.S. Mint Suspends Order Limits on Sales of American Silver Eagles U.S. Mint Lifts Restriction on Sales Of American Silver Eagle Coins To Authorized Purchasers UPDATE July 7, 2015: US Mint suspends sales of American Silver Eagles – Again As sales of American Silver Eagle coins slow from their record pace of the past two Read More →

Shanghai Gold Exchange Volume Week Ended May 22, 2015

Shanghai Gold Exchange volume for the week ended May 22, 2015. The Shanghai Gold Exchange delivered 42.493 tonnes of gold during the week ended May 22, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 947 tonnes. The Shanghai Gold Exchange continues to establish itself as viable competitor to the Read More →

China Gold Fund To Help Central Banks Buy Gold

shanghai gold exchange fund and silk road

China Gold Fund. The Shanghai Gold Exchange Leads Fund to Help Central Banks Buy Gold. The Shanghai Gold Exchange and about sixty countries along the Silk Road Economic Belt will raise about $16 Billion for a gold based fund. The Shanghai Gold Exchange led fund will also invest in gold mining projects along the silk Read More →

Shanghai Gold Exchange Volume Week Ended May 15, 2015

comex gold deliveries vs the shanghai gold exchange

Shanghai Gold Exchange volume for the week ended May 15, 2015. The Shanghai Gold Exchange delivered 45.480 tonnes of gold during the week ended May 15, 2015. The weekly average deliveries on the Shanghai Gold Exchange since the start of 2013 is approximately 44 tonnes. Total gold withdrawals on the Shanghai Gold Exchange year to Read More →

Recovery Summer VII Coming Soon – June 21 2015

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 tonnes 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 →