Shanghai Gold Exchange Withdrawals Week Ended July 24, 2015

Shanghai Gold Exchange volume for the week ended July 24, 2015. The Shanghai Gold Exchange withdrawals were 73.29 tonnes of gold during the week ended July 24, 2015 – the third largest week ever. Total gold withdrawals on the Shanghai Gold Exchange year to date are 1,410.56 tonnes. Withdrawals on the Shanghai Gold Exchange are Read More →

Where are the Anti-Silver Stories?

Anti-gold stories flood the media. Where are the Anti-Silver Stories? Anti-gold hysteria reaches nadir with “Pet Rock” labels and price predictions of $350 an ounce. Yet, Silver has fallen more than gold, and media coverage is limited. Gold Bashing Goes Mainstream-Why Not Silver Bashing? Everyday for a month or so the airwaves and digital journals Read More →

July Gold Sales at the U.S. Mint Eclipse Entire Second Quarter Sales

Gold Sales at the U.S. Mint Head Towards Record July. Chinese and Indian Gold Demand Spikes in July. Newly Minted Gold Authorities Projecting Lower Prices. “Now if thou would’st, when all have given him over, From death to life thou might’st him yet recover.” Michael Drayton Lately, everyone is an authority on gold, especially its Read More →

One Tenth Ounce American Gold Eagle Coin Sales Surge

Sales of U.S. Mint 1/10 Ounce American Gold Eagle Coins Surge in July. Lower gold price drives smaller coin American Gold Eagle demand. Premiums on American Silver Eagle coins reach 30% at many dealers. Why it may make sense to buy small sized American Gold Eagle coins rather than American Silver Eagle coins. Update: July Read More →

Shanghai Gold Exchange Withdrawals Week Ended July 17, 2015

Shanghai Gold Exchange volume for the week ended July 17, 2015. The Shanghai Gold Exchange withdrawals were 69.175 tonnes of gold during the week ended July 17, 2015 – the fifth largest week ever. Total gold withdrawals on the Shanghai Gold Exchange year to date are 1337.27 tonnes. Withdrawals on the Shanghai Gold Exchange are Read More →

Memorandum to Media Affiliates Re Stocks

Imagine an alternative universe where the financial media hates stocks and loves gold. Memordandum From: Rooters International To: Syndicated media partners Re: Stocks/Interviewing stock jockeys In order to get a consistent message out that stocks suck we are putting together a series of memoranda for our media affiliates that will contain helpful tips for covering Read More →

The Canary in the Gold Mine Has an Iron Lung

Canary in a gold mine

There is No Greek Deal. This week’s podcast reviews the supposed “aGreekment” gold and silver prices and Janet Yellen’s Congressional testimony. Introduction 0:00-3:10 There is No “AGreekment” 3:10 discussion of the terms of the recent deal to avert a Greek exit from the Euro. There is no Greek deal only media events surrounding negotiations- just Read More →

Russian Gold Reserves Grow by 800,000 Ounces In June

Russian gold reserves july 2015 chart

Russian Gold Reserves. Russian Gold Purchases in June 2015. Russia added 800,000 ounces (24.9 tons) of gold to its reserves in June. Russia’s Gold reserves since 2009 increase more than China’s Russia Boosts Gold Reserves, Reduces U.S. Treasury Holdings Russian Gold Reserves In Tons Since 2009 Russian gold reserves have increased by 668 tons which Read More →

The Case of China’s Missing Gold

China's gold reserves chart

The People’s Bank of China Updates Its Gold Reserve Holdings Chinese Gold reserves jump 604 tons from 1,054 tons last reported in 2009 to 1,658 tons. Many gold observers ask – ‘Is that it’? Since 2009 China has mined over 2,000 tons of gold and imported over 3,300 tons of gold through Hong Kong*. Where Read More →

Shanghai Gold Exchange Withdrawals Week Ended July 10, 2015

Shanghai Gold Exchange withdrawals July 2015

Shanghai Gold Exchange volume for the week ended July 10, 2015. The Shanghai Gold Exchange withdrawals were 61.824 tonnes of gold during the week ended July 10, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 1,269 tonnes. Gold withdrawals on the Shanghai Gold Exchange the past two weeks were Read More →