In Case You Missed it Week Ended October 24, 2015. Stories from the week ended October 24, 2015. Talk of a Federal Reserve interest rate hike was less frequent during the week ended October 24, 2015. The Fed meets next week and the “consensus” is there will be no rate hike announcement following that meeting. … Read More →
Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange withdrawals were 53.414 tonnes of gold during the week ended October 16, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are 2,062 tonnes. Through week 42 withdrawals on the Shanghai Gold Exchange were running 33.3% higher than last year. Hong Kong gold kilobar withdrawals … Read More →
Russian Gold Reserves. Russian Gold Reserves September 2015. Russia added 1.1 million ounces (34.21 tons) of gold to its reserves in September. Russia Boosts Gold Reserves and U.S. Treasury Holdings. Russian Gold Reserves Today, the Central Bank of the Russian Federation issued its official September, 2015 reserves and other foreign currency assets report. The report … Read More →
Shanghai Gold Exchange Withdrawals. The Shanghai Gold Exchange was closed for Golden Week (October 1-7). Total gold withdrawals on the Shanghai Gold Exchange year to date are 1,958 tonnes. Through week 39 withdrawals on the Shanghai Gold Exchange were running 37.2% higher than last year and 17.88% higher than 2013’s record withdrawals. Hong Kong gold … Read More →
In Case You Missed it Week Ended October 17, 2015. Stories from the week ended October 17, 2015. The week began again with contradictory statements from various U.S. Fed Officials on the possibility of interest rate hikes and ended on the same note. Rate hikes and negative interest rates were once again cited as possibilities. … Read More →
The Dark Side of Negative Interest Rates. Ten Reasons Negative Interest Rates are Even Worse than Artificially Low Interest Rates. Fed Chair Janet Yellen Is A Supporter of Negative Interest Rates. When Janet Yellen was first appointed to the Chair of the Federal Reserve we noted that Janet Yellen was a supporter of negative interest … Read More →
Shanghai Gold Exchange Withdrawals. The Shanghai Gold Exchange was closed for Golden Week. Total gold withdrawals on the Shanghai Gold Exchange year to date are 1,958 tonnes. Hong Kong gold kilobar withdrawals pass 567 tonnes in 2015. China and Gold We will update the Shanghai Gold Exchange withdrawals next week. In the meantime, here is … Read More →
In Case You Missed it Week Ended October 10, 2015. Stories from the week ended October 10, 2015. The week began with statements from various U.S. Fed Presidents on the possibility of interest rate hikes and ended on the same note. Gold opened the week at $1138.40 and closed up at $1156,40. Silver opened at … Read More →
China’s Gold Reserves. Chinese Gold Reserves increased by 15 tonnes in September. Total reported Chinese gold reserves stand at over 1,708 tonnes. For the fourth time in as many months, China has updated its gold reserves. In June 2015, China updated its gold reserves for the first time since 2009 by reporting an additional 604 … Read More →
Why COMEX Won’t Default. Four Reasons COMEX Won’t Default or Collapse. SMAULGLD BITCHUTE CHANNEL Watch Video on Bitchute New: Click here to see the companion video to this podcast below. Despite the predictions of many smart analysts of an imminent collapse or default of Comex, it hasn’t happened yet and probably won’t. Comex analysts have … Read More →
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