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 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 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 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 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 →
Silver and Gold Sales at the U.S. Mint in April 2015 Sales of American Gold and Silver Eagles Tail Off in April. The United States Mint sold 2,851,500 American Silver Eagles in April down from 3,519,000 sold in March. Sales of one ounce American Gold Eagle sales were down in April to 23,500 from 35,000 … Read More →
Shanghai Gold Exchange volume for the week ended April 17, 2015. The Shanghai Gold Exchange delivered 49.954 tonnes of gold during the third week of April. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 731 tonnes. The volume of gold delivered on the Shanghai Gold Exchange through the third week … Read More →
Does the Fed Need to Raise Interest Rates Are rate increases necessary to combat de-dollarization initiatives? The Fed and De-Dollarization. A drop in foreigners holding U.S Treasuries may indicate declining demand. The Fed’s top allegiances are to its shareholder banks and the U.S. Government. If higher rates are needed to help the U.S. Government raise … Read More →
Russian Gold Reserves. Russian Gold Purchases in March 2015. After a two month hiatus from gold buying, Russia adds one million ounces of gold to its reserves in March Russia continues to shed U.S. Treasury Bonds as de-dollarization continues. Russia Boosts Gold Reserves, Sells U.S. Treasuries The Central Bank of the Russian Federation published its … Read More →
The Shanghai Gold Exchange. Gold Withdrawals on the Shanghai Gold Exchange. The Shanghai Gold Exchange delivered 34.527 tonnes of gold during the week ended April 10, 2015. Gold withdrawals on the Shanghai Gold Exchange fall for the second week in a row. Total gold withdrawals year to date are about 680 tonnes. A burgeoning domestic … Read More →
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