Russian Central Bank Continues World Leading Gold Acquisition Spree in February

Russian Gold Reserves June 2015 - February 2017

Central Bank of Russia Added 300,000 Ounces (9.33 tons) of Gold To Reserves in February. Russia’s central bank holdings were at 1654.705 tons of gold at end of February 2017; the sixth most of any nation. Russian Central Bank has added nearly 175% more gold to reserves than the People’s Bank of China over the Read More →

Shanghai Gold Exchange February Withdrawals Highest on Record

Shanghai gold exchange February withdrawals 2017

Shanghai Gold Exchange Withdrawals Rose 67% in February to 179.237 tons from 107.6 tons in February 2016. Shanghai Gold Exchange February withdrawals were down 3% from 184.41 tons withdrawn in January 2017. February 2017 gold withdrawals were the largest February total ever on the Shanghai Gold Exchange. Donate To Smaulgld.com via paypal You can compare Read More →

Perth Mint Gold Sales February Drop 32%

Perth mint gold sales February 2016- February 2017

The Perth Mint Sold 25,257 Ounces of Gold In February. Gold sales at the Perth Mint Fell Below 50,000 Ounces a Month For the First Time in Six Months in February. February 2017 Perth Mint Gold Were 32% Lower than February 2016 Gold Sales of 37,063 Ounces. Gold sales at the Perth Mint in February Read More →

Indian Gold Demand & Imports Bouncing Back

Indian gold imports 1999 - 2017 (january)

Early 2017 Indian Gold Imports Show Signs of Renewed Demand. Indian Gold Imports Rose Sharply When Rupee Demonetization Was Announced in November 2016 but Plummeted in December. Removal of Cash From Circulation Curbed Further Gold Sales in December; 10% Import Duty Remains Indian Gold Imports January Indian gold imports were 54 tons, a slight increase Read More →

Gold and Silver Hang On To Key Price Levels

gold silver scale

Gold and Silver Took Big Hits Last Week. Gold Holds Above $1200 an Ounce, Silver, $17 an Ounce. Bitcoin ETF Rejected by Securities and Exchange Commission. GOP Unveils Obamacare replacement. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Top stories: GOP reveals Obamacare replacement. Read More →

People’s Bank of China Gold Reserves Flat For Four Months

Peoples bank of china gold reserves june 2015 - february 2017

Peoples Bank of China Added 14.07 Tons of Gold to Reserves in February. The People’s Bank of China Added No Gold to Reserves in November 2016 and sold 20.97 tons of gold in December 2016, added back 6.91 tons in January and 14.07 tons in February. Total reported People’s Bank of China gold reserves stand Read More →

US Mint American Gold Buffalo Sales Third Highest Ever in February

February sales of American Gold Buffalo coins

Solid February for American Gold Buffalo Coin Sales. U.S. Mint Sold 15,000 24K one ounce gold coins in February. American Gold Buffalo sales in February 2017 were third largest February total in coin’s history. Total American Gold Buffalo and American Gold Eagle Sales were 42,500 ounces in February. The U.S. Mint sold 15,000 one ounce Read More →

America Needs a War, Any War

Marines

Theodore Roosevelt 1897: “I should welcome almost any war, for I think this country needs one.” Spanish American War Begins in 1898. The United States Has Been Involved in Dozens of Military Campaigns over the past 120 years since. Many US Wars Have Involved Fighting Muslims or Russians. War is the One Certain Way to Read More →

American Gold Eagle Sales Fall 69% in February

February sales of American Gold Eagles 1987 - 2017

American Gold Eagle Sales Drop From Elevated January Levels. U.S. Mint Sold 21,000 One Ounce American Gold Eagles in February. Total number of American Gold Eagles sold in January, including 1/10, 1/4/ 1/2 and one once coins was 60,000. Total ounces of gold attributable to all American Gold Eagle Coins were 27,500 ounces. Silver to Read More →

SnapChat To Go Public With Losses Greater than Revenues

wsfms you tube

SnapChat IPO Highlights Markets Have Learned Noting From the Dot Com Bubble Implosion of 2001 and the Stock Market Crash of 2008. Or Have They? Is it Rational to Speculate on Money Losing Enterprises? Do Profits Matter Anymore? Smaulgld appeared on Wall Street for Main Street with Jason Burack yesterday to discuss the current state Read More →