Indian Gold Imports Slow in September

Indian Gold Imports 1999 - 2017 through September

India imported 40.482 (1,301,526 ounces) of gold in September. Indian gold imports in September were down 3.6% from 42 tons imported in September 2016. September gold imports were down 11.7% from August’s imports of 45.871 tons. Preliminary October Indian gold imports are projected to be down 30% from 86 tons in October 2016. Watch this Read More →

Perth Mint Gold Sales Top US Mint Sales Again in October

Perth mint gold sales vs US Mint american gold eagle sales July 2016 - October 2017

The Perth Mint Sold 44,618 Ounces of Gold in October. October Perth Mint gold sales topped U.S. Mint one ounce American Gold Eagle sales of 11,000 ounces by over three times. Perth Mint gold sales topped the U.S. Mint gold sales for the eighth month in a row. Gold sales at the Perth Mint in Read More →

People’s Bank of China Gold Reserves Flat Again in October

Chinese gold reserves 2009 - 2017 october

People’s Bank of China Added No Gold to Reserves in October. The People’s Bank of China has not added any gold to reserves since they were admitted to the SDR in October 2016. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for Read More →

American Gold Buffalo Sales Show Some Life in October

October sales of American Gold Buffalo coins 2006 - 2017

October Sales of American Gold Buffalo Coins down 75% from October 2016. U.S. Mint Sold 7,000 24K one ounce gold coins in October vs. 28,500 sold in October 2016. October sales were an improvement from September sales of 1,500. Total American Gold Buffalo and American Gold Eagle Sales were 22,500 ounces in October down 89% Read More →

American Gold Eagle Sales Nudge Higher in October

American Gold Eagle Sales By Month 2016 v 2017 through October

American Gold Eagle Sales Bounce Slightly Off the Bottom. U.S. Mint sold 11,000 one ounce American Gold Eagles in October up from 8,000 sold in September. One ounce American Gold Eagle sales were down 89% in October from October 2016 sales of 100,500. Total number of American Gold Eagles sold in October were 45,000 including Read More →

2+2=Gold!

Analyzing each piece of “news” from the perspective of its impact on gold often leads to faulty conclusions and wildly incorrect predictions. Smaulgld discusses on Wall Street for Main Street You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out Read More →

Chinese Central Bank Governor Warns on China’s Growing Debt Pile

Chinese debt warning

People’s Bank of China’s Governor warns of potential sharp correction and Minsky Moment. Venezuela lets $1.7 billion gold swap with Deutsche Bank Lapse. China Issues $2 billion in Dollar Denominated Bonds – 11X Oversubscribed. China hopes its State Owned Enterprised US Dollar borrowing costs will be lowered. China to purchase 24% of all Chinese residential Read More →

It’s Been a Year Since People’s Bank of China Added Gold To Reserves

People's Bank of China Gold Reserves - 2009 - September 2017

People’s Bank of China Added No Gold to Reserves in September. The People’s Bank of China has not added any gold to reserves since they were admitted to the SDR in October 2016. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for Read More →

Why it’s Going to Take Years to Internationalize the Chinese Yuan

yuan denied

China’s Gradual Internationalization of the Yuan. Chinese internal debt stands at 300% of GDP Before Unfunded Social Security Obligations. Mike Maloney of goldsilver.com calls out Smaulgld! The problem with analyzing soley from the gold perspective. 2+2=GOLD Honest money must be surrounded honest narratives and reporting. Regulated Bitcoin futures trading begins. Russia makes huge gold purchase Read More →

Russia Steps Up Gold Purchases With Massive Buy in September

Russian Annual gold reserves additions 2006- 2017 through September

Russia Adds 1,100,000 Ounces of Gold To Reserves in September. Since June 2015, the Central Bank of Russia has added about 500 tons of gold to reserves. September’s 34.21382 ton gold addition bring Russia’s Central Bank holdings to 1,779 tons; the sixth most of any nation, close behind the People’s Bank of China. Overall Russian Read More →