American Gold Eagle Sales Continue to Stagnate. U.S. Mint sold 12,500 one ounce American Gold Eagles in July up from 4,000 sold in June. One ounce American Gold Eagle sales were down 58% in July from July 2016 sales of 30,000. Total number of American Gold Eagles sold in June were 46,500 including 1/10, 1/4/ … Read More →
The National Bank of Kazakhstan Added 3.42138245 tons (110,000 ounces) of Gold To Reserves in June. Total Gold Reserves Stood at 278.99 Tons (8.97 million ounces) at end of June 2017. Kazakhstan added 36.1989 tons (approximately 1,163,820 ounces) of gold to reserves in 2016. Kazakhstan Gold Reserves Rank 21st in the World. The National Bank … Read More →
The price of gold has correlated inversely to consumer sentiment the past ten years. As consumer sentiment falls, the price of gold rises. When consumer sentiment rises, the price of gold falls. Is the Price of Gold Simply a Matter of Sentiment? The Consumer Sentiment and Gold Price Correlation Investors analyze many data points when … Read More →
Samsung Follows Apple in Recovering Precious Metals From its Used Phones. Federal Reserve’s Fast Payments Task Force Analyzes Viability of Fed Coin Citizen Created Scruptual Euros Capture Bank of Italy’s Attention. Bitcoin Soars as BIP91 passes 80% threshold. Video Commentary to “Samsung to Recover Silver & Gold From its Smart Phones” You can buy Bitcoin, … Read More →
Central Bank of Russia Continues to Boost Overall Reserves in June. Central Bank of Russia adds Gold and U.S. Treasuries to reserves. Central Bank of Russia added 300,000 Ounces (9.33 tonnes) of Gold To Reserves in June. Since June 2015, the Central Bank of Russia has added over 435 tons of gold to reserves. Russian … Read More →
Peoples Bank of China Adds No Gold to Reserves Again in June. PBOC U.S. Treasury holdings on the rise. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the fifth month in a row, up $3.22 billion in June, to $3.057 trillion. … Read More →
Shanghai Gold Exchange Withdrawals rose 12.6% in June to 155.508 tons up from 138.079 tons in May. Shanghai Gold Exchange June withdrawals were up 12.3% from 138.5 tons withdrawn in June 2016. Through June 2017, gold withdrawals were at the third highest level compared to prior years totals through June. Donate To Smaulgld.com via paypal … Read More →
Indian Gold Imports up 511% in May. Indian gold imports of 220 tons in May were up from 36 tons in May 2016. May Indian Gold Imports were the largest one month total in twenty years. The impact of 220 tons imported into India on the price of gold was de minimus Indian silver imports … Read More →
Deutsche Bundesbank gold reserves shrink 45 tons over the past ten years. German Central Bank holdings fall From 3,420.6 tons at the end of Q2 2007 to 3375.6 tons at the end of May 2017, a drop of 1,446,783 ounces. German gold reserves have decreased 1.3% over ten years. Bring the Gold Home & Sell … Read More →