The Perth Mint Sold 19,259 Ounces of Gold in June. June Perth Mint gold sales of 19,259 topped U.S. Mint gold sales of 8,000 ounces. Perth Mint gold sales topped the U.S. Mint gold sales for the third month in a row. Gold sales at the Perth Mint in June 2017 were down 39% from … Read More →
American Gold Eagle Sales Remain Mired at Ten Year Lows. U.S. Mint sold 4,000 one ounce American Gold Eagles in June down from 10,000 sold in May. One ounce American Gold Eagle sales were down 94% in June from June 2016 sales of 62,500. June 2017 sales lowest June total since June 2007 when 1,000 … Read More →
The National Bank of Kazakhstan Added 4.67 tons (150,000 ounces) of Gold To Reserves in May. Total Gold Reserves Stood at 275.6 Tons (8.86 million ounces) at end of May 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 →
Fed Chair Janet Yellen Expresses Hope and Belief there will be no Financial Crisis. Yellen echoes other “timely’ predictions: “Peace in our time” “This time is different” and “A record to stand for all time”. Trump Goes on a Media Bashing Spree. Gold posts first monthly loss this year. Gold sales at U.S. Mint drop … Read More →
June Sales of American Gold Buffalo Coins down 86% from June 2016. U.S. Mint Sold 2,000 24K one ounce gold coins in June. Total American Gold Buffalo and American Gold Eagle Sales were 8,000 ounces in June down from 88,000 ounces in June 2016 or down 91%. The U.S. Mint sold 2,000 one ounce American … Read More →
Central Bank of Russia Continues to Boost Overall Reserves. Central Bank of Russia Adding Gold AND U.S. Treasuries. Central Bank of Russia Added 700,000 Ounces (21.77 tonnes) (worth $875m) of Gold To Reserves in May. Russian Holdings of U.S. Treasuries Top $100 Billion – Highest Since November 2014. Russia’s central bank holdings were at 1,708 … Read More →
Gold is a Store of Value If gold is viewed as a store of value and portfolio insurance rather than a speculative asset, it shines brightly. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Gold is a store of value. … Read More →
Central Banks World Wide Maintain Ultra Loose Monetary Policies – Except One. Bank of England leaves bank rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at £10bn Bank of Japan maintains pledge to keep short-term interest rates at minus 0.1%; rules out reducing its massive stimulus program. Swiss National Bank … Read More →
Do privately issued cryptocurrencies threaten fiat currencies or do they strengthen and compliment fiat currencies? Smaulgld Speculation Series – Episode 1 The purpose of this series is to throw out ideas that are not fully thought through and to have Smaulgld subscribers comment, discuss and debate them. Competing Currencies Most countries today have legal tender … Read More →
Indian Gold Imports up 205% in April. Prelimary May data shows four fold increase in Indian gold imports. Indian gold imports of 95 tons in April were up 205% from 31 tons in April 2016. Indian silver imports also gained in April. India passes 3% GST tax. You can buy Bitcoin, Ethereum and Litecoin through … Read More →
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