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 →
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 →
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 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 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 →
The National Bank of Kazakhstan Added 1.56 Tons (50,000 ounces) of Gold To Reserves in January. Total Gold Reserves Stood at 259.714 Tons (8.35 million ounces) at end of January 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 →
I view gold as the primary global currency- Alan Greenspan. Trump and Greenspan Clash Unknowingly. Don’t Bet on the SDR while Trump is in office. French Nationalist Marine Le Pen favored to win first round of Presidential Voting in April. Le Pen would take France out of the Euro. Dutch Nationalist Geert Wilders is expect … Read More →
Russian Central Bank Continues World Leading Gold Acquisition Spree in 2017. The Central Bank of the Russian Federation added 1,000,000 ounces (31.104 tons) of gold to its reserves in January 2017. Russia’s central bank holdings were at 1645.374 tons of gold at end of January 2017; the sixth most of any nation. Russian Central Bank … Read More →
The CIA Report on the Gold Market in 1972, the Year the U.S. Went Off the Gold Standard. Classification of the CIA report drops from “Secret” to “Confidential”. Focus on the decline of South African gold production and sales. Soviet Union gold sales accelerated in 1972. Grain Prices Skyrocket. Check out all the Smaulgld podcasts … Read More →
Other Central Banks Request Their Gold Back from the New York Fed Total Gold Held by the United States for its own Account and Gold Held by Fed for other Nations is on the Decline Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Please … Read More →