Wikileaks 1974 Cable Reveals Purpose of Creation of Gold Futures Market. Top economic stories of the week: Wilikeaks 1974 cable confirming the intent of the creation of a gold futures market prior to the legalization of gold at the end of 1974. 1933: gold ownership banned (FDR executive order 6102) 1944: Bretton Woods Agreement (established … Read More →
Peoples Bank of China Adds 80.203 Tons of Gold to Reserves in 2016. The People’s Bank of China Added No Gold to Reserves in November or December 2016. Total reported People’s Bank of China gold reserves stand at 1842.56 tonnes. Gold Acquisition Halted For Second Month in a Row as Chinese Foreign Reserves Fall by … Read More →
Gold Sales at the Perth Mint Spike 13.8% in 2016. Gold sales at the Perth Mint in 2016 were 520,295 ounces up 13.8% from 2015 gold sales of 457,132 ounces. Perth Mint Gold Sales Finish Strong Topping 50,000 Ounces For Fourth Month in a Row in December. Gold sales at the Perth Mint in December … Read More →
The National Bank of Kazakhstan Added 3.11 Tons (100,000 ounces) of Gold To Reserves in November. Total Gold Reserves Stood at 254.73 Tons at end of November 2016. Kazakhstan Gold Reserves Rank 21st in the World. The National Bank of Kazakhstan added 100,000 ounces of gold to her reserves in November. Along with the Central … Read More →
Gold and Silver Finish 2016 Higher. Click here to see the Smaulgld commentary video to this report below. Gold and silver. Gold closed last week at $1133.50 an ounce and closed this week at $1150 up 8.5% from the close of 2015 of $1060 an ounce. Silver closed last week at $15.73 an ounce and … Read More →
Gold Rose 8.5% vs. the U.S Dollar in 2016. Gold breaks three year losing streak in 2016 vs. the U.S. Dollar; higher against the Euro, the Australian and Canadian Dollars currencies three years in a row. Gold hit all time highs against the Syrian Pound, the Turkish Lira and Ukraine Hyrvnia during 2016. Silver out … Read More →
The War On Cash Expands. India, Venezuela, Europe, Pakistan, Australia among sovereign issuers that have pulled or considered pulling their currencies. Bitcoin soars. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Top News A terrorist truck attack in Berlin was the main story of the week. Top Economic News India’s war … Read More →
2016 U.S. Mint Gold Sales Hit Six Year High. U.S. Mint Sold 219,500 24K American Gold Buffalo one ounce gold coins in 2016. U.S. Mint Sold 1,968,500 22K American Gold Eagle coins in various denominations representing 985,000 ounces of gold in 2016. 1,204,500 ounces of gold sold at the U.S. Mint in 2016 was the … Read More →
U.S. Mint November 2016 American Gold Eagle Sales Report. The U.S Mint sold 817,500 one ounce American Gold Eagle Coins in 2016 up 30.1% from 626,500 sold in 2015 and up 97% from 426,500 sold in 2014. Sales of one ounce American Gold Eagles were the highest since 2011 Total ounces of gold attributable to … Read More →