U.S. Mint November 2016 American Gold Eagle Sales Report. The U.S Mint sold 129,000 one ounce American Gold Eagle Coins in November up 29.4% from 100,500 sold in October 2016 and up 60.2% from 80,500 sold in November 2015. U.S. Mint sell 259,000 American Gold Eagle Coins in November Total ounces of gold attributable to … Read More →
US Mint’s American The Beautiful Five Ounce Silver Coins. Mintages Remain Low on the U.S. Mint’s “Other Silver” Coin. Interconnectedness of Silver and India’s War on Cash. Last week Rory Hall of the Daily Coin and I discussed the U.S. Mint’s silver sales for 2016, including sales of America The Beautiful and American Silver Eagle … Read More →
Russian Central Bank Gold Reserves October 2016. The Central Bank of the Russian Federation added 1,300,000 ounces (40.44 tons) of gold to its reserves in October. October’s gold addition to reserves was Russia’s largest since 1998. From January 2016 through October 2016, Russia has added over 165 tons of gold to reserves. October’s gold addition … Read More →
Indian Prime Minister Recalls 500 and 1000 Rupee Notes on One Day Notice. Gold Demand and Premiums Soar in Aftermath of Announcement. Gold Premiums soar to 66% Gold Sales Spike 23X! Long Lines and Lack of Cash To Exchange Rupees. The Official Reason vs. The Real Reason. India’s Shocking Surprise Attack on Cash Modi’s Announcement … Read More →
Donald Trump Elected 45th President of the United States. Gold and Silver Crash, Dollar Strengthens, Dow Jones Hits All-Time High & Copper Soars. Political uncertainty is good for the US dollar – even if its US political uncertainty. Trump to replace global crony capitalism with nationalist crony capitalism? Trump to create new class of voters … Read More →
Shanghai Gold Exchange Withdrawals in 2016 Are Down 28% Year Over Year Through October. Shanghai Gold Exchange October withdrawals were 153.3 tonnes. October 2016 gold withdrawals were 13% lower compared to 176.288 tonnes withdrawn in October 2015. Through October 2016, withdrawals of 1560 tonnes were 28% lower than withdrawals of 2165 tonnes through October 2015. … Read More →
Indian Prime Minister Announces Effective Midnight November 8, 500 and 1000 Rupee Notes Will Be Withdrawn From the Financial System. ₹500 and ₹1000 Notes Cease to be Legal Tender at Midnight November 8, 2016 Indian ₹500 and ₹1000 Notes to Be Deposited by end of December, or Become Worthless. The government will issue new ₹500 … Read More →
Gold Sales at the Perth Mint in October 2016 Gold sales at the Perth Mint in October 2016 were 79,048 ounces up 36% from September 2016 sales of 58,111 ounces. Perth Mint October sales of gold were the highest monthly total since May 2013 when the Perth Mint sold 87,000 ounces. The Perth Mint sales … Read More →