Gold Sales at the Perth Mint in July 2016 The Perth Mint sold 16,870 ounces of gold in July 2016 down 67% year over year from 51,088 ounces sold in July 2015. Gold sales at the Perth Mint in July 2016 were down 46% from June 2016 sales of 31,368 ounces. Perth Mint says North … Read More →
Increase in Swiss Gold Exports to the United States Puts Hype Machine into Overdrive. Just 20 Tons of Gold Sent From Switzerland to United States in June Spawns Improbable Tales The Latest in Precious Metals Hype and Click Bait Some commentators and analysts have noted the massive increase in gold imports* to the United States … Read More →
U.S. Mint July 2016 American Gold Eagle Sales Report. The U.S Mint sold 30,000 one ounce American Gold Eagle Coins in July down 52% from 62,500 sold in June 2016 and down 79% from 144,500 sold in July 2015. Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and … Read More →
Liberty Silver Estonia Announces That it Will Temporarily Not Accept New Orders starting July 25, 2016. Sweden, Proponent of the “Cashless Society”, Levies Tax Charges Against Estonian Precious Metals Dealer. Swedish Taxing Authority Action Against Liberty Silver Estonia Follows the Closing of Swedish Precious Metals Dealer Tavex Guld & Valuta’s Bank Account Without Notice by … Read More →
Russian and Chinese Central Banks Up Their Gold Reserves in June. India Silver and Gold Imports Remain at Lower Levels in 2016. Russian, Chinese and Indian Gold and Silver Update Yesterday, (Fired-up Friday) Rory Hall and I from the Daily Coin held our bi-weekly Russia and Asian gold and silver update call. Prior to discussing … Read More →
Russian Gold Reserves June 2016. The Central Bank of the Russian Federation added 600,000 ounces (18.662 tonnes) of gold to its reserves in June. Russia adds most gold to reserves since January 2016. June’s gold addition brings Russia’s gold holdings to nearly 1,500 tons; the sixth most of any nation. Russian Gold Reserves After adding … Read More →
April 2016 Indian Gold Imports Bounce off March’s Low Level. Gold Imports Remain Under Pressure From a Nationwide Jeweler Strike, Increased Duties, Taxes and Government Intervention. Indian Gold Imports April 2016 Indian gold imports were 31 tons (approximately 997,000 ounces) in April. Last year we released a survey of India and Gold that covered supply … Read More →
Physical Buying Not a Major Factor in Gold and Silver’s Recent Price Increase Precious Metals ETF Demand and Record COMEX Open Interest Drive Gold and Silver Prices Higher vimeo from Smaul Gld on Vimeo. Click here for a You Tube version Check out all the Smaulgld podcasts here. Please consider making a small donation to … Read More →
Gold ETFs vs. Physical Gold. Gold ETF Shares Provide Exposure to the Price of Gold But Not Gold Ownership. Insured Vaulted Gold vs. Gold ETF Shares. If you are buying gold for insurance against bad outcomes exchange traded funds (ETFs) have three major issues: 1. If the stock market closes or there is a bank … Read More →
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