Chinese Gold Reserves increased by 9.02 tonnes (290,000 ounces) in March. Since starting monthly reporting in July 2015, China has added about 139 tonnes of gold to its reserves. Total reported Chinese gold reserves stand at 1,797.343 tonnes. Chinese Foreign Reserves rise from $3.20 trillion in February to $3.21 trillion in March. China continues to … Read More →
Gold Price in World Currencies First Quarter 2016. Gold Closed the First Quarter of 2016 Up Against the Dollar; Higher Against All Major Currencies. Gold had its best quarter in thirty Years in the first quarter. Gold vs. Major World Currencies in the First Quarter of 2016. Gold Doesn’t Perform, it Endures. Here are some … Read More →
Perth Mint Silver Sales Top One Million Ounces For the Seventh Month In A Row. March Perth Mint silver sales of 1,756,238 ounces were up 175% year over year. Silver Kangaroo bullion coin continues to drive massive silver sales. February Perth Mint gold sales of 47,948 ounces were up 40% year over year. Silver Sales … Read More →
Silver and Gold Sales at the U.S. Mint in March 2016. Sales of American Silver Eagle Coins set a first quarter record of 14,842,500. March 2016 sales of 4,106,500 were the second highest amount ever sold in March. Sales of American Silver Eagles in March 2016 were 16.7 % greater than March 2015 sales. March … Read More →
Russian Gold Reserves. The Central Bank of the Russian Federation added 300,000 ounces (9.33 tonnes) of gold to its reserves in February. Russia now has 1,446 tonnes of gold in reserve; the sixth most of any nation. Russian Gold Reserves After adding 6,700,000 ounces (208 tonnes) of gold to her reserves in 2015, and 700,000 … Read More →
Appetite for Gold in the East Remains Voracious. Rory Hall of the Daily Coin and I spoke yesterday about gold and silver demand in China, India, Russia and Kazakhstan – countries along the silk road. Please have a listen: Check out all the Smaulgld podcasts here. Please consider making a small donation to Smaulgld.com. Thanks! … Read More →
Smaulgld on Welcome To Dystopia Podcast I sat down with Eric Dubin of the News Doctors and Jason Burack of Wall Street For Main Street yesterday to discuss the silver and gold markets. Please have a listen: Check out all the Smaulgld podcasts here. Please consider making a small donation to Smaulgld.com. Thanks! Supplemental information … Read More →
In Case You Missed It – Week Ended March 12, 2016. Stories from the week ended March 12, 2016. The big economic news of the week was the European Central Bank’s announcement on Thursday that they would engage in more quantitative easing (bond buying) and lower interest rates further into negative territory. The Euro fell … Read More →
Smaulgld was intereviewed by Rethinking the Dollar recently. We discussed the direction of the dollar, U.S. debt levels, the cashless society, the increase in sales of silver at the U.S. and Perth Mint, the importance of gold to nations, China and gold and the Gold/Silver Ratio. Please have a listen: Check out all the Smaulgld … Read More →
Chinese Gold Reserves increased by 9.953 tonnes (320,000 ounces) in February. Since starting monthly reporting in July 2015, China has added about 130 tonnes of gold to its reserves. Total reported Chinese gold reserves stand at 1,788.323 tonnes. Chinese Foreign Reserves fall from $3.23 trillion in January to $3.20 trillion in February. China continues to … Read More →
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