The BRICS vs. the West and Japan. How do the BRICS stack up against the western nations? What is China’s role? China’s recent admission to the International Monetary Fund’s (IMF) Special Drawing Rights (SDR’s) highlights how China straddles the world of emerging markets and established markets. China is considered the key country in the emerging … Read More →
China’s Gold Reserves. Chinese Gold Reserves increased by 21 tonnes in November. Amount is largest monthly addition since China began monthly reporting of gold reserves. Total reported Chinese gold reserves stand at over 1,743 tonnes. For the sixth time in as many months, China has updated its gold reserves. In June 2015, China updated its … Read More →
American Gold Eagle Premiums. American Gold Eagle Premiums Rise as U.S. Mint Abrupty Halts Production. Sales of 22K American Gold Eagle and 24K American Gold Buffalo coins surge in second half of year and November. Is there a Gold Shortage? The big story at the U.S. Mint in 2015 was the surge in sales of … Read More →
SDRs By The Numbers. The Chinese Yuan was newly admitted to the International Monetary Fund’s Special Drawing Rights Currency Basket (SDR) on November 30, 2015. Weighting of the Yuan will be 10.9% of the SDR. Euro weighting was reduced from 37.4% to 30.93%; yet the Eurozone has 34.4% of GDP and nearly half of the … Read More →
Perth Mint Sales. Perth Mint silver and gold sales November 2015. November Perth Mint silver sales of 1,145,239 ounces were up 34.4% year over year. New Silver Kangaroo bullion coin continues to drive massive silver sales. Perth Mint gold sales were down 36.6% in November year over year. Silver Sales at the Perth Mint in … Read More →
Silver and Gold Sales at the U.S. Mint in November 2015. Sales of American Silver Eagle Coins in November set November Record and Push Overall Sales to a New Annual Record Record sales achieved despite ongoing reduced Authorized Purchaser allocations. November sales of American Gold Eagle coins rebound sharply from October levels. The United States … Read More →
Canadian Mint Third Quarter Sales. Canadian Mint Reports Record Quarterly Silver Sales. Canadian Mint Silver Sales on Pace To Surpass 2014’s Record. Sales of Canadian Silver Maple Leaf coins and bars rose to a quarterly record of 9.5 million ounces, up from a record 8.9 million ounces in the first quarter of 2015 and up … Read More →