Silver and Gold Sales at the U.S. Mint in July 2015. Sales of American Silver and Gold Eagle Coins Set July Records. July American Silver Eagle Sales Set Record Despite Two Week Mint Shut Down. The United States Mint sold 5,529,000 American Silver Eagles in July up from June’s record amount of 4,840,000. Sales of … Read More →
Shanghai Gold Exchange volume for the week ended July 24, 2015. The Shanghai Gold Exchange withdrawals were 73.29 tonnes of gold during the week ended July 24, 2015 – the third largest week ever. Total gold withdrawals on the Shanghai Gold Exchange year to date are 1,410.56 tonnes. Withdrawals on the Shanghai Gold Exchange are … Read More →
Gold Sales at the U.S. Mint Head Towards Record July. Chinese and Indian Gold Demand Spikes in July. Newly Minted Gold Authorities Projecting Lower Prices. “Now if thou would’st, when all have given him over, From death to life thou might’st him yet recover.” Michael Drayton Lately, everyone is an authority on gold, especially its … Read More →
Sales of U.S. Mint 1/10 Ounce American Gold Eagle Coins Surge in July. Lower gold price drives smaller coin American Gold Eagle demand. Premiums on American Silver Eagle coins reach 30% at many dealers. Why it may make sense to buy small sized American Gold Eagle coins rather than American Silver Eagle coins. Update: July … Read More →
Shanghai Gold Exchange volume for the week ended July 17, 2015. The Shanghai Gold Exchange withdrawals were 69.175 tonnes of gold during the week ended July 17, 2015 – the fifth largest week ever. Total gold withdrawals on the Shanghai Gold Exchange year to date are 1337.27 tonnes. Withdrawals on the Shanghai Gold Exchange are … Read More →
Imagine an alternative universe where the financial media hates stocks and loves gold. Memordandum From: Rooters International To: Syndicated media partners Re: Stocks/Interviewing stock jockeys In order to get a consistent message out that stocks suck we are putting together a series of memoranda for our media affiliates that will contain helpful tips for covering … Read More →
There is No Greek Deal. This week’s podcast reviews the supposed “aGreekment” gold and silver prices and Janet Yellen’s Congressional testimony. Introduction 0:00-3:10 There is No “AGreekment” 3:10 discussion of the terms of the recent deal to avert a Greek exit from the Euro. There is no Greek deal only media events surrounding negotiations- just … Read More →
Russian Gold Reserves. Russian Gold Purchases in June 2015. Russia added 800,000 ounces (24.9 tons) of gold to its reserves in June. Russia’s Gold reserves since 2009 increase more than China’s Russia Boosts Gold Reserves, Reduces U.S. Treasury Holdings Russian Gold Reserves In Tons Since 2009 Russian gold reserves have increased by 668 tons which … Read More →
The People’s Bank of China Updates Its Gold Reserve Holdings Chinese Gold reserves jump 604 tons from 1,054 tons last reported in 2009 to 1,658 tons. Many gold observers ask – ‘Is that it’? Since 2009 China has mined over 2,000 tons of gold and imported over 3,300 tons of gold through Hong Kong*. Where … Read More →