The State of the U.S. Economy

picture of a wave swell

The State of the U.S. Economy The United State economy is weak, yet the Federal Reserve continues to tout a “solid” economic recovery story while threatening to raise interest rates. Reality will eventually catch up with the Fed and those believing the media’s recitations of U.S. economic recovery narrative. Podcast Summary: Intro: 0:00-6:58 The Disconnect Read More →

Russia and De-Dollarization

Russia and De-Dollarization and Rebalancing Reserves Russia has spent over a year of de-dollarizing and rebalancing its reserves Russia’s Gold Reserves vs. U.S. Treasury holdings. Russia boosted gold reserves 16% in 2014 while lowering their U.S. Treasury Holdings by nearly 30% as part of its de-dollarization strategy. Russia added 18.7 tons of gold to its Read More →

Shanghai Gold Exchange Delivers 70 Tonnes of Gold

The Shanghai Gold Exchange. The Shanghai Gold Exchange delivers 70.003 tonnes of gold for the week ended January 16, 2015. The Shanghai Gold Exchange opens 2015 trading by delivering 131 tonnes of gold. Gold deliveries for the week ended January 16 were the third largest weekly volume in the exchange’s history. Fractional American Gold Eagles Read More →

Russia Adds 600,000 Ounces of Gold to its Reserves in December

Russian Gold Purchases in December 2014. Russian Gold Reserves Russia adds 600,000 ounces (18.7 tons) of gold to its gold reserves in December. Russia ends 2014 with 38.8 million ounces (1,207 tons) of gold in reserves. Russia’s Gold Buying Binge Continues Despite Rouble Woes – Adds Another 600,000 Ounces to its Gold Reserves in December Read More →

European Central Bank Announces Quantitative Easing Program

European union flag

European Central Bank Announces Quantitative Easing Program. ECB acts in part on advice from U.S. Federal Reserve Vice Chairman. Will Buy Bonds with a Negative Yield. The European Central Bank Set to Start its own Quantitative Easing Program. European Quantitative Easing Plan to top €1.1 trillion. Quantitative easing has gone transcontiental, now reaching continental Europe. Read More →

Save our Swiss Bank – The Fall Out Has Just Started

euro peg

Save Our Swiss Bank. The Swiss National Bank abandons the Franc/Euro peg as a potential ECB QE announcement and a Greek exit from the Eurozone draw near. Oil derivatives have yet to blow up. The ship has already hit the iceberg. There is a lag effect that will eventually sink the financial system. Just because Read More →

Silver Coin Demand – A Historical Perspective

Silver Coin Demand – A Historical Perspective The United States Mint used a staggering 550 million ounces of silver to produce nearly four billion 1964 dated dimes, quarters and half dollars. In contrast, the U.S. Mint sold a “record” 44 million one ounce American Silver Eagle coins in 2014. Buy American Silver Eagle Coins The Read More →

Shanghai Gold Exchange Delivers 61 Tonnes of Gold in First Full Week of 2015

chart showing the shanghai gold exchange gold deliveries in the first full week of 2015

The Shanghai Gold Exchange The Shanghai Gold Exchange delivers 61.126 tonns of gold for the week ended January 9, 2015. The Shanghai Gold Exchange opens 2015 trading with strong volume. Fractional American Gold Eagles in 1/10, 1/4 and 1/2 oz Sizes for Smaller Budgets. The volume of gold delivered on the Shanghai Gold Exchange since Read More →

Swiss National Bank Drops Franc Euro Peg

Swiss National Bank drops Franc Euro peg

Swiss National Bank Drops Franc Euro Peg. SNB drops libor target range to between minus 1.25% and minus 0.25% from between minus 0.75% and 0.25%. Swiss Franc Soars/Gold Rises Against Other Currencies How To Buy Gold Fractional American Gold Eagles in 1/10, 1/4 and 1/2 oz Sizes for Smaller Budgets Save our Swiss Bank? SNB Read More →

Predictions for 2015 – Real Estate and the Economy

new home sales chart

Real Estate Predictions for 2015. Economic Predictions for 2015. Gold and Silver Predictions for 2015. The economy will not boost home sales, rather government stimulus and programs may do the trick. Interest rates will remain low as the Fed engages in “Quantitative Patience” and talks about raising rates only. Gold and silver demand will out Read More →