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 →

Gold To Crude Oil Ratio

Gold to Crude Oil Ratio Oil falls by more than half in less than six months. Gold is up 8% from its November 2014 low. UPDATE: January 17, 2016- Gold Crude Oil Ratio Hits All Time High (charts updated regularly-click to see most current ratio) An Ominous Sign As oil plummets and gold rises, the Read More →

Perth Mint Gold and Silver Sales in 2014

Perth Mint Gold and Silver Sales in 2014. Silver Sales down 14.7% at the Perth Mint in 2014. Gold Sales down 24.9 % at the Perth Mint in 2014. Silver Sales at the Perth Mint in 2014 Sales of one ounce American Silver Eagle coins (ASE’s) at the United States Mint set a record in Read More →

Gold vs. World Currencies 2014

Gold vs the Japanese Yen 2014 chart

Gold vs. World Currencies. Gold Closes 2014 Higher Against All Major Currencies Except the U.S. Dollar. Gold Closes 2014 Down Less Than 2% Against the Dollar After Spending Most of 2014 in the Black. Gold Doesn’t Perform, it Endures. The price of gold ended slightly down against the United States dollar in 2014. Gold proponents Read More →