The Shanghai Gold Exchange Delivers 255 Tons of Gold In January

chart showing gold deliveries on the shanghai gold exchange in january 2015

The Shanghai Gold Exchange. The Shanghai Gold Exchange delivers 53.669 tonnes of gold for the week ended January 30, 2015. The Shanghai Gold Exchange opens 2015 trading by delivering 255 tonnes of gold. Gold deliveries in January 2015 top 2014’s record deliveries. China’s Golden Era The Shanghai Gold Exchange delivered over 53 tonnes of gold Read More →

Will U.S. Infrastructure Bonds Be The Next Stimulus?

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U.S. Infrastructure Bonds If the President can’t get his tax increases through Congress to pay for infrastructure improvements, are infrastructure bonds an option? Will a bridge collapse prompt demand for infrastructure bonds? Podcast Summary: Introduction: 0:00-3:00 How Will the Fed Push off Raising Rates and Re-introduce QE? 3:00-12:35 discussion of what excuses the Fed will Read More →

Chinese vs. United States Gold Demand – Perspective

chart showing the volume of American gold eagles sold in 2014 vs sales on the Shanghai gold exchange in January 2015

Chinese vs. United States Gold Demand The amount of gold delivered on the Shanghai Gold Exchange is staggering, especially when compared to sales of American Gold Eagle coins, the world’s largest selling gold coin. Shanghai Gold Exchange Physical Gold Deliveries vs. Sales of American Gold Eagle Coins Sales of American Gold Eagle coins have declined Read More →

The Silver To Gold Sales Ratio January 2015

chart showing sales of amerian silver eagle coins in January 1987-2015

Silver and Gold Sales at the U.S. Mint in January 2015 January sales of 5,530,000 American Silver Eagles were the fourth largest January total ever. Sales of one ounce American Gold Eagle sales were a modest 51,500 in January. U.S. Mint Sells 107.38 times more American Silver Eagles than one ounce American Gold Eagles in Read More →

Denmark, Gold and the Euro

denmark gold and the euro

Denmark, Gold and the Euro. The National Bank of Denmark Vows to Maintain the Krone Euro Peg. Will Denmark Abandon the Krone Euro Peg? “We have the necessary tools to defend the peg,” Karsten Biltoft, head of communications at the Danish National Bank. The Swiss National Bank Cries “Uncle”. Earlier this month, the Swiss National Read More →

The State of the U.S. Economy

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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

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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 →