China Unexpectedly to Allow Majority Ownership of Chinese Companies to Foreigners. Chinese Perpetual Bonds Hide Debt Issuances by Labelling them as Equity. Venezuela Defaults. China and Russia plan billion dollar gold deals. Golkad Backed Yuan Source found! Bitcoin Plummets as Bitcoin Cash Soars. Gold price hit with $4 billion sell order. Guess which country has … Read More →
Switzerland Has The Most Gold Per Capita, with Nearly Four Ounces Per Person. The central banks of eight countries have at least one ounce per person. None of the central banks of The United States, China or Russia have an ounce of gold per person in their countries. There are approximately 6.012 billion of ounces … Read More →
The National Bank of Kazakhstan Passes The Central Bank of Lebanon To Claim 17th Place Among Gold Holding Nations. Kazakhstan added 4.67 tons (150,000 ounces) of gold to reserves in September. Total Gold Reserves Stood at 289.26233 Tons (9.3 million ounces) at end of September 2017. Kazakhstan added 36.1989 tons (approximately 1,163,820 ounces) of gold … Read More →
India imported 40.482 (1,301,526 ounces) of gold in September. Indian gold imports in September were down 3.6% from 42 tons imported in September 2016. September gold imports were down 11.7% from August’s imports of 45.871 tons. Preliminary October Indian gold imports are projected to be down 30% from 86 tons in October 2016. Watch this … Read More →
The Perth Mint Sold 44,618 Ounces of Gold in October. October Perth Mint gold sales topped U.S. Mint one ounce American Gold Eagle sales of 11,000 ounces by over three times. Perth Mint gold sales topped the U.S. Mint gold sales for the eighth month in a row. Gold sales at the Perth Mint in … Read More →
Indian Silver Imports Spiked 152% in September. Indian silver imports were 566.778 tons (18,222,336 ounces) in September. September 2017 Indian silver imports were up 152% from 225 tons in September 2016. September silver imports were up 14.4% from 495.56 tons imported in August. Indian Imports of 4,035 tons of silver in the first nine months … Read More →
People’s Bank of China Added No Gold to Reserves in October. The People’s Bank of China has not added any gold to reserves since they were admitted to the SDR in October 2016. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for … Read More →
Silver sales at the Perth Mint in October were 999,425 ounces, up 43% from September 2017 sales of 697,849 ounces. Year over year October 2017 Perth Mint silver sales were down 7.8% from October 2016 sales of 1,084,213 ounces. October Perth Mint sales of 999,425 ounces were slightly lower than October U.S. Mint Silver Eagle … Read More →
October Sales of American Gold Buffalo Coins down 75% from October 2016. U.S. Mint Sold 7,000 24K one ounce gold coins in October vs. 28,500 sold in October 2016. October sales were an improvement from September sales of 1,500. Total American Gold Buffalo and American Gold Eagle Sales were 22,500 ounces in October down 89% … Read More →
Swiss National Bank Mining Portofolio Shares and Value Increase in 3rd Quarter. SNB adds back shares in nearly all of its mining holdings. SNB slows purchases of its Unicorn and Fang stocks. SNB owns approximately $3.3 billion in Apple, $1.7 billion in Amazon, $1.6 billion in Facebook, $170m in Newmont Mining and $150 million in … Read More →
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