Chinese Central Bank Governor Warns Again of Financial Crisis Risk

Chinese debt warning

More cracks appear in China’s economy and another warning from a People’s Bank of China governor. Gold Backed Yuan Story Continues to be Peddled. The Economy of China is Based on the Dollar. Counterfeit Royal Canadian Mint gold sold at Royal Bank of Canada. South Korea to Regulate Bitcoin as a Commodity. CME Group Announces Read More →

American Gold Eagle Sales Nudge Higher in October

American Gold Eagle Sales By Month 2016 v 2017 through October

American Gold Eagle Sales Bounce Slightly Off the Bottom. U.S. Mint sold 11,000 one ounce American Gold Eagles in October up from 8,000 sold in September. One ounce American Gold Eagle sales were down 89% in October from October 2016 sales of 100,500. Total number of American Gold Eagles sold in October were 45,000 including Read More →

2+2=Gold!

Analyzing each piece of “news” from the perspective of its impact on gold often leads to faulty conclusions and wildly incorrect predictions. Smaulgld discusses on Wall Street for Main Street You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out Read More →

CME Group, Owner of COMEX, Says Bitcoin is a Store of Value

Bitcoin image

The CME Group has a pending application with the Commodity Futures Trading Commission (CFTC) to list a Bitcoin futures contract. Start up Ledger X began trading Bitcoin futures as the first US regulated cryptocurrency exchange last month. The CME Group says its their turn comparing Bitcoin to Gold. Also watch the video companion to this Read More →

American Silver Eagle Sales Rebound Sharply From September Lows

October Sales of American Silver Eagles 1987 - 2017

October American Silver Eagle Sales Spike 225% from September Sales of 320,000. U.S. Mint Sold 1,040,000 American Silver Eagles in October. Sales of American Silver Eagles fell 73% from 3,825,000 sold in October 2016. October 2017 sales of American Silver Eagles were lowest October sales since October 2007. Click to View The American Eagle Sales Read More →

Chinese Central Bank Governor Warns on China’s Growing Debt Pile

Chinese debt warning

People’s Bank of China’s Governor warns of potential sharp correction and Minsky Moment. Venezuela lets $1.7 billion gold swap with Deutsche Bank Lapse. China Issues $2 billion in Dollar Denominated Bonds – 11X Oversubscribed. China hopes its State Owned Enterprised US Dollar borrowing costs will be lowered. China to purchase 24% of all Chinese residential Read More →

Forget the Petro Yuan, Here Comes the Dollar Backed Yuan!

Composition of Foreign Reserves 2016 - 2017

China Issues $2 Billion in Dollar Denominated Bonds. China Boosts its U.S. Treasury Holdings to $1.2 Trillion in 2017. The Yuan’s percentage of foreign transactions and reserves remains miniscule. Video Commentary to “Forget the Petro Yuan, Here Comes the Dollar Backed Yuan!” Watch Video on Bitchute and Vidme below You can buy Bitcoin, Ethereum and Read More →

It’s Been a Year Since People’s Bank of China Added Gold To Reserves

People's Bank of China Gold Reserves - 2009 - September 2017

People’s Bank of China Added No Gold to Reserves in September. 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 →

Why it’s Going to Take Years to Internationalize the Chinese Yuan

yuan denied

China’s Gradual Internationalization of the Yuan. Chinese internal debt stands at 300% of GDP Before Unfunded Social Security Obligations. Mike Maloney of goldsilver.com calls out Smaulgld! The problem with analyzing soley from the gold perspective. 2+2=GOLD Honest money must be surrounded honest narratives and reporting. Regulated Bitcoin futures trading begins. Russia makes huge gold purchase Read More →

Bitcoin Derivative Trading Has Arrived

Bitcoin Litecoin Ratio

Regulated Bitcoin Derivatives Platform Launches. LedgerX, the First Federally Regulated Cryptocurrency Clearing House and Exchange is Open for Business. During LedgerX’s first week soft launch over $1 million worth of cryptocurrency swaps and options were traded. From October 18- 21, Bitcoin rose from $5,150 to $6,150, while most alt coins, like Litecoin fell. Correlation or Read More →