Perth Mint October Silver Sales Top One Million Ounces


October Perth Mint silver sales of 1,084,213 ounces were up 5.1% from 1,031,858 ounces sold in September and up 188% from August sales of 376,467 ounces. Silver sales at the Perth Mint in October were down 38.1% year over year from October 2015 sales of 1,751,898 ounces. Perth Mint: Higher sales in September and October Read More →

Indian Government Bans 500 and 1000 Rupee Notes Effective Almost Immediately

Indian Prime Minister Announces Effective Midnight November 8, 500 and 1000 Rupee Notes Will Be Withdrawn From the Financial System. ₹500 and ₹1000 Notes Cease to be Legal Tender at Midnight November 8, 2016 Indian ₹500 and ₹1000 Notes to Be Deposited by end of December, or Become Worthless. The government will issue new ₹500 Read More →

Perth Mint Gold Sales Hit Three Year High in October

Gold Sales at the Perth Mint in October 2016 Gold sales at the Perth Mint in October 2016 were 79,048 ounces up 36% from September 2016 sales of 58,111 ounces. Perth Mint October sales of gold were the highest monthly total since May 2013 when the Perth Mint sold 87,000 ounces. The Perth Mint sales Read More →

People’s Bank Of China Adds Four Tons of Gold To Reserves in October


The People’s Bank of China Added 130,000 Ounces (4.04 Tons) of Gold to Reserves in October. Total reported People’s Bank of China gold reserves stand at 1842.56 tonnes. Pace of Gold Acquisition Continues to Moderate as Chinese Foreign Reserves Fall. PBOC foreign reserves fell from $3.166 trillion in September to $3.12 trillion in October, the Read More →

Political Certainty Can Not Be Printed – ICYMI Week Ended 11/05/2016 – Podcast

U.S. Presidential Race/Outcome To Create Political, Economic and Market Turmoil. Federal Reserve Policy re Interest Rates Can’t Eliminate Impact of Political Uncertainty. Media Organizations Struggle with Profitability The top story of the week: Presidential race continues to dominate the news cycle. Wikileaks adds ‘spirit cooking‘ to the general lexicon. Hints of pending federal criminal indictment Read More →

American Gold Buffalo Sales Rise 171% in October

Sales of American Gold Buffalo Coins Jump 171% in October. U.S. Mint Sells 28,500 24K one ounce gold coins in October. American Gold Buffalo sales in October highest since January. The U.S. Mint sold 28,500 one ounce American Gold Buffalo coins in October, up 171% from 10,500 sold in October 2015. Sales of American Gold Read More →

American Silver Eagle Sales Rebound 128% in October – Podcast


U.S. Mint October 2016 American Silver Eagle Sales Report. U.S. Mint Sells 3,825,000 American Silver Eagle coins in October. Sales of American Silver Eagles in October were up 128% from 1,675,000 sold in September 2016 and up 1% from 3,788,000 sold in October 2015. American Silver Eagles sales in October were the second highest October Read More →

American Gold Eagle Sales Soar 287% in October – Podcast

U.S. Mint October 2016 American Gold Eagle Sales Report. The U.S Mint sold 100,500 one ounce American Gold Eagle Coins in October up 27.2% from 79,000 sold in September 2016 and up 286.5% from 26,000 sold in October 2015. Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and Read More →

Indian Silver Imports Fall 78% in September – Podcast


September 2016 Indian Silver Imports Were 225 Tons (approximately 7.23 million ounces) Indian Silver Imports Were Down 78% from 1,019 Tons (32.8 million ounces in September 2015. Indian Silver Import Update. Last year we released a survey of India and Silver that covered supply and demand in that country. We noted that silver was India’s Read More →

Is Russia Preparing to Sell Her Gold? – Podcast


Pravda Reports that Russia Intends to Sell Some of its Gold. The Central Bank of Russia has added more gold to reserves than any nation over the past two years. Time to sell? BRICS countries to invest $500 million in Russian gold deposits in Siberia. According to Russian news agency Pravda the Russia Treasury is Read More →