SnapChat To Go Public With Losses Greater than Revenues

SnapChat IPO Highlights Markets Have Learned Noting From the Dot Com Bubble Implosion of 2001 and the Stock Market Crash of 2008. Or Have They? Is it Rational to Speculate on Money Losing Enterprises? Do Profits Matter Anymore? Smaulgld appeared on Wall Street for Main Street with Jason Burack yesterday to discuss the current state Read More →

Kazakhstan Adds 1.56 Tons of Gold To Reserves in January

The National Bank of Kazakhstan Added 1.56 Tons (50,000 ounces) of Gold To Reserves in January. Total Gold Reserves Stood at 259.714 Tons (8.35 million ounces) at end of January 2017. Kazakhstan added 36.1989 tons (approximately 1,163,820 ounces) of gold to reserves in 2016. Kazakhstan Gold Reserves Rank 21st in the World. The National Bank Read More →

Higher Prices Slam American Silver Eagle Sales in February

February American Silver Eagle Sales Fall Flat in February. U.S. Mint Sells 1,215,000 American Silver Eagles in February. Sales of American Silver Eagle Coins in February 2017 Were the Lowest February Total Since 2008. American Silver Eagle Sales Fall 75% in February The U.S. Mint sold 1,215,000 American Silver Eagles in February. February sales of Read More →

Canadian Mint Restates Financial Results as Silver Sales Fall

Third Quarter 2016 Canadian Mint Silver Sales Fall 36% in Third Quarter 2016. The Royal Canadian Mint Sold 6.1 million ounces of silver in the third quarter of 2016. Third Quarter 2016 Canadian Mint silver sales fell 36% year over year in Q3 2016 from 9,500,000 ounces sold in the same quarter in 2015. First Read More →

There is no Global Currency – Donald Trump

I view gold as the primary global currency- Alan Greenspan. Trump and Greenspan Clash Unknowingly. Don’t Bet on the SDR while Trump is in office. French Nationalist Marine Le Pen favored to win first round of Presidential Voting in April. Le Pen would take France out of the Euro. Dutch Nationalist Geert Wilders is expect Read More →

Russian Central Bank Adds One Million Ounces of Gold To Reserves in January

Russian Central Bank Continues World Leading Gold Acquisition Spree in 2017. The Central Bank of the Russian Federation added 1,000,000 ounces (31.104 tons) of gold to its reserves in January 2017. Russia’s central bank holdings were at 1645.374 tons of gold at end of January 2017; the sixth most of any nation. Russian Central Bank Read More →

RE-Dollarization – Greece to Ditch Euro for Dollar?

Trump’s Pick to be U.S. Ambassador to the EU, Ted Malloch says Greece May Dump the Euro in Favor of the Dollar. As Petro Dollar Becomes Less Relevant What Might Replace it? The Dollar – Based on Increased Military Strength and New Geo-Political Arrangements. Click here to see the Smaulgld commentary video to this report Read More →

The Year After the United States Went off the Gold Standard

CIA logo

The CIA Report on the Gold Market in 1972, the Year the U.S. Went Off the Gold Standard. Classification of the CIA report drops from “Secret” to “Confidential”. Focus on the decline of South African gold production and sales. Soviet Union gold sales accelerated in 1972. Grain Prices Skyrocket. Check out all the Smaulgld podcasts Read More →

Germany Kicks off International Gold Repatriation Craze

Other Central Banks Request Their Gold Back from the New York Fed Total Gold Held by the United States for its own Account and Gold Held by Fed for other Nations is on the Decline Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To via paypal Please Read More →

Kyrgyzstan National Bank Governor To Citizens – BUY GOLD!

Kyrgyz Central Bank Governor Tolkunbek Abdygulov – My Dream is for Every Citizen of Kyrgyzstan to own at least 100 Grams of Gold (3.5 ounces). Kyrgyzstan Central Bank Holds Just 5 Tons of Gold. Kyrgyz Citizen Gold Holdings Would Leap to 653 Tons if “”Dream” Realized. According to a Bloomberg report the Central Bank Governor Read More →