People’s Bank of China Adds 80 Tons of Gold to Reserves in 2016

PBOC US treasury holdings October 2015 - October 2016

Peoples Bank of China Adds 80.203 Tons of Gold to Reserves in 2016. The People’s Bank of China Added No Gold to Reserves in November or December 2016. Total reported People’s Bank of China gold reserves stand at 1842.56 tonnes. Gold Acquisition Halted For Second Month in a Row as Chinese Foreign Reserves Fall by Read More →

Perth Mint Silver Sales Set Record in 2016

Perth mint silver sales December 2015 - December 2016

Silver sales at the Perth Mint in 2016 were 12,236,772 ounces up 3.9% from 2015 silver sales of 11,775,927 ounces. December Perth Mint silver sales of 430,009 ounces were down 56.3% from 984,622 ounces sold in November. Silver sales at the Perth Mint in December were down 60.3% year over year from December 2015 sales Read More →

Perth Mint Gold Sales Surge in Final Four Months; Rise 14% in 2016

Perth Mint gold sales December 2015 December 2016

Gold Sales at the Perth Mint Spike 13.8% in 2016. Gold sales at the Perth Mint in 2016 were 520,295 ounces up 13.8% from 2015 gold sales of 457,132 ounces. Perth Mint Gold Sales Finish Strong Topping 50,000 Ounces For Fourth Month in a Row in December. Gold sales at the Perth Mint in December Read More →

Kazakhstan Adds 100,000 Ounces of Gold To Reserves In November

Kazakhstan gold reserves 2015 -2016 November

The National Bank of Kazakhstan Added 3.11 Tons (100,000 ounces) of Gold To Reserves in November. Total Gold Reserves Stood at 254.73 Tons at end of November 2016. Kazakhstan Gold Reserves Rank 21st in the World. The National Bank of Kazakhstan added 100,000 ounces of gold to her reserves in November. Along with the Central Read More →

Gold and Silver 2016 Year in Review

Gold etf demand final 2016

Gold and Silver Finish 2016 Higher. Click here to see the Smaulgld commentary video to this report below. Gold and silver. Gold closed last week at $1133.50 an ounce and closed this week at $1150 up 8.5% from the close of 2015 of $1060 an ounce. Silver closed last week at $15.73 an ounce and Read More →

Gold Price vs. World Currencies in 2016

Gold vs the Dollar 2016

Gold Rose 8.5% vs. the U.S Dollar in 2016. Gold breaks three year losing streak in 2016 vs. the U.S. Dollar; higher against the Euro, the Australian and Canadian Dollars currencies three years in a row. Gold hit all time highs against the Syrian Pound, the Turkish Lira and Ukraine Hyrvnia during 2016. Silver out Read More →

What Will Trump Do if the Stock Market Crashes?

smaulgld trump stock market crash

Many of Donald Trump’s Political Enemies Benefit From Higher Stock Prices Many of Donald Trump’s Supporters Do Not Benefit from Higher Stock Prices How Would a Trump Administration React to a Stock Market Crash?

Re -Evaluating Bitcoin – ICYMI December 26, 2016

Bitcoin image

The War On Cash Expands. India, Venezuela, Europe, Pakistan, Australia among sovereign issuers that have pulled or considered pulling their currencies. Bitcoin soars. Not a Smaulgld subscriber? Sign up here. Donate To via paypal Top News A terrorist truck attack in Berlin was the main story of the week. Top Economic News India’s war Read More →

2016 U.S. Mint Gold Sales Highest Since 2010

American gold eagle and american gold buffalo coin sales - total ounces

2016 U.S. Mint Gold Sales Hit Six Year High. U.S. Mint Sold 219,500 24K American Gold Buffalo one ounce gold coins in 2016. U.S. Mint Sold 1,968,500 22K American Gold Eagle coins in various denominations representing 985,000 ounces of gold in 2016. 1,204,500 ounces of gold sold at the U.S. Mint in 2016 was the Read More →

American Gold Eagle Sales Rise 30% in 2016

2016 american gold eagle sales by month final

U.S. Mint November 2016 American Gold Eagle Sales Report. The U.S Mint sold 817,500 one ounce American Gold Eagle Coins in 2016 up 30.1% from 626,500 sold in 2015 and up 97% from 426,500 sold in 2014. Sales of one ounce American Gold Eagles were the highest since 2011 Total ounces of gold attributable to Read More →