Swiss National Bank Cuts Mining Shares, Boosts Unicorn Holdings

Swiss National Bank Mining Share Portofolio Value Falls By 30% Year Over Year. Reduction in SNB mining share holdings and price drop responsible for decrease in their mining share portfolio value. SNB sells big stakes in Yamana Gold, Eldorado Gold; Trims Goldcorp, Agnico Eagle Mines, Adds to Newmont Mining position. SNB ups Tesla holdings 69% Read More →

Perth Mint Silver Sales Sturdy in July

Silver sales at the Perth Mint in July were 1,167,963 ounces, down 3.9% from June 2017 sales of 1,215,071 ounces. Year over year July 2017 Perth Mint silver sales were up 68.4% from July 2016 sales of 693,477 ounces. July Perth Mint sales of 1,167,963 ounces were lower than July U.S. Mint Silver Eagle sales Read More →

People’s Bank of China Gold Buying Program Remained on Hold in July

Peoples Bank of China Adds No Gold to Reserves in July. PBOC U.S. Treasury holdings on the rise. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the sixth month in a row, up $24 billion in July to $3.081 trillion. PBOC Read More →

American Gold Buffalo Sales Remain Down Trodden in July

July Sales of American Gold Buffalo Coins down 50% from July 2016. U.S. Mint Sold 5,000 24K one ounce gold coins in July. Total American Gold Buffalo and American Gold Eagle Sales were 21,500 ounces in July down 55.7% from 48,500 ounces in July 2016. The U.S. Mint sold 5,000 one ounce American Gold Buffalo Read More →

American Gold Eagle Sales Remain Grounded in July

American Gold Eagle Sales Continue to Stagnate. U.S. Mint sold 12,500 one ounce American Gold Eagles in July up from 4,000 sold in June. One ounce American Gold Eagle sales were down 58% in July from July 2016 sales of 30,000. Total number of American Gold Eagles sold in June were 46,500 including 1/10, 1/4/ Read More →

Venezuelans Want Dollars – Not for Toliet Paper

The Dollar is an inflation hedge against the Venezuelan Bolivar. Dollars are Valuable in Inflation Torn Venezuela. A Robust Black Market for U.S. Dollars Has Developed. Smaulgld On Wall Street For Main Street Earlier this week I was intereviewed by Jason Burack from Wall Street For Main Street. We discuss a wide variety of topics Read More →

American Silver Eagle Sales Advance Strongly in July

Sales of American Silver Eagles Climb 66% in July year over year. U.S. Mint Sold 2,270,000 American Silver Eagles in July. Sales of American Silver Eagle Coins in July 2016 were 1,370,000. July 2017 sales of American Silver Eagles were up 130% from June sales of 986,000. American Silver Eagle Sales Rise 66% in July Read More →

Kazakhstan Adds More Gold To Reserves In June

The National Bank of Kazakhstan Added 3.42138245 tons (110,000 ounces) of Gold To Reserves in June. Total Gold Reserves Stood at 278.99 Tons (8.97 million ounces) at end of June 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 →

Mexico is Dumping U.S. Treasuries

Mexicans Cut U.S. Treasuries by More Than Half Since Donald Trump Announced His Candidacy For President in June 2015. Mexicans Shed $19.9 billion in U.S. Treasuries Since Donald Trump Became the Republican Nominee for President in June 2016. Mexicans have dumped another $8.2 billion in U.S. Treasuries Since November 2016. Mexican U.S. Treasury Holdings fall Read More →

Rothschild Investment Corporation Buys Bitcoin

why bitcoin will fail

Rothschilds Entity Buys Shares in Bitcoin Investment Trust. Bitcoin Options Exchange Wins Approval From CFTC. House Judiciary Demands Special Counsel To Investigate the Lynch Mob. SEC Warns Securities Laws May Apply to Initial Coin Offerings. Chinese Gold Demand Soars. Video Commentary to “Rothschild Investment Corporation Buys Bitcoin” You can buy Bitcoin, Ethereum and Litecoin through Read More →