Kazakhstan Headed into the Top Twenty Gold Nations

Central Bank of Kazakhstan gold reserves 2015 -2017

The National Bank of Kazakhstan Added 4.67 tons (150,000 ounces) of Gold To Reserves in May. Total Gold Reserves Stood at 275.6 Tons (8.86 million ounces) at end of May 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 →

I Hope and Don’t Believe There Will be Another Financial Crisis in Our Lifetimes

Fed Chair Janet Yellen Expresses Hope and Belief there will be no Financial Crisis. Yellen echoes other “timely’ predictions: “Peace in our time” “This time is different” and “A record to stand for all time”. Trump Goes on a Media Bashing Spree. Gold posts first monthly loss this year. Gold sales at U.S. Mint drop Read More →

American Gold Buffalo Sales Near Extinction

June Sales of American Gold Buffalo Coins down 86% from June 2016. U.S. Mint Sold 2,000 24K one ounce gold coins in June. Total American Gold Buffalo and American Gold Eagle Sales were 8,000 ounces in June down from 88,000 ounces in June 2016 or down 91%. The U.S. Mint sold 2,000 one ounce American Read More →

Supreme Court: Offensive Speech Ban Offends the Constitution

supremecourt

Supreme Court Rules Hate Speech Can Not be Banned by Patent Office. Are we moving to a Trustless Society- Where Code is Law? Italian Banks in Trouble. Florida Man to be fined $120 million for Robocalls. India Legalizes Bitcoin. U.S. Mint sales remain dismal, Cryptocurrency trading volumes remain robust. You can buy Bitcoin, Ethereum and Read More →

Central Bank of Russia Gold Reserves Surge Again in May

Central Bank of Russia Continues to Boost Overall Reserves. Central Bank of Russia Adding Gold AND U.S. Treasuries. Central Bank of Russia Added 700,000 Ounces (21.77 tonnes) (worth $875m) of Gold To Reserves in May. Russian Holdings of U.S. Treasuries Top $100 Billion – Highest Since November 2014. Russia’s central bank holdings were at 1,708 Read More →

Gold’s Remarkable Store of Value Shown in Charts

Gold is a Store of Value If gold is viewed as a store of value and portfolio insurance rather than a speculative asset, it shines brightly. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Gold is a store of value. Read More →

Notice a Central Bank Pattern?

Federal Reserve Logo

Central Banks World Wide Maintain Ultra Loose Monetary Policies – Except One. Bank of England leaves bank rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at £10bn Bank of Japan maintains pledge to keep short-term interest rates at minus 0.1%; rules out reducing its massive stimulus program. Swiss National Bank Read More →

Cryptocurrencies – Fiat Killers or Strengtheners?

Do privately issued cryptocurrencies threaten fiat currencies or do they strengthen and compliment fiat currencies? Smaulgld Speculation Series – Episode 1 The purpose of this series is to throw out ideas that are not fully thought through and to have Smaulgld subscribers comment, discuss and debate them. Competing Currencies Most countries today have legal tender Read More →

Re-Dollarization! Chinese and Russian U.S. Treasury Holdings Surge

Chinese US Treasury Holdings Highest Since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves. Russian U.S. Treasury Holdings up 41% since October 2016; at Highest Level since November 2014. Higher U.S. Interest Rates, New U.S. Administration, Improving Chinese and Russian Finances Lead to Surge in Treasury Buying. You can Read More →

Indian Silver Imports Rebound Sharply

Indian silver imports rose 47% in April. April 2017 Indian silver imports of 606 tons were up 47% from 412 tons in April 2016. April silver imports were up 55% from 361 tons imported in March. Indian Silver Imports in April Highest in Over a Year Indian silver demand has increased exponentially over the past Read More →