A Tale of Two Mints – US and Perth Mints Post Far Different Silver Sales

Silver sales at the Perth Mint in September were 697,849 ounces, up 78% from August 2017 sales of 392,091 ounces. Year over year September 2017 Perth Mint silver sales were down 32% from September 2016 sales of 1,031,858 ounces. September Perth Mint sales of 697,849 ounces were 2.14 times larger than September U.S. Mint Silver Read More →

The Silver Deficit

The Silver Supply Demand Dynamic Has Been in Deficit for Years. Despite annual deficits, the price of silver remains mired near multi-year lows. Earlier this week, Rory Hall and I started to record our monthly gold and silver update for the Daily Coin Channel. In the pre-interview we discussed the silver supply demand dynamic. The Read More →

September Silver Eagle Sales Crash to Unthinkable Lows

Sales of American Silver Eagles fell 81% in September year over year. U.S. Mint Sold 325,000 American Silver Eagles in September. Sales of American Silver Eagle Coins in September 2016 were 1,675,000. September 2017 sales of American Silver Eagles were down 68% from August sales of 1,025,000 and down 91% from September 2015 sales of Read More →

Indian Silver Imports May be Curbed By New Indian “Know Your Client” Rules

Indian silver imports were 327 tons (10,513,294 ounces) in July. July 2017 Indian silver imports were up 285% from 85 tons in July 2016. July silver imports were down seven tons from 334 tons imported in June. Indian Imports of 2,965 tons of silver in the first seven months of the year equal approximately 94,973,306 Read More →

Cryptocurrency Status in Turmoil – What’s Next?

China Bans Initial Coin Offerings. China rumoured to close cryptocurrency exchanges. Russia and Malaysia add to warnings on ICOs. Russia looks to regulate crytpocurrencies. Canadian Regulators Approve Bitcoin Fund. More holes in the Chinese-gold backed Yuan denomminated oil contract story. Gold and silver rise again. Video Commentary to “Cryptocurrency Status in Turmoil – What’s Next?” Read More →

Perth Mint Silver Sales Fall in August

Silver sales at the Perth Mint in August were 392,091 ounces, down 66% from July 2017 sales of 1,167,963 ounces. Year over year August 2017 Perth Mint silver sales were up .4% from August 2016 sales of 376,467 ounces. August Perth Mint sales of 392,091 ounces were lower than August U.S. Mint Silver Eagle sales Read More →

American Silver Eagles Fall Again in August

Sales of American Silver Eagles fell 20% in August year over year. U.S. Mint Sold 1,025,000 American Silver Eagles in August. Sales of American Silver Eagle Coins in August 2016 were 1,280,000. August 2017 sales of American Silver Eagles were down 56% from July sales of 2,320,000. View American Silver Eagle Sales report for August Read More →

Report: China Planning Gold Backed Chinese Yuan as Payment for Oil

Nikkei Asian Review Claims China Preparing Gold-Backed Yuan Oil Payment Proposal. Hurricane Harvey swamps Houston. World War II Bomb to be detonated near German Bundesbank where nation’s gold is held. Gold and Silver Post Strong Gains. Cryptos Soar; Bitcoin Reached $5,000; Litecoin closed in on $100. Video Commentary to “CHINA PLANNING GOLD-BACKED CHINESE YUAN AS Read More →

Germany & U.S. Remind the World They Have Gold

gold bars

Germany Completes Gold Repatriation from France. Treasury Secretary Mnuchin & Senate Majority Leader McConnel Vist the Gold at Fort Knox. Coinbase adds 500,000+ New Accouns in a Week, bringing total to 9.7 million Burger King Russia to issue Whopper Coin Estonia, Papau New Guinea and Dubai move towards blockchain Home sells in the UK for Read More →

China’s Asset Digitization Strategy is Not an IMF Plan For a One World Currency

New world order digital conspiracy

Acchain Conspiracy Theory Continues to Spread. Bannon out as Trump Chief Strategist, Gold and Silver Fall. India, China and Russian Gold Demand Continues to be Strong. Top economic story: The acchain conspiracy theory that China intends to digitize the world’s assets and then roll them up into the IMF’s SDR as a one world currency Read More →