More cracks appear in China’s economy and another warning from a People’s Bank of China governor.
Gold Backed Yuan Story Continues to be Peddled.
The Economy of China is Based on the Dollar.
Counterfeit Royal Canadian Mint gold sold at Royal Bank of Canada.
South Korea to Regulate Bitcoin as a Commodity.
CME Group Announces a Bitcoin Futures Contract.
Bitcoin Price Surges from $6,000 to $7,600
SEC Issues warning to ICO promoters.
Gold Demand in China remains strong as production wanes.
U.S. Mint Sales remain mired at 10 year lows
Video Commentary to “Chinese Central Bank Governor Warns Again of Financial Crisis Risk ”
Watch also on Vidme below
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Gold and silver.
Gold closed last week at $1273.20 an ounce and closed this week at $1269.40 -0%
Silver closed last week at $16.84 an ounce and closed this week at $16.80 -0%
The gold and silver ratio ended the week at 74.76:1
Gold and silver are not the same metals, they have different properties and different uses. Relative rarity is not the only determinate in arrive at price.
Silver is a spike and dive metal.
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Tweets of the Week
Chinese Might be Able to Trade #Bitcoin Again Soon https://t.co/1pk0k5v8RS via @Cointelegraph
— Smaulgld (@Smaulgld) October 29, 2017
Game Changer for Gold! Price of Beer to soar 30p. Beer Drinkers to quit drinking, save the 30p per pint & buy #GOLD https://t.co/oZq98M4iBh
— Smaulgld (@Smaulgld) October 29, 2017
But GOLD BACKED YUAN!
Petro China:The biggest stock collapse in world history has no end in sight https://t.co/Ez9AHLPSEW via @markets— Smaulgld (@Smaulgld) October 29, 2017
The NEW US Petro dollar
OPEC who? US oil producers are moving into the Asian market https://t.co/MNXc4YWmPu @chigrl @Joshua_Roberts_— Smaulgld (@Smaulgld) October 30, 2017
#Gold far more likely to "skyrocket" on collapse of the Chinese markets (RE/Stock/bond) than on any "gold backed yuan" BS story
— Smaulgld (@Smaulgld) October 30, 2017
South Korea's Second Largest Exchange Integrates Litecoin https://t.co/y4kkBKRfJZ via @CryptoCoinsNews
— Smaulgld (@Smaulgld) October 31, 2017
Coinone, South Korea's second largest crypto exchange, announces trading of #Litecoin on its platform https://t.co/FqrR8HOyF5
— Smaulgld (@Smaulgld) October 31, 2017
Did the Royal Canadian Mint Certify Fake #Gold? https://t.co/VvkeXI92Bo via @YouTube
— Smaulgld (@Smaulgld) October 31, 2017
5 Years for Denying Gold Backed Yuan story https://t.co/cdFJSnKh5u
— Smaulgld (@Smaulgld) October 31, 2017
And file Papers to Run for President/Vice President to avoid trial/prison time? https://t.co/3EPnLMP6P7
— Smaulgld (@Smaulgld) October 31, 2017
Congressmen ask U.S. Mint to fight counterfeitin #gold #silver https://t.co/Af43SOpFeY
— Smaulgld (@Smaulgld) October 31, 2017
But Gold Backed Yuan- Game Changer! https://t.co/1lS2huRlw5
— Smaulgld (@Smaulgld) October 30, 2017
RBC, police to probe selling of fake gold bar https://t.co/49C5TiObXw
Canadian Mint says NOT THEIR #GOLD BAR— Smaulgld (@Smaulgld) October 31, 2017
#STUDY – Dollar Backed Yuan:
China's yuan firms on corporate DOLLAR SALES, set for winning month https://t.co/Ksj9SPxb4r— Smaulgld (@Smaulgld) October 31, 2017
they need em to sell em!
All That Gold Backed Yuan Talk! : U.S. Scolds China for Distorting Market Ahead of Trump's Asia Trip https://t.co/9uFtxTxN9b
— Smaulgld (@Smaulgld) October 31, 2017
RBC, police to probe selling of fake gold bar https://t.co/49C5TiObXw
Canadian Mint says NOT THEIR #GOLD BAR— Smaulgld (@Smaulgld) October 31, 2017
U.S. Consumer Confidence Just Hit Its Highest Level in Almost 17 Years https://t.co/KWxnzPkGQ2
— Smaulgld (@Smaulgld) October 31, 2017
Coinone, South Korea's second largest crypto exchange, announces trading of #Litecoin on its platform https://t.co/FqrR8HOyF5
— Smaulgld (@Smaulgld) October 31, 2017
South Korea to Regulate Bitcoin as a Commodity https://t.co/25a56XYWQs via @Cointelegraph
— Smaulgld (@Smaulgld) October 31, 2017
#Bitcoin surges to record above $6,400 after CME announces launch of futures for digital currency https://t.co/AOsnPgDMGx
— Smaulgld (@Smaulgld) October 31, 2017
CME Group's Duffy on #bitcoin futures launch: People are looking for more efficient ways to do commerce https://t.co/FE1iKaea3l
— Smaulgld (@Smaulgld) October 31, 2017
#Bitcoin Futures Could Open the Floodgates for Institutional Investorshttps://t.co/TSsGjVzQpP
— Smaulgld (@Smaulgld) October 31, 2017
With Consumer Confidence at 17 year highs, how does the poll conclusion below square with reality? https://t.co/KWxnzPkGQ2 https://t.co/moq4Xipti7
— Smaulgld (@Smaulgld) November 1, 2017
Russia's Medvedev says the world shouldn't be dominated by one currency https://t.co/GTRB68F8j4 to launch payment system Karta Mir.
— Smaulgld (@Smaulgld) November 1, 2017
China’s appetite for #gold is back, led by bullions, wedding jewellery https://t.co/7D1vQxSbf3 via @SCMP_News
— Smaulgld (@Smaulgld) November 1, 2017
BRIEF-China's Jan-Sept gold output down 9.98 pct y/y – state media https://t.co/hODlW2esrl
— Smaulgld (@Smaulgld) November 1, 2017
Where are the #Bitcoin pumpers? They could try:
"Bitcoin Backed Yuan"
"Yuan exchangeable for Bitcoin on OKCoin and Huobi"
"Game Changer!"— Smaulgld (@Smaulgld) November 1, 2017
Uncrackable phone screens might be coming soon thanks to graphene and #silver https://t.co/OcGZMRAFkH via @thenextweb
— Smaulgld (@Smaulgld) November 1, 2017
Gold backed Yuan!
More GOLD BACKED YUAN nonsense: Gerald Celente – 2018 Predictions – Gold Will Hit a Bitcoin High https://t.co/iZ5VHCsLTe via @YouTube
— Smaulgld (@Smaulgld) November 1, 2017
Yet another GOLD BACKED YUAN BS story: Petro-yuan vs. Petrodollar https://t.co/f7mY3EsoZt via @YouTube
— Smaulgld (@Smaulgld) November 1, 2017
Massive Physical #Gold Buying Won't Shock the World (and DIDN"T) From July 2017 https://t.co/MlTS2Iv38Y
Nor will GOLD BACKED YUAN #fakenews— Smaulgld (@Smaulgld) November 1, 2017
Congressmen ask U.S. Mint to fight counterfeiting https://t.co/FLUGUVpuIJ
— Smaulgld (@Smaulgld) November 2, 2017
Turkey #gold imports surge as central bank boosts reserves https://t.co/lYxduxMmL7
— Smaulgld (@Smaulgld) November 2, 2017
SEC Statement on Potentially Unlawful Promotion of Initial Coin Offerings/ Other Investments by Celebrities/Others https://t.co/sTB7Gb4SUf
— Smaulgld (@Smaulgld) November 2, 2017
Because GOLD BACKED YUAN: Ding Dong Dandong – First Chinese Corporate Default After Party Congress | https://t.co/rjTHeFrO7j #GAMECHANGER
— Smaulgld (@Smaulgld) November 2, 2017
China To Send People Who Mock The Country's National Anthem To Prison https://t.co/Y9AQdnTTJa
— zerohedge (@zerohedge) November 2, 2017
Failing state: A rash of bankruptcies hits Chinese lenders backed by state firms https://t.co/eSNSO77vXb via @TheEconomist
— Smaulgld (@Smaulgld) November 2, 2017
When pitching your futures regulatory approval Bitcoin becomes a "Store of Value" https://t.co/WzRYIhEwvM
— Smaulgld (@Smaulgld) November 2, 2017
IRONY: Banks are staying away from bitcoin 'bubble' due to money laundering, Credit Suisse CEO says https://t.co/z7z68TWOVj
— Smaulgld (@Smaulgld) November 2, 2017
TIGHTENING! https://t.co/kQwmAbx4a3
— Smaulgld (@Smaulgld) November 2, 2017
Venezuela Announces It Will Default/Restructure All Debt After Tomorrow's Final Payment. But they TAKE YUAN FOR OIL https://t.co/FlZBj5snH7
— Smaulgld (@Smaulgld) November 3, 2017
Blankfein Not Comfortable With #Bitcoin But Is Open to It
https://t.co/EUrwkuCImA— Smaulgld (@Smaulgld) November 3, 2017
Central bankers on the move, but where's the inflation? https://t.co/CDAAa686Dw rent, tuition,real estate, stocks, bonds, cryptocurrencies?
— Smaulgld (@Smaulgld) November 3, 2017
Read it on Nikkei Asian Review and heard it repeated on social media so it must be true! https://t.co/8EfCAf0H5X
— Smaulgld (@Smaulgld) November 4, 2017
An Inconvenient Truth About China That Goldbugs Don't Want To Hear https://t.co/GSFbvCupcU via @YouTube #gold
— Smaulgld (@Smaulgld) November 4, 2017
2+2=Gold! https://t.co/RjMCAAdrnu
— Smaulgld (@Smaulgld) November 4, 2017
The Cranberry Backed Dollar is a Game Changer, analysts say @chigrl https://t.co/TO3uaMjgT6
— Smaulgld (@Smaulgld) November 4, 2017
Yet another one parroting the GOLD BACKED YUAN story https://t.co/uJUeZwvU9x
— Smaulgld (@Smaulgld) November 4, 2017
"The economy of China is based on the dollar" https://t.co/EOlZGfihkA
— Smaulgld (@Smaulgld) November 4, 2017
WHY IT’S GOING TO TAKE YEARS TO INTERNATIONALIZE THE CHINESE YUAN
No one suspects the BITCOIN POLICE:
10/23: Prince Alwaleed says bitcoin will implode
11/4: Saudi King Arrests Billionaire Prince Bin Talal https://t.co/kl3AK4gJHb— Smaulgld (@Smaulgld) November 4, 2017
China's Zhou Warns on Rising Financial Risk in Blunt Articlehttps://t.co/mRtbRNA9YB
BUT internet says Game Changer! #GOLD BACKED YUAN— Smaulgld (@Smaulgld) November 5, 2017
China's central bank chief urges Beijing to promote equity, cut debt, eliminate 'zombie' companies https://t.co/O193zpvwBh
— Smaulgld (@Smaulgld) November 5, 2017
To stave off a financial crisis, Zhou Xiaochuan, Governor of People’s Bank of China said “urged broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies…market should play a “decisive role” in allocating financial resources”
Here are the stories we wrote, followed or commented on:
October 30, 2017
From Smaulgld.com
Did the Royal Canadian Mint Certify Fake Gold?
US Mint Sales Update
U.S. Mint reported selling 40,000 American Silver Eagles and 1,000 American Gold Eagles today.
MTD American Silver Eagles sold 1,040,000 & American Gold Eagles sold 11,000
YTD American Silver Eagles sold 16,938,500/American Gold Eagles sold 181,000
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 1,500 American Gold Buffalo coins.
MTD 7,000 sold
YTD 83,500 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
The US Mint sold 0 Ellis Island ATB coins today
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site, 20,000 Ozark National Scenic Riverways ATB coins and 40,000 Ellis Island ATB coins. Total 115,000
October 31, 2017
From Smaulgld.com
November 1, 2017
From Smaulgld.com
US Economic Data
ISM Manufacturing Oct. 58.7, Exp. 59.5,
Markit Mfg PMI Final 54.6, Last 54.5
ADP Oct 235K, Exp. 200K, Sept. Revised to 110K from 135K
November 2, 2017
From Smaulgld.com
CME GROUP, OWNER OF COMEX, SAYS BITCOIN IS A STORE OF VALUE
US Economic Data
US weekly jobless claims total 229,000, vs 235,000 expected
US Mint Sales Update
U.S. Mint reported selling 0 American Silver Eagles and 1,000 American Gold Eagles today.
MTD American Silver Eagles sold 0 & American Gold Eagles sold 1,000
YTD American Silver Eagles sold 16,938,500/American Gold Eagles sold 182,000
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling American Gold Buffalo coins.
MTD 0 sold
YTD 83,500 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
The US Mint sold 0 Ellis Island ATB coins today
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site, 20,000 Ozark National Scenic Riverways ATB coins and 40,000 Ellis Island ATB coins. Total 115,000
November 3, 2017
From Smaulgld.com
Latest data shows China meeting Gold demand with own production
900 kilos of gold traded after launch of new ‘Connect’ system, linking Hong Kong and Shenzhen
November 4, 2017
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Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Sign Up For Smaulgld.com Updates Here!
Compare American Silver Eagles for sale at:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Donate To Smaulgld.com via paypal
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Compare American Silver Eagles for sale at:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
-----------------------------------------
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