PODCAST: Gold and Silver Market Update May 2016

Silver Sales at the Major Mints Topped 100 million Ounces in 2015.

Podcast Review of the Austrian, Canadian, Perth and United States Mints in 2015.

Buy Silver Bullion Rounds

Rory of the Daily Coin and I discussed the gold and silver markets. We started with the People’s Bank of China’s (PBOC) most recent gold addition to her reserves. We discussed the difference between “Chinese” gold reserves and the gold reserves of the People’s Bank of China.

people's bank of china gold reserves from 2009 through April 2016

The People’s Bank of China added 11 tonnes of gold to reserves in April 2016.

For clues where “Chinese” gold outside of the PBOC gold may be, see “The Case of China’s Missing Gold“.

Please have a listen to the podcast:

Check out all the Smaulgld podcasts here.

Please consider making a small donation to Smaulgld.com. Thanks!

Silver and Gold Confiscation in the United States

We also discussed gold AND silver confiscation in the United States in 1933 and 1934.

Click here for information on the little known silver confication of 1934 by Franklin Delano Roosevelt.

Sign Up For Smaulgld.com Updates Here!

2016 Gold Reserves By Country

The Top Ten Gold Holding Nationbs

gold reserves by country top ten may 8 2016

According to the World Gold Council, Russia holds the sixth most gold of any nation.

Gold and Silver Mintages in 2015 at the Major Mints

We also covered the just released 2015 Canadian silver and gold mintages and compared them to the Perth, United States, Austrian, Mexican and Chinese Mints silver output.

silver sales at the big four sovereign mints 2014-2015

Each of the four major sovereign mint experienced sales growth in their silver products. The Canadian, Perth and United States set silver sales records in 2015.

We discussed the percentages that the silver coins minted by the major sovereign mints are in relation to global silver mining production.

Silver, the Preferred Investment

The Canadian Mint’s annual reported noted “Although activity in the silver and gold bullion markets have historically correlated, many investors have shifted to silver as the preferred investment over gold due to its affordability and the safety net provided by industrial demand“.

Sign Up For Smaulgld.com Updates Here!

Check out all the Smaulgld.com Podcasts here

Buy Silver Bullion Rounds

If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site*, and subscribing (for free) to Smaulgld.com.

Get Free Updates From Smaulgld.com

Subscribe to Smaulgld.com and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.

Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.

You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Bullion Vault, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion, Perth and Royal Canadian Mint ads on the site.

Browse Silver Coins on Amazon

Buy Silver Austrian Philharmonic Coins

Browse Collectible Coins on Amazon

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation