China’s Gradual Internationalization of the Yuan.
Chinese internal debt stands at 300% of GDP Before Unfunded Social Security Obligations.
Mike Maloney of goldsilver.com calls out Smaulgld!
The problem with analyzing soley from the gold perspective.
2+2=GOLD
Honest money must be surrounded honest narratives and reporting.
Regulated Bitcoin futures trading begins.
Russia makes huge gold purchase in September.
Strong Indian and gold imports, Shanghai Gold Withdrawals contrast weak U.S. Mint demand.
Can China’s Gold Save it From its Own Debt Monster?
Video Commentary to “Why it’s Going to Take Years to Internationalize the Chinese Yuan”
Watch also on Vidme below
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*
Click Here to Get the Smaulgld 2017 Silver Report
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
Gold and silver.
Gold closed last week at $1303.30 an ounce and closed this week at $1280.00 -1.8%
Silver closed last week at $17.41 an ounce and closed this week at $17.00 -2.4%
The gold and silver ratio ended the week at 75.29:1
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.
Donate To Smaulgld.com via paypal
Please consider making a small donation to Smaulgld.com. Thanks!
Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Tweets of the Week
https://twitter.com/Smaulgld/status/919701774755336194
From the Economist
“yuan’s international reach has fallen in the past two years. It has regained its ranking as the world’s fifth most active for international payments, after slipping to sixth in 2016. But its share of this market has slipped from 2.8% in August 2015 to 1.9% now”.
https://twitter.com/Smaulgld/status/919689970092298242
https://twitter.com/Smaulgld/status/919722387331076096
https://twitter.com/Smaulgld/status/919926319537885184
The New US Petro Dollar
https://twitter.com/Smaulgld/status/920268981889589248
https://twitter.com/Smaulgld/status/920262158952284160
https://twitter.com/Smaulgld/status/920267522217259008
https://twitter.com/Smaulgld/status/920297019868172288
https://twitter.com/Smaulgld/status/920328472026861568
https://twitter.com/Smaulgld/status/922128153891561472
https://twitter.com/Smaulgld/status/920841203792404480
https://twitter.com/Smaulgld/status/920671848991547392
https://twitter.com/Smaulgld/status/920676973667549184
https://twitter.com/Smaulgld/status/920709020440301575
https://twitter.com/Smaulgld/status/920714752388673540
https://twitter.com/Smaulgld/status/920715905176408065
https://twitter.com/Smaulgld/status/920716549933207569
https://twitter.com/Smaulgld/status/920718058670493702
Dudley, Kaplan Warn Trump’s Stimulus-Oriented Tax Reform “Could Harm Economy”, Is “Ill-Timed”
https://twitter.com/Smaulgld/status/921037213743435776
https://twitter.com/Smaulgld/status/921106985285836800
https://twitter.com/Smaulgld/status/921106304126636032
https://twitter.com/Smaulgld/status/921348851247742976
https://twitter.com/Smaulgld/status/921458030344114177
https://twitter.com/Smaulgld/status/921368869721210880
https://twitter.com/Smaulgld/status/922119700233977856
https://twitter.com/Smaulgld/status/922149115689160705
Borrowing GREW FASTER- according to Chinese data
so that means the economy grew a bit slower and borrowing increased even more
https://twitter.com/Smaulgld/status/922122742497005568
https://twitter.com/Smaulgld/status/922125369662234626
https://twitter.com/Smaulgld/status/922146835518705664
https://twitter.com/Smaulgld/status/922145729178734592
Here are the stories we wrote, followed or commented on:
October 16, 2017
From Smaulgld.com
INDIAN GOLD IMPORTS SWELL TO NEARLY 1.5 MILLION OUNCES IN AUGUST
AUGUST INDIAN SILVER IMPORTS EQUAL 2017 U.S. MINT SILVER EAGLE PRODUCTION
ECB purchases €1.718BN in corporate bonds in week ended Sept 13. total is now €118.157BN
U.S. Economic Data
Empire Fed 30.2, Exp. 20.4
US Mint Sales Update
U.S. Mint reported selling 450,000 American Silver Eagles and 2,000 American Gold Eagles today.
MTD American Silver Eagles sold 750,000 & American Gold Eagles sold 6,500
YTD American Silver Eagles sold 16,648,500/American Gold Eagles sold 176,500
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 1,500 American Gold Buffalo coins.
MTD 3,500 sold
YTD 80,000 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 17, 2017
From Smaulgld.com
SHANGHAI GOLD EXCHANGE WITHDRAWALS SPIKE IN SEPTEMBER
US Economic Data
Industrial Production 0.3%, Exp. 0.3%
Mfg Production 0.1%, Exp. 0.1%
October 18, 2017
From Smaulgld.com
CHINESE HOLDINGS OF U.S TREASURIES SOAR IN 2017
US Economic Data
Housing Starts 1127K, Exp. 1175K
October 19, 2017
From Smaulgld.com
CAN CHINA’S GOLD SAVE IT FROM A DEBT COLLAPSE?
US Economic Data
US Mint Sales Update
October 20, 2017
From Smaulgld.com
RUSSIA STEPS UP GOLD PURCHASES WITH MASSIVE BUY IN SEPTEMBER
US Economic Data
Existing home sales: 5.39MM, Exp. 5.3MM
October 21, 2017
From Smaulgld.com
BITCOIN DERIVATIVE TRADING HAS ARRIVED
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
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:
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:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Compare American Silver Eagles for sale at:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
-----------------------------------------
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.
Please consider making a small (or large!) donation to Smaulgld.com. Thanks!
Get Free Updates From Smaulgld.com
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 Money Metals Exchange, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion and Canadian Mint ads on the site.
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. Smaulgld may hold positions in any or all the assets discussed in this blog post.
Disclaimer: Information presented here has been obtained from third parties 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.
Send Litecoin to this address:
