The People’s Bank of China Gold Reserves Grow 11 Tons In April

Chinese gold reserves from 2009 through April 2016

The People’s Bank of China Adds 11 Tons (353,658 ounces) of Gold to Reserves in April. Total reported People’s Bank of China gold reserves stand at 1,808.343 tonnes. PBOC foreign reserves rose from $3.21 trillion in March to $3.22 trillion in April. For the tenth month in a row, The People’s Bank of China gold Read More →

In Case You Missed It – Week Ended May 7, 2016

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In Case You Missed It – Week Ended May 7, 2016. Stories from the week ended May 7, 2016. The big economic news of the week was the far lower than expected ADP and Non Farm Payroll numbers. The big general news was Donald Trump winnining Indiana Presidential Primary and his two competitors, John Kasich Read More →

Sales of Silver America The Beautiful Coins – April 2016

America the Beautiful sales by coin

America The Beautiful Coin Sales in 2016. First two releases in the 2016 America The Beautiful series are among the top selling coins ever. Sales of Five Ounce America The Beautiful Coins Accelerate in 2016. Each year since 2010, the U.S. Mint has released a series of five America the Beautiful five ounce silver coins. Read More →

April 2016 Perth Mint Gold Sales Up 79%

perth Mint gold sales 2015-2016 april smaulgld

Gold Sales at the Perth Mint in April 2016 The Perth Mint sold 47,542 ounces of gold in April 2016 up 79% year over year from 26,545 ounces sold in April 2015. Gold sales at the Perth Mint in April 2016 were essentially flat from March 2016 sales of 47,948 ounces. Perth Mint vs. U.S. Read More →

Silver Institute: Silver Demand Reached “Historic” Levels In 2015

silver demand by sector 2006 and 2015

Physical Silver Demand Grew 3.4% in 2015. Global Silver Mining Production Grew 2.1% in 2015. The Silver Institute released their review of 2015 silver supply and demand today showing that demand for physical silver outpaced silver supply in 2015. Highlights of The Silver Institute Report. Silver Demand. Global Silver Demand Grew in 2015. Jewelry. Jewelry Read More →

American Gold Eagles Sales Top 100,000 in April 2016

April american Gold Eagle sales 1986 - 2016

U.S. Mint April 2016 Gold Sales Report. The U.S Mint sold 93,000 one ounce American Gold Eagle Coins in April, up 221% from March. Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and one once coins were 105,500. Strong April gold sales bring the April silver to gold Read More →

April 2016 Perth Mint Silver Sales

Perth Mint sales silver 2015-2016 april smaulgld

Perth Mint Silver Sales Top One Million Ounces For the Eighth Month In A Row. April Perth Mint silver sales of 1,161,766 ounces were up 146% year over year. Silver Kangaroo bullion coin continues to drive massive silver sales. Silver Sales at the Perth Mint in April 2016. The Perth Mint sold 1,161,766 ounces of Read More →

Silver Confiscation Under Executive Order 6814

Morgan Silver Dollar 1886

Executive Order 6814 Required Turning in of Silver Bullion to the U.S. Government. Silver U.S. and Foreign Coins Were Exempt From the Order. Nearly 123 million ounces of silver were turned into the U.S. Mint from 1934-1938 The U.S. Needed Silver To Mint Coins Become a Patron! How Did The Government Know Who Had Silver Read More →

April 2016 American Silver Eagle Sales Top Four Million

April american silver eagle sales 1986 2016

U.S. Mint April 2016 American Silver Eagle Sales Report. American Silver Eagle Coin Sales Top 18,914,500 in 2016 with 4,072,000 sold in April. April 2016 American Eagle Sales Just 15,000 short of the April record set in 2013. April 2016 sales of American Silver Eagles were 43% higher than April 2015 sales when the U.S. Read More →

In Case You Missed It – Week Ended April 30, 2016

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In Case You Missed It – Week Ended April 30, 2016. Stories from the week ended April 30, 2016. The big economic news of the week: Gold and silver hit 15 month highs. Gold and silver Gold closed last week at $1232.20 and closed this week at $1292.50 Silver closed last week at $16.95 and Read More →