Indian Gold Imports Under Pressure From Duties, Taxes and Government Intervention Last year we released a survey of India and Gold that covered supply and demand in that country and India’s historical affinity for gold. Indians love gold but their government hates that they love it. India’s War on Gold Indian gold imports are significant. … Read More →
In Case You Missed It – Week Ended April 16, 2016. Stories from the week ended April 16, 2016. The big economic news of the week was the announcement of a settlement by Deutsche Bank of a private silver price manipulation case. The news was surpassed in importance by an announcement the next day that … Read More →
Deutsche Bank Gold Manipulation. German Bank Settles Gold Price Manipulation Case – Will Cooperate Against Four Other Banks Named in Suit. Settlement comes one day after Deutsche Bank settles silver price manipulation case. London Gold Fixing Case Settled as Yuan Based Gold Fix Set To Commence. Update October 5, 2016: Banks must face U.S. gold … Read More →
Deutsche Bank Silver Manipulation. German Bank Settles Silver Price Manipulation Case – Will Cooperate Against Three Other Banks Named in Suit. Update: Deutsche bank agrees to settle gold manipulation case Update October 5, 2016: Banks must face U.S. gold rigging lawsuit; UBS is dismissed Deutsche Bank (DB) has agreed to settle a case filed in … Read More →
Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange March withdrawals were 183.23 tonnes of gold. March 2016 gold withdrawals were 14% lower compared to 213.351 tonnes withdrawn in March 2015. Hong Kong gold kilobar withdrawals were about fifty tonnes in March 2016 and 1,069 tonnes since March 2015. Yuan Gold Fix Set To Begin April 19 … Read More →
Indian Silver Imports Were Nearly 275 Million Ounces in 2015. Indian Silver Demand Show No Signs Of Abating in 2016. Last year we released a survey of India and Silver that covered supply and demand in that country. We noted that silver was India’s second metal to gold. Since we produced that report, Indian silver … Read More →
La Casa de Moneda de México Sells Nearly 1 Million One Ounce Silver Libertad Coins in 2015. Sales of one ounce Mexican Silver Libertad coins of 903,000 were up 110% from 2014’s sales of 429,200. While Mexico produces the most silver of any country on earth, it has the lowest mintages by far of silver … Read More →
Mexican Silver Mining – First In the World – But Production Set To Fall. Mexican Government says silver mining production to fall 6% in 2016. Endeavour Silver Corp projects their silver output will decrease 16% in 2016. Silver Mining In Mexico Mexico is the world’s leading silver mining country. In 2015, Mexican silver mining production … Read More →
What Would Happen If Silver Became a Preferred Method of Saving For a Small Percentage of the U.S. Labor Force? If a small percentage, or a single percent of the U.S. Labor Force were to purchase silver, the additional demand would overwhelm supply. Watch “What If 1% of the U.S. Labor Force Saved in Silver?” … Read More →
In Case You Missed It – Week Ended April 9, 2016. Stories from the week ended April 9, 2016. The big economic news was the continued decline of the dollar, with the dollar index falling under 95. Seems that no amount of Fed President backpeddling over the number of rate hikes or statements insisting that … Read More →
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