Austrian Mint Silver Sales Rise 57% from 2014 Austrian Mint Silver Sales Remain Far Below Elevated Levels of 2010-2013 Levels Austrian Mint Sells 7.2 million ounces of silver in 2015 Silver sales at the Austrian Mint rose 57% in 2015 over 2014 sales. The Austrian Mint sold over 7.3 million ounces of silver, mainly in … Read More →
2015 Austrian Mint Gold Sales Rose 215% From 2014. Negative interest rates in Europe drove gold sales higher at the Austrian Mint. The Austrian Mint sold a record 1.32 million ounces of gold in 2015. Indeed, as we reported last year, the Austrian Mint had already broken their old gold sales record by the end … Read More →
Chinese Gold Reserves increased by 9.02 tonnes (290,000 ounces) in March. Since starting monthly reporting in July 2015, China has added about 139 tonnes of gold to its reserves. Total reported Chinese gold reserves stand at 1,797.343 tonnes. Chinese Foreign Reserves rise from $3.20 trillion in February to $3.21 trillion in March. China continues to … Read More →
“I have nothing to hide“ You must trust the government agrees with you. Loss of privacy is one dark side of a cashless society: In a cashless society there is the loss of privacy. Digital money offers the convenience of allowing you to track and budget your money online. Such a system, however, also leaves … Read More →
Gold Price in World Currencies First Quarter 2016. Gold Closed the First Quarter of 2016 Up Against the Dollar; Higher Against All Major Currencies. Gold had its best quarter in thirty Years in the first quarter. Gold vs. Major World Currencies in the First Quarter of 2016. Gold Doesn’t Perform, it Endures. Here are some … Read More →
In Case You Missed It – Week Ended April 2, 2016. Stories from the week ended April 2, 2016. The big economic news was Janet Yellen’s speech on March 29, stressing that the Fed “proceed with caution” regarding monetary policy. Her remarks immediately undercut the dollar and gold and silver rose. The dollar remained under … Read More →
Perth Mint Silver Sales Top One Million Ounces For the Seventh Month In A Row. March Perth Mint silver sales of 1,756,238 ounces were up 175% year over year. Silver Kangaroo bullion coin continues to drive massive silver sales. February Perth Mint gold sales of 47,948 ounces were up 40% year over year. Silver Sales … Read More →
Silver and Gold Sales at the U.S. Mint in March 2016. Sales of American Silver Eagle Coins set a first quarter record of 14,842,500. March 2016 sales of 4,106,500 were the second highest amount ever sold in March. Sales of American Silver Eagles in March 2016 were 16.7 % greater than March 2015 sales. March … Read More →
In Case You Missed It – Week Ended March 26, 2016. Stories from the week ended March 26, 2016. The big stories of the week were the Brussels terrorist attacks and the mudslinging between leading Presidential candidates Donald Trump and Ted Cruz and a National Enquirer story accusing Mr. Cruz of five extra marital affairs. … Read More →
World’s Largest Silver Mining Country Shows 4.2% Increase in Silver Mining Production in 2015. Earlier this year we reported that the U.S. Geological Survey (USGS) estimated global silver production and Mexican silver mining production grew in 2015. The USGS projected that global silver mining production grew about 2% and that silver mining production in Mexico, … Read More →
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