In Case You Missed It – Week Ended December 19, 2015. Stories from the week ended December 19, 2015. The main news stories were about the race for the U.S. Presidency. The Republicans held a debate and Democrats Bernie Sanders and Hillary Clinton campaigns aruged over access to voter lists. The U.S Congress passed a … Read More →
Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange withdrawals were 45.99 tonnes of gold during the week ended December 10, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are 2,451 tonnes. Average Shanghai Gold Exchange weekly withdrawals in 2015 (49.03 tonnes) are higher than total 2015 COMEX gold deliveries (35.6 tonnes). Withdrawals … Read More →
Russian Gold Reserves. Russian Central Bank Gold Reserves November 2015. Russia added 700,000 ounces (21.77 tonnes) of gold to its reserves in Novemberr. Increase in Russian Gold Reserves of 186 tonnes in 2015 is a record, surpassing record set in 2010 of 176 tonnes. Russia Boosts Gold Reserves; sells U.S. Treasury Holdings. Year to date … Read More →
The Fed Raises Interest Rates. Quarter Point Rate Hike. Why the Fed Raised Interest Rates. A Rate Hike, Finally As predicted, the Federal Reserve announced a quarter point rate hike today. All year we have said all year, the Federal Reserve would raise rates by the end of the year, to stay ahead of the … Read More →
President Obama Signs Bill To Help U.S. Mint Increase Silver Content in U.S. Coins. Passage of the Bullion and Collectible Coin Production Efficiency and Cost Savings Act paves way for increased silver content in dimes, quarters and half dollars in U.S. proof sets. U.S. Mint studies show it’s less expensive to mint coins of 99% … Read More →
In Case You Missed It – Week Ended December 12, 2015. Stories from the week ended December 12, 2015. This week’s major stories involved political changes in the world. Presidential candidate Donald Trump advocated a travel ban on Moselems and his support rose. Socialists were voted out of office in Venezuela. The far right party … Read More →
Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange withdrawals were 42.61 tonnes of gold during the week ended December 3, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are 2,405 tonnes. Average Shanghai Gold Exchange weekly withdrawals in 2015 (49.08 tonnes) are higher than total 2015 COMEX gold deliveries (35.6 tonnes). Withdrawals … Read More →
The BRICS vs. the West and Japan. How do the BRICS stack up against the western nations? What is China’s role? China’s recent admission to the International Monetary Fund’s (IMF) Special Drawing Rights (SDR’s) highlights how China straddles the world of emerging markets and established markets. China is considered the key country in the emerging … Read More →
2015 America The Beautiful Coins Sell Out. Sales of popular U.S. Mint five ounce coins top 212,000 or 1,060,000 ounces in 2015. Over 1.2 million America The Beautiful Coins have been sold since 2010. The U.S. Mint’s Second Silver Bullion Coin – The America The Beautiful Coin The U.S. Mint set a third annual American … Read More →
China’s Gold Reserves. Chinese Gold Reserves increased by 21 tonnes in November. Amount is largest monthly addition since China began monthly reporting of gold reserves. Total reported Chinese gold reserves stand at over 1,743 tonnes. For the sixth time in as many months, China has updated its gold reserves. In June 2015, China updated its … Read More →
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