In Case You Missed It – Week Ended November 21, 2015. Stories from the week ended November 21, 2015. The news cycle last week focused mainly on the aftermath of the Paris terror attacks, with follow on anti terrorist raids in Paris and a vigorous debate in the U.S. and Europe as to the efficacy … Read More →
Russian Gold Reserves. Russian Central Bank Gold Reserves October 2015. Russia added 600,000 (18.66 tons) of gold to its reserves in October. Russia Boosts Gold Reserves sells U.S. Treasury Holdings. Year to date the Russian Central Bank has added 5,300,000 ounces (164.8 tonnes) of gold to its reserves. Russia has added more gold to its … Read More →
Silver Coin and Bar Demand – 2015. The Silver Institute reports silver coins sales projected to rise 21% in 2015 to 129 million ounces; silver coin and bar demand to rise 1.4%. Silver coin and bar demand is probably much higher as is the physical silver annual deficit. UPDATE November 22, 2015: Full 2015 Silver … Read More →
In Case You Missed It – Week Ended November 14, 2015. Stories from the week ended November 14, 2015. The economic news of the week centered around U.S. data and Fed official speeches. Producer price inflation (negative) and retail sales (barely positive) were far below estimates. Yet, Fed officials are still promoting an interest rate … Read More →
Why The Job Recovery Was And Still is a Farce Illustrated in Charts. The Labor Force Participation Rate is lower than the rate during the Great Recession for all age groups except those 55 years and older. The percentage of women attached to the labor force continues to decline. In February of this year we … Read More →
China’s Gold Reserves. Chinese Gold Reserves increased by 14 tonnes in October. Total reported Chinese gold reserves stand at over 1,722 tonnes. For the fifth time in as many months, China has updated its gold reserves. In June 2015, China updated its gold reserves for the first time since 2009 by reporting an additional 604 … Read More →
Perth Mint Sales. Perth Mint silver and gold sales October 2015. October Perth Mint silver sales of 1,751,898 ounces were up 167% year over year. New Silver Kangaroo bullion coin continues to drive massive silver sales. Perth Mint gold sales were up 21% in October year over year. Silver Sales at the Perth Mint in … Read More →