COMEX Short and Long Gold and Silver Positions – End March 2015

Comex short positions and days of global production required to cover chart

Comex Short and Long Gold and Silver Positions At End March 2015 Silver short positions increase 33% from November 2014. Gold short positions remain constant since late last year. Silver Short Positions on Comex Continue to Rise The last time we visited COMEX short and long gold and silver positions we noted that while short Read More →

Shanghai Gold Exchange Withdrawals Week Ended April 3, 2015

shanghai gold exchange withdrawals chart april 2015

The Shanghai Gold Exchange. Gold Withdrawals on the Shanghai Gold Exchange. The Shanghai Gold Exchange delivered 40.003 tonnes of gold during the week ended April 3,2015. Withdrawals of gold on the Shanghai Gold Exchange are about 650 tonnes to date in 2015. Chinese Gold Mining Production Gold Supply and Demand Annual gold mining supply is Read More →

Perth Mint March 2015 Sales

perth mint gold bullion chart march 2014-march 2015

Perth Mint March 2015 Sales. Silver sales were up 17.1% at the Perth Mint in March year over year. Gold sales were up 13.5% at the Perth Mint in March year over year. Silver Sales at the Perth Mint in March 2015 Sales of silver at the Perth Mint were up 17.1% in March 2015 Read More →

De-Dollarization Accelerates With Treasury Bond Sales and Creation of the AIIB

Chinese U.S. Treasury holdings chart

De-Dollarization and the Asian Infrastructure Investment Bank. As de-dollarization continues, paradoxically the dollar is rising. Fed talk still trumps international actions. Update January 5, 2016: China to launch Yuan Gold Fix De-dollarization accelerates while the U.S. Dollar Index (DXY) also rises. The DXY has risen nearly 20% the past year despite an acceleration of de-dollarization Read More →

German Gold Repatriation Continues and The Fed’s Vault Empties

German Gold Repatriation. German gold repatriation begun in 2013, continues. Germany is the owner of the second largest central bank gold hoard, much of it held at the New York Federal Reserve. The majority of Germany’s gold is held abroad. The Bundesbank plan is to repatriate gold in sufficient amounts to have at least half Read More →

Shanghai Gold Exchange Withdrawals Week Ended March 27, 2105

Shanghai gold exchange withdrawals compared to global gold mining production

The Shanghai Gold Exchange. Gold Withdrawals on the Shanghai Gold Exchange. The Shanghai Gold Exchange delivered 45.719 tonnes of gold during the week ended March 27, 2015. Withdrawals of gold on the Shanghai Gold Exchange are about 610 tonnes to date in 2015; up 9% from 2014 year to date. Chinese Gold Mining Production Gold Read More →

Cash is Not A Convenient Store of Value – Janet Yellen

Cash Is Not a Convenient Store Of Value. As bad economic news continues to roll in, the Fed publically remains undaunted and insists rate hikes are on the horizon. Distortions created by quantitative easing are apparent and worsening. The few bits of good economic news are met with media exclamations of “robust!” and “solid” Poor Read More →

The Silver to Gold Sales Ratio March 2015

American Silver Eagle sales 1986-2015 chart

Silver and Gold Sales at the U.S. Mint in March 2015 March sales of 3,519,000 American Silver Eagles bring the year to date sales to 12,071,000 behind 2014’s record pace. Sales of one ounce American Gold Eagle sales were up in March to 35,000 from 12,500 in February. U.S. Mint Sold 100.54 times more American Read More →

Gold Price in World Currencies – 1st Quarter 2015

gold vs the Euro q1 2015 chart

Gold Price in World Currencies First Quarter 2015. Gold Closes the First Quarter of 2015 Flat Against the Dollar; Higher Against Most Major Currencies. The U.S. Dollar Index rose nearly 9% in the first quarter, gold kept pace. Gold vs. Major World Currencies in the First Quarter of 2015 Gold Doesn’t Perform, it Endures. Here Read More →

SHANGHAI GOLD EXCHANGE WITHDRAWALS FOR THE WEEK ENDED MARCH 20, 2015

shanghai gold exhange gold withdrawal chart

The Shanghai Gold Exchange. Gold Withdrawals on the Shanghai Gold Exchange. The Shanghai Gold Exchange delivered 53.470 tonnes of gold during the week ended March 20, 2015. Withdrawals of gold on the Shanghai Gold Exchange are about 542 tonnes to date in 2015. Volume of Gold Delivered on the Shanghai Gold Exchange Here is Nick Read More →