American Gold Buffalo Sales Lowest Ever in 2017

Total sales of all american gold buffalo and american gold eagle coins through December 2017

2017 U.S. Mint Sales of American Gold Buffalo Coins Hit All Time Low in 2017. Total U.S. Mint Gold Sales Were Lowest Since 2007. U.S. Mint Sold 99,500 24K American Gold Buffalo one ounce gold coins in 2017. U.S. Mint Sold 724,500 22K American Gold Eagle coins in various denominations representing 302,500 ounces of gold Read More →

Will 2018 Be The Year of a World Currency?

Phoenix flaming bird canstockphoto13933552

1988 Economist Cover Back in Focus. 100 million tons silver reserve found in China. Bernanke Banker Coin, Ripple pauses its ascent. Venezuela runs out of gasoline. Gold in Record Run! Fed’s Powell- We Boost (Rig) Markets. Global Debt hit a record $233T. Yuan denominated Oil Futures Contract said near ready to launch- NO mention of Read More →

American Gold Eagle Sales Fell 72% in 2017

American Gold Eagle Sales By Month 2016 v 2017 through December

U.S. Mint 2017 American Gold Eagle Sales Report. The U.S. Mint sold 228,500 one ounce American Gold Eagle Coins in 2017 down 72% from 817,500 sold in 2016 and down 63.5% from 626,500 sold in 2015. Sales of one ounce American Gold Eagles were the lowest since 2007. Total ounces of gold attributable to all Read More →

2017 American Silver Eagles Sales Fall to Lowest Level Since 2007

American Silver eagle sales 1986 - 2017 through December

U.S. Mint 2017 American Silver Eagle Sales Report. U.S. Mint Sold 18,065,500 American Silver Eagles in 2017. U.S. Mint Sold 742,000 American Silver Eagle coins in December. 2017’s Annual Sales Total Lowest Since 2007’s 9,887,000 American Silver Eagles sold. 2017 American Eagle Sales were down 52.1% from 2016’s sales of 37,701,500 and down 61.6% from Read More →

Military and economic tensions growing between the U.S. and China

China vs US

Chinese foreign debt rises to $1.68 trillion Gold finishes 2017 over $1,300 up 13%, silver closes shy of $17 up $7%. Cardano and Ripple rip higher. JP Morgan fined in another fraud case. Copper continues to climb. 2017 ends with no Comex default, no gold backed Yuan, no sovereign sized gold buy, no dollar collapse Read More →

Gold Price vs. World Currencies in 2017

Gold in US Dollars Full Year 2017

Gold Rose 13.6% vs. the U.S Dollar in 2017. Gold’s 2017 price rise follows a 9.1% rise in 2016. 2017 price rise was gold’s best year since 2010’s near 30% increase. Gold price rise muted in other world currencies; down 1% vs the Euro. Silver rose 7.1% vs. the U.S. Dollar in 2017 but fell Read More →

Saudi Arabian Holdings of US Treasuries Soar in 2017

Foreign holdings of Us Treasuries 2016 - 2017 through October

Saudi U.S. Treasury Holdings Surge 41% in 2017. Chinese Treasury Holdings Rise to $1.89 Trillion in October – near a 12 Month High. Russian U.S. Treasury Holdings up 41% since October 2016 (+$30 billion); at Highest Level since September 2014. Chinese US Treasury Holdings are up $139.9 billion since November 2016 Brazil, Switzerland, UK, Saudi Read More →

People’s Bank of China Reports Flat Gold Reserves in November

Chinese gold reserves 2009 - 2017 october

People’s Bank of China Added No Gold to Reserves in November. The People’s Bank of China has not added any gold to reserves since they were admitted to the SDR in October 2016. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for Read More →

Bitcoin Ranks Last on the U.K.’s Money Laundering Risk List

Money laundering

The 2017 UK Treasury National Risk Assessment of Money Laundering and Terrorist Financing Report Ranks Risks. Cash, banks, accountants, lawyers and other professional service providers pose the highest risks for money laundering. Digital currencies pose the lowest risk for money laundering and terrorist financing. Watch the Video Commentary to “How Does the UK Rank the Read More →

After Cryptocurrencies’ Wild Week – What’s Next?

Cryptocurrencies bitcoin ether and litecoin

What Might Pop the Crypto Bubble? The Great Crypto Crash and Recovery. U.S. Tax reform signed into law – supported only by Republicans. Russia to set up physical gold exchange and to buy more U.S. Dollars. Belarus legalizes Bitcoin, ICOs makes them tax free for five years Russian investigation ensnares Jill Stein. DOJ orders fresh Read More →