Sales of American Silver Eagles fell 81% in September year over year. U.S. Mint Sold 325,000 American Silver Eagles in September. Sales of American Silver Eagle Coins in September 2016 were 1,675,000. September 2017 sales of American Silver Eagles were down 68% from August sales of 1,025,000 and down 91% from September 2015 sales of … Read More →
Gold Money to Sell/Store Cryptos, Sharps Pixley to Accept Bitcoin for Bullion Sales. U.S. Ramps Up Pressure on Venezuela. IMF Chief Christine Lagarde Talks Positively About Cryptocurrencies. Un Sourced Gold Backed Yuan Story Continues to Make the Rounds. Japan Issues Cryptocurrency Exchange Licenses. Video Commentary to “Gold Money, Sharps Pixley Join Crypto Craze” Watch on … Read More →
IMF Head Christine Lagard speaking at Bank of England conference touted advantages of cryptocurrencies. Largard urged policy makers not to dismiss virtual currencies as they may give “existing currencies and monetary policy a run for their money”. Lagarde hinted the SDR might have an interesting future life. Lagard suggested digital currencies could potentially join the … Read More →
While the eyes of the world are on North Korea and Rocket Man, the U.S. may be preparing for a war in its own backyard. War of words between the U.S. and Venezuela escalates beyond words as U.S. places sanctions and a travel ban on Venezuela. U.S. Considers Venezuelan Oil Embargo Venezuelan President Maduro calls … Read More →
Shanghai Gold Exchange Withdrawals rose 12% in August to 161.405 tons up from 144.71 tons in July. Shanghai Gold Exchange August withdrawals were also up 12% from 144.438 tons withdrawn in August 2016. Through August 2017, gold withdrawals were at the third highest level compared to prior years totals through August. Watch the Video of … Read More →
S&P China downgrade to “upper medium grade” comes after Moody’s downgrade in May. U.S. Says Venezuela Oil Embargo is an Option. Tesla Will Settle Charges That it Tried to Cheat the Government. Trump criticizes NFL players for “Taking the Knee” Jamie Dimon Slams Bitcoin Again Video Commentary to “This is Why China’s Credit Rating Was … Read More →
Cryptocurrencies: Decentralized Products on Centralized Exchanges. China’s crackdown on crypto exchanges highlights the issue with centralized crypto exchanges. Decentralized crypto exchanges, like local bitcoins gain favor after China’s crackdown. Atomic Swaps bypass exchanges altogether. Watch “Are Crypto Exchanges About To Go De-Centralized?” Watch Video on Bitchute Centralized vs Decentralized Exchanges Crypto currencies are decentralized products … Read More →
Indian silver imports were 327 tons (10,513,294 ounces) in July. July 2017 Indian silver imports were up 285% from 85 tons in July 2016. July silver imports were down seven tons from 334 tons imported in June. Indian Imports of 2,965 tons of silver in the first seven months of the year equal approximately 94,973,306 … Read More →
Russia Adds 500,000 Ounces of Gold To Reserves in August. Since June 2015, the Central Bank of Russia has added about 465 tons of gold to reserves. August’s 15.55 ton gold addition bring Russia’s Central Bank holdings to 1,745 tons; the sixth most of any nation. Overall Russian Reserves rose from $418.447 billion in July … Read More →
China adds another $19.5 billion of U.S. Treasury Securities in July. China added $44.3 billion in U.S. Treasuries in June and passed Japan as the world’s largest foreign holder of U.S. Treasuries. Total U.S. Treasuries held by China were at 1.166 trillion at the end of July, compared to Japan’s $1.113 trillion. Russia added $200 … Read More →
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