The Silver Eight Real or Real de a Ocho was a trusted international currency for centuries. Before the Gold Standard there was a Silver Standard. From the late 16th century through the 19th Century the Real de a Ocho was accepted in international trade Watch on Rumble ““The World’s First Reserve Currency – The Silver … Read More →
Arizona Legislature Ends Tax on Gold and Silver. Texas House of Representatives passes bill approving bullion depository. FBI Director Comey Fired. Ransomware Cyber Attack Demands Bitcoin. Indian and Chinese Gold Demand Surging; US Mint Demand Non-Existent Swiss National Bank Reports Reduced Gold and Silver Mining Share Holdings Check out all the Smaulgld podcasts here. Not … Read More →
Shanghai Gold Exchange Withdrawals fell 11% in April to 171.174 tons down from 192.250 tons in March. Shanghai Gold Exchange March withdrawals were essential flat from 171.395 tons withdrawn in April 2016. Through April 2017, gold withdrawals were at the second highest level compared to prior years totals through April. Donate To Smaulgld.com via paypal … Read More →
Cognac Meets the Test for Money. Are Brandies, Whiskey, Wines & Beer Good Forms of Money? Can whiskey and cognac be used as currencies? What about other commodities, drugs and consumables? If they can be used as money why aren’t they? Would $1,000 worth of whisky or cognac bought five years ago, be worth more … Read More →
Peoples Bank of China Adds No Gold to Reserves in April. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the third month in a row, up $20.45 billion in April, to $3.03 trillion. PBOC Foreign Reserves fell approximately $320 billion in … Read More →
Emmanuel Macron Defeats Marine Le Pen In French Presidential Race. Gold and Silver Fall; Gold Silver Ratio Tops 75:1. Fed Hints at More Rate Hikes as Economy Slows. Gold Demand In China/India Rises; Falls at U.S. Mint. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via … Read More →