The World’s First Reserve Currency – The Silver Pieces of Eight

Pieces of 8 front and back

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 →

U.S. States Enact Pro Gold and Silver Measures

gold kruggerand silver maple leaf

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 Withdrawal Solid in April

Chinese Silver Panda Coin front

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 Shanghai Gold Exchange March withdrawals were essential flat from 171.395 tons withdrawn in April 2016.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 →

Are Whiskey and Cognac Money?

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 →

People’s Bank of China, Not China, Halts Gold Purchases

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 →

Value of the Swiss National Bank’s Mining Share Portfolio Falls 30%

Swiss National Bank Gold and Silver Mining Share Portfolio Cut By 30%. Swiss National Bank Overall Equity Portfolio Grows 30% from $62 Billion to $81 billion. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Swiss National Bank Gold and Silver Mining Share Holdings as Read More →

Swiss National Bank Slashes Gold and Silver Mining Share Holdings

The Swiss National Bank Cuts Positions of Big Name Mining Shares in First Quarter. Swiss National Bank Cuts Holdings in Large Miners by 7-15% in Q1 2017. Positions in Franco Nevada, Goldcorp, Silver Wheaton and Yamana Gold holdings each cut over 10%. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up Read More →

The Russian Hack that Didn’t Work (On Purpose?)

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 →

Local Currencies Should Be Used In Belt & Road Financing – PBOC President

People’s Bank of China’s President Encourages Use of Local Currencies Along Silk Road. De-Dollarization Accelerates. Does This Mean GAME OVER For the Dollar? Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal The Belt and Road Initiative “At the same time, the use of local currency will gradually reduce the dependence on Read More →

A Real Silver Shortage!

Something Big Happened in the Gold Market To Cause Silver Hoarding. The U.S. Mint Reacted by “Clipping Coins” and Turning On The Printing Press. The Gold Silver Ratio of 15-1 Set Under the Bi-Metallic Standard Failed. Bad Money Drives Out Good Money. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up Read More →