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.

The Lowest Cost. Period.

Buy Canadian Silver Maple Leaf Coins

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Top stories:

Russian Hack of French Election?

France elects Emmanuel Macron despite hack and release of potentially damaging documents and emails. Macron and media immediately blame Russia. Macron’s win solidifies EU grip on power and provide a win against “anti democratic” Russia. Symbolically slows nationalism.

The release of documents occurred to late to impact the outcome due to the black out period prior to the election.

Top economic story: Federal Reserve concluded their May meeting without raising rates, but gave hawkish signals that more rate hikes are on the way.

Gold and Silver:

Gold and silver.

Gold closed last week at $1267.70 an ounce and closed this week at $1227.90 -3.1%

Silver closed last week at $17.16 an ounce and closed this week at $16.31 -5%

The gold and silver ratio ended the week at 75.16:1

Gold silver ratio one month may 5 2017

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Tweets of the Week

Chinese credit expansion

New Indian cashless gold buying app

Paris – City of Fights

Gold silver Ratio

Gold is decentralized money

Charts of the Week

Buy Gold and Silver - Money Metals Exchange

Last week was Smaulgld Appreciation Week, so there was a lot of original content.

Here are the stories we wrote, followed or commented on.

May 1, 2017

From Smaulgld.com

WIPE OUT! – AMERICAN GOLD EAGLE SALES FALL TO TEN YEAR LOW

Fed Chatter

Fed could cut its balance sheet in half, Bernanke says

Atlanta Fed projects 4.3% GDP in second quarter

US Economic Data

Personal Income 0.2%, Exp. 0.3%
Personal Spending 0.0%, Exp. 0.2%

PCE -0.2%, Exp. -0.2%
1.8% Y/Y, Exp. 1.9%, Last 2.1%
Core PCE -0.1%, Exp. -0.1%
1.6% Y/Y, Last 1.8%

US Mfg PMI 52.8, Exp. 52.8, Last 53.3
ISM Mfg 54.8, Exp. 56.5, Last 57.2
Construction Spending -0.2%, Exp. 0.4%

U.S. Mint Sales Update

U.S. Mint reported selling 530,000 American Silver Eagles and 2,000 American Gold Eagles today.

MTD American Silver Eagles sold 530,000 & American Gold Eagles sold 2,000
YTD American Silver Eagles sold 9,322,500/American Gold Eagles sold 129,000

Buy American Gold Eagle Coins

The U.S. Mint reported selling 1,000 American Gold Buffalo coins.

MTD 1,000 sold

YTD 60,000 sold

Buy 90 Percent Junk Silver US Coins

The U.S. Mint sold 400 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 20,600. The US Mint also sold 800 Frederick Douglas National Historical Site ATB coins.

Total YTD ATB coin sales 20,700 Effigy Mounds National Monument coin and 18,400 Frederick Douglas National Historical Site ATB coins. Total 39,100

Check out ATB mintages

May 2, 2017

From Smaulgld.com

AMERICAN SILVER EAGLE SALES OUT SHINE GOLD EAGLE SALES IN APRIL

CENTRAL BANK OF KAZAKHSTAN GETS SERIOUS ABOUT ITS GOLD RESERVES

THREE LARGE SILVER STOCK PILES

Will Fear or Greed Prevail During the Trump Administration?

Gold

Rye Patch now pouring gold at Florida Canyon

BOJ's Kuroda welcomes expansion of China-led infrastructure bank
China's capital controls to hamper yuan internationalization: Fitch

Will Fear or Greed Prevail During the Trump Administration?

May 3, 2017

From Smaulgld.com

AMERICAN GOLD BUFFALO SALES ADD NO RELIEF TO PLUMMETING US MINT DEMAND

PERTH MINT DISMAL APRIL GOLD SALES TOP U.S. MINT GOLD SALES

INDIA IMPORTED $7.7 BILLION IN GOLD IN FEB & MARCH VS $294 MILLION IN SILVER

US Economic Data

ADP 177K, Exp. 175K

Fed Tosses Word Salad

FOMC: "The Committee views the slowing in growth during the first quarter as likely to be transitory"

May 4, 2017

Smaulgld.com

PERTH MINT SILVER SALES IN APRILL

De-Dollarization
PBOC's Zhou Says Belt-Road Financing Should Use Local Currencies

From Smaulgld.com

CHINA
Kyle Bass Warns "All Hell Is About To Break Loose" In China

Gold

Shandong province becomes world’s third largest gold-mining site

Silver

Dow Silver Ratio
Buying Mania Will Push Silver Price Much Higher As Dow Jones-Silver Ratio Falls Back Towards 50/1
"So, the huge pressure heading into Bitcoin is released at much higher prices, while the pressure in the Silver Market is released by adding more and more contracts onto the exchanges. So, this caps the silver price and momentum."

US Economic Data
Factory Orders 0.2%, Exp. 0.4%, Last 1.2%

Initial Claims 238K, Exp. 247K
Unit Labor Costs 3.0%, Exp. 2.5%, Last 1.3%
Nonfarm Productivity -0.6%, Exp. -0.2%

May 5, 2017

From Smaulgld.com

Happy Cinco de Mayo!

Mexican Silver Libertad coins are minted in various sizes available here from Golden Eagle Coins.

Compare Pricing and Shipping on Mexican Silver Libertad Coins

BGASC.com
Golden Eagle Coins

Gold

Chinese demand for gold bars and coins soars in first quarter

Lower gold prices bolster gold demand; premiums rise in India, China

The glittering history of Saudi gold

US Economic Data

April payrolls 211K, Exp. 190K
Unemployment Rate 4.4%, Exp. 4.6%
Average Hourly Earnings 0.3%, Exp. 0.3%, Last 0.1%

Fed Chatter

James Bullard, St. Louis Fed President: "If Fed hikes once or twice, not the end of the world"

Fed
NY Fed Cuts Q2 GDP To 1.8% From 2.3%
Atlanta Fed At 4.2%

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May 6, 2017

From Smaulgld.com

A REAL SILVER SHORTAGE!

May 7, 2017

LOCAL CURRENCIES SHOULD BE USED IN BELT & ROAD FINANCING – PBOC PRESIDENT

Buy 90 Percent Junk Silver US Coins

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If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.

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Subscribe to Smaulgld.com and get the free "In Case You Missed It" weekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report "Twelve Key Differences Between Gold and Silver" when you subscribe.






Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.


You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Money Metals Exchange, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion and Canadian Mint ads on the site.


The Lowest Cost. Period.

Browse Silver Coins on Amazon

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Browse Collectible Coins on Amazon

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

SD Bullion
BGASC.com
Golden Eagle Coins
Money Metals Exchange

The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today - the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 20,300. The US Mint also sold 2,000 Frederick Douglas National Historical Site ATB coins.

Total YTD ATB coin sales 20,300 Effigy Mounds National Monument coin and 9,700 Frederick Douglas National Historical Site ATB coins. Total 32,000

Check out ATB mintages

The U.S. Mint reported selling 0 one ounce American Platinum Eagle coins.
YTD 20,000

Buy American Gold Eagle Coins

The U.S. Mint reported selling 1,000American Gold Buffalo coins.

MTD 1,000 sold

YTD 56,500 sold

Compare American Silver Eagles for sale at:

BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange

Buy American Silver Eagle Coins

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U.S. Mint Sales Update

U.S. Mint reported selling 50,000 American Silver Eagles and 500 American Gold Eagles today.

MTD American Silver Eagles sold 380,000 & American Gold Eagles sold 1,500
YTD American Silver Eagles sold 8,337,500/American Gold Eagles sold 125,000

Buy American Gold Eagle Coins

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange

The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today - the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 20,300. The US Mint also sold 2,300 Frederick Douglas National Historical Site ATB coins.

Total YTD ATB coin sales 20,300 Effigy Mounds National Monument coin and 12,000 Frederick Douglas National Historical Site ATB coins. Total 32,300

Check out ATB mintages

The U.S. Mint reported selling 0 one ounce American Platinum Eagle coins.
YTD 20,000

Buy American Gold Eagle Coins

The U.S. Mint reported selling 500American Gold Buffalo coins.

MTD 1,500 sold

YTD 57,000 sold

Buy 90 Percent Junk Silver US Coins

Compare American Silver Eagles for sale at:

BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange

Buy American Silver Eagle Coins
-----------------------------------------

If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.

Please consider making a small donation to Smaulgld.com. Thanks!





Get Free Updates From Smaulgld.com

Subscribe to Smaulgld.com and get the free "In Case You Missed It" weekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report "Twelve Key Differences Between Gold and Silver" when you subscribe.






Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.


You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Money Metals Exchange, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion and Canadian Mint ads on the site.


The Lowest Cost. Period.

Browse Silver Coins on Amazon

Buy Silver Austrian Philharmonic Coins

Browse Collectible Coins on Amazon

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

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