
Russian Gold Reserves in October
Russia adds 1.3 million ounces of gold to it's reserves in October.
Read articleRussia adds 1.3 million ounces of gold to it's reserves in October.
Read articleTrade body Indian Bullion & Jewellers Association (IBJA) has created a flutter among some of its 2500 members by informing them through a text message that the government might ban imports of gold into the country until the end of the current fiscal year (FY17) and advance the last date of de...
Read articleIndia's government increased the limit on cash withdrawals from bank accounts on Sunday to calm public anger as millions of people clamored for new rupee bills after a shock abolishment of large denomination notes. Large crowds were again gathered at banks across the country trying to change 5...
Read articleThe earthquake has happened: Donald Trump is president-elect of the United States of America. Quite an enormous “black swan”! What should we expect now? On the one hand, Trump’s victory seems like a formidable denial of the economic lies being spread since the 2008 financial crisis: no, unemploy...
Read articleShanghai Gold Exchange and Dubai Gold and Commodities Exchange signed an agreement on Friday in Shanghai which makes the DGCX the first foreign exchange to use the SGE's renminbi-denominated gold benchmark.
Read articleWe can’t help but see also the beginning of a flight away from the currencies. And, besides, those countries (China, Middle-East countries) are indeed big buyers of gold, whether through their people or their central banks.
Read articleThe mistake that most people make is to measure gold in US dollars. Gold in pounds for example is only 8% from the September 2011 peak.
Read articleThe selling of gold we saw last week was another desperate attack by the BIS and some central banks, together with the bullion banks, to manipulate the gold market lower.
Read articleToday, we might be standing at another historical peak in the global economy. There are certainly many similarities like deficits, debts and decadence. Just like the Roman Emperors, current leaders have illusions of grandeur of a magnitude that the world has never seen before.
Read articleThe SDR is just a step in the long strategy of China to eliminate the dollar’s “exorbitant privilege” and that gold will play a major role at the negotiating table
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