Strong America The Beautiful Coin Sales Through Mid-October
Sales of The United States Mint’s Five Ounce Silver Bullion Coins on Pace For Best Year Since 2011. Sales of the U.S. Mint’s ‘other’ silver bullion coin, the American The […]
American Silver Eagle Sales Come to Life in October
Dramatic Increase in American Silver Eagle Coins in October. October Surprise! American Silver Eagle coin (ASE) sales through mid-October are 2,775,000 up from 1,675,000 ASEs sold in September and 1,280,000 […]
Gold Sales at the United States Mint Accelerate In October
Investors and Collectors Buy The Dip in Gold and Drive American Gold Eagle and Gold Buffalo Sales Higher. After a 58% increase in sales of one ounce American Gold Eagle […]
FX Friday Global Currency Review & Forecast For 10-14-16
A Resurgent Dollar Continues its Climb. The Dollar Index* continued to surge all week on a majority of market participants expecting a rate hike in 2016. Most market participants now […]
Federal Reserve Minutes Show Divided Fed On Rate Hikes
No rate hike, but… On Wednesday, the Federal Reserve released the Minutes of the Federal Open Market Committee (FOMC) for the September 20-21 meeting. The FOMC concluded that ‘the case […]
How Much Gold Does the United States Have?
United States Gold Reserves Are The Largest in The World U.S. Gold Reserves The United State lists its gold reserves at 8,133.50 tons. This number has not changed since 1971. […]
Chinese Gold Reserves Increase by Five Tons In September
Chinese Central Bank Reports Gold Reserves Increased to 1,839 tons in September Chinese Gold Reserves The People’s Bank of China (PBOC) reported that it added five tons of gold to […]
Perth Mint Gold Sales Soar In September
September 2016 Sales of Gold at the Perth Mint Spike From Summer Lows. The Perth Mint sold 58,811 ounces of gold in September 2016. This was up 300% from the […]
FX Friday Global Currency Review & Forecast For 10-07-16
Week Ends With a British Pound Flash Crash & a Non Farm Payroll Miss. The Dollar Index* rose all week on continued Fed insistence that a rate hike was on […]
Perth Mint Silver Sales Spike 174% in September
September 2016 Sales of Silver at the Perth Mint Top One Million Ounces. The Perth Mint sold 1,031,858 ounces of silver in September 2016. This was up 174% from August […]
American Gold Buffalo Sales Spike 94% in September
The U.S. Mint Sold 17,500 American Gold Buffalo Coins in September. Sales of American Gold Buffalo coins continued at a brisk pace in September. The U.S. Mint reported selling 17,500 […]
American Gold Eagle Sales up 58% in September
Sales of American Gold Eagle Coins Rise in September. Through September 2016, American Gold Eagle Sales Are Up 9% Over Same Time Period Last Year. After a 378% increase in […]
American Silver Eagle Sales Rise 31% in September
Sales of American Silver Eagle Coins Rise in September from August lows. The U.S. Mint sold 1,675,000 ASEs in September up 31% from 1,280,000 sold in August. After selling an […]
FX Friday Global Currency Review & Forecast For 9-30-16
All Eyes on German Banking Sector It wasn’t supposed to come to this. The Germany banking sector is commanding the focus of market participants this week. Germany’s second largest bank […]
Janet Yellen Grilled Over “Political” Fed
If the Economy is Doing So Well, Why are Interest Rates So Low? Janet Yellen testified yesterday in front of Congress. She was grilled aggressively by Scott Garrett a Congressman […]
Where Does Gold Come From?
A good portion of global gold is mined in China and Russia. In recent years, annual global gold mining production has supplied about 66% of current gold demand each year. […]
Where Does Silver Come From?
A good portion of silver comes from Mexico and Peru. In recent years, annual global silver mining production has supplied about 85% of current silver demand each year. The remaining […]
Recycling Precious Metals
The Role of Recycling in Creating Supply Part of gold and silver demand is met by recycling existing metal. Because gold is about 70 times more expensive than silver, more […]
