Is the Fed Losing its Relevancy?
Federal Reserve Meets, Leaves Rates Alone – Again As the Federal Reserve’s third round of quantitative easing was drawing to an end in December 2014, the Federal Reserve conditioned market […]
Indian Gold Imports Slump in 2016
India’s War on Gold Takes its Toll on Gold Consumption in India Indian gold imports continue to lag through April and are nearly 45% lower year over year. India, historically, […]
FX Friday Global Currency Review & Forecast For 7-29-16
The Fed Back in the Spotlight The Federal Reserve left interest rates on hold earlier this week following its July meeting. The Fed’s assessment of the economy was upgraded from […]
Clinton, Trump and Third Party Candidate Possibilities Create More Economic Uncertainty – Part 2
A Trump Presidency Would Bring A New Set of Financial and Political Uncertainties Yesterday, we discussed the uncertainties surrounding a possible Hillary Clinton presidency in light of potential ongoing leaks […]
Clinton, Trump and Third Party Candidate Possibilities Create More Financial Uncertainty – Part 1
Presidential Uncertainty Just Rose To a New Level Due to events surrounding the U.S. Presidential campaigns in recent days, U.S. political uncertainty is joining ‘global economic uncertainty’ at the top […]
Russia Adds 19 Tons of Gold To Reserves in June
Russia Continues to Lead the World’s Central Banks in Gold Purchases The Russian Central Bank announced this week that its gold reserves had reached 48.2 million troy ounces (approximately 1,500 […]
Gold Sales Perk up 49% at the Perth Mint in June
June 2016 Sales of Gold at the Perth Mint Rise From May Levels. The Perth Mint sold 31,368 ounces of gold in June 2016. This was up nearly 50% from […]
FX Friday Global Currency Review & Forecast For 7-22-16
Brexit Fallout Limited? In the run up to the Brexit vote, central banks, politicians, media pundits and the International Monetary Fund warned that a vote by Great Britain to leave […]
U.S. Mint Re-Introduces Platinum Bullion Coins For Sale To Meet Pent up Demand
U.S. Mint Will Make 2016 American Eagle Platinum Bullion Coins Available To Dealers At The End of July. The United States recently notified its dealers that it would begin dealer […]
India Imports Over 50 Million Ounces of Silver In First Four Months of 2016
Indian Silver Imports Lower in 2016, But Still Substantial. Indian silver demand has fallen nearly 40% in 2016 from 2015, but is on pace to consume about 20% of the […]
Are Gold Bugs Donald Trump Supporters?
According to a CNBC Poll, Trump supporters prefer gold to stocks as the best investment Recently, CNBC host Steve Liesman remarked ‘Trump voters tend to be gold bugs’. This was […]
China Adds 15 Tons of Gold in June
Chinese Central Bank Reports 1,823 Tons of Gold as Reserves Chinese Gold Reserves In June 2016, the People’s Bank of China added 15 tons of gold to its reserves. Since […]
FX Friday Global Currency Review & Forecast For 7-15-16
Strong Non Farm Payroll Number Puts Fed Back in Focus After the Brexit vote last month, equity markets cratered. By July 12, U.S equity markets had recovered all their post […]
U.S. Presidential and Domestic Uncertainty
Gold and Silver Do Well In Times of Uncertainty Financial markets have focused and obsessed on “global financial uncertainty” resulting in large part from the Brexit vote. Many uncertainties have […]
Perth Mint Silver Sales Hop 217% in June
June 2016 Sales of Silver at the Perth Mint Rise 217% Year Over Year. The Perth Mint sold 1,220,817 ounces of silver in June 2016. This was up 217% from […]
The Market Fascination With The Non Farm Payroll Report
The Monthly Non Farm Payroll Number Has the Power to Move Markets Arguably, the most important economic data point released each month is the Non Farm Payroll (NFP) report issued […]
American Gold Buffalo Coin Sales Solid In June
Sales of American Gold Buffalo Coins Maintain Strong Pace in June. Sales of American Gold Buffalo coins continued at their solid pace in June. The U.S. Mint reported selling 14,500 […]
FX Friday Global Currency Review & Forecast For 7-08-16
Brexit Continues To Cast its Shadow Over the Currency Gold and Silver Markets A few months ago, global currency movements and the prices of gold and silver were influenced primarily […]
American Gold Eagle Sales Up 30% Through June
Sales of American Gold Eagle Coins Remain At Elevated Levels Through June Through June 2016, American Gold Eagle Sales Are Up 30% Over Same Time Period Last Year After a […]
American Silver Eagle Sales Fall In June
Sales of American Silver Eagle Coins Slid in June After selling more than four million one ounce American Silver Eagle coins (ASEs) five months in a row, the U.S. Mint […]