Donald Trump On The Economy
A Donald Trump Presidency May Have Unpredictable Economic Outcomes Trumponomics – Pragmatic Populism in the National Interest After defeating Ted Cruz and John Kasich in Indiana last week, Donald Trump […]
American Gold Eagle Sales Surge 296% in April
Sales of American Gold Eagle Coins Soar in April Year Over Year After dipping in in March, sales of American Gold Eagles came roaring back in April. The U.S. Mint […]
FX Friday Global Currency Review & Forecast For 5-6-16
The Dollar Rebounds On Fed Rate Hike Chatter It was bound to happen. U.S. economic data was not encouraging. The Dollar Index* was falling almost in a straight free fall […]
April 2016 American Silver Eagle Sales Up 43% Year Over Year
Sales of American Silver Eagle Coins Continue at Record Pace The U.S. Mint sold 4,072,000 one ounce American Silver Eagle coins (ASE’s) in April 2016. This reflects a 43% increase […]
American Gold Buffalo Sales Spike 179% In April
Sales of American Gold Buffalo Coins Soar In April After falling 26% year over year in March, sales of American Gold Buffalo coins snapped back sharply, rising 95% in April […]
Fed Cries “Rate Hike”… Again
Federal Reserve Holds Off Again on Raising Interest Rates The Federal Reserve held its two day April meeting last week. From it emerged a “hawkish” statement hinting that interest rate […]
Silver’s Industrial Uses
Silver – An Industrial Metal Competing With Investment Demand for Decreasing Supply Silver today is primarily an industrial metal. Prior to the mid 1960’s, silver was also a monetary metal […]
FX Friday Global Currency Review & Forecast For 4-29-16
Commodities and Commodity-Based Currencies Rise as the Dollar Falls The price of oil has reversed sharply from being down 20% on the year in early February to rising 20% in […]
India’s War on Gold
Indian Gold Imports Plunge In March Indian Government Policies That Discourage Gold Imports and Physical Gold Ownership Factor in the Decline Yesterday we reported on the staggering increase in Indian […]
Indian Silver Imports Surge
Indian Silver Imports Were Nearly 275 Million Ounces in 2015. Total Global Silver Mining Supply was Approximately 850 Million Ounces in 2015 Indian silver demand has increased exponentially over the […]
Russia’s Gold Buying Binge Continues In March
Russia Bolsters Its Balance Sheet With Gold Its been a rough past couple of years for the Central Bank of Russia as international sanctions and plummeting oil prices have taken […]
Mexican Silver Mining Production Set To Fall in 2016
World’s Largest Silver Mining Country Sees Decline in Output in 2016 After a Decade of Increasing Silver Production, a Slow Down Is Projected 2015: Mexican Silver Miners Peak Year? After […]
FX Friday Global Currency Review & Forecast For 4-22-16
Oil and the Dollar Dominate the Economic News Silver Surges Oil The price of oil whip sawed this week after a meeting of oil producers in Doha, Qatar failed to […]
Austrian Mint Silver Sales Rise 57% in 2015
Austrian Mint Silver Sales Rise 7.2 million ounces in 2015 The Austrian Mint sold 7.3 million ounces of silver in 2015. This was up 57% from 2014 when the Austrian […]
Deutsche Bank Agrees To Settle Gold and Silver Price Fixing Litigation
Largest German Bank Settles Two Precious Metals Price Manipulation Cases Last week Deutsche Bank settled two cases involving the manipulation of precious metals prices. On Wednesday, Deutsche Bank settled a […]
Chinese Gold and Foreign Reserves Increase in March
China Steadies Its Reserve Position in March Are Fears of a Chinese Slowdown Overblown? After months of declining foreign reserves, China’s foreign reserves grew in March from $3.20 trillion to […]
Austrian Mint Gold Sales Set Record in 2015
European Negative Interest Rates Spur Gold Sales at the Austrian Mint Austrian Mint Gold Sales Surged 215% in 2015 The Austrian Mint sold 1.3 million ounces of gold in 2015. […]
FX – Friday Global Currency Review & Forecast For 4-15-16
The Dollar Struggles To Regain its Footing The dollar was weak all week until mid-week. On Tuesday, Dallas Fed President Rob Kaplan warned the Fed would not wait too long […]
Perth Mint Gold Sales Rise 40% In March
March 2016 Sales of Gold at the Perth Mint Rise 40% Year Over Year. The Perth Mint sold 47,948 ounces of gold in March 2016. This was up 40% from […]
March Perth Mint Silver Sales Spike 175%
March 2016 Sales of Silver at the Perth Mint Rise 175% Year Over Year. The Perth Mint sold 1,756,238 ounces of silver in March 2016. This was up 175% from […]