Germany’s Gold Repatriation Program
Germany Leads Central Bank Gold Repatriation Movement Germany, others request gold held on deposit in foreign central banks be returned For decades following World War II, Germany stored more than […]
American Gold Buffalo Coin Sales Down 26% in March
Sales of American Gold Buffalo Coins Fell In March After surging 58% year over year in February, sales of American Gold Buffalo coins fell 26% in March. The decline was […]
FX – Friday Global Currency Review & For Forecast For 4-8-16
A Week Of Uncertain Direction This week brought a raft of mostly poor economic data that impacted the dollar negatively. On Tuesday, we learned that U.S. factory orders fell 1.7% […]
March American Gold Eagle Sales Down 18%
Sales of American Gold Eagle Coins Dip in March Year Over Year After surging 440% in February, sales of American Gold Eagles took a breather in March. The U.S. Mint […]
March 2016 American Silver Eagle Sales Up 17% Year Over Year
Sales of American Silver Eagle Coins Set First Quarter Record The U.S. Mint sold 4,106,000 one ounce American Silver Eagle coins (ASE’s) in March 2016. This reflects a nearly 17% […]
A Turbulent Start to 2016 -The First Quarter In Review
The Dollar Index Fell, Gold Shone, Stocks and Oil Prices Crashed And Regained Their Footing, While Democrats and Republicans Battled It Out For Their Parties’ Presidential Nominations Currencies Down Goes […]
Mexican Silver Miners Lead Global Silver Mining Production Increase in 2015
Global Silver Mining Up in 2015 Despite Falling Prices Global silver mining production increased in 2015, despite declining prices. Mexico, the world’s leading silver mining country increased its production 3.5% […]
FX Friday – Global Currency Review & Forecast for 4-1-16
Fed Chair Janet Yellen Speaks, Currency and Equity Markets React The week opened with mixed economic data releases on Monday. The Dallas Fed February reading was a negative -13.6, which […]
U.S. Mint Set To Release Second America The Beautiful Coin of 2016
New America The Beautiful 5 Ounce Cumberland Gap Historical Park Silver Coin Now Available For Pre-Order The United States Mint is set to release the next in a series of […]
Indians Love Gold And Their Government Hates It
Indian Government Tries to Get Indians to Turn in Their Gold India is by most measures the world’s largest gold consuming nation. Some years China takes the title, but India […]
Fed Statements Focus on the Trees To Prevent Observers From Seeing the Forest
Kicking the Can Down the Road For Nearly a Decade The Federal Reserve has been very clever in focusing market participants on potential month to month Fed policy changes by […]
Global Currency Review & Forecast for 3-28-16
Dollar on the Ascent Again The dollar is back on the rise. The Dollar Index* has been climbing steadily for over a week after declining for most of 2016. The […]
Fed Rate Hike Talk Slows Gold and Silver Gains
Fed Chatter Dumps Cold Water on The Price of Gold and Silver Since the beginning of the year gold had been on a tear. Gold has risen over 20% making […]
Silver Mining Production Set To Plummet in 2016
Société Générale Projects Silver Mining Production to Fall 9.2% in 2016 After a decade of increasing silver mining production that reached its peak in 2015, the amount of silver flowing […]
Russia Boosts Gold, U.S Treasury and Overall Reserves
As Economy Falters, Russia Strengthens Its Balance Sheet Despite the plunge in the price of oil, and a worsening economic outlook, the Central Bank of Russia has increased its overall […]
2016 Presidential Candidates on the Federal Reserve and Gold
Gold, The Federal Reserve and the Candidates Ever since Richard Nixon unilaterally took the United States off the gold standard in 1971, re-backing the U.S. dollar with gold and Federal […]
FX Friday – Global Currency Review & Forecast for 3-18-16
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Big Week For Oil, Precious Metals; Bad Week For the Dollar The week’s economic news was dominated by […]
Federal Reserve Keeps Rates Unchanged, Gold & Silver Surge
Today’s Gold Prices Today’s Silver Prices Today’s Platinum Prices Today’s Palladium Prices Fed Decides Not to Normalize So Fast During the winding down of quantitative easing (QE) in 2014, the […]
Overall Foreign Holdings of U.S. Treasuries Increase In January
Foreign Holdings of U.S. Treasuries Increase In January, But Net Sales by Foreign Official Institutions Fall Gold and silver investors are wise to keep an eye on foreign treasury holdings. […]
What Causes Price Inflation?
The Causes of Price Inflation In this BGASC.com inflation series we will review examples of the various types of inflation in different countries and the impact they may have on […]