By Koos Jansen, BullionStar As part of the wide analysis of the Chinese domestic gold market I would like to share that since the seventies there is a special army in China dedicated to gold. It’s called The Gold Armed Police – if you can read Chinese have a look at this Wikipedia page. It’s no … Continue reading
By Paul-Martin Foss India’s newest gold monetization scheme has been a colossal failure. After one month, it has netted only one kilogram (2.2 pounds avoirdupois) out of an estimated 20,000 tonnes (44 million pounds avdp) of privately-held gold. Why is that? Well, let’s look at how the program works: *Gold-holders turn their gold over to … Continue reading
By Alasdair Macleod The Indian government made headlines recently with its attempts to obtain possession of the gold held by its citizens. It claims it is in the national interest to restrict gold imports, which would reduce India’s trade deficit. Accordingly, Indians are being asked to deposit their physical gold in the banks for a promised … Continue reading
Silk road total demand, including the growth of official reserves and commercial imports, has risen from 1,493 tonnes in the year 2000 to over 27,087 tonnes in 2015. The greatest increase has been since the global financial crisis in 2008 with an astonishing increase of 450% over the total amounts accumulated until then. As you … Continue reading
By Oriental Review In December of last year we published an intriguing article by Dmitry Kalinichenko, “Grandmaster Putin’s Trap,” which has drawn far more attention from readers than we ever expected. It continues to be cited by many international political and economic experts. That article addressed Russia’s latent strategy to get rid of US bonds … Continue reading
By Jeffrey Rogers Hummel, Cato Institute The monetary base is the only magnitude that the Fed directly controls. It consists of currency held by the general public (including both Federal Reserve notes and Treasury coin) and the total aggregate reserves of banks and other depositories (whether held in the form of vault cash or deposits at … Continue reading
By Ken Jorgustin The United States has been fully off the gold standard for 44 years. Depending on where you read statistics, the average life expectancy of Fiat currencies are somewhere between 27 and 39 years. Fiat economies ALWAYS collapse. The thing is… The U.S. Dollar is on life support, and the world is about to … Continue reading
By Dan Popescu, GoldBroker.com Thanks to a set of excellent charts on gold imports vs exports by Nick Laird (www.sharelynx.com), I would like to give you a brief outlook of where is gold going. We heard for some time that gold is moving to the Far East but is it really only moving there? Well if we … Continue reading
By Ronan Manly, BullionStar Five months ago in my article “Venezuela’s Gold Reserves – Part 2: From Repatriation to Reactivation“, I concluded that: “given the deteriorating state of Venezuela’s international finances and international reserves at the present time, it may be sooner rather than later before Venezuelan gold could be on the move again out of the … Continue reading
By Gustav Andersson, BullionStar If you’d suggested just a few years ago that we’d soon be living in a global economic landscape in which an increasing number of central banks would have their interest rates set to zero, or even negative, most people would have thought you where outright mad. What seemed crazy and absurd then is … Continue reading