After the price of gold fell to a new low in November, total U.S. gold exports jumped 40% compared to the previous month. When the USGS released their October Gold Mineral Industry Survey, total gold exports that month were the second highest of the year. However, the most recent data…
There are two charts every precious metals investor needs to see. The U.S. Mint is celebrating its 30 year anniversary producing Gold and Silver Eagles and if we look at the sales data of these two Official precious metal legal tender coins going back to 1986, there are some interesting…
Americans are in big trouble and they don’t even know it. The financial system in which they are totally invested, is heading towards an epic collapse. Printing money and increasing debt (exponentially) are not sustainable business practices. These artificial techniques to prop up a Zombie Economy have a certain lifespan……
According to USGS, U.S. gold production declined 11% in October compared to same month last year. This was due to lower seasonal production in Alaska and lower grades at Rio Tinto’s Bingham Caynon Mine in Utah. U.S. gold production in October was 16.8 metric tons (mt) compared to 18.9 mt…
U.S. gold exports to Hong Kong and China jumped significantly in October. Not only were U.S. gold exports strong in October, they were the second highest for the year. Shipments of gold out of the U.S. spiked in January, declined in February and March and remained subdued during the summer…
(By Charles Savoie) — As of a January 2, 2015 report, Bitcoin was in the $350 range in December 2014, but it started 2014 at $770! As of January 20, Bitcoin is $210, and the New York Stock Exchange (Pilgrims Society) has invested in another Bitcoin startup enterprise. There’s no…