News Articles

IMF staff on Saturday recommended that the Chinese currency, the yuan, be included in the IMF’s benchmark foreign exchange basket, a move that will indirectly benefit India as well . . . .

Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support near $1075 an ounce . . . .

Central banks and other institutions boosted gold purchases to the second-highest level on record in the quarter to September as countries including China and Russia sought to diversify their foreign-exchange reserves . . . .

One of America’s largest companies is preparing for problems in the banking and financial system and another financial crisis . . . .

The Silver Institute has released the Oct 2015 Silver Report. Among other things, it discusses the allocation of Silver bullion coins by major world mints as Silver demand soars.

You can read the complete report at: www.mintstategold.com/articles/Silver_Report_Oct_2015.pd.:

The World Gold Council has published the latest figures to end-September of the World’s national gold reserves . . . .

Marc Faber, Swiss economist, forecaster, renowned investor and the original Dr. Doom, may need a new nickname.

In an interview on CNBC’s “Trading Nation,” the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is actually a “great optimist” . . . .

Gold has been underperforming since the hawkish October Fed meeting . . . .

After a tough summer that saw erratic price movements across commodities, spot gold hit a four-week low on Monday. But that has not deterred one German gold bullion dealer from expanding into Asia for the first time . . . .

Demand for gold bullion remains strong and suggests gold prices have a huge “for sale” sign on the precious metal . . . .