News Articles

The value of Russian gold reserves rose by 3.45% to $50.58 Billion in October as compared to $48.89 Billion recorded in September . . . .

Even as investors shed gold holdings almost everywhere else in the world, Chinese savers like Hu Jingjing are buying . . . .

As central banks race to devalue currency private individuals are hoarding record amounts of gold . . . .

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” . . . .