A staggering 83% of the gold bars stored at Fort Knox fail to meet modern international purity standards, rendering much of the US’s reported 8,133.5 metric tons of gold reserves. . . Johnathan Wall
Using a gold price of $4,320 per ounce, BofA calculates that a compression to the 2011 ratio low of 32:1 would push silver to $135, while a drop to the. . . Johnathan Wall
The Bank of Russia’s January bulletin showed 74.8 million fine troy ounces at the end of December, while the central bank’s monthly reserves table and follow up reporting from The Moscow Times put the stock at 74.3 million ounces after. . . Dr. Usman
Although geopolitical tensions persist and economic anxiety is high, there is a noticeable lack of immediate urgency driving market positioning, according to. . . Sayantan Sarkar
The Mint buys gold that originates in a Colombian drug cartel mine. It makes Lady Liberty coins out of gold from Mexican and Peruvian pawn shops and from a Congolese mine that is part-owned by the. . . Justin Scheck
A perfect storm of surging demand from retail investors and rapid consumption from manufacturers ramping up solar panel production ahead of expiring tax rebates resulted in the largest single month of silver imports in China’s history, according to a report from The Kobeissi Letter... Ernest Hoffman