Bullion

In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000% . . . .

In a wide ranging interview with MacroVoices’ Erik Townsend, legendary investor Jim Rogers, co-founder of Quantum Fund with fellow investor George Soros, has said that he wants to own more gold and silver and will continue to accumulate on any price dips . . . .

The U.S. Mint is contemplating production in 2017 of fractional versions of the Proof American Buffalo .9999 fine gold coins . . . .

China produced 453.5 tons of gold in 2016, a 0.76 percent rise from 2015 which sees the country confirmed as the largest gold producer in the world for the tenth consecutive year . . . .

Gold hit a two-week high on Friday on a weaker dollar and was set to close 2016 about 9 percent higher, snapping three years of declines . . . .

London-based gold dealer Sharps Pixley Ltd. is running out of bars and coins as buying surges after Donald Trump won the U.S. presidency . . . .

The Mint’s American Eagle sales of both gold and silver bullion coins increase in October. . . .

"Delivery of gold" has been refused by a popular German gold exchange traded commodity (ETC), Xetra-Gold, which is offered by Deutsche Bank, in the latest example of the risk of owning gold exchange traded commodities (ETCs), exchange traded funds (ETFs) and indeed most institutional gold investment offerings . . . .

As we approach the halfway mark of the year, it appears that 2016 will be a very strong year for the controversial asset class known as gold . . . .

Gold coins and bars are seeing increased demand in the UK on BREXIT “nerves” according to Reuters today . . . .