Search Results for: precious metals

Russia becomes world’s largest gold buyer

Russia gold bars

Russia’s central bank is now the world’s top gold buyer after adding 356,000 ounces of the precious metals to its reserves in February, data from the International Monetary Fund (IMF) quoted by local paper Vedomosti (in Russian) shows. According to the report, the country — which has been hoarding bullion as of late — increased …

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China’s plan to dominate the global gold market

China dominate global gold market

Status as one of the world’s biggest bullion importers, participation in the gold fix at the London exchange and a plan to establish a jewelry gold investment center in Shanghai has turned China into one of the leading players in the global gold market in 2016. Gold entered the New …

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JP Morgan silver probe dead in the water, CFTC sides with the bankers

crash jp morgan buy silver

Two weeks after Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, said that “I am hopeful and expect the silver investigation to conclude in the not-too-distant future, hopefully in September or October…It has already taken far too long,” the probe by the CFTC into silver price manipulation is coming …

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Russia to buy 200 tons of gold in 2016

russia-buy-200-tons-gold-2016

Russia plans to stock up on about 200 tons of gold this year, nearly matching the 208 tons it purchased in 2015. That’s according to Anton Navoi, the deputy head of the statistics department at the Russian Central Bank. Navoi explained that it’s profitable for the state to buy the …

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Canada has sold all of its gold

Empty gold vault

One month ago, when looking at the latest Canadian official international reserves, we noticed something strange: Canada had sold nearly half of its gold reserves in one month. According to the February data, total Canadian gold reserves stood at 1.7 tonnes. That was just 0.1 per cent of the country’s total …

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The dilemma of false terrorism

war on terror is a fraud

A New York Times article has attracted attention in alternative media circles for its portrait of Bernard von NotHaus, the “Rosa Parks of the constitutional currency movement.” Entitled, “Prison May Be the Next Stop on a Gold Currency Journey,” the article describes von NotHaus and his current predicament. Mr. von NotHaus was convicted of …

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The Fed on gold price manipulation

Lately various media outlets have been swamped with stories and allegations of precious metal manipulation ranging from the arcane, to the bizarre to the outright ridiculous. At issue is not that these claims of price fraud are unfounded – they very well may be completely true – but without a notarized …

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Barclays fined £26 million for manipulating price of gold for a decade

Barclays capital gold price rigging

It was almost inevitable: a week after we wrote “From Rothschild To Koch Industries: Meet The People Who “Fix” The Price Of Gold” and days after “Barclays’ Head Of Gold Trading, And Gold “Fixer”, Is Leaving The Bank“, earlier today the UK Financial Conduct Authority finally formalized what most in …

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Switzerland chooses gold over paper wealth backed by US dollar

Switzerland gold paper wealth backed US dollar

Another country is betting on physical gold. Switzerland’s pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars. “The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland. …

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Social Security loophole is about to close

Social Security benefits claim form loophole

From Filip Karinja, for Birch Gold Group A loophole that allows citizens to get extra money out of Social Security is set to close soon. The Bipartisan Budget Act of 2015 was passed by Congress without much of a debate, leaving many Americans with little time to prepare. (Not that Congress normally acts …

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US Mint sells out of 2015 Silver Eagles

2015 Silver Eagle

In the aftermath of the latest breakout of the Greek crisis, Europeans across the continent, not just in Greece (even though with capital controls, potential deposit confiscation and currency devaluation they would have benefited by far the most), scrambled to buy physical gold and silver. This is what the UK Royal …

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US mint sold out of 2013 silver eagle coins

Silver Eagle 2013

The United States Mint has informed authorized purchasers that 2013 American Silver Eagle bullion coins are temporarily sold out. This follows intense demand for the silver bullion coins since the initial release on January 7, 2013. On the first day of availability for 2013-dated Silver Eagles, authorized purchasers had placed …

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Brexit is just the beginning

Brexit EU

From Filip Karinja, for Birch Gold Group Last week, global equity markets were shook up, when $2 trillion was wiped out in a single trading day. That’s bigger than any daily loss during the 2008 global financial crisis, or on the infamous Black Monday stock market crash of 1987. The cause? A surprise …

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3 important issues to keep an eye on in 2016

2016 New Years 3 important issues

From Filip Karinja, for Birch Gold Group As we begin a new year, it’s only natural to question what’s in store for 2016. We have dozens of issues on our radar, but here are a select few that you may want to keep a close eye on: 1. Debt Crisis: No solutions …

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IMF set to include Chinese yuan into SDR currency basket

IMF meeting IMFC International Monetary Fund

From Filip Karinja, for Birch Gold Group The International Monetary Fund (IMF) is set to meet in just over a week – on November 30 – to discuss what will almost certainly see the Chinese yuan added to the Special Drawing Rights (SDR) currency basket. IMF Chief Christine Lagarde has already …

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How long will the dollar remain the world’s reserve currency?

We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy.  But this is a dangerous and mistaken assumption. Since August 15, 1971, when President Nixon closed the gold window …

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Max Keiser says: “hang the bankers”

Viewers in the U.K. were surprised watching Channel 4’s “10 o’clock Live” show when guest Max Keiser, speaking in a debate moderated by one of the show’s presenters, David Mitchell – appealed to the live audience to “hang the bankers.” The audience applauded very enthusiastically. Keiser went on to explain …

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Peak gold, amid rising demand and a declining dollar

Cash is trash

From Filip Karinja, for Birch Gold Group Conventional wisdom suggests a strong dollar is bad for the price of gold. So given the dollar’s current relative strength against other currencies, we should expect the price of gold to fall, right? Not so fast, says a new report from the World Gold Council (WGC). …

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Government is ‘robbing’ citizens of their wealth through inflation

Inflation ahead sign

Political commentator and freedom advocate Floyd Brown knows what the U.S. government is up to, and he’s calling Washington on it. In this one-on-one interview, find out why the president of the Western Center for Journalism believes Americans are systematically robbed of their savings through a deliberate devaluation of the …

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Texas wants its gold back from the Federal Reserve

Texas flag gold

From Filip Karinja, for Birch Gold Group In the past few years, we’ve seen a groundswell of nations demanding their gold back from the New York Federal Reserve. Already, that list includes Germany, Austria, Netherlands, Belgium and Venezuela. Now another place is joining the list, but it isn’t a country: It’s …

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