Gold demand showed a healthy increase in the third quarter according to a report released by the World Gold Council.Total gold demand in Q3 stood at 1, 121 tons, an increase of 8% compared to the third quarter of 2014.Global investment demand helped drive the overall increase. It surged 27% to 230 tons, primarily on the strength of gold bar and gold coin purchases. In the US, bar and coin demand hit the highest total in five years, up a whopping 207% to 33 tons. Gold Eagle coin sales are at the highest level since the financial crisis.
The Silver Institute has released its October issue of Silver News. This edition spotlights the continuing demand for silver bullion coins, highlighting the fact that the US Mint, the Royal Canadian Mint, Australia’s Perth Mint, the Austrian Mint, and the British Royal Mint recently all put their silver bullion coins on allocation at the same time.Although individual mints, especially the US Mint, have gone to allocations in past years, most recently when American Eagle Silver Bullion Coins sold out in July of this year, restriction from multiple mints at the same time is unprecedented and illustrates considerable tightness in the current global silver coin business."
This is no longer some wild conspiracy theory. The Treasury Secretary is saying it. Congress is saying it. The numbers are screaming it: Social Security is going to fail.
Jim Willie joins the morning show for a power packed interview, discussing: -The history of the Iraq war and who took their gold -Where Libya's gold is today -Will the […]
I remain completely undeterred in believing the Global Economic Collapse will occur this year, before the end of the year...
Once you “see” the truth, you can’t “un-see” it…
Bitcoin’s sudden surge should be an enormous encouragement to stackers, not a source of frustration. Here's why:
Presidential candidates easily make and break promises, but the fact is that government spends, the Fed creates, currencies purchase less, and most of the nation becomes poorer in real purchasing […]
A Perfect Storm is brewing in the physical silver market...
Is buying mining shares right now like getting gold for free? Bill Holter seems to think so...
Russian central bank governor, Elvira Nabiullina spoke about Russia’s gold and foreign currency reserves today saying Russia intended building them up to $500 billion in the coming years. More importantly, […]
TND Editor's Note: The Trident II D5 missile is the grand daddy of the U.S. nuclear arsenal. If sending a message was among the objectives of those that ordered these tests, […]
This is so reminiscent of what happened back in 2008...
Once the cascade begins, your insurance company will not be accepting applications or even phone calls at that point until the dust clears!
For whatever reason, our planet suddenly seems to be waking up. The sudden violent shaking along the Ring of Fire seems to continue a progression of major disasters that began back […]
This summer's market mayhem caused Americans to buy Gold bars & coins at levels unseen since the financial crisis.
We suspect that millions of Germans are currently regretting their society's socialist views on gun control...
After a year of anticipating a Federal Reserve interest rate hike, all eyes are on the Fed’s December meeting. There are two obvious outcomes: the Fed does raise interest rates or it does not. In his November Gold Videocast, Peter Schiff explains why both scenarios are bullish for gold. Peter points to the behavior of gold under both Alan Greenspan and Paul Volcker as proof that a rising interest rate environment isn’t automatically bearish for the yellow metal. On the other hand, if the Fed continues to delay raising interest rates, investors will begin to realize their expectations were ill-founded and reconsider their positions in gold and silver.Either way, investors who have been waiting to buy should thank the Fed for extending the opportunity to buy gold for less than $1,100 an ounce.
A crash in junk bonds almost always precedes a major crash in stocks. This is just the beginning of a time of great financial volatility. The things that we are […]
Year to date, an astonishing 2,165 tonnes of gold have been withdrawn from Shanghai Gold Exchange vaults. The amount of registered gold left in all COMEX vaults COMBINED? 5 metric […]