Gold as a private currency
For the system to function once again, gold should constitute a private currency for which only users would be the guarantors; as in the spirit of SALT (system or service of local exchange), but with...
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India’s silver imports dropped by 40%
This is what has been announced by the Indian Government. India is the second largest buyer of silver and Indian trade ministry confirmed the information that silver imports dropped to $33.46 billion...
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Monopoly money is no game nor investment
The US would have exported a total of 215 metric tons of gold bullion to Hong Kong as well as other small quantities of Dore’ not yet specified. Hong Kong is the only country to have received so much...
View ArticleHistoric gold agreements
1944 – Establishment of the IMF The first international agreement on gold came with the signing of the International Monetary Fund’s articles of agreement in July 1944. The IMF was created in order to...
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Australia’s Perth Mint gold sales hit four-month high
Gold sales from Australia’s Perth Mint, which refines all the output in the world’s second-biggest producer of the precious metal, hit the highest level in four months last month, driven by a rally in...
View ArticleAustralia Seizes 360M From Dormant Bank Accounts And All 50 U.S. States Are...
Do you have a bank account that you don’t actively use or a safe deposit box that you have not checked on for a while? If so, you might want to see if the government has grabbed your money. This...
View ArticlePhysically Backed Diamond Investment Site Picking Up Steam In Europe, Eyeing...
(Correction: Two 26-carat batches in circulation, not two 2-carat batches as previously stated) By Alex Létourneau Kitco NewsTuesday August 12, 2014 11:50 AM (Kitco News) - After finding a way to turn...
View ArticleDollar up, gold down; why?
The U.S. Dollar Index closed last Friday at 84.25. For the ninth consecutive week, the Dollar Index has finished higher than the quote from the end of the previous week. This is the longest string of...
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Buy silver before it’s too late !
Silver mine We would like to share with you an article written by Jeffry Lewis The ongoing plight of the long term value investor continues – seemingly without end. However, decades of exuberance and...
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Why does Austria wish to repatriate its gold ?
Austria official gold reserves 2009 - 2013 Many central banks around the world are aware the international monetary system is moving away from the US dollar and that the role of gold will (officially)...
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