arabianmoney.net / 09 October 2014
Switzerland is holding a referendum on gold on November 30th that could transform the outlook for gold prices. If it passes it will mandate the central bank to hold a minimum of 20 per cent of foreign reserves in gold against 7.7 per cent today, stop its gold sales [...]
goldbroker.com / Nick Laird / Sep 20, 2014
Up another 300,000oz for August
caseyresearch.com / Chuck Butler / Sept 22, 2014
In This Issue.
* The dollar remains in the driver’s seat. * European currencies gain, Asian currencies drop. * Major data is all back of the week loaded. * Fed Speakers out in force this week!
And Now. Today’s A Pfennig For Your Thoughts.
Russia & China [...]
gata.org / By Jan Harvey / 2014-09-08 15:26
By Jan Harvey Reuters Monday, September 8, 2014
LONDON — An independent Scotland could lay claim to a part of the United Kingdom’s 310-tonne gold reserves if votes go in favour of the “yes” campaign this month, with ownership of Britain’s bullion hoard [...]
goldcore.com / Mark O’Byrne / 28 August 2014
Bank Of Canada Holds Swiss, Dutch, Swedish Gold As Swiss Repatriation Referendum Looms
Ex Bank of Canada governor Mark Carney, now Bank of England governor, holds up a gold coin at the Royal Canadian Mint to promote the public sale of rare Canadian gold [...]
caseyresearch.com / Ed Steer / August 7, 2014
¤ YESTERDAY IN GOLD & SILVER
The gold price didn’t do a lot up until 1 p.m. BST in London on their Wednesday, as it traded a couple of dollars either side of $1,290 spot up until that point. Then, at the time mentioned, away it went [...]
blog.milesfranklin.com / Miles Franklin, Ltd / July 30th, 2014
Q: What is a bullion bank? The term is used all the time, but not defined as to what and who they are.
David Schectman’s Answer:
The Blanchard Company offers this explanation:
Bullion Banks: Smarter than the Rest of Us or [...]
goldsilverworlds.com / Taki Tsaklanos / July 21, 2014
Based on the latest update of the Russian central bank, it appears that Russia has added another 500,000 ounces of physical gold to their reserves. Total Russian gold reserves now stand at 35,200,000 ounces, which equals 921,35 tonnes. Russia is among the top 8 countries based [...]
goldbroker.com / By Dan Popescu / July 14, 2014
What role does the United States play in the gold market? The United States is, after the European Union, the largest holder of gold reserves, according to the International Monetary Fund (IMF). Besides China, Russia, India and the European Union, the United States is one [...]
jessescrossroadscafe.blogspot.com / July 8, 2014
Gold and silver were hit by a trailing stop boogie woogie this morning, a half feeble effort to shake out the long who are running their stop loss orders a bit close. These sorts of things do not bother us because we have an intermediate to longer term [...]
goldbroker.com / By Dan Popescu / July 1, 2014
The European Union (EU) is an economic and political union of 28 European member States. The Eurozone, officially called the Euro Area (EA), is an economic and monetary union (EMU) of 18 European Union member States that have adopted the euro (€ or EUR) as [...]
gata.org / By Nathan Gill, Bloomberg News / June 4, 2014
QUITO, Ecuador — Ecuador President Rafael Correa said today proceeds from a loan obtained from Goldman Sachs Group Inc. after he offered more than half the country’s gold reserves as collateral will go toward investing in economic growth.
The government, faced with a [...]
gata.org / By Nathan Gill, Bloomberg News / June 2, 2014
QUITO, Ecuador — Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years to give the government easier access to cash.
The central bank said it will send 466,000 ounces of gold to Goldman Sachs, [...]
libertyblitzkrieg.com / By Michael Krieger / Jun 2, 2014 at 10:46 am
This is a great example of how the game works. In a world in which every government on earth needs “liquidity” to survive, and the primary goal of every government is and always has been survival (the retention of arbitrary power [...]
gata.org / CHRIS POWELL / Wed, 2014-05-28 15:30
Dear Friend of GATA and Gold:
The audit of its gold reserves vaulted at the Bank of England that last week was reported being planned by the Austrian central bank –
– has been conducted and was part [...]
zerohedge.com / by Tyler Durden / 05/28/2014 11:44
One week ago we reported that while Russia was dumping a record amount of Treasurys it was buying gold, or some 900,000 ounces to be precise. Today we learn that as Russia continues to purchase gold, and is likely taking advantage of the recent rout in gold [...]
goldsilverbitcoin.com / Justin O’Connell / May 27, 2014
Austria wants to make sure the Bank of England has its gold still. As the most recent signal of European Union member suspicion of one another, one wonders if the Union can overcome the tension between member states.
Last year when Germany’s central bank, the Bundesbank, said [...]
goldcore.com / By Mark O’Byrne / 21 May 2014
Russia Buys 900,000 Ounces Of Gold Worth $1.17 Billion In April The Russian central bank has again increased its gold reserves by another 900,000 ounces worth $1.17 billion in April.
Russia’s gold reserves rose to 34.4 million troy ounces in April, from 33.5 million troy ounces [...]
zerohedge.com / by Tyler Durden / 05/21/2014 08:57 -0400
Last week we commented that based on TIC data, while “Belgium’s” unprecedented Treasury buying spree continues, one country has been dumping US bonds at an unprecedented rate, and in March alone Russia sold a record $26 billion, or 20% of its holdings.