Category Archives: Gold

Chinese “Lose Faith In Collapsing Stock Markets/currency”, Import Most Gold Since 2013

Via zerohedge.com:

  • “After a two year hiatus in which the Chinese population gingerly rotated from the burst housing bubble to the now burst equity bubble, the legacy battleground has been once again restored, with Chinese equities and currency, a proxy for China’s central bank preserving control over an increasingly more chaotic system on one side, and with “alternative” assets such as gold and bitcoin on the other”

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PRECIOUS METAL DEMAND SURGES AS US MINT BEGINS 2016 SALES

Via Zerohedge.com

  • “As Reuters reports, American Eagle silver coin sales jumped on Monday after the U.S. Mint said it set the first weekly allocation of 2016 at 4 million ounces, roughly four times the amount rationed in the last five months of 2015, after a surge in demand. It will not be enough”
  • “According to the Mint, more than half of the week’s allocation of silver sold on Monday, the first day of 2016 sales, a sign that demand entering 2016 is literally off the charts”

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