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Key Gold Headlines

POSTED ON September 12, 2019  - POSTED IN Key Gold Headlines

Corporations are piling on the debt.

Last week, companies borrowed $74 billion in the US investment-grade bond market. It was the largest corporate debt increase for any comparable period since they started tracking such things in 1972.

POSTED ON September 10, 2019  - POSTED IN Key Gold Headlines

The silver market in India has enjoyed massive growth over the last several years. Demand for the white metal has increased from around 3,000 to 6,000
tons over the last five years, according to Chirag Thakkar, CEO of the Indian bullion company Amrapali Gujarat.

The Silver Institute interviewed Thakkar for the latest edition of Silver News.

POSTED ON September 9, 2019  - POSTED IN Key Gold Headlines

China added another 5.91 tons of gold to its reserves in August, bringing its total official gold purchases on the year to almost 100 tons, according to data released by the People’s Bank of China over the weekend.

It was the ninth straight month of gold purchases for China as it continues efforts to diversify reserves away from the US dollar.

POSTED ON September 4, 2019  - POSTED IN Key Gold Headlines

Central banks continue to gobble up gold.  Globally, the world’s central banks added another net 13.9 tons of gold to their reserves in July.

While this was the lowest net increase in global central bank reserves since August 2017, the number was skewed downward by a significant gold sell-off by Uzbekistan. Gross purchases by the world’s central banks came in at 36.4 tons, according to the latest data released by the World Gold Council.

POSTED ON August 29, 2019  - POSTED IN Key Gold Headlines

During a recent interview on RT America, Peter Schiff said investors should stay away from the dollar, not only because of the looming recession, but because its days as a reserve currency could be numbered.

Is this just hyperbole, or could the US dollar really fall off its throne? America’s enemies would certainly like to see it happen. And increasingly, so would its friends.

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