According to data reported by Bloomberg and compiled by Al Banyan Tree Research, retail gold purchases in Russia are expected to exceed 60 tonnes this year, bringing total household accumulation since ...
Despite recent weakness in gold and silver, the early indications are that the current consolidation phase is unlikely to last long before prices resume their uptrend.
Gold swaps undertaken by the Bank for International Settlements, a major gold broker for central banks, increased 24 tonnes to in September, from 30 tonnes to 54, GATA's consultant on the bank, Robert ...
China Mineral Resources Group issued a directive on September 30 of this year to suspend dollar-denominated purchases from BHP, disrupting shipments and triggering market uncertainty. The dispute ...
The Reserve Bank of India brought back nearly 64 tons of gold in the first six months of the financial year that began in April, it said in a half-yearly report on foreign exchange reserves Tuesday.
Russian consumers' gold purchases are set to equal the state reserves of Spain or Austria after the metal has become ...
It was cited by a headline at Bloomberg News: "Bessent: Gold price rising has helped U.S. substantially" As you know, the U.S. dollar has not been connected to the gold price since 1971 and the U.S.
Of course that's not the half of it. The more important aspect of the issue is that mainstream financial journalists, including Bloomberg's, rarely if ever inquire about what central banks and their ...
In fact, since the abandonment of Bretton Woods 54 years ago, the dollar has lost 99.2% of its purchasing power, measured in gold, which is legal money in common law. It is gold that is stable over ...
South Korea's central bank is weighing plans to add to its gold reserves for the first time in more than a decade, potentially joining a wave of purchases by monetary authorities around the world that ...
China's overseas lending in renminbi is soaring as Beijing steps up its efforts to expand the currency's role in international finance and reduce the country's exposure to the U.S. dollar.
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for ...
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