SRSrocco

Articles by SRSrocco

Since 2011, the United States exported the majority of its gold to only four countries. In the past five years, the U.S. exported a total of 1,961 metric tons (mt) of gold to these four countries, which accounted for 68% of the total 2,876...
The Death of the paper gold market picked up speed today as Blackrock announced that issuance of new Gold IAU ETF shares was suspended. However, it’s much worse than the information in news release when we factor in the total supply and...
There’s been a significant trend change in the gold market and it has the Western Central Banks worried. Before the collapse of the U.S. Investment Banking system in 2008, annual net physical gold investment was negligible. However, the...
The US suffered another sizable gold supply deficit in 2015. Matter a fact, the deficit was 50% larger than in 2014. In 2015, total US gold demand was 118 metric tons (mt) higher than total supply versus 77 mt in 2014.
The markets have finally cracked and things are about to become a lot more interesting. Today, the price of gold surged more than $60 and silver $0.60 as the markets crumbled. Even though the markets recovered after some TWO-BIT...
Looks like something big is about to take place on the Comex as Registered Gold inventories declined a whopping 73% in one day. This is a very suprising update as Comex Gold inventories haven’t experienced much movement over the past few...
The price of Gold breached R 18,000/oz for the first time ever on the 11th of January 2016 in South Africa (R = Rand). It is currently standing on R 18,239/oz. Let’s take a look at the price of Gold in South African Rands (ZAR) over the...
There have been some recent changes on the COMEX in response to the Bankers “War on Cash.” Last year, Chase Bank in the U.S. advised its clients who rent safe deposit boxes there would be some policy changes. Some of these changes had to...
If we look around the majority of the market today, not much is up besides gold and silver. Not only is the Dow Jones down big time, so are the S&P500 and NASDAQ. Hell, even oil is lower by more than 2%. What we have here is gold...
The market price of gold would be considerably higher if it wasn’t for the massive stock dilution and debt in the gold mining industry. Basically, the gold mining industry issued billions of new shares and debt to help replace production...

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24 karat gold is pure elemental gold.