China is the largest producer. Gold production in 2021 is est. at 332 tonnes (Russia 330.9). There is reason to believe that, like official holdings, China reports this estimate much lower..
The two industry allies contemplate the approaching end of the COMEX’s confidence scheme, as investors wake up to widespread spoofing and join the mass exodus to fairer alternatives.
The value of a gold-backed currency for the general public is that gold controls the money. Bankers can’t print it at will. They can only print as much as they have gold to back …
This bill will not only increase inflation, it will also increase government spending and taxes. Inflation is the act of money creation by the Federal Reserve...
As the U.S. economy heads into recession, conventional stocks are vulnerable. Meanwhile, demand for safe-haven alternative assets combined with ongoing inflation pressures..
Steve's work reveals gold and silver are selling below their intrinsic value. When investors wake-up to the immense bargain opportunity, funds will flood into gold and silver investments.
$35 trillion. Yes, $35 trillion that is what has been estimated of global wealth destroyed in the first six months. Trouble is, a study shows that markets are still overvalued by almost another $35 trillion.
My firm lean at this time is that this is not THE rally in the precious metals complex and Monday’s low may not have been THE low. Again, only forthright and consistent work will answer the question.
