By Patrick Heller
In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. This column was so popular that it was more widely linked at other websites than most of my articles
Category Archives: International Monetary Fund
Will Gold-Backed Currencies Be Revived?
By Everett Millman – Gainesville Coins …… It’s every goldbug’s favorite pipe dream: a return to some kind of gold standard that backs our money. Nothing remotely like a gold standard has been used anywhere in the world in almost 50 years. A true gold specie standard–the use of gold coins as money–hasn’t been in effect […]
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South Korean Mint Set Primer for Western Collectors
By Mark Lovmo for CoinWeek.com ….. The Bank of Korea (BOK) has sanctioned the release of yearly six-coin mint sets for the past three decades. Although various kinds of coin sets featuring South Korean coins can be found dating back to the 1970s, their connection to the Bank of Korea may be tenuous at […]
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Precious Metals & the World Economy – Russian Gold Reserves Grow
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces (15.55 […]
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Precious Metals & the World Economy – Russian Gold Reserves Grow
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces […]
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Central Bank of Ireland Governor Patrick Honohan Presentation on Irish Currency
By Patrick Honohan, Governor of the Central Bank of Ireland…. Currency Choices in Ireland Past and Present Introduction A certain nostalgia has recently been evident, south of the border, for the sterling link period before 1979, when Bank of England notes circulated alongside the Irish pound. But are those traditionalists looking at history through rose-tinted […]
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