Category Archives: Shanghai Gold Exchange

The People’s Bank of China Manipulates the SGE Gold Price

By Jan Nieuwenhuijs for Gainesville Coins …… By obstructing gold import and export, the People’s Bank of China (PBoC) greatly amplifies the gold premium or discount on the Shanghai Gold Exchange (SGE) relative to metal traded in London. In the past 12 months, the PBoC has restricted gold import to curb capital flight and defend […]

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Perth Mint Gold “Doping” Scandal Calls Senior Leadership Into Question

By Hubert Walker for CoinWeek …. A recent report on Australian TV has put the reputation of one of the world’s major mints–as well as the reputation of the entire international system of precious metals accreditation–in jeopardy. On Monday, March 6, an internal report from the Perth Mint was leaked to the Australian Broadcasting Corporation […]

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Problems with China and India Gold Statistics

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

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CoinWeek News Wire for September 15, 2017: Cash or Credit, Company Scrip, Gold Hold

By Coinweek …. CoinWeek News Wire for September 15, 2017: Brain Food 1.) Why the world has so many Guineas As colonisers carved up the continent, many European nations controlled their own Guinea. At independence, French Guinea became Guinea, Spanish Guinea became Equatorial Guinea, and Portuguese Guinea became Guinea-Bissau. The region was a major source […]

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CoinWeek News Wire for August 18, 2017: Missing Persons, Chinese Counterfeits, Bitcoin Boom

By Coinweek …. CoinWeek News Wire for August 18, 2017:  Urgent 1.) Walter Allan’s car found, but 84-year-old Numismatist still missing Allan’s family told police they last heard from him on July 18, when he told them he was heading to the 2017 convention of the Royal Canadian Numismatic Association (RCNA) in Boucherville, Qué., held […]

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U.S. Mint Releases Fort Knox Audit

By Everett Millman – Gainesville Coins ……. One of the most sensitive secrets protected by the Washington establishment is the massive cache of gold reserves held at the federal depository in Fort Knox, Kentucky. Locked Up Tighter Than Fort Knox According to official statistics, the United States holds far and away the largest gold reserves […]

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The Coin Analyst – The 2016 GOP Presidential Race and the Gold Standard

By Louis Golino for CoinWeek …. As happened four years ago when Ron Paul and other GOP presidential candidates came out in support of a new gold standard–it was even included in the 2012 GOP platform–several candidates have expressed support for the idea during the current GOP presidential race. Ted Cruz and the gold standard […]

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PAMP Suisse and Good Delivery: Profiles in Bullion

By Ron Drzewucki – www.moderncoinwholesale.com….. Not every nation has its own mint. Many do, but it’s a surprising minority of the world’s countries. Not quite as numerous as national mints but certainly more common than you might expect are the number of private mints and bullion manufacturers in the world. And they didn’t all spring […]

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