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Greece Citizens Buys Gold Coins

Stack of gold bullion displayed in a pile

European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro. Demand for gold coins and bars from European investors has increased significantly in the past month as the Greek crisis enters a new phase.  When people learned that the Greek banks will […]

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German Gold Demand

Graph displaying Germany gold demand

German Gold Demand is up 32% compared to 2014 first quarter demand, and it is followed by Switzerland at 13.8%, USA at 9.9% and the rest of Europe at 9%. Maybe Germans see the writing on the wall that it and all other countries can’t continue to […]

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Zimbabwe Pushes Gold Backed Currency

100 Hundred Trillion Dollars Zimbabwe note

THE central bank says the country must consider adopting a gold-backed Zimbabwean dollar warning that the US greenback’s days as the world’s reserve currency are numbered. Government ditched the Zimbabwe dollar in 2009 after it had been rendered worthless by record inflation levels and adopted multiple foreign […]

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Russia is Hoarding Gold

Russian President Putin holding gold bullion image

MOSCOW — The Central Bank of the Russian Federation announced this week on its website that in March, Russia bought approximately 30 tons of gold, bringing its total gold reserves to 1,238 metric tons. Russia is now the fifth-largest holder of gold reserves, according to the International […]

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Testimony For The Texas Gold Bill

Tesas legislature in session image

A bill is now working its way through the Texas legislature. SB 1245, sponsored by Senator Konni Burton, recognizing gold and silver as legal tender in the state of Texas. While there is certainly more to the gold standard than that, if Texas enacts this into law […]

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Greece Hoping To Avoid Collapse

Financial Collapse as front page news paper image

Greece Hoping To Avoid Collapse – A missed IMF payment would trigger panic. Greek banks are vulnerable , relying on emergency liquidity from the European Central Bank. A run on deposits and capital flight would most certainly follow, forcing the Government to impose capital control and temporaily […]

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World Production of Gold in 2014

Gold worker in a underground mine image

World Production of Gold in 2014 – As estimated by the USGS, world gold production increased again in 2014. It increased from 2800 to 2860 tons of gold, an increase of 2.1% (the increase was 1.6% on average since 1928). The world has never produced as much […]

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World Gold Council Advisory

Gold bullion image with chinese writing on it

(Reuters) – China should increase its gold holdings to around 5 percent of its total foreign exchange reserves to help diversify currency risks, the World Gold Council (WGC) said. China currently holds about 1.6 percent of its foreign exchange reserves in gold, which is relatively low compared […]

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World War II Emergency Notes

Hawaii $1 note image

World War II Emergency Notes, After the attack on Pearl Harbor the US military surmised the Japanese forces would have access to vast amounts of US currency if the island was taken over. January 1947 a military order was issued to recall all circulating US currency from the […]

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Obsolete Notes

Obsolute Alabama Bank note image

Obsolete Notes, From the early 1800’s until 1860s the United States Government issued very little federal notes. Obsolete Note is a term used to describe any State issued bank notes that are no longer redeemable at its face value. More than 3,000 State-Chartered banks issued notes in […]

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