Barry Tyler - Monday, July 20, 2015
At last, China has officially announced it's gold holdings for the first time since 2009. The statement came out on Friday and shows that "officially" China now holds 1,660 tonnes of gold reserves, that's an increase of 604 tonnes since the last public disclosure six years ago. Given the huge volumes of gold passing through Hong Kong and Shanghai there is much speculation that the latest announcement has massively understated the true amount of physical gold that China has amassed o ..
Barry Tyler - Tuesday, June 16, 2015
Texas has just announced that it is going to build it's own gold bullion repository (I guess that's a big plain old fashioned safe to you and me) in which they plan to store up to one billion dollars of gold. Where will Texas get one billion dollars of gold you may ask? Well, from the Federal Reserve in New York by all accounts. It turns out that the state of Texas, for some strange reason, are worried about a currency crisis and in a snub to the Fed they clearly don't trust any ..
Barry Tyler - Thursday, May 28, 2015
I thought I was doing quite well with my steady acquisition of physical gold and silver (and by the way, if I have to write another email telling people the difference between physical metal and a piece of paper I will go nuts!). Then I read that Russia had bought another 300,000 ounces of gold in April bringing their total reserves to 40.1 million ounces. The Russian Central Bank clearly knows something.The news was still sinking in when news came in that China now has 200,000 peopl ..
Barry Tyler - Wednesday, May 13, 2015
You already know about the major lenders like the IMF, The World bank and the Asian Investment Bank. These lenders are all dominated by the United States of America. Domination of lenders, just like domination of the reserve currency with its vice like grip on the oil business, have given the US an unquestionable competitive advantage over every other country for the best part of 50 years. But now, the Chinese are muscling in and the Yuan is all set to become a global currency. T ..
Barry Tyler - Wednesday, April 22, 2015
Russia now has more gold than at any time in the last 22 years. In March it added another 30 metric tons to its gold stash bringing its total reserves to 1,238 metric tons. i also hear that gold imports in India are also expected to be nearly 90% higher this month following India's Central Bank easing on import limits. It must be wonderful to be able to legally manipulate a market in this way. If only you and I were allowed to do such a thing without facing imprisonment. Hey ho .... ..
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