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![](http://www.24hgold.com/24hpmdata/photoauteurs/David_Morgan.jpg) | David Morgan - Silver Investor |
Correcting Antal Fekete's Historical Silver Errors ![](../style/all/img/articles/Large_3.png) |
In "The Double Whammy of Geopolitical Gold Games reposted in February 2013
(from January 31, 2008) by Antal
Fekete he stated some errors of fact! Marco Polo, guide us on this excursion
to China! Bruce Lee, help our reflexes to be as fast as yours! May we not be
slap happy like Jackie Chan! Wo Fat, do not mislead us! Antal mentioned China's
silver money system going back to the 16th century, then stated"
"CHINA'S EXTERNAL TRADE WAS INSIGNIFICWednesday, February 24, 2021 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/afekete.jpg) | Antal E. Fekete - Gold University |
Silver and Opium ![](../style/all/img/articles/Large_4.png) |
From the mid-17th century more than 9 billion Troy ounces or 290 thousand metric tons of silver was absorbed by China from European countries in exchange for Chinese goods. The British introduced opium along with tobacco as an export item to ChinaSaturday, February 6, 2021 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/mike_maloney.jpg) | Mike Maloney - Goldsilver |
Common Gold Silver Pitfalls to Avoid ![](../style/all/img/articles/Large_5.png) |
Investing in gold and silver may seem simple and straightforward, however it is not.
There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid.
Gold and silver dealers are no different from any other industry or crowd of people.
Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal.
Being the Managing Director ofMonday, November 16, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/richard_mills_bull.png) | Richard Mills - Aheadoftheherd |
The Crime Against Silver ![](../style/all/img/articles/Large_5.png) |
In 1873, the Fourth Coinage Act was enacted by the US Congress. Western silver miners labeled this measure the "Crime of '73" because it stopped the printing of US silver dollars. The US had, unofficially, abandoned its bimetallic standard in favor of a monometallic one – gold.Saturday, August 8, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Mike_Hewitt.jpg) | Mike Hewitt - Dollar Daze |
Hyperinflation around the Globe ![](../style/all/img/articles/Large_5.png) |
Angola (1991-1999)
Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.Wednesday, April 15, 2020 |
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| Australia's Gold - Goldoz |
Bits of Australia’s Gold history |
Although gold had been rumoured to have been found in Australia as early as 1814, the first gold fields did not appear until thirty years later. Gold discoveries were not considered blessings in the pre 1850’s Australian convict society as the authorities believed gold fever could potentially cause anarchy in the small fledgling British colonies.Sunday, April 5, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/adrian_Ash.jpg) | Adrian Ash - Bullion Vault |
10 Years of 4-Figure Gold |
Spot gold prices first broke $1000 per ounce 14 March 2008...
IN FACT the world's first ever $1000 gold deal had happened the day before,
writes Adrian Ash at BullionVault.
Thursday 13 March 2008 – a day earlier than the wholesale 'spot' gold price finally popped above $1000 per ounce – saw a customer of BullionVault offer the five ounces of gold he held in secure, insurThursday, March 15, 2018 |
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| SRSrocco - SRSRocco Report |
The Amazing Amount of Gold The U.S. Exported Since 2000 |
The U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.While the U.S. exported nearly 8,000 metric tons (mt) of gold since 2001, it also imported a great deal asSunday, March 11, 2018 |
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| BullionStar - Bullion Star |
BullionStar Wins First Place in Bullion Directory’s 2018 Awards |
BullionStar has won Best Bullion Dealer "Rest of World" in the 2018 Bullion Directory bullion dealer Awards.
Bullion Directory is an online directory which lists over one thousand bullion dealers across the world. Each year, Bullion Directory runs its global awards competition where winners are decided by the voting public.
BullionStar secured the Bullion Directory award after being shortlisted during a first round of voting whose results were announced on 18 December last. The main vote then raSunday, March 11, 2018 |
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![](http://www.24hgold.com/24hpmdata/PhotoAuteurs/Alasdair_Mcleod.jpg) | Alasdair Macleod - Finance and Eco. |
Trade Wars |
An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice.The back story appears to be far deeper than some relatively minor tariffs on steel and aluminium would suggest. It comes after a prolonged period of shadow-boxing between America in the blue corner and Russia Friday, March 9, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Chris_Powell.jpg) | Chris Powell - GATA |
Ambrose Evans-Pritchard: Warnings of financial blowup in Hong Kong |
Hong Kong's currency regime is coming under serious strain as the U.S. Federal Reserve steps up the pace of monetary tightening, threatening to set off an unpredictable chain of events in the world's most overstretched financial system.
The enclave's U.S. dollar peg -- usually rock solid -- has suddenly become the focus of global markets after the currency fell last week to its lowest level since the current trading band was established in 2005. Analysts say the authorities may soon be compelledMonday, March 5, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Nelson_Hultberg.jpg) | Nelson Hultberg - AFR.org |
Pod People and the Matrix |
The two greatest science fiction movies of the 20th century are Invasion of the Body Snatchers (1956) and The Matrix (1999). Both are seminal cinematic efforts that portray big ideological truths about the dangers of modernity and tyranny, and they do so with relentless hammer blows of frightful eeriness.
The Pod People
Invasion of the Body Snatchers involves an extraterrestrial invasion in which mysterious plant spores have settled onto earth and then hatch into sinister leafy pods that migratSunday, March 4, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Mark_O_Byrne.jpg) | Mark O'Byrne - gold.ie |
Gold Corridor From Dubai to China Sought By China |
– Gold corridor from Dubai to China sought by Chinese Gold & Silver Exchange Society– New Asian gold trading corridor could boost demand for 1 kg gold bars– Should increase turnover for yuan-denominated gold coins and bars – President
– Secure supplies of physical gold from Middle East and Asia for China
– China positioning itself as leading gold trading and owning nation
by
The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and DubTuesday, February 27, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Chris_Powell.jpg) | Chris Powell - GATA |
Hong Kong exchange wants gold trading corridor along 'Belt and Road' |
The Chinese Gold & Silver Exchange Society, Hong Kong's gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China's Belt and Road Initiative, according to its president Haywood Cheung Tak-hay.
The gold commodity corridor could be formed by establishing an integrated infrastructure network by using Hong Kong as a base, and connect the proposed bonded warehouse in Qianhai with commercial users and precious mTuesday, February 27, 2018 |
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| Bullion Vault |
Gold Bullion Hits Worst 1-Week Dollar Price Drop of 2018, Turkey-US Tensions Worsen in Syria |
GOLD PRICES in the global wholesale center of London headed for the steepest 1-week drop of 2018 so far on Friday, holding a 1.7% loss against a stronger US Dollar as major government bond prices edged higher again from this month's sharp sell-off, nudging interest rates down.
Failing to set a 4-year weekly closing high last Friday above $1354, gold prices today held around $1329 per ounce as the US Dollar retained most of this week's rally on tSaturday, February 24, 2018 |
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| Bullion Vault |
Gold Bullion Steadies from Fed Minutes Fall, Banks Tip Commodities vs. Inflation |
GOLD BULLION rallied just $3 off a 1-week low versus the rebounding Dollar on Thursday as world stock markets fell after notes from the Federal Reserve showed the US central bank expects to keep raising its key interest rate in 2018.
China's stock market opened sharply higher on the first trading day of the new Year of the Dog, but Hong Kong fell hard with the rest of Asia.
Shanghai's gold markeFriday, February 23, 2018 |
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| Bullion Vault |
Gold Prices 'Hit by Deep Link' to Real Yields But 'Should Gain' on Inflation |
GOLD PRICES struggled to recover from yesterday's sharp drop against the rallying US Dollar in London on Wednesday, halving last week's 2.2% gain as world stock markets fell, bond prices steadied and commodities edged higher.
Retreating 2.6% from last Friday's 3-week high at $1361 per ounce, the
gold price in Dollar terms has now cut its 2018 gains to date to just 2.2%.
Priced in EuWednesday, February 21, 2018 |
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| Bullion Vault |
Gold Price Gains vs Falling Dollar as Trump's 'Desolation' Budget Leaves GLD Investors Cold |
GOLD PRICES rallied again versus the weakening Dollar in London trade on Tuesday, briefly touching $1330 per ounce as the US currency extended its losses after President Trump sent his 2019 fiscal plan to Congress for approval.
"After so stupidly spending $7 trillion in the Middle East, it is now time to start
investing in OUR Country!" tweeted Trump on Monday.
With the US militaryTuesday, February 13, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/nathan_lewis.jpg) | Nathan Lewis - New World Economics |
“Rules-Based” Monetary Proposals Won’t Create S... |
(This item originally appeared at Forbes.com on February 9, 2018.)
https://www.forbes.com/sites/nathanlewis/2018/02/09/rules-based-monetary-proposals-wont-create-stable-money/#4b822c96128e
I often say that governments should follow the “Magic Formula,” which is: Low Taxes and Stable Money. Good things happen to governments that do this, and bad things happen to those that don’t.
“Stable Money” means: money that is stable in value. The traditional way to accomplish this is to link currencies to gMonday, February 12, 2018 |
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| Bullion Vault |
Gold Prices Steady Ex-Dollar Amid 'Correction, Not Crash' in World Stocks, 2017 Coin and Bar Demand Weakest Since '09 |
GOLD PRICES fell $10 per ounce against a resurgent US Dollar on Tuesday in London, erasing this week's earlier gain as world stock market sank for a third session running.
Solid gold
trading in Shanghai – where the Chinese stock market today sank over 3% – saw global quotes rise to $1345, with Tuesday's benchmark price in the No.1 consumer nation edging higher in Yuan terms.
Barely Tuesday, February 6, 2018 |
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