Bank of Japan
You know it’s bad when Goldman Sucks says you are losing credibility and that is what they are saying about the Bank of Japan over their monetary policy. This is what happens when the Bank of Japan buys over 100% of issuance from the Japanese Ministry of Finance.
German Gold Repatriation
Officials at Bundesbank said that thy have stepped up the repatriation of its gold reserves. In 2014, they have repatriated 120 tons of gold – of which 85 came from the New York Fed. That leaves over 1,300 tons they have to get from the Fed. So, what country with gold will the U.S. invade next? India?
The U.S. Mint just updated its Silver Eagle sales on its website showing that for January, so far, silver eagles sales are over 4.65 million. Currently, the Silver-to-Gold…
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