Gold IRA GuidePosts tagged "gold reserve"

Tag: gold reserve

March 8, 2016

Canada Sold All Its Gold Reserves: That Could Prove to Be a Mistake

Canada has been selling its Gold reserves for decades so that fact alone does not surprise. What does surprise, however, is that it has sold almost all the remaining Gold coins in its coffers. In February Canada sold 28,851 ounces of Gold. It currently only...

by Gino D'Alessio

July 28, 2015

banks, general, Gold, Gold Info, In the news

China increases official gold reserves by 60%

Following nearly 6 years of radio silence, Chinese officials finally ended years of rampant speculation within the gold community by announcing the country’s official gold reserves increased by nearly 60% to 1,658 metric tons. With their recent announcement, China has become the fifth largest holder...

by Andre McCarthy

Last 3 Posts From Our Blog

What Are Precious Metals Backed ETFs?
There’s been a lot of talk about precious metals exchange-traded funds (ETFs) recently. With gold performing exceptionally well last year—rising from US$1,300 per ounce to above US$1,580 within 12 months—many investors are looking to increase their exposure to the yellow metal as a blue-chip hedge...
January 28, 2020
The Davos World Economic Forum is Over: Here’s What Investors Need to Know
Discussions of climate action failure, economic downturn in emerging markets, and an uncertain global trade environment took center stage at the 50th World Economic Forum (WEF) in Davos, Switzerland last week. Wedged into virtually every discussion was the US-China Phase One trade agreement, which experts...
January 27, 2020
World Economic Forum Reveals Growing Pessimism As IMF Cuts Growth Forecast
This past week saw the world financial, business, and technological elites and global powerbrokers meet in Davos, Switzerland for the 50th annual World Economic Forum week. The mood at the annual gathering was less than optimistic though. Just as the financial titans were gathering, the...
January 24, 2020