Tag Archive: gold reserves

Annual Mine Supply of Gold: Does it Matter?

2018-08-21

Cumulative Global Gold Production: 1835 to present day.

The topic of how much extractable gold is left in the world has become increasingly discussed within the last few years. This is because of increased focus on ‘peak gold’ and also a concern about remaining levels of unextracted gold reserves. Peak gold is a term referring to the phenomenon of annual gold mining supply peaking (i.e. the rate of gold extraction increases until it peaks at maximum gold output and subsequently diminishes).

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Turkey and Russia Highlight Gold’s Role as a Strategically Important Asset

2018-05-03

by Ronan Manly

2018-05-03

US Federal Reserve Bank Gold Holdings, Mar 2016 - 2018

On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS). The source of the Ahval report was a Turkish language article from the popular Hürriyet newspaper in Turkey.

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Ron Paul: Will The Swiss Vote to Get Their Gold Back?

For anybody complaining about gold that caused the big loss of the Swiss National Bank. Since 2000, the total SNB profit was 32.1 bln. CHF, of which 24.6 billion came from gold.

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The Collapse of the Bretton Woods System, the German Current Account and Gold Reserves

Gold and FX Reserves US, Germany, Switzerland, UK, Japan 1950-1970 vs. German Gold

German, Swiss and Japanese gold reserves rose continously in the Bretton Woods system, whereas American and British reserves fell.

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Correlations Between the Swiss Franc, Gold and the German Economy

2012-12-21

by George Dorgan

2012-12-21

In yesterday’s post we focused on several economic events that weakened the position of the Swiss National Bank (SNB). In this extended replacement post, we give several reasons for recent movements in the gold price and explain the correlation between German economic data, gold and the Swiss franc. IFO data shows that Germany will not …

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SNB Losses: 1.85 Billion Francs in Just One Day, 231 Francs, 250$ per Inhabitant

2012-12-18

by George Dorgan

2012-12-18

After the disappointing US current account data, traders have realized which countries have strong trade balances, namely Germany and Switzerland (see here for our details on the ever rising Swiss trade surplus), additionally fueled the good German IFO data. Both the euro and the Swissie strongly rose against the dollar. Due to Abe’s pressure on the …

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The Secret Return to the Global Gold Standard

2012-11-06

by George Dorgan

2012-11-06

Central banks are buying masses of gold reserves. If this game continues we will end up again in the global gold standard. MktGeist Blog

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IMF Data: SNB Forex Reserves and Gold in September 2012

2012-10-12

by George Dorgan

2012-10-12

This link on the SNB website shows the data the central bank provides to the International Monetary Fund (IMF). It shows the SNB Forex and gold reserves in the last month. It is so-called “IMF Special Data Dissemination Standard (SNB Data)” It is released together with the international investment position, some monetary aggregates and the balance of payments two weeks after …

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