Russia

Collin Kettell sits down with newsletter writer David Skarica in the Bahamas to talk about the markets. David is known for his contrarian views, and his knowledge of investments, economics and the markets in general. David has identified “four major investment themes”, which he has translated into actionable trades. In this discussion, David shares his … Continue reading

The chart below from BusinessInsider.com shows this mystery country’s share of output for a number of commodities. Click the image to enlarge.

This chart is sourced from Casey Research, Ed Steer’s Gold and Silver Daily.  The Russian Central Bank purchased another 600k ozs of gold in October (some is purchased on the open market, some is purchased from internal mining production).  I think the message of this chart, combined with China’s demure announcement about accumulating a lot … Continue reading

Russia’s Central Bank reported purchasing 1.1 million ounces of gold in May.  This is a staggering 31.21 tonnes.  The chart below is from Richard Nachbar at http://www.coinexpert.com/: Separately, a member of the finance committee of China’s National People’s Congress has called on the Government to increase its holdings of precious metals and oil: “China should … Continue reading

Just in: Bloomberg posted an article that reports Central Banks expanded their gold holdings the most since 1964:  LINK Wonder what that means?  The world was on a fractional gold standard per Bretton Woods back then… Russia’s insatiable appetite for gold accumulation continues in April: (Chart courtesy of Richard Nachbar, http://www.coinexpert.com/ – click to enlarge) On … Continue reading

Fred Hickey of the High Tech Strategist newsletter fame gave a brutally honest interview with The Wall Street Cheat Sheet about the financial/economic condition of the United States and how China and Russia, two of the largest financiers of our Government, are protecting themselves from the reckless policies of Obama and Bernanke. Here’s is a … Continue reading