Gold Smuggling to India & Japan is a Symptom of Governments’ War against Gold

By Torgny Persson the founder and CEO of BullionStar. Smuggle gold to India and Japan has become a lucrative business for many dealers and middlemen across Asia. It is widely known that demand for physical gold by Asian populations is insatiable. From the estimated held by India’s population to the […]

Poland joins Hungary with Huge Gold Purchase and Repatriation

By Ronan Manly at Bullion Star With a variety of the world’s central banks going on a gold buying spree in recent years such as Russia and China, there has unsurprisingly been no shortage of newsflow in this area for the world’s financial media to comment on. But even in […]

Poland joins Hungary with Huge Gold Purchase and Repatriation

The Polish central bank stuns the gold market with the announcement of a huge new purchase of 100 tonnes of gold over the first half of 2019. Powered by WPeMatico

How Much U.S. Currency is Held Overseas?

By JP Kroning Of the vast amount of US dollar currency banknotes circulating around the world, estimates suggest that the majority is held and circulates outside the USA. What is the U.S.’s greatest export? Banknotes. There is probably no other product for which the balance of trade is so tilted […]

Mahathir’s Gold-backed Currency – Loose Talk or pan-Asian Plan?

The recent proposal by Mahathir to launch a gold-backed Asian currency is good in theory, but is this just loose talk from Malaysia’s prime minister? Powered by WPeMatico

What is Money? | BullionStar

For something used every day by billions of people around the world, the subject of money is surprising little discussed and remains widely misunderstood. What is money? Although it might seem a straight-forward question, ‘what is money’ is a question which will return a wide variety of answers depending on […]

The Fifth Wave: A new Central Bank Gold Agreement?

By Ronan Manly For practically twenty years now since September 1999, a cartel of central banks in Europe have been running a coordinated scheme in the gold market. Officially known as the Central Bank Gold Agreements (CBGAs), the agreements have taken the shape of rolling five-year periods (CBGA1, CBGA2, CBGA3 […]

Gold Price Breakout in Multiple Currencies

By Ronan Manly The gold price is now making new multi-year highs and all time highs in many leading fiat currencies, with the US dollar gold price also breaking out. You can read the whole article at https://www.bullionstar.com/blogs/ronan-manly/gold-price-breakout-in-multiple-currencies/ Powered by WPeMatico

BullionStar Cash & Bullion Account – Better than a Singapore Bank Account!

BullionStar Cash & Bullion Account ?Hold cash or use funds to buy Gold & Silver Coins and Bars?Alternative to Singapore Bank Account. Powered by WPeMatico

The Puzzle of Electrum Coins

By JP Koning – June 8, 2019 – at https://www.bullionstar.com/blogs/jp-koning/the-puzzle-of-electrum-coins/ For several years Brits have been hearing rumours that their 1p and 2p coins were on the cusp of being discontinued. Not so. Last month the UK Treasury announced its commitment to both coins. The 1 and 2p coins will […]

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Still Firing on all Cylinders: China’s Physical Gold Market

By Ronan Manly While headlines may be on the Sino-US trade war, China’s gold market continues to fire on all cylinders, with physical gold continuing to flow into, and through, the world’s largest gold hub. Year-to-date, Chinese wholesale gold demand is on a par with recent years, Chinese central bank […]

Pay-to-Play: LBMA shows contempt for the wider Gold and Silver markets

As the LBMA hides gold and silver trading data behind a paywall, this further torpedoes market transparency and undermines Fair and Efficient Markets. Exactly six months ago, the London Bullion Market Association (LBMA) began weekly publication of rolled up trade volume data for the London and Zurich gold and silver […]

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London’s annual Platinum Week: A showcase for the White Precious Metal

London’s annual Platinum Week held every May sees the world’s platinum sector come together for discussions on the outlook of the platinum market. Powered by WPeMatico

The only gold the US shows – A working vault at West Point

By Ronan Manly  at https://www.bullionstar.com/blogs/ronan-manly/the-only-gold-the-us-shows-a-working-vault-at-west-point/ The media’s visits to the West Point bullion depository only ever include a working vault of gold bars while completely ignoring any deep storage gold. Every so often, US media coverage provides glimpses into the US Treasury’s gold reserves stored with the US Mint . […]

The Case for Central Banks holding Gold and other Assets

Central banks hold too much national government debt in their portfolios. They should diversify into other assets including foreign securities and gold. Powered by WPeMatico

Curse of the London Gold Fix strikes again as SocGen abandons ship

By Ronan Manly – May 6, 2019 News last week from the LBMA that French bank Societe Generale (SocGen) has resigned as a market maker for gold and silver continues an exodus from the London bullion markets that has included such former heavyweight bullion banks as Barclays, Deutsche Bank, Mitsui […]

The vast gold hoards held by Germany’s population

The German public hold a staggering 8900 tonnes of gold, the majority of which is investment gold in the form of gold bars and gold coins. Powered by WPeMatico

When Politicians and Central Banks clash

By Roman  Manly at BullionStar When Politicians and Central Banks Clash – The Gold of Romania and Italy Central bank gold holdings are rarely out of the news these days, from continued gold accumulation by Russia and China, to secretive gold sales by the central bank of Venezuela. But beyond […]

When Politicians and Central Banks clash – the Gold of Romania and Italy

Governments in Europe are increasingly coming into conflict with their central banks on key questions of ownership and storage of national gold reserves. Powered by WPeMatico

Where did all the silver coins go?

By JP Kroning – April 9, 2019 In times past, small denomination coins were made of silver. The U.S. quarter dollar, for instance, once contained 90% silver, which meant that each quarter had 5.6 grams of precious metals. But in 1965 the U.S. Mint stopped issuing coins with silver in […]