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An Overview of Rand Refinery and Their Bullion Products Founded in South Africa in 1920, Rand Refinery is a South African precious metals refinery that has been in business for more than 100 years. Since it opened, that has processed about 50,000 tonnes of gold. A variety of bullion items, including gold and silver…
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Category: Gold Bars
Why Should You Add Extra Gold to Your Portfolio? Why is China Growing Their Gold Reserves?
Why China Is Increasing Their Gold Reserves? China added an additional 8.09 tonnes of gold to its burgeoning stockpile in April, marking the sixth month in a row that the nation’s gold holdings have increased. The trend towards expansion is comparable to that of other international central banks, several of which have increased their gold…
The Rise of Central Banks Buying Gold at Record Pace in 2023
Since 2023, central banks around the globe have been progressively building up their gold holdings at a record rate. The shaky state of the world economy and soaring gold prices are to blame for this. The current gold bull market has been significantly fuelled by central bank gold purchases, which reached record levels in 2020…
The Gold Standard Restoration Act
In a previous newsletter we covered the difference between a gold and/or silver backed currency that is redeemable in those metals and one that is non-redeemable. We clearly highlighted the dangers of backing a paper or digital currency with precious metals or a variety of commodities and then subsequently NOT allowing the paper/digital currency to…
Gold Quietly Eyes All-Time-High
Gold Quietly Eyes All-Time-High While there were a few financial analysts that have been warning people of instability in the banking system ever since stimulus checks spurred unprecedented currency creation – most officials in government/finance have been reassuring the public that the banking system is strong. Even going back to this past Monday, President Joe…
