Hi,
Before we dive into the main topic of our weekly newsletter, we wanted to give an update on which Central Banks reported purchasing gold bullion through July, with August reports beginning to trickle out through September we can report on August releases in October. That said, the ultimate reason we wanted to highlight which Central…
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Category: Newsletter
Stock Market Tremor: What Happened?
By now you have likely been made aware that this past holiday Monday saw the worst stock market selloff since Black Monday in 1987. While this did happen 5 days ago, we wanted to wait to write about it until more information had come out and we had clearer insights into what exactly caused this…
The Silent Banking Crisis
The Global Cyber Outage and Its Far-Reaching Impact on Financial Systems and Precious Metals At this point, most Canadian citizens are likely aware of the massive cyber outage caused by a faulty driver sent out by the company CrowdStrike. Many found out hours after it happened, as reports began circulating in the early hours of…
Chinese Banks Vanish While Africa Talks Gold
Late last week, a prominent bank in China, Jiangxi Bank, filed for bankruptcy and collapsed. As expected, this caused Chinese citizens with deposits at that bank to rush to their nearest branch in the hopes of pulling out as much of their wealth as possible. Of course, our reader’s here at Au Bullion are well…
Precious Metals Are True Stores of Value
Ever since Bitcoin’s (BTC) release date on January 9th, 2009, shortly after the Great Financial Crisis of 2008, there have been a plethora of theories that have been thrown around as people began to speculate on what exactly this digital form of currency would come to be. There were some that felt it was the…
