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  • A Russian coin dealer’s lessons on gold ownership

    What can the recent crash of the Russian ruble teach us about gold ownership? Dmitriy Balkovskiy, a Russian coin dealer in Moscow, has some insight. On December 16, 2014, a day deemed the “Russian Black Tuesday”, the ruble dropped from 58 to 72 per U.S. dollar. In an article for Casey Research, Balkovskiy recalls some incidents he witnessed that

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  • CNBC: Could Russia back its currency with gold?

    It’s no secret that Russia has been purchasing a lot of gold lately. Between July and September 2014, central banks throughout the world added a total of 92.8 tons of gold to their reserves, with Russia accounting for 59% of net purchases made during that time period. It has now surpassed China in the amount of gold held

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  • Video: What’s driving Russia’s gold buying spree?

    We recently wrote about Russia’s purchase of 1.2 million ounces of gold during the month of September, the country’s largest gold purchase in over 15 years. If you’re wondering what is behind this growing Russian appetite for gold, Newsy has produced a video offering an explanation. What’s driving Russia’s gold buying spree? Highlights from the video: One

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  • Russia makes largest gold purchase in over 15 years

    The Russian central bank has made headlines by purchasing a staggering 1.2 million ounces of gold in September, the country’s largest gold purchase in over 15 years. Analysts are noting that this could have a huge impact on global demand for gold, and that Russia may be attempting to send a message by publicly announcing such a large

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  • This Week in Gold: Indian Demand, Gold Reserves, Rocky, Baby Boomers

    This week in gold, American Bullion covered these four stories: Despite Gold Lows, Indian Demand High Ahead of Religious Festival Central Banks Increasing Gold Holdings CNBC Article: Gold is “kind of like the Rocky Balboa right now”  USA Today: Baby Boomer Retirees Face Big Money, Big Decisions The themes of this week’s stories were gold’s cultural importance, resilience

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