Why Gold Will Continue to Shine in 2025 and Beyond

China Secretly Snaps Up More Gold, Positions for Its Greater Global Role

Repatriated Gold Reaches Historic Highs

Chinese Central Bank Just Secretly Bought 60 Tonnes of Gold

Europe Is Finalizing Preparations for a Gold Standard

Major Shift Revealed As Western Investors Suddenly Run to Gold

How France Secretly Repatriated All Its Gold Before Nixon's Dollar Devaluation

Nations in the mBridge Project Are Stockpiling Gold, Driving Up Prices: Asian countries that participate in the non-dollar international payments system mBridge, are all hoarding gold and have been largely responsible for the bull market of the past two years.

Bucking Gold Repatriation Trend, Argentina Sends More Gold to London: If Milei succeeds in getting Argentina’s finances in order, international debt can be repaid and foreign exchange can be used to unwind the gold swaps. If not, Argentina will surrender ownership of 36 tonnes of precious metal.

Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland: The Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market.

Argentinian Gold Reserves Arrive in London: In June the UK received a gold shipment worth $150 million dollars from Argentina. Most likely, the gold was sent by the central bank of Argentina (BCRA) to be used as collateral in the London Bullion Market.

PBoC Gold Conduit Revealed—Chinese Central Bank Did Not Stop Buying Gold in May: This article is an analysis of how the Chinese central bank (PBoC) buys gold in London from Western bullion banks. Because the bullion banks take care of the gold transport for the PBoC, the shipments from London to Beijing are disclosed in UK customs data. The customs data reveals that the PBoC continued to buy gold in May—when it communicated to the market it discontinued buying—at a rate of 53 tonnes. The PBoC st

Swaps, Leases, and Forwards—A Deep Dive into the Gold Wholesale Market: To gain a comprehensive understanding of the mechanics of the gold wholesale market, it's essential to be familiar with its key building blocks: swaps, leases, and forwards. In this article, we will explore these components and their interactions to be better equipped to evaluate developments in the gold market.

Thailand Joins China in Driving Gold Bull Market: Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation in the international monetary order. Possibly, trade in the East will settle through a system connecting local CBDCs, while any remaining imbalances are transferred in gold.

Gold Overtakes Euro in Global International Reserves: Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023 gold surpassed the euro and the next fiat currency to be challenged is the US dollar.

Exceptionally Strong PBoC and Chinese Private Sector Buying Continues to Boost Gold Price: Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. Most of the PBoC’s purchases are “unreported.” China continues to be the marginal buyer in the gold market, driving up the price. I expect that China will remain a robust buyer of gold going forward in support of the price.

Why We Are at the Start of a Multi-Year Gold Bull Market: Recently the dollar gold price aggressively broke a multiyear resistance level on the back of escalating wars, worrying asset bubbles, and sticky inflation. Long term indicators show gold is undervalued under these circumstances and can easily double in price over the coming years.

World Bank Report Highlights Advantage of Central Bank Gold Revaluation Accounts: Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve accounting and reference to my work.

China Has Taken Over Gold Price Control from the West: Exceptional strong gold demand from both the Chinese central bank and private sector has been driving up the gold price over the past two years, by which they have taken over control over the gold price from the West. The People’s Bank of China (PBoC) bought a record 735 tonnes of gold in 2023, of which about two thirds were purchased covertly. In addition, the private sector net imported 1,411 tonnes in 2023, and a whopping 228 tonnes just

Gold Wars: the US versus Europe During the Demise of Bretton Woods: After the collapse of Bretton Woods in 1971 several European central banks tried setting up a new gold pool to stabilize the price and move to a quasi gold standard. The US wanted to phase out gold from the system and enforce a dollar standard on the world.

Polish Central Bank Buys Gold According to Secret EU Plan: The Polish central bank has bought roughly 300 tonnes of gold in recent years to bring its gold to GDP ratio in line with the average in the eurozone. For medium and large economies in the eurozone, to which Poland might be included in the future, an equal monetary gold to GDP ratio is a covert requirement for nations to be prepared for a shift to a new gold standard. Based on these requirements I expect Poland to buy an additional 130 t

Dutch Central Bank Admits It Has Prepared for a New Gold Standard: In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the

How Central Banks Can Use Gold Revaluation Accounts in Times of Financial Stress: Because central banks are the root of the modern money tree, they can use entries in their gold revaluation accounts to turn into capital, pay for expenses, or transfer it to their respective Treasuries. In addition, gold revaluation accounts can be used to cancel government bonds held on central bank balance sheets to lower the public debt.

PBoC in a Hurry to Buy Gold: Covertly Bought 593t of Gold YTD: The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system. Based on information from industry sources and my personal calculations, total gold purchases by the Chinese central bank (reported and unreported) in Q3 accounted for 179 tonnes. Year-to-date the PBoC bought 593 tonnes, which is 80% more than what it bought in the first three

Gold Held Up Extremely Well in September Against Rising Real Rates: Despite the gold price declining for several months, its performance is extremely strong considering sharply rising real interest rates. To measure gold’s performance against real rates (TIPS yield) I’m introducing the “Gold Price–TIPS Model Tracker” to improve our understanding of how the