March 9, 2015 - By Barbara Hollingsworth CNS news.com (CNSNews.com) -- The U.S. has a $210 trillion “fiscal gap” and “may well be in worse fiscal shape than any developed country, including Greece,” Boston University economist Laurence Kotlikoff told members of the Senate Budget Committee in … [Read more...] about Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than Greece
Chinese Gold Demand Pushes Price Up, Plans Yuan-Denominated Gold Fix This Year, Trade Volume Up Near 60% On Year To 18,486 mt
China’s spot Gold trade volume up near 60% on year to 18,486 mt China’s spot gold trading volume in 2014 hit 18,486 mt, up almost 60% from 11,600 mt traded in 2013, the Bureau of Trade said in a report on its website Thursday, February 26. The rise was attributed to growing gold output in China, … [Read more...] about Chinese Gold Demand Pushes Price Up, Plans Yuan-Denominated Gold Fix This Year, Trade Volume Up Near 60% On Year To 18,486 mt
“De-Dollarization” Deepens: Russia Buys Most Gold In Six Months, Continues Selling US Treasuries
Submitted by Tyler Durden on 01/18/2015 21:40 -0500 The rumors of Russia selling its gold reserves, it is now clear, were greatly exaggerated as not only did Putin not sell, Russian gold reserves rose by their largest amount in six months in December to just over $46 billion (near the highest since … [Read more...] about “De-Dollarization” Deepens: Russia Buys Most Gold In Six Months, Continues Selling US Treasuries