Chart of the Day: GLD Inventory Exodus

gld-etf-volume-25-april-smallThe graph below shows that since the beginning of this year nearly 250 tons of gold from the vault removed is.   A reported volume of 250 tonnes of physical metal would be good for a 22nd place in the world ranking of countries and entities with the largest gold reserves, a place between the 280 tons of gold from Austria and 227.5 tons of Belgium. The chart below contains the data that the SPDR Gold Trust put daily on its website, along with a daily fixing of the gold price.

The exodus of gold from GLD inventories has continued, even as the price of gold has rebounded over the past 2 weeks.

Visual evidence of GLD’s draining inventory is below: [Read more...]

Chart(s) of the Day: US Mint Gold & Silver Sales 2008-2013

usmint-goldcoinsalesToday’s charts of the day examines US Mint gold eagle and silver eagle sales totals from 2008-2013.
Surprisingly, while ASE sales have increased the most on a percentage basis, it is US Mint gold eagle sales that are literally going parabolic.

MUST SEE US Mint Gold & Silver Eagle sales charts are below: [Read more...]

Chart of the Day: Japanese Nikkei Crash From 1984-2013…Priced in Gold

nikkei-gold-ratio-smallThe Japanese have lost 2 decades when priced in nominal terms…with relentless and never ending quantitative easing. 
When priced in real terms (gold)…forget about a return to 1/1 (Nikkei/oz) ratio that is often talked about…the Nikkei has crashed to a 1/1GRAM ratio!

Chart of the Day: Nikkei Index 1984-2013 Crash…Priced in Gold [Read more...]

Chart(s) of the Day: Russian Gold Reserves Up 5 Fold Since 2006

russian-gold-reserves-smallThe editor of Marketupdate, a Dutch website about gold, silver, currencies and the financial crisis has sent us 2 MUST SEE charts documenting Russia official accumulation of gold reserves from 1996-2012. 
It should not come as a surprise to SD readers that Russia’s official gold reserves are up nearly 5 fold in the past 6 years, from approximately 200 metric tons in 2006, to nearly 1,000 by the beginning of 2012. 

Russia’s accumulation also puts into crystal clear perspective the shocking totals the Chinese are accumulating, at nearly 1200 metric tons/YEAR!

Chart(s) of the day below: [Read more...]

Chart of the Day: Fiscal Cliff in Perspective

With the financial MSM salivating over the fiscal cliff, today’s chart of the day brings a little perspective to the situation. 
Obama’s proposed tax hike solution, compared to a visual of the true severity of the problem facing our country via unfunded liabilities.

MUST SEE. [Read more...]

Chart of the Day: US Per Capita Debt Now 35% Higher Than Greece

For over a year we have maintained here at SD that as the gov’t debt crisis accelerates and reaches the end game, the PIIGS will become F UK US PIIGS as France, the UK, and finally the US reach a solvency/ debt crisis on the same stage currently experienced by the southern European nations such as Greece.

Today’s Chart of the Day vividly drives this point home, as US per person debt is now an astonishing $53,378- a full 35% higher than that of Greece. [Read more...]

Chart of the Day: Global Gold Jewellery/Coin Demand-US Demand Non-Existant

Today’s chart of the day is an astonishing look at global gold jewellery/ coin demand…with the US demand literally not even registering on the chart vs. demand in India, Thailand, Hong Kong, and China. [Read more...]

Chart of the Day: Federal Minimum Wage in Gold

Today’s astonishing chart of the day graphs the US Federal minimum wage over the past 80 years….not based in fiat Federal Reserve notes…but based in real money: Gold.
The US minimum wage has declined 90% in REAL MONEY in just the last 40 years!! [Read more...]

Chart of the Day: Silver Manipulation

Today’s Chart of the Day examines global silver annual production, demand, and deficit since 1950.
How long can a massive supply deficit continue? [Read more...]