The 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...]
Today’s charts of the day examines US Mint gold eagle and silver eagle sales totals from 2008-2013.
The Japanese have lost 2 decades when priced in nominal terms…with relentless and never ending quantitative easing.
The 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.
With the financial MSM salivating over the fiscal cliff, today’s chart of the day brings a little perspective to the situation.
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 is an astonishing look at global gold jewellery/ coin demand…with the 


