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<h1 class="entry-title">Tag: World Reserve Currency</h1>
19 May
What is 1 oz of Gold Worth?

What is 1 oz. of Gold Worth?

The Price vs. the Value of Gold… What is the Difference? The value of gold is measured beyond the daily spot price. Right now, as you read this post, the live spot price of gold is  . You may have just calculated your gains or losses based on when you purchased your gold. While the price of […]

The Gold Market Discussion: 4/26/15: What if the Yuan Was Backed by Gold?

by Jim Clark April 24, 2015 Can 1.4 billion Chinese be wrong? Between 2008 and 2009 China doubled their reserve of gold bullion stock. In April of 2009, the Chinese Central Bank (The People’s Bank of China) reported gold holdings of 1,054 metric tonnes. Recently, Bloomberg Intelligence estimated China’s gold holdings at 3,510 metric tonnes, […]