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Several weeks ago, Russia announced a significant energy deal with China, a transaction considered by many as a response to Ukraine-based sanctions against Russia imposed by the West. Briefly, the agreement involves Russian natural gas supplier Gazprom delivering the equivalent of $400 Billion US in natural gas to China over the next several decades. Many […]

Originally Posted June 6, 2014 – What is FATCA? Officially known as the Foreign Account Tax Compliance Act, H.R. 2847 became law in March of 2010 but will take effect around the world on July 1, 2014. The ‘official’ goal of this law is to find offshore accounts held by U.S. taxpayers seeking to avoid […]

Originally Posted May 7, 2014 – One of the most frequent questions asked of us here at Jack Hunt’s involves the possibility of gold bullion confiscation by the US government, similar to what happened in 1933. To review, then president Franklin Roosevelt signed into law in April of 1933 an executive order banning private gold […]

Originally Posted Feb 5, 2014 – The following is simple assortment of gold related news items for your consideration. There is no theme among these points, although the demand for gold by the Chinese is a recurring topic. The increased demand for physical gold in Asia and the transfer of gold from west to east […]

Originally Posted Jan 6, 2014 – Looking back at 2013 what was the most significant story in precious metals? In my opinion it’s clearly China’s continued growth in its physical gold reserves following a trend that started in 2009..Here are the numbers. Combining mined and imported gold, China has accumulated almost 4300 metric tonnes of […]