The word on the street was that a hefty $13 price increase was coming, and many wanted to get their coins before prices rose. The news of a price increase isn’t wrong. It’s just that it won’t directly impact anyone except those people buying high-priced coins in specialty packaging directly from the U.S. Mint.
Full Article →From West Africa to Dubai: The New Gold Company That’s Busting Industry Myths and Taking the Responsible Path. Hemendra Ghaghada’s main focus is the sourcing of responsible gold from ethical sources for his Dubai based jewellery business – and it’s this important ethical element I’ll be focusing on – detailing just how this part of the industry is evolving
Full Article →GOLD and SILVER held onto yesterday’s gains in London trade Tuesday, consolidating as news of mergers and acquisition activity among mining companies continued to accelerate.
Full Article →Regulators in 30 different states recently joined together with the Commodities Futures Trading Commission and filed an unprecedented federal lawsuit and enforcement action against a company accused of operating a large-scale precious metals fraud scheme.
Full Article →Family company Hatton Garden Metals or HGM has been at the forefront of the Cash for Gold market for decades – but under guidance and strong leadership from these two young entrepreneurs HGM has made powerful strides into both the High Net Worth investment and the retail bullion markets.
Full Article →What Biden and Trump SHOULD Have Been Asked
Tuesday night’s presidential debate between Donald Trump and Joe Biden won’t go down as a great moment in the annals of American democracy. That much both camps, as well as independent observers of the chaotic spectacle, can agree upon.
Full Article →The Silver Price is Headed Towards All-Time Highs
In 1980, the U.S. bull run saw gold prices reach $850/oz and silver prices leap to $50/oz. But that was a relatively limited affair when you compare it to the global phenomenon that we bear witness to today.
Full Article →There is value in Scrap! Huge value in fact, so much that the scrap gold and silver industry has seen massive amounts of people benefit with selling their unwanted jewellery or old silverware at the highest prices the markets have ever seen!
Full Article →DOJ Soft On JPMorgan Chase Wrongdoers
Gold and silver investors may have little in common with Jeffrey Epstein’s teenage victims or violent “Black Lives Matter” rioters, but there is one issue upon which they might all agree. Our system of justice often fails
Full Article →Gold Down Fourth Day as Fed Urges Fiscal Stimulus
GOLD PRICES slipped for the 4th day running in London on Thursday, dipping through $1850 per ounce as the US Dollar rose, inflation expectations fell, and world stock markets extended yesterday’s plunge in New York.
Full Article →Gold & Silver Locked and Loaded – Don’t be Out of Ammo
In military terms, the phrase “locked and loaded” refers to “locking” a magazine or cartridge into a firearm and loading a round into the gun’s chamber. A variant is to “lock the safety” and then load a magazine into the weapon.
Full Article →Gold Rebounds as UK Readies Military Support for New Lockdown
GOLD PRICES held above $1900 per ounce Tuesday in London, rallying to $1916 from yesterday’s $70 plunge as world stock markets also bounced from a 4-day losing streak despite weak economic data and the tightening of social restrictions aimed at slowing the global ‘second wave’ of Covid-19.
Full Article →Beware These Faulty “Inflation Protected” Investments
The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign – specifically, the Fed aims to push the inflation rate above 2% for an extended period.
Full Article →‘Dovish’ Central Banks ‘Bullish for Gold’
GOLD BULLION recovered from 1-week lows against Dollar in Asian and London trade today, edging 0.4% higher from last Friday’s finish as global interest rates slipped and equities headed for 0.8% gains on the MSCI World Index after dovish policy comments.
Full Article →Pistol Pete: Old School Precious Metals Dealer
Peter Thomas – One Mans’s Journey From Silver Pit to Silver Screen – to Silver Shot. Once voted the most interesting man in the world, Pete has been in the business for 4 Decades and it looks like he is not leaving anytime soon.
Full Article →Will Markets Melt Down If No One Concedes the Election?
As pundits weigh in daily on who has the edge in this year’s political horse race, investors want to know how the election will affect their pocketbook.
Full Article →China Unloads Dollars as Gold Tests Support
Holders of low-yielding U.S. dollar-denominated debt instruments should be quite concerned about the prospect of losing purchasing power. The Chinese government apparently is.
Full Article →Gold Up in GBP as Brexit Crisis Scares Markets
GOLD PRICES slipped against a rising US Dollar Monday in London as the British Pound fell amid a new crisis in the UK’s Brexit negotiations, and traders looked ahead to this week’s monetary policy decision from the 19-nation European Central Bank.
Full Article →Fed Return to ‘Inflation Nation’ Could Increase Retirement Risk
Think of retirement savings like a football team: Making money is your offense and protecting your savings is your defense. Despite the potential for much higher price inflation (no matter how high it actually goes), gold and silver are looking good as potential hedges against the future of “Inflation Nation.”
Full Article →The Canadian Guy Who Builds Gold Refineries
Corey Kelly needs little by way of an introduction. Many of us in the precious metals industry know him personally, everyone else either knows of him or have heard the legends…
Full Article →Terrified Pension Funds Turn to Gold
The agency tasked with backing up pension programs, the Pension Benefit Guaranty Corporation, is itself underfunded and could quickly become insolvent in the event of a rise in pension failures.
Full Article →A very risky stock market and ballooning government debt should all keep investors close to gold, especially as the latter issue grows worse amid efforts to stimulate the economy in the wake of the pandemic
Full Article →How Will US Election Impact Bullion Markets?
SPOILER ALERT: Anyone who thinks Biden has a good shot at becoming president should definitely stock up now.
Full Article →The New ‘Red Peril’ Represents a Golden Opportunity
China may be actively swaying voters in the run up to November’s election – and they’re NOT pro-Trump. The Chinese Communist Party is playing a long game. Even as conflicts with the administration of President Donald Trump escalate on multiple fronts, Chinese officials are looking ahead to a post-Trump world order.
Full Article →Bullion Markets Catch Their Breath
After months of frenetic activity in the bullion markets, physical buying and selling slowed a bit last week. The respite, if it persists, could be welcome news for investors frustrated by scarcity and higher premiums.
Full Article →Gold Rises as Dollar Falls
GOLD PRICES gained this Monday lunch time as the dollar declined while global stocks rallied as the US Food and Drug Administration (FDA) approved a therapeutic treatment for Covid-19 patients and central bank speculation rose ahead of the Jackson Hole Symposium.
Full Article →The US FedCoin Takes Another Step Closer to Reality
How far in the future FedCoin will launch remains to be seen, but it sure seems like the U.S. is closer to the first major overhaul of the monetary system (and your private life) in decades.
Full Article →Buffett has been the dam, holding back the great flood of investment dollars into the gold bull market. As long as Buffett steered clear, the lemming institutional money managers would avoid the sector as well. The dam broke on Friday afternoon
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