Gold Prices Erase Post-ISM Rally as US Jobs Data Beat Forecasts, Both for Gains and New Benefit Claims Bullion.Directory precious metals analysis 02 July, 2020 By Adrian Ash Head of […]
Full Article →The U.S. Mint, which has existed for 228 years, produces circulating coinage, bullion coins, numismatic coins and medals, is the nation’s sole manufacturer of legal tender coinage and the world’s largest coining facility.
Full Article →Part of the 2010 Dodd-Frank Act, the “Volcker Rule” was intended to prevent big banks from taking irresponsible risks. But in spite of an already-uncertain economy, regulators are now proposing to ease these rules…
Full Article →In a volatile trading environment for equities, a big move in one direction tends to beget a big move in the other. We’ve already seen a big move lower earlier this year – and a subsequent move higher that was nearly equal in magnitude.
Full Article →The Federal Reserve has printed trillions of dollars without generating runaway price inflation through the use of a neat trick. It’s quite the racket…
Full Article →As an investment, Gold can be hard to beat – but picking the wrong bullion dealer can cost you much more than time, money and stress. So how do you ensure you choose a dealer best suited to your needs?
Full Article →In another episode of “Strange 2020”, banks have become flush with deposits. But not in the way you might expect. In one month, deposits grew by $865 billion, which beat the record for an entire year
Full Article →GOLD PRICES rallied from $20 below yesterday’s new 8-year high near $1780 per ounce in US Dollar terms in Asian and London trade on Thursday, but edged higher against other major currencies as world stock markets extended Wednesday’s 2.6% drop in US equities.
Full Article →As if Social Security didn’t already have enough challenges ahead, we now have yet another complication. Not surprisingly, it’s a ripple effect from COVID-19. Before coronavirus hit the scene, experts agreed that if nothing was done, Social Security would be facing a 21% cut by 2035.
Full Article →The current phase of the gold bull market, which started last year, is – we believe – the third and final wave of the secular bull run tracking back to 2001. It’s going to create a tidal bore of immense size and power
Full Article →Gold prices have been trading within a well-defined $100 range over the past two months. Gold’s chart shows strong support at $1,675/oz and a zone of resistance at $1,750-$1,775. A breakout above the trading range could quickly send gold prices to $1,900/oz
Full Article →The national debt currently looks like a runaway freight train. Not only is it clocking in at $26.1 trillion at the moment, but it has made the jump of the last few trillion dollars fast… Really fast.
Full Article →Whereas previous financial crises were marked by a surge in bank failures, hardly any have gone under so far in 2020. The Federal Deposit Insurance Corporation (FDIC) reports that only 1% of FDIC-insured banks are on the “problem list” for financial weakness.
Full Article →CACHE Gold’s gold-backed crypto tokens are causing quite a stir – so in this interview with Brian Hankey CACHE’s Co-Founder, I look at what’s making this particular ERC-20 token so appealing to gold’s biggest fans
Full Article →Anyone who is planning to buy bullion and waiting for premiums to drop might want to grab the opportunity now in case prices soon zoom higher.
Full Article →Gold is a BUY as Second Covid19 Wave Hits Stocks
GOLD PRICES dropped Monday in London as European stock markets and crude oil tumbled amid widening reports that a second wave of the deadly novel coronavirus pandemic is taking hold.
Full Article →GOLD and SILVER PRICES edged back from 1-week highs in London trade Thursday, but kept half of last night’s 1.7% and 3.4% spikes against a falling US Dollar after the Federal Reserve gave a dire forecast for the world No.1 economy’s recovery from the Coronavirus pandemic and shutdowns.
Full Article →David J Mitchell: Investing During a Crisis
We’re in the grip of a severe deflationary collapse, widely predicted ahead of time. This has been an ongoing development and has been picking-up speed since the major cycle turn of December 2015. Hard data actually points to the major cycle turns between 2002 and 2003 when data…
Full Article →GOLD PRICES recovered more of last week’s 2.6% plunge in Asian and London trade Tuesday, rallying to what was a new 7.5-year Dollar high in April at $1715 per ounce as industrial commodities fell back, longer-term interest rates fell, and world stock markets retreated after Wall Street’s S&P500 index of US corporations rose back to New Year 2020’s level
Full Article →Though the proposed program remains popular with collectors, the bill never gained much support in Congress. Just before the year ended, the Congress passed the Law Enforcement Commemorative Coin Act and earlier in the year it passed the Christa McAuliffe Commemorative Coin Act.
Full Article →The price of silver dropped to $12.02/oz on March 18th and gold bottomed at $1,473/oz. The bullion banks – notorious for their concentrated short positions – might have made a killing. But that isn’t what happened…
Full Article →GOLD PRICES sank to 4-week lows at $1681 per ounce in London trade Friday, losing over $45 for the week as major government bond prices also fell, pushing interest rates higher, following a shock jump in the US government’s employment estimate.
Full Article →Just when it seemed as though we were on a path to reopening and gradually returning to normalcy… just when the prospects of panic-induced social unrest seemed to be behind us… America’s cities erupted into flames.
Full Article →GOLD and SILVER prices slipped and rallied in London trade Wednesday after the two precious metals’ largest New York-listed ETF investment trusts expanded for a 5th session running.
Full Article →Protests egged on by the legacy media quickly devolved into large-scale riots and looting over the weekend in more than a dozen U.S. cities. Some important institutions have betrayed the public trust, and Americans facing quarantine and staggering unemployment have arrived at the boiling point.
Full Article →GOLD PRICE gaps between London and New York whipped violently once more on Thursday, cutting what was a $100 premium for Comex futures contracts in March to a $10 discount per ounce as US warehouses continued to see fresh deliveries.
Full Article →The Virus, the economic lockdowns, and the multi-trillion-dollar rescue efforts of central bankers have dominated markets over the past three months – but as lockdowns gradually lift and the 2020 election draws nearer, investors will begin to focus more on political developments.
Full Article →Within 5 days of the assassination of President John F. Kennedy, U.S. Mint Director Eva Adams authorized work to begin on a new silver half dollar with a likeness of the slain president.
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