GOLD PRICES headed for their first weekly drop in 9 on Friday, but held onto a $25 rally from Wednesday’s 2-week lows despite the United States reporting much stronger-than-expected January jobs data as the coronavirus outbreak and lockdown in China saw the death of a whistleblower spark anger with the authorities on social media
Full Article →GOLD PRICES struggled to regain half of this week’s $40 losses in London on Thursday, trading below $1565 per ounce as world stock markets rose yet again despite a fast-worsening economic outlook amid the coronavirus outbreak spreading from China.
Full Article →GOLD INVESTING prices steadied above 3-week lows of $1550 in London trade Wednesday, rallying $6 per ounce as world stock markets surged for a second day after Chinese TV claimed scientists have developed an effective treatment for coronavirus.
Full Article →Central Bankers Try to Avert Coronavirus Crash
The emerging coronavirus pandemic is already crimping global commerce. In response, the S&P 500 has put in two weeks’ worth of declines since making new highs to start the year.
Full Article →Gold Down and Safe Havens Fall Despite China Virus
GOLD fell from 3-week highs, as risk sentiment recovered – and Western stock markets rallied despite plunge in Chinese equities as Beijing vowed to ensure financial stability amid coronavirus emergency.
Full Article →GOLD and SILVER PRICES rose trading at $1579 and $17.85 per ounce respectively as the WHO met to decide whether the coronavirus outbreak marks a global emergency and the Bank of England followed the US Fed in keeping its low-rate unchanged yet again
Full Article →“Going forward, gold is likely to continue benefiting from supportive central bank policies” forecasting an annual average gold price of $1515 per ounce – a rise of 9% from last year’s daily average – with a peak of $1650 to hit late in 2020.
Full Article →In Germany buying anything more than one and one-half troy ounces of gold will now activate customer ID paperwork, and for businesses – a criminal background check…
Full Article →GOLD eased back Tuesday, below yesterday’s new 7-year US Dollar highs at London’s benchmarking, as confirmed cases of the deadly coronavirus spread, Hong Kong closed its borders with mainland China.
Full Article →The 1964 Kennedy Half Dollar was met with tremendous success as many Americans wanted to save the coin as a memento. As a result, the Kennedy Half Dollar became one of the most successful half dollar coin programs in the history of the U.S. Mint.
Full Article →Why Palladium is on a Tear
Physical palladium and rhodium markets are buzzing with reported prices for both metals leaping higher in recent days. The story behind palladium’s move is that a physical shortage has developed in London…
Full Article →Will the U.S. Mint Stop Producing it’s Burnished Silver Eagles in 2021? Bullion.Directory precious metals guest post 27 January, 2020 By Nick Adamo President at Bullion Shark LLC The Burnished […]
Full Article →Gold Jumps to 3-Week Highs on China’s New Year Crisis
GOLD PRICES jumped 1% at the start of Asian trading before easing back on Monday as the Chinese coronavirus death-toll rose 81 with almost 3,000 confirmed sick.
Full Article →How Do I Know What My Rare Coin Collection is Worth? Bullion.Directory precious metals guest post 25 January, 2020 By Nick Adamo President at Bullion Shark LLC Many people inherit […]
Full Article →How to Protect My Rare Coin Collection
Your rare coin collection is something you should be proud of. It is likely part of your “nest egg.” You have spent some of your hard-earned money to build a unique and impressive coin collection, so it is important that you keep it safe.
Full Article →Ultimately it will be very easy,” Trump told Fox, “because if we can’t make a deal, we’ll have to put 25% tariffs on [European-made] cars.”
Full Article →Gold Prices Firm as ECB Seeks ‘Robust Inflation’ with Negative Rates, Deadly Virus Hits Chinese New Year Bullion.Directory precious metals analysis 23 January, 2020 By Adrian Ash Head of Research […]
Full Article →Hoard of American Silver Eagles Discovered at the U.S. Mint
In 2019, the United States Mint was doing their year-end audit and discovered a leftover inventory of 2016 Proof Silver Eagles that was not accounted for. 183,781 coins were found in what is now called “The West Point Mint Hoard.”
Full Article →Are Pre-1933 Gold Coins a Buy Right Now?
Years ago, premiums over spot gold were significantly higher than they are today. Premiums over spot for common date $20 Saint Gaudens, Gold Liberties, and Gold Indians were sometimes north of 20-30%. Now, they can be found for less than a 10% markup over spot.
Full Article →Already killing 17 and infecting 440 people in China, the coronavirus outbreak “is threatening to wreak havoc on Lunar New Year travel plans,” says the South China Morning Post, “at a time when many Chinese people journey to their hometowns for family reunions.
Full Article →Former Fed Head Says Government Can Borrow a LOT More
Narayana Kocherlakota, the former President of the Federal Reserve bank of Minneapolis wants you to know the Federal Government can never borrow too much money. How? By taxing the very people it owes the money to…
Full Article →Is U.S. Mint Setting Collectors Up for Silver Eagle Rarity?
Could we be looking at modern rarities in their infancies? Why are we seeing such low mintage Silver Eagles? The answer is simple. Many coin collectors are either buying less of each type of Silver Eagle or are only choosing to buy one over the other.
Full Article →Gold is up almost 20% over the last 365 days. Silver is up about 18%, platinum over 28%, palladium almost 82% and rhodium over 245%. It is interesting that the non-traditional precious metals are outperforming gold and silver – the last year has treated investors of bullion quite well.
Full Article →Is This The Next Modern Rarity?
With a total mintage of only 110,000 coins, the Silver Eagle from the Pride of Two Nations Set became one of the lowest mintage Silver Eagles of all time. It is no wonder why this set sold out completely a day of its release. However, it would soon be overshadowed by its sister coin…
Full Article →Precious Metals Set to Keep Powering Ahead
Precious metals got off to an explosive early start to 2020 as tensions between the U.S. and Iran drove safe-haven buying. The question for investors is whether the fundamental picture now looks promising or fleeting.
Full Article →Yes, China Is a Currency Manipulator…
The U.S. Treasury announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The timing was awfully convenient and besides, nobody actually believes China has stopped manipulating the value of its yuan versus the U.S. dollar.
Full Article →What if Gold and Silver Prices Followed Dungeons and Dragons Rules?
What are Dungeons and Dragons gold coins worth in our modern world? We answer the question literally nobody is asking and put it this way, it’s hardly worth going into the dungeon.
Full Article →Fight the Fed (and the Crooked Banks)
Market forecaster Martin Zweig famously warned investors against underestimating the power of the Federal Reserve Bank to control markets. He coined the phrase “Don’t fight the Fed” back in the 80’s. Precious metals investors are wondering if this is still good advice.
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