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Stack's Bowers and Ponterio is pleased to announce that Frederick Yow has joined the staff as Consignment Director based in Singapore and will be serving clients in Singapore, Malaysia, Brunei, and Indonesia as well as greater Asia. Stack's Bowers and Ponterio is the leading rare coin and banknote auction firm in Asia, with landmark auction events held in Hong Kong several times a year. Frederick will focus on gathering consignments, cataloging and representing Stack's Bowers and Ponterio in Southeast Asia. It is with great pleasure and excitement that I welcome Frederick to our already industry-leading team in Asia,” stated Brian [...]

Stack's Bowers and Ponterio is pleased to announce that Frederick Yow has joined the staff as Consignment Director based in Singapore and will be serving clients in Singapore, Malaysia, Brunei, and Indonesia as well as greater Asia. Stack's Bowers and Ponterio is the leading rare coin and banknote auction firm in Asia, with landmark auction events held in Hong Kong several times a year. Frederick will focus on gathering consignments, cataloging and representing Stack's Bowers and Ponterio in Southeast Asia. It is with great pleasure and excitement that I welcome Frederick to our already industry-leading team in Asia,” stated Brian [...]

Year-end rate hike once again proves to be launchpad for gold price – FOMC follows through on much anticipated rate-hike of 0.25% – Spot gold responds by heading for biggest gain in three weeks, rising by over 1% – Final meeting for Federal Reserve Chair Janet Yellen – Yellen does not expect Trump's tax-cut package to result in significant, strong growth for US economy – No concern for bitcoin which 'plays a very small role in the payment system' There were few surprises yesterday when the Federal Reserve decided to hike rates for the third time this year, by 0.25% [...]

Santacruz Silver Mining (TSX.V:SCZ) (the “Company” or “Santacruz”) announces that it has reached agreement with the Contracuña group of companies (“Contracuña”) to amend the terms of the Option Agreement (see press release dated June 21, 2017) to acquire 100% ownership of the Veta Grande Project, including the Veta Grande mine and milling facility as well as the Minillas property located in Zacatecas, Mexico. Arturo Préstamo, President and CEO of Santacruz, said: “The Zacatecas Mineral Assets represent one of the largest and most historically important land packages within Mexico's Zacatecas silver belt and we are very pleased to have reached this agreement [...]

Precious metals have taken a pre-holiday beating since Thanksgiving, with gold falling to nearly the $1,250 level and silver below $16. Silver is now negative for the year, down seven-tenths of a percent since January 1. Gold, however, is holding on to a year-to-date profit position, still up nearly 9%. In percentage terms Since Thanksgiving, silver is down 7.5% and gold is down 3%. One of the traditional measurements of precious metals is the gold to silver ratio, which sits at 79.3. People also like to measure gold in terms of the Dow Jones Industrial Average, which currently sits at [...]

Precious metals have taken a pre-holiday beating since Thanksgiving, with gold falling to nearly the $1,250 level and silver below $16. Silver is now negative for the year, down seven-tenths of a percent since January 1. Gold, however, is holding on to a year-to-date profit position, still up nearly 9%. In percentage terms Since Thanksgiving, silver is down 7.5% and gold is down 3%. One of the traditional measurements of precious metals is the gold to silver ratio, which sits at 79.3. People also like to measure gold in terms of the Dow Jones Industrial Average, which currently sits at [...]

The silver price traded between about $15 and $18 per ounce in 2017, leaving some market watchers hoping for better price action in 2018. Even so, investors remained interested in silver in 2017. Our most popular silver news stories of the year show that investors were keen to learn more from experts about what makes the white metal a compelling investment. Read on to see what  silver news stories grabbed the attention of our investor audience this year. You can also click here for our review of 2017 silver trends and here for our 2018 silver outlook.  The Silver Price is Expected to [...]

UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall  – UK inflation hits 3.1%, highest in nearly six years – UK earnings flat – households are still suffering falling real wages – Stagflation risk as food and drink prices jumped 4.1% in 12 months – UK house prices fall two-months in a row, down 0.5% in October – Real stagflation risk now, inflation high and growth slowing – Savings continue to be eaten by inflation  It was just two years ago that Mark Carney was writing his fourth letter to the British Chancellor, explaining why the country was [...]

Dick Osburn and Brian Cushing announce the release of their new book on Liberty Seated Dollars. “Liberty Seated Dollars-A Register of Die Varieties”, will be formally released at the Florida United Numismatists (FUN) winter convention in Tampa, Florida. Dick and Brian will be signing the book at their table-Osburn–Cushing Rare Coins, Table 535. Dick and Brian are two of the top Liberty Seated specialists in the country. Dick began collecting coins in 1955, and started specializing in Liberty Seated coinage in the early 1980's. In 2003 he retired from his job in the aerospace industry to devote full time to coin dealing and collecting. In [...]

Buy Gold, Silver Time After Speculators Reduce Longs and Banks Reduce Shorts – Gold and silver COT suggests bottoming and price rally coming – Speculators cut way back on long positions and added to short bets – Commercials/banks significantly reduced short positions – Commercial net short position saw biggest one-week decline in COMEX history – 'Big 4' commercial traders decreased their short positions by 28,800 contracts – Seasonally, January is generally a good month to own gold (see table) – “If history is still reliable, January will be a great month to own precious metals” Have you found the gold price in the [...]