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President Maduro ' Venezuela will create a basket of currencies to free us from the dollar, Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil Order comes following calls from Russia and China to find alternatives to current reserve system U.S. Dollar accounts for two-thirds of global trade Venezuela has over ten-times more oil than United States Super powers are gradually turning to gold to avoid using world's main reserve currency Are we seeing the beginning of the end for the U.S. dollar? Source: The Burning Platform The oil-rich country of Venezuela has stopped accepting the [...]

Ascendant Resources(TSXV:ASND) (Ascendant or the Company) (Ascendant or the Company) is pleased to announce the launch of its 360 virtual tour of theEl Mochito Minelocated inHonduras. The El Mochito Mine's virtual tour provides an in-depth view and description of the mine's various operational areas which include mining, crushing, milling, processing and concentrate production. Using the interactive map, users can tour the operations beginning underground where ore is mined and ending at the concentrate warehouse where final concentrate production is stockpiled before being shipped. Users can also take advantage of additional information popups at each of the stages which provide an [...]

44% of US population affected by Equifax hack Hackers took names, birthdays and addresses, Social Security and driver's license numbers Steve Mnuchin concerned about the global financial system and keeping it safe, Hacks is a reminder of the vulnerabilities created ina connected world Cyber security is a major threat to both banking and financial industry Investors should hold physical gold as insurance against hacking and cyber attacks Last week 143 million people woke up to the news that a data breach at Equifax has left them wide open to financial and identity fraud. Readers will have no doubt read about [...]

In the past, we have highlighted the fact that the volume of posted dealer bids on the electronic exchanges has significantly decreased over the past five years. This reflected a change in the business model of the coin dealer in response to a much more complicated market. These complications stem from a multi-tiered price structure in which the same coin in the same grade can trade at varying levels, which at its core is an issue with grading. While this has always been the case-a premium coin will always bring above market-the spreads were getting more extreme. Thus, the reluctance [...]

LONDON, England (September 11, 2017) One of the world's largest auction companies,Heritage Auctions(www.HA.com), has now opened an office in London, England at 6 Shepherd Street, London, Mayfair W1J 7JE. The London office joins Paris, Geneva, Amsterdam and Hong Kong in the international footprint for Heritage Auctions. London is the next logical step in the international expansion of Heritage, said Cristiano Bierrenbach, Executive Vice President of Heritage Auctions. It is one of the financial centers of the world, as well as a major hub of the art and collectibles market. We are very excited to take this step, and expect that [...]

British people suddenly stopped buying cars Massive debt including car loans, very lowhousehold savings Brexit and decline in sterling and consumer confidence impacts New cars being bought on PCP by people who could not normally afford them UK car business has 'exactly the same problems' as the mortgage market 10 years ago, according to Morgan Stanley Bank of England is investigating to make sure UK banks are not overly exposed Prudent British people buying gold with cash, not cars with debt byJim Edwards, Business Insider UK Vehicle Sales In UK Barclays via Business Insider British people have suddenly stopped buying [...]

American CuMo Mining Corporation(TSXV:MLY) announces that subject to TSX Venture Exchange (TSXV) acceptance, it intends to extend the expiry date of a series of previously issued common share purchase warrants by one year. The Company proposes to extend an aggregate of 10,562,750 unexercised warrants (the Warrants) issued on October 9, 2014 as part of a private placement, having an original expiry date of October 9, 2016. Each Warrant entitles the holder to purchase one common share of the Company at a price of Cdn$0.10 per share and is subject to an acceleration provision whereby the term of the Warrants may [...]

Escobal, one of the world's largest silver mines, will be able to resume production aftera ruling from the country's highest court. According to Tahoe Resources(TSX:THO,NYSE:TAHO), the owner of the mine, theGuatemalan Supreme Court has reinstated Escobal's suspended mining license. The company'sshare price gained over 30percent on the news, though Tahoesaid it expects interested parties to appeal the decision. Tahoe also saidit is still working the the government and community around Escobal to resolve a roadblock to the mine set up by protesters. The company saidmining could recommence at Escobal within a week once the road is clear, but it is [...]

SARASOTA, Fla. (August 28, 2017) Paper Money Guaranty (PMG) has hired Victor Ingraffia, the founder and former CEO of Gibraltar Coins & Precious Metals in Clearwater, Florida, to join its team of graders. Ingraffia has had a lifelong interest in coins and paper money, ever since his kindergarten lunch lady gave him a Whitman folder and let him peruse the school's milk money. After working for several Wall Street firms, he moved to Clearwater to pursue a career as a numismatist at Security Stamps and Coins. In 1995, he bought the assets of the company and created Gibraltar Coins & [...]

Buy gold for long term as fiat money is doomed warns Frisby Gold's winning streak will continue in long term September is traditionally a good month for gold, as we head into the Indian wedding season It's just a matter of time before gold comes good again by Dominic Frisby, Money Week Today folks, by popular demand, we're talking gold. It's had a nice summer run. What now? Gold has been buoyed by the North Korea scare Let's start with an update. Back in JulyI suggested a flip trade: buy then in anticipation of a rally, sell in the autumn. [...]