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Bundesbank has completed a transfer of gold worth 24B from Franceand U.S. Germany has completed domestic gold storage plan 3 years ahead of schedule In the 7.7 million plan, 54,000 gold bars were shipped and audited In 2012 German court called for inspection of Germany's foreign gold holdings Decision to repatriate from Paris and New York was 'to build trust and confidence domestically' 1,236t or 37% of German holdings remain in New York Fed facility Bundesbankwants to hold gold bullion U.S. government declines to audit gold reserves doesn't want world to realise gold's importance in the globalmonetary system Editor: Mark [...]

U.S. Navy collisions: More than a coincidence? Latest U.S. Navy collision isfourth involving a Seventh Fleet warship this year HaveUS Navy vessels become victims of hacking asks Rickards Chief of Naval Operations, Adm. John Richardson, has not ruledout cyber intrusion Once is happenstance. Twice is coincidence. The third time it's enemy action Ian Fleming Cyber security cause for concern in autonomous vehicles, aeroplanes and now ships Serves as reminder that a connected world can expose and create vulnerabilities Cyber security a major threat to banking and financial industry Investors should hold physical gold as insurance against hacking, cyber attacks Source: [...]

U.S. Navy collisions: More than a coincidence? Latest U.S. Navy collision isfourth involving a Seventh Fleet warship this year HaveUS Navy vessels become victims of hacking asks Rickards Chief of Naval Operations, Adm. John Richardson, has not ruledout cyber intrusion Once is happenstance. Twice is coincidence. The third time it's enemy action Ian Fleming Cyber security cause for concern in autonomous vehicles, aeroplanes and now ships Serves as reminder that a connected world can expose and create vulnerabilities Cyber security a major threat to banking and financial industry Investors should hold physical gold as insurance against hacking, cyber attacks Source: [...]

Glen Eagle Resources (TSX VENTURE:GER) (Glen Eagle or the Company) is pleased to report that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle, has produced 223 ounces of gold and 1,305 ounces of silver, representing approximately $CDN 380,000 in dore bars between July 1 and August 15, 2017. The cash flow after consideration of All-In Sustaining Cost (AISC) was approximately $CDN 150,000 for the period. Sales in dore bars between July 1 and August 15, 2017 reached $CDN $440,000. These results represents an important turnaround from Q2 2017 where the Company sold $285,000 in dore bars due to [...]

(Wilkes-Barre, PA) August 24, 2017 -Ed Reiter of Nanticoke, Pennsylvania, a one-man institution in coin writing for over half a century, died at the age of 79 in Wilkes-Barre, Pennsylvania on August 24. According to his wife, Patricia, the cause was multiple organ failure. At the time of his death, Reiter was still a powerful force in journalism for the coin hobby and trade, serving as senior editor of COINage magazine for his 32nd year and executive director of the prestigious non-profit Numismatic Literary Guild in his 27th year. He was also still serving as an active consultant to a [...]

At the ANA World's Fair of Money, we were able to engage in a number of conversations about the state of the rare coin market. It was clear that many market participants, at all levels, were struggling to reconcile multiple issues. Dealers spend their hours buying and selling coins, and the fulcrum of each decision comes down to price in most cases. Regardless of the rarity or beauty of an individual item, everything has a price. Here at CDN, we spend most of our waking hours thinking about this idea of price, and each day we look at a wide [...]

US Treasury Secretary Steve Mnuchin visits Fort Knox Gold Later tweeted 'Glad gold is safe!' Only the third Treasury Secretary to visit the fortified vault, last visit was 1948 Last Congressional visit was 1974 Speculation over existence of gold in Fort Knox is rife Concerns over Federal Reserves lack of interest in carrying to an audit on gold Gold was last counted in 1953, nine yearsbefore Mnuchin was born Mnuchin may be looking to prevent countries and states from worrying about and repatriatingtheir gold US Treasury Secretary 'assumes' the gold is still in Fort Knox, 64 years after it was [...]

Silvercorp Metals Inc. (TSX:SVM, NYSEMKT:SVM) is one of the world's lowest-cost, highest-margin primary silver producers. The Canadian mining company holds a portfolio of producing silver-lead-zinc mines inChina, including the multi-mine Ying District in Henan Province and its newest mine the GC Mine in Guangdong Province. In a recent feature in Northernminer the article highlights that Silvercorp is coming off a stellar 18 months wherein it generated significant shareholder value. The company has leveraged a strategic land position in China's Yinghigh-grade silver-lead-zinc district, alongside an innovative approach to underground, narrow-vein mining, to emerge as one of the highest-margin miners in the [...]

Gold up over 100% in major currencies since financial crisis Gold up 100% in dollars, 124% in euros and surged 200% in sterling Gold has outperformed equity, bonds and most assets Gold remains an important safe-havenin long term Gold prices from August 9th 2007 to August 9th 2017 It has been ten years since the global financial crisis began to take hold. At the time few would have known that BNP Paribas' decision to freeze three hedge funds was the signal for the deepest recession in living memory and a near-collapse of the financial system. As the French bank blamed [...]

At the ANA World's Fair of Money, we were able to engage in a number of conversations about the state of the rare coin market. It was clear that many market participants, at all levels, were struggling to reconcile multiple issues. Dealers spend their hours buying and selling coins, and the fulcrum of each decision comes down to price in most cases. Regardless of the rarity or beauty of an individual item, everything has a price. Here at CDN, we spend most of our waking hours thinking about this idea of price, and each day we look at a wide [...]