Gold and silver futures moved higher Friday, scoring their sixth consecutive gains, their ninth pair of increases in ten sessions, and their second straight weekly win after falling for five weeks in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Returning the gold-First and foremost, you need to make sure that what the policy of the company says when you decide to return your gold item in case the buying can't be done properly. As the transaction is planned, it allows the buyer to control the profit potential in a number of ways. First it allows the buyer to determine if the seller is genuine. If the goods are not tampered and these all point towards the decision on the price. The cash for gold part then also determines if the coins rate of any value in termsof age and [...]
Gold hedge against currency devaluation cost of fuel, food, housing True inflation figures reflect impact on household spending Household items climbed by average 964% Pint of beersees biggest increase in basket of goods rise of 2464% Bread rises 836%, butter by 1023% and fuel (diesel) up by 1375% Gold rises 2672% and hold's its value over 40 years Savings eaten away by money creation and negative interest rates Further evidence of gold's role as inflation hedge and safe haven Editor: Mark O'Byrne Gold hedges against rising cost of living Remember when you were taught about the inflation of theWeimar Republicin [...]
Prototypes inherited from Blue Ridge Glass Corporation manager to be auctioned Aug. 4 in Denver DALLAS, Texas (July 21, 2017) A group of experimental amber glass cents and experimental plastic and zinc cents from a 1942 effort to replace the U.S. copper cents will cross the block Aug. 4 in Heritage Auctions' American Numismatic Association (ANA) Convention event. 28 items will be offered, including one of two uncirculated finished products known to exist. Following the success of Heritage's $70,000 sale of a rare glass cent in January of this year, we were delighted to be presented with several high-grade examples [...]
The silver price rallied 17 percent during the first four months of 2017, but has fallen 12 percent in the past three months. In contrast, assets in ETFs backed by silver have risen 6.6 percent since April 24 to reach a record 21,211 tons.George Coles, an analyst at Metals Focus, told Bloombergthat the divergence is being driven by different typesof investors. Large, active hedge funds have been shortingCOMEXfutures on the risk of rising US interest rates, pushingsilver lower. Meanwhile, smaller traders looking to diversify their portfolios have jumped into silver ETFs. He believes those smaller traders may berewarded as slower [...]
The U.S. Mint's newest 5-ounce collectible was its best weekly seller. Commemorating Ozark National Scenic Riverwaysin southeastern Missouri, the big three-inch coin launched on July 11 for... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bitcoin volatility shows not currency or safe haven but speculation Volatility still very high in bitcoin and crypto currencies (see charts) Bitcoin fell 25% over weekend; Recent high of $3,000 fell to below $1,900 Bitcoin least volatile of cryptos, around 75% annualised volatility Gold much more stable at just10% annualised volatility Bitcoin volatility against USD about 5-7 times vol of traditional forextrading Cryptos remain subject to huge speculation with little fundamental analysis Despite major differences many crypto currenciescorrelated, mimic one another Extreme hype bitcoin expert bets willeat own body part on national television Millennialscan punt on bitcoin, should also own [...]
Gold and silver futures edged higher Wednesday for their seventh pair of gains in eight sessions, with each notching a new, about three-week high. Gold for August delivery added a dime, or 0.008%,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Castle Silver Resources Inc.(TSXV:CSR) (the Company or CSR), is pleased to provide an exploration and corporate update as the Company ramps up drilling at its 100%-owned Castle Property in the prolific northern Ontario Cobalt-Silver Camp. Highlights: In a demonstration of CSR's underground advantage, an 82-kilogram sample of vein material from the first level of the Castle mine atGowgandawas crushed to -10 mesh, blended and assayed, returning1.48% cobalt,5.7g/t gold and46.3g/t Ag (nickel results pending); Phase 1 drilling at the Castle Property, currently in progress, has been expanded to 2,000 meters; Initial work program commences at the Beaver Property near the town [...]
Time to position in gold is right now James Rickards Fed has hit the 'pause' button; No more rate hikes for foreseeable future Fed's theories bear no relation to reality and has blundered by raising rates Growth is weak, inflation is weak, retail sales and real incomes are weak Tight money, weak economy & stock bubble classic recipe for market crash Reduce allocations to stocks and reallocate to defensiveassets such as gold Gold will be the big winner when the Fed suddenly realizes its blunder Gold in USD 10 Years James Rickards, geopoliticaland monetary analystand best selling author of 'Currency [...]