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Precious metals are real assets and best defence against bail-ins and cashless society in the economic crisis which is on its way The risks posed to investors and savers from the coming economic crisis and the threat ofbank bail-ins, negative interest rates, 'helicopter money,' capital controls and thecashless societyhas been looked at in an excellent and timely article by economistJohn Adams,writing in theDaily Telegraph. While the article is focused on how these risks threaten Australia and Australian investors and savers, the risks outlined are ones which threaten even those with modest amounts of wealth and all exposed to the western [...]

Sierra Metals (TSX:SMT) (BVL:SMT) (NYSE MKT: SMTS) (Sierra Metals or the Company) is pleased to announce that its common shares (the Common Shares) have been approved for listing on the NYSE MKT, and they are expected to begin trading under the symbol SMTS beginning onJuly 11, 2017. The Common Shares will continue to trade on theToronto Stock Exchange and the Lima Stock Exchange (Bolsa deValores de Lima). Igor Gonzales, President and Chief Executive Officer of the Company, stated: The listing of our common shares on the NYSE MKT represents an important corporate milestone for Sierra Metals and another step in [...]

The Perth Mint has reported that its unique 3-kilo + diamond coin set has indeed sold for A$1.8 Million (~US$1.36 Million). Back in June, we reported the details (link) of this bold marketing concept and wondered whether the coins would sell. According to a press release by the Perth Mint, the coins were sold to an anonymous Asian collector. While several discerning parties expressed interest in purchasing the rare treasure, it was sold via Glajz-THG Pte Ltd., aSingapore based company specializes in rare gemstones and luxury jewelry.