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POGUE III IN THE BOOKS, SETS NEW MARK FOR MOST VALUABLE COLLECTION EVER SOLD The third part of the D. Brent Pogue Collection was conducted on Tuesday, February 9, by Stack's-Bowers and Sotheby's in New York City. This session, which consisted of select large cents, capped bust dimes, capped bust halves, three dollar pieces, and select half eagles realized $17,135,615. Leading off were 11 lots of half cents, topped by the 1794 Cohen-7 graded MS67RB by PCGS at $940,000. These were followed by five lots of large cents - all dated 1793 - highlighted by the ex-Garrett specimen Chain cent [...]

Golden Queen Mining Co. Ltd. (TSX:GQM,OTCQX:GQMNF) released an update on mining and construction activities at its 50-percent-owned Soledad Mountain gold-silver project, noting that construction has been completed within budget. Commissioning activities are nearly complete, and the company has started the leaching process on the heap leach pad. Development highlights include: Project construction has been completed in-line with the budget. Leaching has commenced with first gold production anticipated in the upcoming weeks. Construction of the Merrill-Crowe plant is completed. Pad-loading continues to ramp-up toward full production. There are now 101 full-time employees in Mojave. Robert C. Walish, Jr., COO of Golden [...]

Global economic turmoil continues to rumble on as major economies seek to come to grips with a changing monetary environment, sagging growth, low inflation, pockets of deflation and uncertainty over the future of Europe post Brexit. Japanese shares sold off after their gains on Monday, falling 1.8% in today's trading sessions. European shares rising 1.6% this morning on the back of an expectation that volatility in the markets may begin to stabilise, feels more like a dead cat bounce to be honest.In a wonderful example of poor timing, China is ruffling global security circles by placing advanced ground-to-air missiles in [...]

The Goldbergs proudly announce the sale of an important collection of United States Gold Coins from a prominent Midwestern family. A cabinet consisting of just under 100 coins, represents the last of an impressive collection formed more than 50 years ago. While portions were sold in the mid 1960s, the balance remained in the family's possession. These remaining coins were recently submitted to PCGS for grading and encapsulation. The collection includes a complete run of $5.00 and $10.00 Indians, many in absolute Mint State condition. In particular, the $5.00 1909-O and 1929 along with the $10.00 1907 Rolled Edge and [...]

European Banks holding European sovereign debt may have to take haircuts and be part of bail in plans should that same debt default, according to a plan being pursued by German government advisers. In another attempt to shelter German tax payers from the largess and excess of fellow European neighbouring countries' national banks, the move could trigger a run on billions of euro of sovereign debt of said banks. In an article penned by the Telegraph's Ambrose-Evans Pritchard, one of the council's dissenting members describes the plan as the "fastest way to break up the Eurozone".The plan, by The German [...]

2016 is only a month and a half in, but Kootenay Silver (TSXV:KTN) has already gotten a lot done. Midway through January, the Mexico-focused company announced plans to acquire Northair Silver (TSXV:INM), and in doing so become "a leading Mexican silver exploration and development company and consolidator." This Tuesday, it built on that base by entering into two agreements with major silver miner Pan American Silver (TSX:PAA,NASDAQ:PAAS). Under the first agreement, Kootenay subsidiary Minera JM will give Pan American subsidiary Compania Minera Dolores the option to earn a 75-percent stake in the Promontorio and La Negra deposits, which are collectively [...]

Volatility, loss of confidence and central bank impotence stalk the capital markets. Gold pulls back in an expected retrenchment. Equity markets are still digesting what the world looks like: absence of a strong Chinese domestic economy, developing economies losing their easy credit, oil prices adjusting to demand levels indicative of economic activity and, most tragically, the continuing proxy wars fought in the middle east as warmongers continue to slaughter innocent civilians. Gold in USD - 1 Week Monetarily speaking the markets are just not playing to the script. It must be infuriating for the unelected officials at our all-powerful central [...]

Gold and silver are doing well in 2016, and many investors are now wondering more than ever whether they should invest in gold and silver. The Investing News Network recently spoke with industry leaders Rick Rule, David Morgan and Ross Beaty about exactly that, and has assembled their thoughts below for easy access. Watch the videos here to learn what these experts think about the gold and silver markets, and to find out whether now may be the time to invest in gold and silver. 1. Rick Rule: Always Buy a Stock for a Reason; Sell if it Disappears Rule, [...]

Last week, the S&P/TSX Composite index (INDEXTSI:OSPTX) closed up 293.87 points, or 2.43 percent, at 12,381.24 points. Prior to that rally, the index had lost 5.4 percent in five days, hitting its lowest level in three weeks. In the resource space, the top TSX-listed gainer was Timmins Gold (TSX:TMM,NYSEMKT:TGD), and it was followed by Alexco Resource (TSX:AXR,NYSEMKT:AXU), Silvercorp Metals (TSX:SVM), Entree Gold (TSX:ETG,NYSEMKT:EGI) and Kinross Gold (TSX:K,NYSE:KGC). Here's a look at what moved the share prices of those companies last week. Timmins Gold Timmins Gold is an intermediate gold producer whose assets are all in Mexico. Last week, the company's [...]

Great Panther Silver Ltd. (TSX:GPR,NYSEMKT:GPL) announced that it has paid a fine regarding the theft of explosives at its Mexico-based Guanajuato Mine Complex. The fine will not materially impact the company\'s financial results. As quoted in the press release: Further to the Company\'s news release of January 15, 2016, upon the renewed request of the Mexican regulatory authority, the Company has again temporarily suspended the use of explosive material at the GMC, until all administrative matters are concluded. The final inspection was recently completed and authorization to resume the use of explosives is anticipated within the next few working days. [...]