Gold futures retreated Tuesday, dipping from a three-month high on some profit-taking, but they saw support from safe-haven buying on a weakened U.S. stock market. Gold for April delivery shed 80... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Royal Canadian Mint is celebrating the 140th anniversary of the Library of Parliament with its first-ever concave coin, whose ultra-high relief shows off the amazing detail of the Library\'s architecture, as seen from the inside of its domed ceiling. This coin was unveiled on January 28 before Senators, MPs and special guests assembled at […] The post RCM Honors Library of Parliament 140th Anniversary with 1st Concave Coin appeared first on CoinWeek.
Stack\'s Bowers Galleries is pleased to announce the purchase of the assets of Manifest Auctions. Brian Kendrella, president of Stack\'s Bowers Galleries, commented: "Under the leadership of Manning Garrett, Manifest Auctions has grown into one of the pre-eminent auction houses of rare paper money. The opportunity to acquire Manifest and bring Manning Garrett to the […] The post Paper Money – Stack\'s Bowers Galleries Acquires Manifest Auctions appeared first on CoinWeek.
The United States Mint will begin accepting orders for product options with 2016 Richard M. Nixon Presidential $1 Coins starting on February 3 at noon Eastern Time (ET). The bags and rolls contain circulating quality Nixon presidential dollar coins from the Mint\'s facilities at Philadelphia or Denver that have never been placed into circulation. The […] The post Richard M. Nixon Presidential $1 Coin Products On Sale Feb. 3 appeared first on CoinWeek.
CoinWeek Met up with Joachim Schwiening, owner and CEO of MA-Shops, to discuss how the shopping platform offers American collectors better access to rare European and World Coins and how new customers can save money on their first order. For the past several months, CoinWeek has turned its attention to MA-Shops, the largest online shopping […] The post How to Save Money on Your First MA-Shops Order – CoinWeek 4K Video appeared first on CoinWeek.
Canarc Resource Corp. (TSX:CCM,OTCBB:CRCUF) announced that it\'s signed a definitive agreement to lease and operate the permitted 500-tonne-per-day La Plata ore processing plant. The agreement is with the government of the state Zacatecas, and was made via Minera Oro Silver, Canarc\'s subsidiary. Highlights of the agreement are as follows: Lease term is 5 years with the right to extend for another 5 years Canarc assumed responsibility for the plant as of January 29, 2016 Plant will be exclusively operated by Canarc’s Mexican subsidiary, Minera Oro Silver, Canarc will pay a monthly lease payment of 136,000 Mexican Pesos, approximately US$ 7,500 [...]
Those interested in silver know that for market insight and advice they need look no further than David Morgan. As publisher of The Morgan Report he\'s a fixture at industry events, and much sought after as a commentator on silver and the resource space as a whole. Morgan caught up with the Investing News Network at last week\'s Vancouver Resource Investment Conference (VRIC), and while he did share some insight on silver (such as his number one reason for being bullish on the metal), he also spent some time talking about his new venture: Lemuria Royalties. As yet few details have been released about [...]
Bloomberg Business reported that on Thursday, the LBMA silver price, which is used as a benchmark by traders, miners and jewelers, was "set beyond levels traded on the market." As a result, it\'s now losing credibility with market participants who fear that it doesn\'t accurately represent the silver price. Among those who\'ve stepped forward to criticize the LBMA silver price is Ross Norman of Sharps Pixley. He said Sunday, "[t]he LBMA silver price (aka the silver fix) is not fit for purpose." As quoted in the market news: The London Bullion Market Association Silver price was set at $13.58 an [...]
At this year\'s Vancouver Resource Investment Conference, John Kaiser of Kaiser Research stopped by to chat about some of the junior mining companies on his watch list. Interestingly, he noted that one-third of the companies at the event made it on his latest Bottom Fish report, assembled at the end of 2015. "This is the cream of the crop assembling into this place," he said. And while Kaiser admitted that the sector isn\'t out of the woods yet, he\'s taking the stance that "this is it." "We will never, ever again see such an assembly of management talent inside juniors with good projects, [...]
Gold and silver rallied (5.3% and 3.4% respectively) in January, as stocks fell sharply.Turmoil and sharp falls in Chinese and global stock markets, plunging oil prices, rising stress in credit markets and further signs of weak US and global growth led to a renewed bout of risk aversion in January. Finviz.comThis once again led to increased demand for traditional safe-haven assets – gold and silver.Gold\'s best monthly gain in dollar terms in a year, contrasted sharply with the sharp drop in US equities. For the month, the S&P 500 shed 5.1% – the sharpest fall in the S&P 500 index since the [...]