Silver, platinum and palladium dropped for a fifth straight session on Thursday, while gold fell for its fourth loss in five sessions and to a new 2018 low. Silver's close was its weakest in more... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
by Keris Lahiff via CNBC This market is in the “biggest bubble in the history of mankind,” Ron Paul told CNBC's “Futures Now” last Thursday. Access CNBC video here “I see trouble ahead, and it originates with too much debt, too much spending,” Paul said. Paul belongs to the Libertarian Party, a faction that emphasizes constrained government spending. He sees federal spending and monetary policy as dual forces inflating a market bubble. “The Congress spending and the Federal Reserve manipulation of monetary policy and interest rates - debt is too big, the current account is in bad shape, foreign debt is [...]
In an 1865 letter to the New York Times, an anonymous writer explained in better terms than anyone today could why the young Territory of Idaho was worth more than just “passing notice” as a mining jurisdiction. “Her bosom teems with rich lodes of silver-bearing quartz of incalculable value, before which the mines of Spanish America pale,” the author of the letter wrote. What the author so poetically pointed out about Idaho in 1865 remains true today. Even 153 years later, Idaho's mineral wealth remains world class. The difference between now and then, however, is that today the state is [...]
The Numismatic Literary Guild, a nonprofit organization composed of hobby writers, editors and content producers, will conduct its 2018 NLG Symposium from 10 am to 11 am, Thursday, August 16, at the American Numismatic Association World's Fair of Money® in Philadelphia, Pennsylvania. The group's annual dinner and awards ceremony, known as “The Bash,” will be held that evening. The symposium topic will be “Cultivating New Collectors with Online Blogs and Publicity,” and the symposium will be open to the public. The award-winning speakers include blogger, author and CDN Publishing Editor Joshua McMorrow-Hernandez; CoinWeek Editor and podcast host Charles Morgan; NLG Acting [...]
Avino Silver & Gold Mines Ltd. (TSX:ASM, NYSE American:ASM) announced its second quarter, 2018 production results from its Avino property near Durango, Mexico. As quoted in the press release: Silver equivalent production in Q2, 2018 increased by 6 percent compared to Q2, 2017 due to extra production from the commissioning of Mill Circuit 4. Copper production in Q2, 2018 increased by 31 percent compared to Q2, 2017, and silver and gold production decreased by 16 percent and 11 percent, respectively; the latter are due to lower silver and gold feed grades from the Avino and San Gonzalo mines. Highlights are [...]
by Keris Lahiff via CNBC This market is in the “biggest bubble in the history of mankind,” Ron Paul told CNBC's “Futures Now” last Thursday. Access CNBC video here “I see trouble ahead, and it originates with too much debt, too much spending,” Paul said. Paul belongs to the Libertarian Party, a faction that emphasizes constrained government spending. He sees federal spending and monetary policy as dual forces inflating a market bubble. “The Congress spending and the Federal Reserve manipulation of monetary policy and interest rates - debt is too big, the current account is in bad shape, foreign debt is [...]
This year's uncirculated American Gold Eagle from the West Point Mint moved faster out of the sales gate than past issues. U.S. Mint sales figures published today show collectors grabbed 4,149 of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
– Global debt time bomb surges to nearly a 'Quarter Quadrillion' ($250T) – “The $247 trillion global debt bomb” Washington Post warn – Debt surges globally and global debt is up almost $150 trillion in just 15 years according to analysis by the Institute of International Finance – Debt expansion appears to be accelerating and in Q1,2018 alone, global debt surged by another $8 trillion – After falling marginally in recent years, global debt to GDP increased in Q1, 2018 and global growth is now slowing while global debt increases – All major countries and every strata of society sees debt [...]
Volume written by Roger Burdette and edited by Heritage Auctions experts breaks down history of popular collectible coin The definitive resource on the history of one of the world's most popular collector coins, Saint-Gaudens Double Eagles as Illustrated by the Phillip H. Morse and Steven Duckor Collections, written by Roger Burdette and edited by Heritage Auctions Co-Chairman Jim Halperin and U.S. Coins Chief Cataloger Mark Van Winkle, is now available through the firm's website, HA.com. Widely accepted as the most detailed resource ever compiled about these popular coins, the book covers every die variety available to Burdette, a multiple winner of the Numismatic Literary [...]
Precious metals futures on Tuesday declined as a group for a third straight session. Both gold and silver posted their lowest settlements in just over a year. Gold for August delivery shed $12.40,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]