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12 09, 2018

Tahoe to Continue Talks with Guatemalan Officials to Reopen Mine

By |2018-09-12T04:12:57+00:00September 12th, 2018|Coin Shop Blog|Comments Off on Tahoe to Continue Talks with Guatemalan Officials to Reopen Mine

Tahoe Resources (TSX:THO,NYSE:TAHO) will continue conversations with Guatemalan officials and locals in order to resolve a dispute and resume operations at its Escobal silver mine, the company announced on Monday (September 10). Last week, Guatemala's Constitutional Court upheld the suspension of licenses at Escobal. Jim Voorhees, Tahoe's CEO, stated that the ruling was both “disappointing” and not the outcome expected. Despite the ruling, Voorhees said, “we are pleased that a resolution has finally been reached after a prolonged period of inaction in the legal system. The final resolution provides a comprehensive path forward.” Will Silver Go Up This Year?     Find [...]

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12 09, 2018

Ten Years Since Lehman: Biggest Driver of 2008 Financial Crisis Has Only Got Worse

By |2018-09-12T04:12:27+00:00September 12th, 2018|Coin Shop Blog|Comments Off on Ten Years Since Lehman: Biggest Driver of 2008 Financial Crisis Has Only Got Worse

by John Stepek of Money Week – The “Lehman moment”… could it happen again? – The finance industry is infested with moral hazard – Even more moral hazard today sowing seeds of next crisis – “Next crisis will not look the same as the 2008 crisis” Protestors hold signs behind Richard Fuld, Chairman and Chief Executive of Lehman Brothers Holdings after its collapse led to the last global financial crisis. REUTERS/Jonathan Ernst/File Photo   A decade ago this week, in the US, the government had just nationalised government-sponsored mortgage lenders Fannie Mae and Freddie Mac. In the UK, the then-chancellor, [...]

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11 09, 2018

British Auction Firm Bonhams Has New Owner, Eyes Expansion Into US

By |2018-09-11T22:12:37+00:00September 11th, 2018|Coin Shop Blog|Comments Off on British Auction Firm Bonhams Has New Owner, Eyes Expansion Into US

By Joshua McMorrow-Hernandez, Editor Bonhams, the famous British auction house known for selling high-end collectibles, has been bought by private equity partnership Epiris. Bonhams, founded in 1793, is one of the world's largest and oldest auction companies dealing in arts and antiques, and also sells many coins and other numismatic items. While financial details of the deal between Bonhams and Epiris have not been disclosed, some within the industry believe the transaction closed at about two-thirds of the £300 million ($390 million USD) the auction firm originally sought. The buyout offers mutual benefits, with Epiris facing much-needed success in acquiring [...]

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11 09, 2018

Ten Years Since Lehman: Biggest Driver of 2008 Financial Crisis Has Only Got Worse

By |2018-09-11T22:11:47+00:00September 11th, 2018|Coin Shop Blog|Comments Off on Ten Years Since Lehman: Biggest Driver of 2008 Financial Crisis Has Only Got Worse

by John Stepek of Money Week – The “Lehman moment”… could it happen again? – The finance industry is infested with moral hazard – Even more moral hazard today sowing seeds of next crisis – “Next crisis will not look the same as the 2008 crisis” Protestors hold signs behind Richard Fuld, Chairman and Chief Executive of Lehman Brothers Holdings after its collapse led to the last global financial crisis. REUTERS/Jonathan Ernst/File Photo   A decade ago this week, in the US, the government had just nationalised government-sponsored mortgage lenders Fannie Mae and Freddie Mac. In the UK, the then-chancellor, [...]

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11 09, 2018

Pancon Hosts McBride Project Community Information Session, Listens Carefully, and Responds to Stakeholders Requests

By |2018-09-11T22:11:32+00:00September 11th, 2018|Coin Shop Blog|Comments Off on Pancon Hosts McBride Project Community Information Session, Listens Carefully, and Responds to Stakeholders Requests

Pancontinental Resources Corporation (TSXV:PUC) (“Pancon” or the “Company”) hosted its first public McBride Project Community Information Session at the Limerick Township Community Centre on Sunday, September 9th. The consultative event lasted almost four hours and was attended by more than 200 local residents and cottage owners from Hastings County in southeast Ontario. Pancon President and CEO Layton Croft provided information about the Company and the current exploration Project. He moderated a lively and sometimes emotional discussion that included criticisms, questions and comments on mining, as well as recommendations and requests. Many participants expressed their opposition to the exploration project due [...]

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11 09, 2018

Gold Rises, Silver Marks Another 31.5-Month Low

By |2018-09-11T22:08:20+00:00September 11th, 2018|Coin Shop Blog|Comments Off on Gold Rises, Silver Marks Another 31.5-Month Low

Gold was by itself in gains Tuesday among precious metals, for its first increase in three sessions. Silver, meanwhile, ended at another more than two-and-a-half year low. Gold for December delivery... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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11 09, 2018

London Property: Here Comes the Crash

By |2018-09-11T04:19:33+00:00September 11th, 2018|Coin Shop Blog|Comments Off on London Property: Here Comes the Crash

by Bloomberg News – Jitters surrounding London property are finally starting to show up in home prices – Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability – Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data – Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News RELATED CONTENT London House Prices Fall At Fastest Annual Rate Since Height [...]

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10 09, 2018

Gold Dips; Cumberland Island 5 oz Bullion Coin Debuts

By |2018-09-10T22:11:34+00:00September 10th, 2018|Coin Shop Blog|Comments Off on Gold Dips; Cumberland Island 5 oz Bullion Coin Debuts

Most precious metals lacked a lot of movement Monday. Platinum was the exception, rising 1.2%. Gold and silver moved opposite of each other -- with the former falling and the latter rising -- but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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10 09, 2018

London Property: Here Comes the Crash

By |2018-09-10T22:11:15+00:00September 10th, 2018|Coin Shop Blog|Comments Off on London Property: Here Comes the Crash

by Bloomberg News – Jitters surrounding London property are finally starting to show up in home prices – Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability – Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data – Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News RELATED CONTENT London House Prices Fall At Fastest Annual Rate Since Height [...]

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10 09, 2018

NGC, NCS and PMG Appoint Daruma an Official Submission Center in Japan

By |2018-09-10T22:10:54+00:00September 10th, 2018|Coin Shop Blog|Comments Off on NGC, NCS and PMG Appoint Daruma an Official Submission Center in Japan

The Certified Collectibles Group (CCG) has appointed Daruma International Galleries, an Official Submission Center in Japan. CCG's independent member companies include Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services (NCS) and Paper Money Guaranty (PMG). Established in 1978 and based in Tokyo, Daruma is a leading dealer and auction house in Japan, facilitating the sale of coins and other numismatic items - ancient, vintage, and modern. Its CEO is Mr. Yuji Otani, who is well respected in the numismatic world. As an Official Submission Center in Japan, Daruma will assist collectors and dealers with submissions to NGC, NCS, and PMG. Daruma [...]

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