Precious metals futures declined Tuesday as the U.S. dollar climbed ahead of the Fed's Wednesday decision on whether to raise interest rates. Gold ended at its lowest price in almost three... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
– $8.8B Sprott Inc. sees higher gold on massive consumer debt, defaults & bankruptcies – Rising and record U.S. debt load may cause financial stress, weaken dollar and see gold go higher – Massive government and consumer debt eroding benefits of wage growth (see chart) by Bloomberg Rising U.S. interest rates, usually bad news for gold, are instead feeding signs of financial stress among debt-laden consumers and helping drive demand for the metal as a haven. That's the argument of Sprott Inc., a precious-metals-focused fund manager that oversees $8.8 billion in assets. The following four charts lay out the case for why gold [...]
Fans of classic coins are gearing up for one of the most exciting offerings of 19th-century coinage to cross the auction block in years. The Ralph and Lois Stone Collection of United States Silver Morgan Dollars will be featured at the Sotheby's Historic Coins and Medals sale and will be on exhibition in New York City May 18-21, 2018 before the auction at 2:00 PM on May 21. This collection, assembled by northern California banker Ralph Stone over the latter decades of the 20th century, provides collectors with an assemblage of superb-quality examples of three-cent silvers, Morgan dollars, classic commemorative coins, and other fascinating pieces [...]
One of the all-time finest collections of Saint-Gaudens Double Eagle gold coins listed in the PCGS Set Registry®, the A&A Saints Collection, will go on auction on eBay starting at 6 pm... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
First Majestic Silver Corp. (TSX:FR) announced that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange (“TSX”) or alternative Canadian market places over the next 12 months. As quoted in the press release: In order to implement the Share Repurchase, First Majestic has received TSX approval of its notice of intention to make a normal course issuer bid. The notice provides that First Majestic may, during the 12 month period commencing on March 21, 2018 and ending [...]
Crock Of Gold In Ireland? Happy Saint Patrick's Day Wishing you health, wealth and good luck this Saint Patrick's Day! May your home be filled with laughter May your pockets be filled with gold And may you have all the happiness Your heart can holdThis Saint Patrick's Day we bring you an interesting article from the Irish Post about the history of gold mining in Ireland and Ireland's hidden gold hotspots. by Jack Beresford via the Irish Post IRELAND has a long and rich history of gold mining, dating back to the 1800s and continuing even today. The first Irish [...]
Gold futures declined for a third straight day Friday -- their fourth loss in five sessions, driving prices nearly 1% lower on the week and to a fresh two-week low. Gold for April delivery shed... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
– Buy silver and sell gold now – Frisby – Gold should cost 15 times as much as silver – Silver might have disappointed in short term – But it's time to buy – Editor's note: Silver has outperformed stocks, bonds and gold over long term (see table) by Dominic Frisby via Money Week For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver. Got that? Right. Now, those of you who are interested to know [...]
– Buy silver and sell gold now – Frisby – Gold should cost 15 times as much as silver – Silver might have disappointed in short term – But it's time to buy – Editor's note: Silver has outperformed stocks, bonds and gold over long term (see table) by Dominic Frisby via Money Week For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver. Got that? Right. Now, those of you who are interested to know [...]
Coin criminals in the State of Texas better beware. It just became more difficult to steal coins and currency or pull off other numismatic misdeeds in The Lone Star State. The widely acclaimed Numismatic Crime Information Center (NCIC) presented day-long seminar on numismatic crime investigations at the American Numismatic Association (ANA) National Money Show in Irving, Texas, with 32 local, state, and federal investigators from Texas in attendance. “The seminar provided attendees with the basic tools and resources to conduct a thorough numismatic crime investigation,” said Doug Davis, who serves as founder and president of the NCIC. “Since the majority of [...]