Coin Shop Blog

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • Seasonal effect – gold to bottom this summer? (see charts) • Silver is nearly 70% below it's 1980 high and technically looks very good (see charts) • Speculators cut long positions, GLD holds strong • Boost for rural India – demand to benefit in Q2 • [...]

Precious metals futures ended mixed on Friday and, for the most part, were little changed on the week. Gold gained for a second day in a row but still posted a weekly loss -- its third... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • Seasonal effect – gold to bottom this summer? (see charts) • Silver is nearly 70% below it's 1980 high and technically looks very good (see charts) • Speculators cut long positions, GLD holds strong • Boost for rural India – demand to benefit in Q2 • [...]

We could be heading for a golden age – or a return to the 1970s By John Stepek of Money Week The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday. The US ten-year Treasury yield is sitting at 2.96% as I write this morning, having got to 2.99% yesterday. Does this really matter? After all, 3% is just another number. On the one hand, you'd be right to think that. On the other, it's not so much the number as the direction that's significant. What the end of the bond bull [...]

Heritage Auctions had a busy couple of weeks recently in the Windy City during the Chicago Coin Expo (CCE) and Central States Numismatic Society (CSNS) auctions, which brought the Dallas-based coin sales firm a whopping $38,150,247. “It's no exaggeration this season's auction offered some of the most important discoveries and once-in-a-lifetime opportunities to own some of the rarest coins known to exist,” said President of Heritage Auctions Greg Rohan. “As expected, the hobby didn't ignore the opportunities and we saw spirited bidding across every numismatic collecting category.”   Every area and era of United States numismatics was represented in the [...]

Vangold Mining Corp. (TSXV:VAN) (OTC Pink:VGLDF) (“Vangold” or the “Company”) wishes to address the recent share trading activity at the request of IIROC on behalf of the TSX-Venture Exchange. The Company has no material facts to report and recently disclosed its 2017 fourth quarter and year-end financial results, as well as its MD&A, both released on April 30, 2018. ON BEHALF OF THE BOARD OF DIRECTORS “Cameron S. King” President, CEO and Director For further information contact: T: 1-778-945-2940 E: cking@vangoldmining.com Further information is available on Vangold's web site at: www.vangoldmining.com. Cautionary Statement Regarding Forward Looking Information This News Release may contain, in addition to [...]

We could be heading for a golden age – or a return to the 1970s By John Stepek of Money Week The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday. The US ten-year Treasury yield is sitting at 2.96% as I write this morning, having got to 2.99% yesterday. Does this really matter? After all, 3% is just another number. On the one hand, you'd be right to think that. On the other, it's not so much the number as the direction that's significant. What the end of the bond bull [...]

The United States Mint is accepting applications for appointment to the Citizens Coinage Advisory Committee (CCAC) as a member representing the interests of the general public. The CCAC was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The silver price rose over 1 percent on Thursday (May 3) after the Federal Open Market Committee (FOMC) eased investors' concerns by announcing that interest rate increases will be gradual. The Fed claims that inflation on a 12-month basis is “expected to run near the committee's symmetric 2 percent objective.” “Yesterday's FOMC meeting didn't spark much fireworks, but it eased concerns over whether the Fed was going to stick to its gradual tightening policy, which I believe they are,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. Will Silver Go Up This Year? Find out why in your free report. Get [...]

Precious metals futures ended mostly higher Thursday. Silver advanced for a second day in a row while gold posted its first gain in four sessions. Gold for June delivery rose $7.10, or 0.5%, to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]