Coin Shop Blog

– New all time record highs for gold in 2019 – 'Powerful bull market' will likely send gold to $5,000 to $10,000 – If USD & Treasuries keep falling, stocks may decline at 'moment's notice' – Traditional portfolio of stocks and bonds will not protect investors – “Gold will replace bonds as the go-to hedge” by Brian Delaney of Secure Investments Gold is gaining momentum after a 5-year consolidation and is set to challenge the 2011 highs some time next year. Once gold clears $2,000, a powerful bull market should drive the gold price meaningfully higher. Gold has been an unloved [...]

Central States Numismatic Society (CSNS) may technically be a regional coin club serving 13 mid-western states, but its annual convention is one of the largest and best-attended events on the numismatic calendar. CSNS's membership is open to all throughout the United States and around the world, and the characteristically bustling CSNS convention bourse floor reflects the organization's wide reach. The CSNS 79th Annual Convention, to be held April 25-28, 2018 at the Renaissance Hotel & Convention Center in Schaumburg, Illinois, is shaping up to be a banner event, with a headlining multi-session auction by Heritage Auctions and various seminars, lectures, [...]

Legend Rare Coin Auctions will offer 850 lots in its 26th Regency Auction, being conducted at Harrah's in New Orleans on May 16 and 17, as the official auction for the PCGS Members Show. Described... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

– New all time record highs for gold in 2019 – 'Powerful bull market' will likely send gold to $5,000 to $10,000 – If USD & Treasuries keep falling, stocks may decline at 'moment's notice' – Traditional portfolio of stocks and bonds will not protect investors – “Gold will replace bonds as the go-to hedge” by Brian Delaney of Secure Investments Gold is gaining momentum after a 5-year consolidation and is set to challenge the 2011 highs some time next year. Once gold clears $2,000, a powerful bull market should drive the gold price meaningfully higher. Gold has been an unloved [...]

Golden Queen Mining Co. Ltd. (TSX:GQM) announced drill results for seven additional holes at its 50 percent-owned Soledad Mountain gold-silver mine located south of Mojave, California. As quoted in the press release: The drill results are part of the Company's 2018 Main Pit 2 Infill Drilling program. The completed holes GQ-829 through GQ-835 continue to be successful in intersecting and geologically verifying existing shallow mineralized zones in and around the currently mined East Pit, and also continue to be successful in exploring for and intersecting deeper mineralized zones. In some cases, some new mineralized zones have potentially been identified. Highlights are [...]

Palladium bullion has surged a massive 17% in just nine trading days. From $895/oz on Friday April 6th to over $1,052/oz today (April 19th). The price surge is due to palladium being due a bounce after falling in the first quarter and now due to Russian supply concerns. In a volatile month, precious metals and commodities have been the clear winners so far, with palladium having the greatest gains of all – up 10.7% in April (see table below). Source: Finviz Palladium has surged on concerns about supply from Russia which is the world's largest producer of palladium with various [...]

Precious metals futures ended lower Thursday. Silver's loss was its first in five sessions with prices slipping slightly from a near three-month high while gold retreated from a one-week high. Gold... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Precious metals futures advanced Wednesday. Silver was high among leaders, posting its strongest close in about twelve weeks. Gold for June delivery gained $4, or 0.3%, to settle at $1,353.50 an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The silver price rose over 2 percent on Wednesday (April 18) afternoon, reaching a 2.5-month high thanks to technical trading. A weaker US dollar also supported prices. Kitco analyst Jim Wyckoff said gold and silver are “tilted in favor of the bulls, which is inspiring technically-based buying interest at mid-week.” He added, “[t]he ability of gold and silver to post price gains today, amid little risk aversion in the marketplace, is impressive.” Also adding to silver's price increase was its safe-haven appeal during the current political volatility. Will Silver Go Up This Year? Find out why in your free report. Get [...]

– Silver bullion remains good value on positive supply and demand factors – Industrial demand set to continue to climb from 2017, into 2018 and beyond – Speculators are bearish on silver as net short positions in silver futures reach record – Investment demand sees silver ETF holdings at eight-month high of 665.4 million ozs – 2017 saw fifth consecutive annual physical deficit in scrap silver, of 26 moz – Global silver mine production fell 4% last year, 2nd consecutive year of decline – Fundamentals and speculative positions suggest silver may soon see strong gains Editor: Mark O'Byrne   It's been tough [...]