News that impacts the gold and silver markets.
In with the new and out with the old. Such is the case every year with the Federal Open Market Committee. On January 1, new members will step in and vote on monetary policy that effects you and me as well as the silver and gold price. Who will sit at …
We thought we’d pass on a “feel good” story for those of us who love silver and gold bullion. Seems like Fargo, N.D. is developing a bit of a Christmas tradition. Dropping gold coins into Salvation Army Kettles has been occurring for a decade. Just last week, three more were …
Could it happen? About 100 years ago, silver was the preferred precious metals investment in India. Because of the government crackdown on the underground economy by restricting its paper currency, the question is a good one. India has long held a quasi-dual currency system. Paper rupees used in daily transactions, …
Geopolitical uncertainty is supposed to help the price of gold right? Over the long term that is certainly the case. However, short to intermediate term fluctuations have more to do with capital flows and traditional correlations. This is likely the reason why the gold and silver price has performed poorly …
A mysterious 3,000-year-old gold torc, described as one of the largest ever discovered, has been found in the UK. A torc is a stiff ring of metal, made in a single piece or from several strands twisted together. The size of this torc (nearly 50 inches in length) has left open speculation as …
The World Gold Council recently released a report on gold demand for 3Q16. In it they note that there was a sharp increase in gold investment primarily through Exchange Traded Products. While ETPs such as GLD stock mimics the gold spot price, it does not provide you with the true …
The original residents of Chicken, Alaska, were a “ragtag bunch of gold prospectors.” The town is 40 miles west of the Canadian border and 90 miles from Eagle, Alaska. It has a population of 23 residents, except for when 16 of those residents leave in the winter and the population …
Leading up to the year of 1792, the United States experienced great confusion concerning the value of different coins and currencies in circulation. Spanish silver and English shillings were two of the most common mediums of exchange, but the intricate conversion tables led to burdensome trade and commerce. Congress – …
The World Gold Council reports that gold demand surged in the first three months of this year. That would certainly help explain why the price of gold has surged from $1,060 to nearly $1,300 in that time frame. They reported that the increase was driven by “huge” purchases of gold ETFs due …
