In 1971, the US abruptly went off the gold standard, and in making the public announcement, US President Richard Nixon looked into the television camera and said, “We’re all Keynesian’s now.
Read More India’s plans to reduce gold imports keep getting more ambitious. With news last week suggesting that the government is about to unveil a major plan aimed at curbing foreign bullion demand. Local press report that a so-called “gold monetization” scheme is about to be announced by the national government.
Read More Shanghai Gold Exchange one step closer to becoming the globe’s major gold hub China tests system at Shanghai Gold Exchange (SGE) to establish yuan-denominated gold price fix SGE opened last year allowing trade in physical gold as opposed to electronic futures contracts on COMEX Yuan fix, which has broad regional support, will rival the century [&
Read More In a financial world of contradictions, chaos, and confusion, perhaps a “gold-centric” perspective will provide clarity. The media is filled with comments from notable “gold-bashers” such as Benjamin Bernanke, Warren Buffett, and Bill Gates.
Read More While the IMF still reports the United States as the largest holder of gold reserves by far, these are essentially self-reported numbers. They are not reliable because countries could have incentives to under report or over report their gold reserves.
Read More Stella $4 gold pieces dazzled at the Heritage Central States Numismatic Society convention April 22-25. Over $1.82 million was paid for an 1880 $4 Coiled Hair Stella. It was graded Proof-67 by Numismatic Guaranty Corporation and it had a Certified Acceptance Corporation sticker.
Read More MOSCOW — The Central Bank of the Russian Federation announced this week on its website that in March, Russia bought approximately 30 tons of gold, bringing its total gold reserves to 1,238 metric tons. Russia is now the fifth-largest holder of gold reserves, according to the International Monetary Fund.
Read More While doing an interview a few months back with Turd Ferguson at www.tfmetalsreport.com , he made the comment “gold has never been more valuable than it is today”.
Read More One of the most popular hobbies in the United States is coin collecting. Rare coins, precious proof sets, and historic editions bring millions of collectors all over the country together. After all, the idea of owning something so rare and unique can excite just about anyone.
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