The Root of Gold Conspiracy Theories

Posted November 13, 2015

Most people who own or trade gold have a higher price in mind, a price determined by what they think the metal is worth in dollar terms. That’s normal. However, some make a leap from the fact that gold doesn’t trade at this price today, to belief in manipulation. Short sellers—who are sometimes supposed to… View Article

Russian Central Bank Accumulates Another 34.2 Tonnes of Gold

Posted October 22, 2015

Russia continues to amass more gold in its reserves with the purchase of another 34.2 tonnes in September, bringing its total to around 1,353 tonnes – or around 13% of its total foreign exchange reserve figure.  This is Russia’s second highest monthly total purchase in six years and represents yet another indicator of its continuing… View Article

92.6% of Week’s American Eagle Silver Coins Purchased in Two Days

Posted October 9, 2015

For the first time in weeks, the U.S. Mint’s authorized purchasers did not buy that week’s full allocation of American Eagle silver bullion coins in the first two days of sales. Instead, the U.S. Mint sold 92.6 percent of its weekly allocation of American Eagle silver bullion coins within two days. The coins became available Oct…. View Article

Something Has Changed in the Gold Trade: Gartman

Posted September 25, 2015

Stocks pain has turned into gold’s gain. Gold prices soared to a one-month high Thursday as fears of a global slowdown have investors seeking so-called safe haven assets like bonds and bullion. And according to Dennis Gartman, often referred to as the “commodities king,” the rally in gold could just be starting. “There’s a real… View Article

How Is The Silver Bullion Product Shortage Impacting Gold?

Posted September 18, 2015

As wait times for certain silver bullion products reach upwards of 2 months, investors are now switching over to buying gold.  How much gold?  Heck of a lot more when look at the figures. While Gold Eagle sales started to surged in June (76,000 oz), due to the possible Greek Exit of the European Union,… View Article

What a Fed Rate Hike Means for Gold

Posted September 17, 2015

Gold bugs are contemplating the first rate hike by the U.S. Federal Reserve in nine years on Thursday, and evidence suggests an increase could buoy the precious metal over the next few months. Data from the London Bullion Market Association and the St. Louis Federal Reserve shows that gold’s current trading pattern is showing an… View Article

Silver Is Becoming Scarce Worldwide For Purchase

Posted September 11, 2015

At some point in the next few years it will become hard or impossible to buy silver or gold in exchange for fiat currencies. We aren’t at the “impossible” stage yet but there are signs around the world that silver is becoming difficult to buy and if you can find some the premiums over the… View Article

As Stock Markets Plunged, Why Didn’t Gold Rise

Posted August 27, 2015

Twitter may have been encouraging investors to buy gold as U.S. stocks opened deeply in the red Monday morning, but investors weren’t listening. Typically seen as a safe-haven asset, the yellow metal tends to rise when the market suffers but Monday gold finished the day at $1153.40 an ounce, down 0.53%. That snaps a three-session winning… View Article

The History of Money

Posted August 27, 2015

We use money so frequently that paper bills and metal coins have become a crucial part of our existence. We design purses to carry our money as close to our bodies as possible. We warn tourists about the threat of pickpockets, and we lock bundles of bills and coins in safes and vaults to keep… View Article

Gold Or Silver Shortages?

Posted August 26, 2015

A big pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming precious metals shortages simply because both the U.S. mint and Royal Canadian Mint ran out of blanks. Both of these government mints predetermine a rough amount… View Article