Posted in: Blog

China One Step Closer to Becoming World’s Gold Hub

Posted May 6, 2015

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… View Article

Can Gold Save The World From The Credit Bubble?

Posted May 5, 2015

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. Their criticisms of gold (in my opinion) boil down to: Gold has no real value – you can’t eat it or… View Article

Is Russia Moving to a Gold-Backed Currency?

Posted May 5, 2015

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. It is thought by many that China, at least up until this point, has under… View Article

Stella $4 gold piece goes for $1.8 million

Posted May 1, 2015

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. Greg Rohan, president of Heritage Auctions, said, “In terms of important Stellas… View Article

Russia is hoarding gold; you should worry

Posted May 1, 2015

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. And this is only the gold… View Article

Currency Wars Back As Russia Buys One Million Ounces of Gold in March

Posted April 21, 2015

Russia buys one million ounces and increases gold reserves by another 2.6% in March Russia sees gold as important monetary and strategic asset in stealth currency wars Large purchase by Russia who normally buy some 300,000 ounces a month Russian gold reserves, at nearly 40 million ounces, are now fifth largest in the world Russia… View Article

Gold has never been more valuable than it is today!

Posted March 4, 2015

While doing an interview a few months back with Turd Ferguson at , he made the comment “gold has never been more valuable than it is today”. This is so true and correct, I’d like to break it down into small pieces because from a historical standpoint there is no comparison to where we are… View Article

7 Rules for Handling Rare Coins

Posted March 4, 2015

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. But if you want to make the most of… View Article