Everyone knows how in 1980 gold hit $850oz. But few recall that same year, silver hit $50oz.!!!! While gold has long surpassed its 1980 price, silver would have to more than double,...and there lays opportunity!
Gold ticked higher on Monday, trading less than $10 shy of last week's record high, underpinned by worries about the global economy after the G20 summit and U.S. comments that Iran has fissile material for two atomic bombs.
A Spanish precious metals trading company bought the world's largest gold coin for 3.27 million euros (3 million pounds), its exact material worth, from the estate of an insolvent investment firm at a rare auction in Vienna on Friday.
Gold bullion came just short of its all-time high and U.S. gold futures ran up to their highest close ever on Thursday on both concern over Europe's credit problems and downbeat U.S. data which encouraged a fresh sweep into safe-haven assets.
This book is the only book ever written specificially on the subject of junk coins. Along with an introduction to the why's and how's of buying junk coins it includes data from nearly 100 countries on thousands of coins from around the world.
As a reminder to readers – Section 2 of Roosevelt’s Act read as follows: All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System
It is fairly typical in the midst of economic crises like these for gold to come under attack from Keynesians economists and their amen corner in the media. The arguments against gold are usually straw men, based on a fundamental misunderstanding of
Gold hit a record dollar high above $1,250 an ounce and new peaks in other currencies on Tuesday as concern over Europe's economic outlook lifted risk aversion, reversing early gains for the euro and stock markets.
The failure this past week of these manipulation efforts is a huge signal that we are closer to the day when the floodgates will give way and we see gold and silver prices surging more quickly and by greater percentages.
Whereas gold is seen as a store of value and a hedge against economic Armageddon, what some call "Dr. Copper" is said to be the metal with a Ph.D. in economics for its ability to presage the future of the global economy.
European investors panic buying bullion as crumbling faith in fiat money leads to unlimited demand for precious metal
Can you still buy a sports car for $10,000? We bought our first real automobile for $78. It was a ’37 Plymouth. Beautiful car. All original. And it ran well…for a while. We were only 16. We didn’t have a driver’s license yet, but we were getting read
Spot gold in London surged to above $1,230 a troy ounce, surpassing the previous record set in December last year.