FindBullionPrices.com The direct to consumer division of A-Mark Precious Metals, JM Bullion, finalized the acquisition of competitor BGASC on October 25, 2022. Established in 2012, BGASC had more than 120,000 customers and more than $200 million in annual revenue. BGASC’s assets include the website, domain name, trademarks, logos, customer list, and all intellectual property. JMB will … Read moreA-Mark/JM Bullion Finalizes the Acquisition of BGASC
Government-issued gold coins have been a mainstay in the global economy and international trade since colonial times
As expected, the Federal Open Market Committee hiked the benchmark interest rate by 3/4 of a percentage point at the end of their two day meeting. Ongoing failed attempts by the Biden administration and Congress to get worries about the economy and a recession out of the minds of voters leading into the mid-term elections … Read moreFederal Reserve Votes to Raise Key Interest Rate .75%
Top CEO’s of major global companies including JP Morgan, FedEx and others are sounding alarm bells as a warning to investors and shareholders of the tsunami of financial woes ahead. Shares of FedEx sunk more than 20% following an announcement to expect lower earnings combined with a bleak forecast of a softening of global shipping … Read moreTop CEOs Issue Warning to Prepare to a Recession
As controversy and scandal continues to plague the LBMA and banks affiliated with the bullion trading cartel, the Eurasian Alliance is pushing for the creation of a new bullion trading system that offers a new pricing infrastructure to help facilitate emerging markets. The most recent scandal at the LBMA includes the criminal conviction of former … Read moreNumerous Criminal Convictions Proves Precious Metals Price Manipulation
On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC
throughout the mid to late 20th century, a tremendous amount of wealth was stollen from the US citizens and delivered to corporations and their executives.
Gold reserves are a key component of central banking and are pivotal to the backing of and supporting a country’s currency, both for its domestic economy and foreign trade. For decades, Russia has been increasing their gold reserves and central bank holdings. The reported amounts of gold held in reserves have varied depending on the … Read moreMoscow World Standard Driven by Corruption in the LBMA
Earlier this year the government of Zimbabwe released a one troy ounce gold coin as a tool for the Central Bank to help keep inflation under control. For many years the Zimbabwe economy has not only been the butt of many jokes, it has served as a very public example of how rampant and out … Read moreZimbabwe to Issue Gold Coins in New Weight and Currency Denominations
The Justice Department’s multi-year investigation has resulted in the convictions of two key leaders from the Precious Metals Trading Desk at JP Morgan Chase in a long running manipulation scheme. A jury convicted the two defendants, Michael Nowak and Gregg Smith, of wire fraud, attempted price manipulation, commodities fraud, and price spoofing involving a scheme … Read moreJP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme