NY Federal reserve launches CBDC “trial” on the heels of FTX collapse

central bank digital currency

Several weeks ago, the New York Federal Reserve quietly launched a 12 week long trial of a CBDC “digital dollar” pilot program in partnership with global banking giants like Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co. The NYFR describes the project as an attempt to test the feasibility of using … Read moreNY Federal reserve launches CBDC “trial” on the heels of FTX collapse

Is Owning Precious Metals Legal?

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On April 5, 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed the private ownership of gold by citizens.

For a duration lasting 41 years in the mid-20th century, the government made it a crime for the people to own, hold or transact in sound money.

Following the resignation of Nixon, one of the first laws signed by President Ford included a bill which reversed Roosevelt’s Executive Orders.

It has been legal for anyone to own, hoard, buy and sell gold in the United States since December 1, 1974.

US Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins

2021 American Eagle Coin Reverse Designs

The Unveiling of the New American Eagle Coin Designs New reverse designs for both the American Silver Eagle and the American Gold Eagle coins have just been unveiled by the United States Mint. These exciting new designs will be featured on collectible and bullion coins in 2021. The reverse or tails designs will be available … Read moreUS Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins

Which are the Best Gold Coins for Investment?

american gold eagle coin

It is a cycle that may seem familiar. Collapse of the housing sector, collapse of the stock market, bank runs and shutdowns. You may remember some of the symptoms leading up to the 2008 financial crisis. It’s looking similar this time around. The stock market drops and trillions of dollars in wealth vanishes into thin … Read moreWhich are the Best Gold Coins for Investment?

Top 4 Sovereign Gold Coins for Investing

american gold eagle coin

Uncertainty in the traditional investment markets brings a lot of interest in precious metals. Precious metals provide a stable investment and store of wealth when the stock market is wavering. Gold has always been looked at as a safe-haven way to hold onto wealth during an economic recession. Gold coins for investing are the best … Read moreTop 4 Sovereign Gold Coins for Investing

Five Gold Coins Under $300 Each

Precious Metals investors and enthusiast of all budgets are always on the lookout to add interesting, affordable and cheap gold coins to their portfolio. Investors with smaller budgets, or those new to precious metals may find the idea of spending close to $2,400 on a 1 oz Gold Coin daunting. So we’ve put together a … Read moreFive Gold Coins Under $300 Each

Compare Premiums to Determine Which Silver Dealer Has the Best Price

shipping silver bullion

When you buy silver and gold bullion from online dealers the pricing displayed on their websites can be confusing. It can sometimes be hard to tell if you’re getting a good deal or not. All bullion dealers, whether online or a local coins shop, price their bullion relative to the spot price of the precious … Read moreCompare Premiums to Determine Which Silver Dealer Has the Best Price