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
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a small commission. More information about our affiliate programs can be found here. eBay launched a new eBay Bucks promo offering 5% cash back on eligible purchases. Bullion is an excluded category. Silver & Gold … Read moreeBay Bucks 5% Cash Back When you Buy Gold Coins
A new design of The Chinese Panda coin is released annually. The Panda Bullion Coin represents China in the global bullion market. The Chinese Panda coin has been minted by The People’s Bank of China, since 1982. The design of the reverse changes annually as is adorned by depictions of the Panda Bear, a national … Read more2022 Chinese Panda Coin Now Available in Silver & Gold
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.
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
The 20 Francs Gold Coin began as a French coin in the 1800s during the First Empire.
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?
The American Gold Eagle is minted annually by the US Mint to provide precious metals investors with a trusted store of value. Historical mintage charts highlight periods of strong consumer demand for bullion investments, which can be an indicator of the state of the economy and general investment priorities.