Zimbabwe has had a long history of economic instability. From 2004 until 2009 the country experienced five years of hyperinflation.
More than ten years later, the economy is Zimbabwe is still in shambles. The Zimbabwe dollar was reintroduced in 2019. More periods of high inflation quickly followed.
The US Mint releases proof finish versions of the American Eagle and American Buffalo coins each spring. The coins are meticulously minted to a mirror-like finish which highlights the astonishing details sculpted into each.
Resale premiums on proof finish coins are higher than bullion. Dealer Buyback prices are often a few percent above melt value for coins that are in mint state.
The notion of sales tax on precious metals investing is a contentious issue to some and represents a line in the sand between some legislators and investors. Despite the long history of gold and silver being recognized as money, many states continue to tax their citizens for the privilege of owning these metals.
The latest officially released figures estimate that 1.6 metric tons, the equivalent to 1,600 kilos of gold were included among the stolen stash.
Unofficially, some media in Canada also reports a large amount of cash was stolen in an unknown currency
It should come as no surprise that Donald Trump is a goldbug. His NYC apartment in Trump Tower was audaciously decorated entirely with marble and 24k gold.
The 101-page disclosure report, filed as part of his 2024 Presidential Campaign, shows that Trump still owns a substantial stack of physical gold.
First time customers can buy an Argor-Heraeus 10 gram Gold Bar at spot price which includes insurance and shipping. More details can also be found on the SD Bullion offer page.
The selection of government mint one gram gold bars available from online bullion dealers are minted are an excellent way to stack gold in fractional increments.
The dealer premiums for 1 gram bars can seem high when comparing them against a solid full ounce, however, they remain a practical options for incremental buying fractional gold.
The mines in Egypt’s Eastern Desert represent an incredible source of income for the country. Gold from the El Sukari mine is already being used to grow the Central Bank of Egypt’s reserves which have recently been reported to have increased to 125 tons of gold.
Switzerland has long been a mecca for finance, banking and precious metals. Although all of the country’s native metal deposits were mined long ago, some of the most renowned and legendary refiners are still operating there.
Brazil’s international dollar currency reserves lost over $37.5 billion in from 2021 in 2022 due in large part to lower returns amid the US Federal Reserve’s rate hikes and dollar manipulation. While the country’s central bank reported gold holdings are valued at roughly $7.602 billion.