US Mint Struggles while Perth & the Royal Mint Shine
Both the Perth Mint and the Royal Mint have announced huge increases in year over year sales of precious metals.
US Mint
BRICS, Central Bank Gold and Oil
Days after Nixon resigned in 1974, President Ford signed legislation reversing Roosevelt’s executive order banning private gold ownership.
Modern History of Silver Coins in the US Economy
Precious metals coins have been found by archaeologists and historians that date back thousands of years. Historians and archaeologists from around the world have unearthed precious metal coins from cultures that vanished long ago. Many notable examples from China, India, Ancient Greece and Egypt are on display in museums. Silver, Gold and other precious metals … Read moreModern History of Silver Coins in the US Economy
NY Federal reserve launches CBDC “trial” on the heels of FTX collapse
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
A-Mark/JM Bullion acquires BGASC
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
What Is COMEX?
COMEX is a commodities futures exchange where the supply of future raw materials and other goods is traded for delivery in the future. Highlights COMEX is an electronic trading platform that allows investors and brokers to trade futures contracts on a variety of consumable resources, both man-made and natural. Oil, pork bellies, orange juice and … Read moreWhat Is COMEX?
Is Owning Precious Metals Legal?
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.
American Silver Eagle Mintage History
The American Silver Eagle Coin was created by the US Mint in 1986 to encourage the private ownership of precious metals. Learn more about American Silver Eagle coin mintage totals from 1986 to present day.
2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary
End of World War II 75th Anniversary American Eagle Silver Proof Coin The most anticipated coin release in recent time was last years’ 2019-S Reverse Proof American Silver Eagle coin. With only 30,000 coins minted, the coin was sold out in minutes from the US Mint website. Many of those that were lucky enough to … Read more2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary
US Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins
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