Visualizing the Commercial Real Estate Crisis
In his testimony before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell told Senators that there will be bank failures resulting from the commercial real estate crisis.
News
Breaking news from the precious metals industry. Gold, silver and platinum group mining, refineries and refining technologies, minting and distribution.
News and information about the global drivers of prices in the precious metals markets. Including central banks, interest rates, industrial manufacturing, electronics and investors.
Portfolio Diversity: Platinum Investment Coins
Many investors may have some exposure to silver and gold, and now may be a good time to consider diversifying into other precious metals such as platinum.
PAMP Suisse Installs Solar Panels Installs at its Castel San Pietro Refinery to Accelerate Supply of Renewable Energy
The Switzerland based refinery’s solar installation covers an area of more than 2000 square meters with an annual production of around 519.7 MWh of electricity. This has helped the company reduce CO2 emissions by 41%.
BLM Proposes Updates to Western Solar Plan
The Biden administration has updated the plan, with several proposed options that would divert anywhere from 8 million to up to 55 million acres of public lands across 11 Western states to be made available for solar energy.
Silver buyers reporting issues with sales tax and order cancellations with Walmart
Sales tax on precious metals is a complicated patchwork of outdated state laws that has created problems for online retailers since the 2018 South Dakota v. Wayfair decision.
PAMP Suisse and Activision Collaborate on Gold and Silver Bars to Celebrate 20th Anniversary of Call of Duty Modern Warfare III
To celebrate the 20th Anniversary of the Call of Duty video game franchise, Activision has partnered with PAMP Suisse to develop a line of limited edition silver and gold bars featuring the imagery from the game.
A-Mark to Acquire LPM Group Limited
The acquisition price for all assets is reported to be $41.5 million, consisting of $37.5 million in cash and $4.0 million of A-Mark common stock with an additional $37.5 million in cash incentives.
World Gold Coins Buying Guide
Fractional gold coins are one of the easiest and most affordable ways to buy gold coins. However, modern fractional gold coin premiums can seem extremely high relative to their full troy ounce counterparts.
Fractional gold coins have been circulated as currency for hundreds of years. As a result there are many different vintage fractional gold coins available that carry a lower premium than their modern equivalents.
Zimbabwe Takes Steps to Move Towards a Gold Standard
Currently, the Zimbabwe gold-backed digital currency that was introduced in 2023, is in use as legal tender and a store of value alongside the Zimbabwean dollar and bond notes. According to state-owned media reports, the country’s central bank currently holds roughly 793kgs of gold in reserves valued at roughly $49 million at the current price with plans to grow reserves to around $100m.
Costco Adds Canadian Maple Leaf Coins to their Lineup
Costco’s decision to sell precious metals is being viewed as a strategic way to tap into niche markets while exposing precious metals as store of value and wealth to their diverse customer base.
Costco’s venture into selling precious metals is helping to set a new retail trend that blurs the lines between everyday shopping and investing.