Astroid Mining Company Prepares to Launch Demo Refinery this Spring
While SpaceX is currently the leading company in commoditizing space travel, a new startup is preparing to launch a prototype demonstration outer space refinery.
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.
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.
Gold Price Jumps on CPI Report
The latest report shows modest slowing of inflation in December, with the index showing that overall prices increased roughly 6.5%.
Gold Price Spikes to 6 Month High at Start of Year
Miners are expecting bullish returns in 2023 as they expect the gold prices to catch up with inflation.
Prepping with Silver
Not long ago, the idea of prepping, and having the tools to survive in the event of a disaster seamed pretty far fetched.
New Global Gold Standard Emerging from Recession
The Bretton Woods Accord led to the dollar emerging as a reserve currency.
Following World War II, the US had the largest gold reserves.
Bretton Woods provided fixed gold prices that was pegged to the USD making it the central spoke for trade.
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.
Tokenizing Gold Bullion Bars with Blockchain Technology
Public trust in government central banks and global banks continues to erode as the world economy staggers to recover from issues caused by the pandemic response. Many central banks have begun working on CBDC projects as a means of implementing programmable and controllable currencies even though popular opinion opposes the implementation of the G7, WEF … Read moreTokenizing Gold Bullion Bars with Blockchain Technology
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
Weekly Precious Metals News and Gold Prices
Gold, Silver and Platinum began trading higher in the lead up to the midterm elections. There continues to be controversy surrounding the counting of votes in some states and precincts. Most mainstream media outlets have confirmed that the balance of power in the House of Representatives will shift across the aisle to the Republican party. … Read moreWeekly Precious Metals News and Gold Prices