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.
Precious Metals
Is It Time To Sell Silver?
Deciding when to sell your silver holdings, whether in the form of coins, bullion, ETFs or other forms of precious metal, is one of the most challenging aspects of investing in silver. The market for silver can be volatile, and predicting future prices is inherently uncertain. Whether you are just starting or have been a … Read moreIs It Time To Sell Silver?
Numerous Criminal Convictions Proves Precious Metals Price Manipulation
As controversy and scandal continues to plague the LBMA and banks affiliated with the bullion trading cartel, the Eurasian Alliance is pushing for the creation of a new bullion trading system that offers a new pricing infrastructure to help facilitate emerging markets. The most recent scandal at the LBMA includes the criminal conviction of former … Read moreNumerous Criminal Convictions Proves Precious Metals Price Manipulation
JP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme
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
More States Vote to Remove Sales Tax from Precious Metals
Sales tax on precious metals continues to be a contentious issue and more states are considering legislation to remove retail sales tax on gold and silver.
JP Morgan Chase Paid $920 Billion Fine in Precious Metals Fraud Scheme Spanning 10 Years
In 2020, JP Morgan Chase admitted that it scammed precious metals investors of billions of dollars by rigging the markets for more than ten years. To avoid prosecution, the company agreed to pay almost $1 billion in fines for schemes related to defrauding precious metals futures exchanges and US Treasuries. Rumors and speculation have circulated … Read moreJP Morgan Chase Paid $920 Billion Fine in Precious Metals Fraud Scheme Spanning 10 Years
What is OneGold?
OneGold is a partnership between two of the world’s most notable precious metals businesses, APMEX and Sprott. OneGold is a new company that is trying to make precious metals ownership easy, convenient, and secure by offering new ways of investing in physical precious metals. OneGold allows for incremental purchases of gold and silver bullion with a … Read moreWhat is OneGold?
Gold Jewelry as an Investment – 24k Gold Jewelry
Just as with other forms of precious metals, such as coins, bars and rounds, investing in 24k gold jewelry makes practical sense. Jewelry made from 24k gold makes an excellent store of wealth. The value of the jewelry is not diluted by outrageous retail markups and the use of alloys to reduce the purity.
Anyone crossing international borders is required to declare any financial instruments valued at over $10,000. Jewelry made from 24k gold isn’t a financial instrument and in most cases does not need to be declared when traveling internationally. It’s possible that an individual could carry more than $10,000 worth of 24k gold jewelry while traveling.
How to Compare Silver & Gold Premiums and Find the Dealer with the Best Price
Learn how bullion dealer premiums work, what drives them, and how to compare premiums across dealers to find the lowest price on silver and gold coins, bars, and rounds.
US Mint Authorized Wholesale Purchasers
Unlike other world mints, the United States Mint does not sell its bullion coins directly to the public. Instead, the coins are distributed through a network of official distributors called Authorized Purchasers. The Authorized Purchasers then create a two-way market by buying and selling to precious metal wholesalers, retail dealers, and private investors. In the … Read moreUS Mint Authorized Wholesale Purchasers