Court records show multiple money laundering schemes, including one in which a network of individuals posing as wholesale diamond, jewelry, and gold dealers used shell companies to move around $123 million through the bank.
This new depository not only enhances the security options available for precious metals storage in the Western United States but also brings additional employment opportunities to the Treasure Valley area. The opening of this depository reflects the growing demand for physical precious metals, driven by concerns over currency debasement and economic uncertainty.
The project encompasses more that 1,000 acres of land, including 360 acres from a local rancher and involves an open-pit mine that aims to extract 1 million ounces of gold and 248 million pounds of copper from high-grade mineralization deposit.
Traditionally minted in 22-carat gold, the British Gold Sovereign contains 91.67% pure gold and it is recognized as legal tender in throughout the United Kingdom, although its intrinsic value as an investment far exceeds its face value.
Both Florida and Indiana have recently passed laws banning the use of a central bank digital currency (CBDC) as money in those states.
These laws explicitly exclude a CBDC from the definition of money in Florida and Indiana, effectively banning its use as such in these states.
Back in 2021, the federal agents raided U.S. Private Vaults, a private vaulting and safe deposit box company located in Beverly Hills, CA under the suspicion that the owners of the company were involved in money laundering.
More than $86 million dollars in cash and millions of dollars worth of jewelry and other valuable personal items were seized from the rightful owners, most who are innocent of any crimes or wrongdoing.
After two years of legal battles, some customers have managed to recover roughly $25 million in cash taken by the government.
The Holiday Season has become a time to stack some extra precious metals near the end of the year. Putting some of your savings into a physical asset like silver, gold and platinum is a smart way to have some extra financial security with all the talk of a recession and other problems with the … Read more2022 Black Friday, Cyber Monday and other Holiday Bullion Deals
Known for creating highly desirable and sought after unique coins, the Royal Tudor Beasts is the latest collection from the Royal Mint. The Royal Mint is the official government mint of Great Britain. The Royal Tudor Beasts collection is based on the legend of Henry VIII and the Royal Beasts he kept in his Tudor … Read moreRoyal Tudor Beasts: 2022 Seymour Panther Begins the New Royal Mint Series
2009 20oz 20th Anniversary Austrian Gold Philharmonic CoinThe Gold Philharmonic coin was introduced in 1989 in 1 ozt and 1/4 ozt weights. To celebrate the coin’s 20th anniversary, the mint released a coin with a nominal face value of 2,000 euros, each weighing 20 troy oz. The coin was minted with a diameter of 74 … Read more2009 Austria Philharmonic 20 oz 20th Anniversary Gold coin
This year is the 100 year anniversary of the introduction of the Peace Dollar. In 1921 the US mint produced both the Morgan silver dollar and the Peace silver dollar coin. To commemorate the centennial the US Mint will be issuing both of these coins this year. The US Mint has announced that the new commemorative 2021 Morgan and Peace … Read more2021 Morgan and Peace Dollar Release Dates Announced