Silver Eagle Sales Down Year over Year in January
Slowing demand likely caused by excessive premiums resulting from last year’s supply chain and production problems
Transitioning to Gold Backed Digital Currencies for Trade Settlements
The global economy is shifting back towards some form of a gold standard while the Federal Reserve is piloting various CBDC projects, new legislation introduced in Congress to block the Fed from issuing individual accounts
Gold’s Return to the Economy
Some see the rise in demand by central banks buying gold as a signal that countries that have been bullied by Western economic policies as being eager for an alternative system that will create a more equitable system and fairer monetary standard.
Central Bank Gold Buying Spree Sets Records
Having a sizable store of central bank gold provides stability for a nation’s fiat currency, and gives confidence to foreign trading partners
Cheaper Alternatives to Silver Eagles
Smart, lower silver premium alternatives to help lower dollar-cost average
Silver Mining Dominated by Mexico, China and Peru in 2022
Preliminary data shows that silver mine output increased by 4% global last year.
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.
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.
Which dealers sell silver at spot price deals?
Silver spot price deals are an incentive for new customers to buy silver from a dealer that they may not have bought from before.
Smaller dealers that offer a silver at spot price deals use it as a way to earn the trust of a new customer. Showing a new customer the quality of their customer service, allows the dealer the opportunity to contact that customer after the first transaction to show the customer that they offer better pricing than the big guys.
2023 King Charles Britannia
The official coronation of King Charles will occur in May. The Royal Mint is releasing new coin designs to celebrate this historic event and transition. The Type 2 design for the 2023 Britannia features a newly sculpted portrait of His Majesty King Charles III.
Commonwealth countries will likely be following the lead and updating their coins.