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
It is a cycle that may seem familiar. Collapse of the housing sector, collapse of the stock market, bank runs and shutdowns. You may remember some of the symptoms leading up to the 2008 financial crisis. It’s looking similar this time around. The stock market drops and trillions of dollars in wealth vanishes into thin … Read moreWhich are the Best Gold Coins for Investment?
Uncertainty in the traditional investment markets brings a lot of interest in precious metals. Precious metals provide a stable investment and store of wealth when the stock market is wavering. Gold has always been looked at as a safe-haven way to hold onto wealth during an economic recession. Gold coins for investing are the best … Read moreTop 4 Sovereign Gold Coins for Investing
According to sales data released by the U.S. Mint this week, sales of both American Silver Eagle (ASE) and American Gold Eagle (AGE) coins were down in 2018. According to sales data, the U.S. Mint sold 245,500 ounces of Gold Eagle bullion coins during 2018. This was down from 302,500 ounces in 2017 and 985,000 in 2016. Silver … Read moreSales of American Eagle gold and silver coins drop to 11 year low
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 and private investors. In the United States, … Read moreUS Mint Authorized Wholesale Purchasers
The gold bullion price per ounce has fallen by around 5% since the beginning of June. The current gold spot price is down by over $120 a ounce since hitting a high of $1362.40 in January. As the price of gold has gone down the demand for the shiny metal continues to grow. In June … Read moreGold bullion price lower, Stronger gold sales for US Mint
Gold prices fell throughout the month of May. The price of gold per ounce at the start of June was down close to 1%. As the price of gold has continued to fall investor demand for American Gold Eagles has surged. The US Mint reported that Gold Eagle sales in May were the highest since … Read moreGold prices lower, sales of gold bullion surge