Congress has ten legislative days to draft a budget. If there is an agreement, we will only have to wait until December for things to become interesting again, according to Treasury Secretary Jack Lew.
After remaining in a narrow range for most of 2015, the Dow Jones fell more than 1,000 points on Monday. “If things don’t settle down in China, we could have another ugly open tomorrow and you wouldn’t want to be … Continue reading
The current bear market in gold and silver miners is the worst Sprott Chairman Rick Rule has seen since the 1980s, and he believes the recovery with be “dramatic” changing with it the sentiment of the gold market. Sentiment all … Continue reading
click for full image The Kennedy half dollar, first minted in 1964, is a fifty-cent coin currently issued by the United States Mint. Intended as a memorial to the assassinated President John F. Kennedy, it was authorized by Congress just … Continue reading
One of our favorite coins is the Mexican Silver Libertad, because it is recognizable and beautiful. Mexico has a long history with silver. I was doing some reading recently when someone suggested I read an article about silver tourism in … Continue reading
Gold demand has picked up in La Jolla in recent weeks, with many old customers coming in for bullion deals. Rare coin buyers and sellers, as well, have come out as if portending of what could be a busy six … Continue reading
Nathaniel Popper’s Digital Gold talks about gold as if it is Bitcoin. Many bitcoiners say that Bitcoin is like digital gold. But there is osmething these bitcoiners are missing. Bitcoin is not digital gold. It is a nice analogy, but … Continue reading
The following chart uses an annual premium taken in January of each year, with the high and low premium taken from that 13 year span.
With The People’s Bank of China having tripled its gold stockpile since April 2009, the Bloomberg Intelligence estimates the nation’s gold stockpile to be 3,510 metric tonnes, second only to the United States’ 8,133.5 tons. That figure is nearly triple … Continue reading