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This week, we’re reporting on one of the wackier gold scams that’s arisen amidst the recent gold buying frenzy: scammers in British Columbia have been trying to sell gold that was (allegedly) smuggled into the United States from Iraq, where it was (allegedly) first owned by Osama Bin Laden. These scammers operate in parking lots, […]
By Mike Finger June marks the beginning of summer – a season of beach vacations, garden bounties, and general disinterest in the market. It is well-known that precious metals and other commodities typically face malaise at this time of year as speculators unwind their trades and potential buyers spend their spare cash instead on hotel […]
One of the most important questions when buying precious metals can also be one of the most confusing: how much should you pay for gold and silver? Precious metals retail pricing is based on the spot price of the metal at the time of the sale plus the premium surcharge, which can vary drastically from […]
The Silver Institute has released its April newsletter. The publication has a handful of interesting articles about the latest technology in the silver industry, as well as new silver investment products on the market. Here’s a few of the highlights:
Gold bars might leave a big bruise, but who is really hurt by the ongoing trend of Eastern countries ditching their US dollar reserves in favor of gold? Enjoy. Get Peter Schiff’s latest gold market analysis – click here – for a free subscription to his exclusive weekly email updates. Interested in learning more about […]
Last month, gold made headlines as its price took a turn for the worse. At the beginning of April, gold sold at $1583 per ounce, but it caved to $1380 before finishing out the month at $1469. The forced sale of Cyprus’ gold reserves in the wake of the nation’s bankrputcy seems to have caused […]
Casey Research’s Gold Commentary By Bud Conrad How can we explain gold dropping into the $1,300 level in less than a week? Here are some of the factors:
Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15. Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold Interested in learning about […]
Argentinians Rushing to Gold Bloomberg – An escalating demand for gold in Argentina has exhausted the scrap stores of Banco de la Ciudad de Buenos Aires. Banco Ciudad became Argentina’s only gold trader after President Cristina Fernandez de Kirchner banned purchases of 99.99% pure gold for savings last July. To avoid this restriction, the bank […]
In a Forbes op/ed released today, Ralph Benko examines the growing popularity and mainstream acceptance of the gold standard “debate.” Economists who once derided the practicality of a gold standard are recognizing the importance of a serious discussion about returning to a sound money system. “Whether one supports it or opposes it, the gold standard […]
