As there has never been an approved full audit of the contents of Fort Knox, the exact contents cannot be verified. However, as of October 31,2014 according to the U.S. Department of the Treasury’s “Status Report of U.S. Treasury-Owned Gold” there are 258,641,878.074 million troy ounces of gold. If the U.S. Treasury’s accounting is correct […]
Last week looked much better for precious metals than the two that went before, with every price managing to rise except palladium and rhodium, and silver doing particularly well. The gains made weren’t enough to fully recover from recent losses but they did make up a big chunk of it and shifted the sector in […]
One of the main appeals to investing in precious metals is that the product is physical – you can actually hold the silver or gold that you are buying. This is unlike paper money that is easy to print by counterfeiters as well as the government. Precious metals, because of their physical nature (size, and […]
On the face of it last week was another disappointing week for precious metals, with four of the five key prices falling again and the last one staying static. It wasn’t quite as bad as the week before, though – none of the losses were as large, and starting Wednesday there were some signs of […]
One of the easiest ways to invest in silver is by collecting “junk silver.” This is the common term for any circulation U.S. coinage that was minted prior to 1965. Most pre-1965 coins are made of 90% silver, hence the term. If you’re unfamiliar with this topic, check out our article on JUNK SILVER. Other […]
In another sign of continuing volatility, last week saw every single major precious metal take a dive – some of them dramatic. Unusually this all happened against a background of falling equities markets and a static oil price; the conditions should have been right for some good performances from metals, especially gold and silver which […]
We’re offering the wildly popular Birds Of Prey Series from the Royal Canadian Mint for only $2.99 per coin over spot. – any quantity! Each coin features a different bird and have become a highly sought after coin. With a limited mintage, these coins are set to run out so get your hands on […]
For the first time in U.S. Mint history, there has been 2 edge varieties struck for the 1/10th ounce American Gold Eagles. The two edge varieties are “Wide Reeds” and “Narrow Reeds.” The wide reed variety is the standard reeded edge pattern that has been on American Gold Eagles since 1986. The new variety that […]
Coins come in a variety of different types and grades. Circulated coins are the common coins you’ll have rolling around in your pockets or purses and are used on a daily basis to purchase goods. Uncirculated coins are produced the same way as circulated coins, but they have never been put to use or into […]
Last week was a more positive one for precious metals, with only rhodium losing value and all the other major commodities making at least some gains. Overall market conditions are still highly volatile and we’ve seen all the prices switch between up and down movements this year; no long-term trends are clear at the moment. […]
Last week wasn’t a good one for the precious metals market, a fact which didn’t surprise many analysts. With the Eurozone’s latest Greek debt crisis switching attention to bonds and currency speculation and the equities market performing reasonably well demand for bullion as an investment as bound to be low, and that’s how it turned […]
Most people don’t understand the amount of labor it takes to create a single silver coin, round or bar. This knowledge often goes hand-in-hand with why people don’t understand that they can’t buy a silver or gold coin for the spot price without any premiums. In this article we are going to discuss how a […]
Last week was more mixed for precious metals than the one before, with no clear trend across the market; some prices rose well, some dropped and not all of them did either. It’s not easy to pick out any clear message from the week’s activity but overall it left us feeling quite positive, especially for […]
1 ounce Silver Buffalo Rounds are on sale for just 99¢ over spot per round – any quantity! These coins feature the iconic Buffalo Nickel design and contain 1 troy ounce of pure .999 fine silver. Orders in increments of 20 will come packaged in sealed mint tubes. Increments of 500 will be packaged in […]
Coin grading companies such as PCGS and NGC have been labeling coins “First Strike” for a while now and we get many collectors asking us what this designation means. There’s a lot of funny information out there and in this article we’re going to dispel the rumors and get right to what exactly the “First […]
Coin collectors always have one eye on the bullion value of their coins and may also directly collect bullion in the form of gold, silver and platinum coins and bars. The last few weeks have been turbulent times indeed for all kinds of investors. Cryptocurrencies collapsed, and now seem to be reviving, thanks in part […]
Gold & Silver Market 11-23-2015
The precious metals sector was confusing last week, with a mixed bag of performances and no clear pattern visible. The two big investment items, gold and silver, didn’t show a lot of movement. Neither did platinum, while palladium managed to rise. With the equities markets also rising quite strongly, propelled mostly by gains in defense […]
Gold & Silver Market 11-17-2015
Once again there were disappointing results right across the precious metals sector last week, although the scale of losses varied. Overall it was a worrying period, because metals managed to lose ground even though the equities markets fell heavily. Normally we’d have expected to see metals make a lot of ground in these market conditions, […]
Connect
Join Us On These Networks