Russia Deals Major Blow to the Petrodollar

Posted filed under Consultants Corner.

crumpled dollar

It is no secret that Russia and China would like to see a world without the U.S. dollar holding the position of reserve currency. In this capacity, the dollar acts as the “petrodollar,” meaning that it is the only currency in which oil can be purchased. Most experts could not foresee a time in the… Read more »

WGC Releases Gold Demand Trends Report for Second Quarter of 2014

Posted filed under Precious Metals News.

World Gold Council

The London-based World Gold Council (WGC) provides the latest data and analysis in the global gold market. They have offices in New York, Shanghai, Hong Kong, Tokyo, and many other major financial centers around the world. As a highly-respected organization, the WGC consults with governments about gold markets and offers insight and advice to mining… Read more »

Buy The 2014 Baseball Hall of Fame Curved Silver Dollar

Posted filed under Coin News.

2014-baseball-hof-silver-dollar-frontback

The First Curved Coin Made By The U.S. Mint Earlier this year, the U.S. Mint collaborated with the National Baseball Hall of Fame and Museum to produce the 2014 National Baseball Hall of Fame silver dollar (as well as both a gold & a clad half-dollar). These coins were created to commemorate the Hall of… Read more »

Gold Investors on Stand-By

Posted filed under Precious Metals News.

Liberty Five Dollar Gold Coins

Gold prices finished below $1,300 an ounce on Tuesday, hitting a final price of $1,295.20. Positive economic news, including better-than-expected U.S. housing data, and rally of the U.S. dollar index to an 11-month high, drove investors back to the stock market. There are still a number of conflicts worldwide that are keeping investors in gold… Read more »

More Risk Means Lower Gold

Posted filed under Precious Metals News.

Precious Metals Bars and Coins

Gold prices started lower on Friday as investors have been eyeing riskier investments lately. The second half of the week saw rallies in the stock market, with the NASDAQ and S&P getting back near their highs from July. The dip in the market tempted investors and they left their safe-haven investments, like gold and silver,… Read more »