Weekly Gold Price Recap: March 9 – March 13, 2015

Posted filed under Gold Prices.

Gold Price Recap

After appearing to hit a high point on Monday, the price of gold took a tumble throughout the course of the week, thanks to the ongoing trend of a stronger U.S. dollar. The bear market isn’t quite in full bore, however, especially considering how mild the slide is in comparison to February, and there is… Read more »

Weekly Gold Price Recap: March 2 – March 6, 2015

Posted filed under Gold Prices.

Gold Price Recap

The European market was the biggest influence in the price of gold over the month of February, and the week ending on the 27th was no exception. This week, the Ukraine situation, the “Grexit,” and Russian mining all contributed to a short drop and a strong rebound, with gold closing out the week at $1,212… Read more »

Priceless Ancient Coin Collection Found in University Library

Posted filed under Coin News.

ancient-roman-gold-coin

Staff at the University at Buffalo Library just discovered dozens of silver and gold coins, The Buffalo News reports. The coins, which range in date from the fifth century B.C. to the late first century A.D. and feature gods and rulers, were struck in the Greek and Roman Empires. The 40 silver Greek coins, three… Read more »

Survey Says: Dollar may not be the Top Dog Much Longer

Posted filed under Financial News.

chinese-and-us-dollar

Over the last few months, speculation has slowly turned to fact, as reports about China and Russia’s desires to see the U.S. dollar dethroned as the world’s reserve currency have proved to be true. China has even gone so far as to call for the “de-Americanization” of the world in its attempts to push its… Read more »

Weekly Gold Price Recap: February 23 – February 27, 2015

Posted filed under Gold Prices.

Gold Price Recap

Open: $1,203.50 | Close: $1,212.80 | High: $1,219.50 | Low: $1,193.50 Gold stayed fairly steady on Monday, Wednesday and Thursday this week, with a sharp drop and recovery on Tuesday, ending the week with an increase on Friday. The market opened with an agreement between the EU and Greece on the debt deal and closed… Read more »

Russia and China Announce that they have been selling U.S. Treasuries

Posted filed under Financial News.

russian-and-china-selling-us-treasuries

Russia and China have not been secretive about their desire to see the U.S. dollar removed as the world’s reserve currency. In fact, this week the BRIC nations (Brazil, Russia, India, and China) will be gathering in Russia’s Urals city of Yekaterinburg for their annual talks. Experts feel that the main topic of discussion will… Read more »