China’s Long-Term Plan to Impact Gold Pricing

Posted filed under Gold Prices.

china-gold-pricing

Rumors of China’s intention to be actively involved in gold price fixing have been confirmed by the recent actions of a number of Chinese banks and lenders. In June, Bank of China joined the London Bullion Market Association, a group of banks that set the twice-daily gold price. (The traditional London Gold Fix was replaced… Read more »

4 Notable Chief Engravers of the United States Mint

Posted filed under Consultants Corner.

us-coin-engravers Numismatic enthusiasts will enjoy learning about some notable contributions from past Chief Engravers of the United States Mint. The 20th century saw a renaissance of American money as the artisanship of gold and silver coins reached new heights. During each era of money printing, the best metal engravers dedicated themselves to their craft and the… Read more »

Price of Gold Weekly Recap: August 3 – August 7, 2015

Posted filed under Gold Prices.

gold-price-recap

The price of gold opened August in a similar way that it ended July—pressed downward under the pressure of a stronger dollar. July’s lowest gold price was $1,077, the lowest in five-and-a-half years; the beginning of August saw prices around $1,087. Market forces acting on the yellow metal at the beginning of the week were… Read more »

Ron Paul Warns of Coming Turmoil in the Financial Markets

Posted filed under Videos.

economic-turmoil

Recently, Ron Paul took to the internet air waves to give his report and viewpoint on the state of the U.S. and world economies. It is fair to say that he is not optimistic and he shared several reasons why. Dr. Paul also pointed out a number of signs to look for that could very… Read more »

Price of Gold Weekly Recap: July 27 – July 31, 2015

Posted filed under Gold Prices.

gold-price-recap

If slow and steady wins the race, then gold needs a kick in the pants to get up to slow and steady status. The precious metal closed out the month of July with one of the absolute worst monthly performances in its history, having lost over one hundred dollars per ounce, nearly ten percent of total… Read more »

IMF Considers Adding Chinese Yuan As International Reserve Currency

Posted filed under Gold Prices.

china-currency-imf-reserve

With world currencies bouncing back and forth, it can be difficult to decide where to invest, especially with China making moves to make the yuan an International Monetary Fund (IMF) reserve currency and set up a new physical gold price mechanism. Will the dollar fall if the yuan becomes a new reserve currency with the… Read more »