Gold and Silver News & Headlines for October 29
New 49′ers seek California Gold
It’s the great new outdoor activity of our time. Prospecting for Gold.
3 men with gold confuse sheriff’s sale
Three men attempt to buy foreclosed properties with bags of gold and silver. The sheriff conducting the sale opines that the three men are “anarchists” engaging in “paper terrorism.”
The Coin Market As We See [...]
Premiums for 100 Ounce Silver Bars
There has been much recent coverage of the rising premiums being paid to purchase physical gold and silver bullion. This has been cited as a consequence of the extreme demand for precious metals and evidence of the growing disconnect between market prices and physical prices.
I decided to look at some data to calculate exactly what [...]
Gold and Silver News & Headlines for October 27
More linkworthy gold and silver news and headlines from various places around the internet.
Mints struggle to meet metals demand
Provides some specific insight into the Royal Canadian Mint. They have doubled their output twice in the last right weeks. Quote from a bullion dealer, “Now it’s 99 per cent buyers and one per cent sellers, and [...]
US Mint to Sell Final Inventory of 2008 Platinum Eagles & 1/10 oz. Gold Eagles
A few weeks back the US Mint announced that they would be taking unprecedented actions to deal with the demand for bullion coins. This included production halts for some bullion coins and limited production for others until existing blank inventories were depleted. Read the full US Mint memo with details of the actions.
Yesterday the following [...]
Gold and Silver News & Headlines for October 25
Links to some excellent gold and silver related stories and blog posts:
A Golden Opportunity?
In Russia, investing in gold is difficult and any profits are hampered by 18 VAT charged on bullion purchases. As an alternative, some turn to jewelry. Sales of gold jewelry have surged 50% in the past two months.
Why the Price of Gold [...]
