Gold and Silver Eagle Shortage Becomes Surplus
For countless months, authorized purchasers of US Mint gold and bullion coins have been subject to a rationing process, which limited the number of coins they could purchase. The rationing program had been put into place after the demand for gold and silver coins exceeded the US Mint’s ability to supply them. In a few [...]
Gold Dispensing ATMs, Hedge Funds Buy Gold, World Gold Production
With gold now reaching it’s highest price of the year, gold related stories seem to be popping up in more places. Here are a few gold related articles and blog posts from the past week that are worth the read.
German firm plans gold ATMs to meet growing demand
It seems like other countries are always creating [...]
Coming Soon: Rhodium Bullion Coins
Rhodium is a member of the platinum metals group. It is silvery white in appearance and highly reflective. It has been used as a finish for jewelry and mirrors, electric connections in aircraft turbine engines, in catalytic converters of automobiles, and in alloys with platinum and palladium. Rhodium is known as one of the most [...]
Gold and Silver Paper and Physical Markets Realign
Late last year and early this year, a continual observation of the gold and silver markets was the disconnect between the prices quoted on paper markets and the prices that you would actually need to pay to buy physical precious metals. In the past few weeks premiums for physical gold and silver have declined as [...]
US Mint Bullion Sales for April 2009
The US Mint’s bullion sales figures for April 2009 remained robust. The amount of gold bullion sold during the month was the highest of the year. Silver bullion sold was the second highest figure for the year. Once again, the US Mint did not sell any platinum bullion coins. This offering has been delayed with [...]
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