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 [...]
Perth Mint to Resume Gold & Silver Sales
Today the Perth Mint announced that it will resume taking orders for gold and silver bullion coins on January 12, 2009. Sales of bullion products have been suspended since November 22, making this a very lengthy suspension for a major world Mint.
Notably, sales will be resumed for a “streamlined range” of gold and silver products. [...]
Can the US Mint Handle Demand for the Ultra High Relief Gold Double Eagle?
For much of the year, the United States Mint has been touting the upcoming recreation of what they have called the “nation’s most beautiful coin.” Augustus Saint Gaudens’ design for the Ultra High Relief Gold Double Eagle will be recreated as a one ounce 24 karat gold coin available for sale to the public.
The Mint’s [...]
Perth Mint Suspends Gold Sales
Another major Mint has succumbed to the unrelenting demand for physical precious metals. Today the Perth Mint announced that they will be forced to cease taking orders until January.
Although the Perth Mint is based in Australia, they do approximately 80% of their business outside of Australia in North America, Europe, and Asia. Demand for their [...]
