December 6, 2023

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 It

A market report from Legend Numismatics. The last section is of interest. Would be buyers of gold bullion are increasingly turning to generic gold coins instead, meaning semi-collectible coins such Gold Double Eagles from the early 1900’s.

New policy on purchase and sale of silver Libertad coins

A new policy from a Mexican bank with over 800 branches. They will raise their re-purhcase price for silver coins to align with the re-sale prices and try to match public supply and public demand. Basically, they will establish a price for silver based on actual market forces rather than Comex prices.

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