News Articles

Texas Bullion Depository is open for business, the nation’s first state-administered precious metals storage facility open to the public, where all U.S. citizens can store their gold and silver bullion . . . .

As the world continues to see economic improvements, Gold and silver are relegated to an after-thought by investors . . . .

Silver is likely to reach $18.50 an ounce in third quarter of 2018, and maybe even hit 2016 highs of $21.50 an ounce by the four quarter, based on . . . .

Countries around the world are working to find ways to circumvent the US dollar when it comes to trade and settlement. In addition to that, nations are requesting for their gold holdings stored overseas to return home . . . .

With China’s strong economic growth in the first quarter of this year, jewelry demand in that country also increased, but platinum jeweler demand lagged behind other jewelry segments owing to a lack in innovative product and market-wide marketing support, says Platinum Guild International . . . .

There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony . . . .

Next week is the two-day FOMC meeting followed by a press conference. Presumably there will be a 25-basis point rate “hike” on Wednesday, June 13th at 2:00 p.m. EST . . . .

What does it Indicate?

Global trade war very positive for gold . . . .

The country’s gold and jewelry market has endured a sales slump following the introduction of value added tax . . . .