News Articles

Officers of the Professional Numismatists Guild (PNG) have selected Barry Stuppler to be the organization’s President for the 2017 – 2019 term. Stuppler was selected during the PNG Board of Directors meeting in Denver, Colorado on July 30, 2017 . . . .

Starting in September, the U.S. Mint will be issuing its first American Eagle bullion coin struck in .9995 fine palladium . . . .

Gold held steady today in Asian and European trading and was flat for the week, consolidating near the $1,270 per ounce level and the 2.5% gain seen in July. It remains close to a seven-week high hit this week, as the dollar remains weak and vulnerable near multi-month lows after five consecutive months of declines . . . .

Gold bar and investment coin demand is up 11% year-on-year . . . .

Gold prices rose to a seven-week high on Tuesday, after U.S. economic data showed lukewarm inflation and nearly flat consumer spending, raising the question of whether the Federal Reserve will raise interest rates in the coming months . . . .

One of the big stories missing in the mainstream media this year is the fact that gold is up nearly 10% while the bulk of all other commodities are down – often by 10% or more . . . .

Rising demand for silver in two of the world’s largest consumers, China and India, since the beginning of this year is seen raising hopes of a better price performance for the metal . . . .

It looks like the worst is behind us. The flash crash from the 7^th of July, cleared few stop loss orders for sure and many buyers were kicked out of the market . . . .

Not only are the Turks buying more gold at a substantially more aggressive pace than the Russians adding 950,000 ounces of the yellow metal in just three months, the purchases are also much more meaningful when you look at the bigger picture . . . .

Unlike the other big central bank buyer of gold, China, Russia is continuing to add to its gold reserves and reporting its increases . . . .