News Articles

It is widely known as a safe haven, but gold bullion is a relatively small market with the above ground value of gold estimated at around $7trn. 

Global stock markets are a sea of red raising gold’s appeal as a safe haven investment yet again.

You wake up in the morning, turn on the news, and get a sick feeling in your stomach...

Second-quarter regulatory filings show that Stanley Druckenmiller, the famed hedge fund manager, just placed more than $323 million of his own money into a gold ETF, at a time when sentiment toward the yellow metal is in the basement.

The thrust of the article is that China, at some point, will have to revalue gold in China; which means, in other words, that China will decide to devalue the Yuan against gold. Since "mainstream economics" holds that gold is no longer important in world business, such a measure might be regarded as just an idiosyncrasy of Chinese thinking, and not politically . . . .

July 2015 was the strongest month of U.S. Mint gold American Eagle bullion sales since April 2013 . . . .

Depressed prices have led to the usual market response, a surge in physical demand for coins and bars globally. This is confirmed in conversations we have had with our refiner and mint partners in recent days . . . .

Since around mid-June, gold prices have come under substantial selling pressure. One of the main drivers behind this fall has been the on-going debate about interest rates . . . .

Ultra-loose monetary policy and lower currency value necessary for debt-hit European countries undergoing painful austerity process . . . .

The United States Mint plans to resume sales to its authorized purchasers July 27 of American Eagle silver bullion coins, three weeks after sales were suspended so depleted inventory could be replenished . . . .