Bullion

Gold and Religion have always been symbolically linked in countless civilizations from antiquity to the present day. From religious artwork to religious symbolism, gold is unique among metals in being central to many of the world’s religions, and gold has long been associated with the divine sphere . . . .

Gold aficionados may remember Graham Birch who managed the Blackrock Gold and General Fund in its glory days before he gave it up to go farming – someone who got his timing spot on.  But although he may now be a farmer, Graham has kept closely attuned to the gold sector and his views are well worth listening to – particularly with respect to gold bullion . . . .

Last week Russia’s Central Bank First Deputy Governor Sergei Shvetsov said Russians own gold bullion and their central bank is adding to its gold reserves in order to “beef up national security" . . . .

Beginning in November of 2017, the APMD will begin offering specially minted one-ounce .999 fine silver bullion rounds to collectors and investors . . . .

Bullion is often used as a safe haven in times of geopolitical and economic uncertainty, while riskier assets such as equities are generally sold off . . . .

The Central Bank of Russia has recently been buying bullion at an unprecedented pace. According to Argentine financial expert Gabriel Rubinstein, this policy is aimed at protecting the Russian economy in the event of crisis situations, including against dollar-related "manipulations" by the US . . . .

According to GJEPC data, the gold bar imports by the country jumped higher by nearly 40% in August this year . . . .

If winning the Power Ball is ever in your fortune, don’t forget to invest at least 10% of that into gold, but make sure to store it in different countries, as government confiscation of the bullion is never completely out of the realm of possibilities, advises financial commentator Jim Cramer in his latest post . . . .

Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system . . . .

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