Cash Is Not a Convenient Store Of Value. As bad economic news continues to roll in, the Fed publically remains undaunted and insists rate hikes are on the horizon. Distortions created by quantitative easing are apparent and worsening. The few bits of good economic news are met with media exclamations of “robust!” and “solid” Poor … Read More →
Silver and Gold Sales at the U.S. Mint in March 2015 March sales of 3,519,000 American Silver Eagles bring the year to date sales to 12,071,000 behind 2014’s record pace. Sales of one ounce American Gold Eagle sales were up in March to 35,000 from 12,500 in February. U.S. Mint Sold 100.54 times more American … Read More →
Gold Price in World Currencies First Quarter 2015. Gold Closes the First Quarter of 2015 Flat Against the Dollar; Higher Against Most Major Currencies. The U.S. Dollar Index rose nearly 9% in the first quarter, gold kept pace. Gold vs. Major World Currencies in the First Quarter of 2015 Gold Doesn’t Perform, it Endures. Here … Read More →
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