In Case You Missed It. In Case You Missed it Week Ended October 3, 2015. Stories from the week ended October 3, 2015. The week began with continued discussion of the potential for an interest rate hike after Fed Chair Janet Yellen spoke at the end of the prior week indicating she thought a rate … Read More →
Perth Mint Sales. Perth Mint silver and gold sales September 2015. September Perth Mint silver sales of 3,530,000 ounces were up 366% year over year. New Silver Kangaroo bullion coin drives massive sales. Perth Mint gold sales were down 2.1% in September year over year. Silver Sales at the Perth Mint in September 2015. The … Read More →
Gold Price in World Currencies Third Quarter 2015. Gold Closes the Third Quarter of 2015 Down Against the Dollar; Higher Against Many Major Currencies. Gold hit all time highs against the Brazilian Real and Turkish Lira in the third quarter. Gold hit $1,650 an ounce vs. the Australian Dollar and $1,550 an ounce against the … Read More →
Silver and Gold Sales at the U.S. Mint in September 2015. Solid Sales of American Silver Eagle Coins in September Despite Reduced Authorized Purchaser Allocations. Robust September sales of American Gold Eagles were second highest of 2015. The United States Mint sold a sturdy 3,804,500 American Silver Eagles in September down from August’s 4,935,000. Strong … Read More →
Junk Silver Premiums. Premiums on Junk Silver are at elevated levels. Pre 1965 dimes, quarters and half dollars sought after for their silver and barter value in times of economic uncertainty. During the Great Silver Shortage of 2015, premiums on junk silver and American Silver Eagles have surged to highs last seen during the financial … Read More →
In Case You Missed It. In Case You Missed it Week Ended September 26 2015. Stories from the week ended September 26, 2015. The week began with the markets digesting the Federal Reserve’s FOMC meeting decision last Thursday not to raise interest rates. The Fed decided due to “global uncertainty”, not to raise rates. During … Read More →
India’s Gold Monetization Scheme. India’s plan aims to reduce gold demand in physical form. The Indian Goverment will entice its citizens to turn their gold in exchange for interest bearing Sovereign Gold Bonds. Will it work? Update November 18, 2015: India’s gold monetization scheme a total flop so far India Plans To Wrest the Gold … Read More →