2016 U.S. Mint Gold Sales Best Since 2010
Sales of American Gold Eagle and American Gold Buffalo Coins Top 1.2 Million Ounces in 2016 Gold sales at the U.S. Mint were 1,204,500 ounces in 2016. This was the […]
The Fed Raised Interest Rates, Now What?
The Federal Reserve Raises Interest Rates A Quarter of a Percentage Point The Federal Reserve Open Market Committee concluded their meeting last week with an announcement that they were raising […]
Dollar Index Steady Near 14 year High as Fed Rate Decision Looms
Federal Reserve Set To Boost Interest Rates as Dollar Strengthens and Stock Market Soars The Dollar* Index had a volatile week last week, falling below 100 after the Italian Constitutional […]
Chinese Central Bank Adds No Gold To Reserves in November
The People’s Bank of China’s Gold Holdings are Not a Proxy for Chinese Gold Demand The People’s Bank of China reported that it added no gold in to her reserves […]
Stocking Stuffer Idea: Stunning Ultra High Relief Silver Two Ounce Rounds
Ultra High Relief Silver Two Ounce Rounds Looking for the ideal stocking stuffer this Christmas? Take a look at these beautiful ultra high relief two ounce rounds. Ultra high relief […]
Chinese, Russian and Kazakh Central Bank Gold Buying Spree
Top Three Eastern Central Banks Add Nearly Nine Million Ounces of Gold To Reserves in 2016 Central Bank gold buying has been on the rise for the past five years. […]
Perth Mint Silver Sales Pass 2015’s Record
November 2016 Sales of Silver at the Perth Mint Just Shy of One Million Ounces. The Perth Mint sold 984,622 ounces of silver in November 2016. This was down 9.2% […]
American Gold Buffalo Coin Sales Surge in November
The U.S. Mint Sold 29,500 American Gold Buffalo Coins in November. November sales of American Gold Buffalo coins hit their highest monthly total since January. The U.S. Mint reported selling […]
Perth Mint Sells 54,000 Ounces of Gold In November
November 2016 Sales of Gold at the Perth Mint Remain at Elevated Levels for Third Month in a Row. The Perth Mint sold 54,747 ounces of gold in November 2016. […]
Rate Hike Expectation Boosts Dollar – Global Currency Review and Forecast
Dollar Holds its Gains. The Dollar Index* held above 100 last week as President-elect Donald Trump began assembling his cabinet. Markets fully anticipate an interest rate hike later this month […]
U.S. Mint Sells Over Three Million Silver Eagle Coins in November
Sales of American Silver Eagle Coins Top Three Million For Seventh Time in 2016. The U.S. Mint sold 3,061,000 ASEs in November down 20% from 3,825,000 sold in October. 2016 […]
November American Gold Eagle Sales Hit 2016 Peak
Sales of American Gold Eagle Coins Topped 237,000 in November. Through November 2016, American Gold Eagle Sales Were at 936,000 ounces. Gold sales at the U.S. Mint have been surging […]
Physical Gold and Silver vs. Paper Gold and Silver
Physical Gold and Silver Are Available in a Crisis and Ownership Remains With You When people decide to invest in precious metals, they have many options. They can chose gold […]
India’s Cash Crunch Means Lower Gold Sales
India Suspends Rupee Exchange Program The Indian government has flip-flopped and reversed its announced Rupee exchange policy. When Prime Minister Modi announced the demonetization of 500 and 1000 rupee notes […]
Stock Markets at All Time Highs After Trump Win
Are Current Valuations Sustainable? The Dow Jones and The S & P 500 hit all-time highs last week. Company earnings and the Fed’s interest rate outlooks have not changed. What […]
Indian Gold Demand Soars During The War on Cash
The Removal of 86% of India’s Currency Almost Overnight Has Led to an Indian Gold Rush Indian gold demand had been down all year in 2016. Rising gold prices, a […]
Black Friday/Cyber Weekend Sale at BGASC.com
The BGASC.com Black Friday/Cyber Weekend Sale is now on! Check out these precious metal specials between now and November 28, while supplies last. Today’s Gold Prices Today’s Silver Prices See […]
Russian Gold Reserves Swell 40 Tons in October
The Central Bank of Russia Added Over 40 Tons of Gold in October. The Russian Central Bank announced this week that its gold reserves had reached 50.6 million troy ounces […]
153 Tons of Gold Withdrawn From the Shanghai Gold Exchange in October
The Shanghai Gold Exchange Reports Robust Gold Withdrawals in October. Last week, the Shanghai Gold Exchange (SGE) released its monthly gold withdrawal numbers, showing that over 153 tons (approximately 4.9 […]
Dollar Continues Its Ascent – Global Currency Review and Forecast
Dollar Hits 14 year High. The Dollar Index* tacked on gains last week in the aftermath of Donald Trump’s surprise victory over Hillary Clinton. Fed chatter from Fed Presidents about […]