Category Archives: monetary Policy

Early Modern World Coins: The Ottoman Kuruş and the Control of Money

By Ellen Nye and David Yoon for American Numismatic Society (ANS) …… In August 2018, as the country of Turkey faced a currency crisis, its president Recep Tayyip Erdoğan called for people to convert their dollars or euros into Turkish lira. The Turkish lira had dropped by almost 50% against the dollar in the previous […]

The post Early Modern World Coins: The Ottoman Kuruş and the Control of Money appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report – Gold Closes Strong on BOJ News

Commentary for Friday, February 5, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $16.50 today on the Comex at $1350.30. This is the highest level gold has seen this week – the lowest close being 1319.30 – the spread being $31.00. The gold markets got a surprising […]

The post Gold Markets Report – Gold Closes Strong on BOJ News appeared first on CoinWeek.

Continue Reading on CoinWeek

European Central Bank Ends Production, Issuance of €500 Banknote

By European Central Bank…..   ECB has decided to discontinue production and issuance of €500 banknote Europa series of euro banknotes will not include the €500 €500 banknote remains legal tender and will always retain its value Today (Thursday, May 4) the Governing Council of the European Central Bank (ECB) concluded a review of the […]

The post European Central Bank Ends Production, Issuance of €500 Banknote appeared first on CoinWeek.

Continue Reading on CoinWeek

The Coin Analyst – The 2016 GOP Presidential Race and the Gold Standard

By Louis Golino for CoinWeek …. As happened four years ago when Ron Paul and other GOP presidential candidates came out in support of a new gold standard–it was even included in the 2012 GOP platform–several candidates have expressed support for the idea during the current GOP presidential race. Ted Cruz and the gold standard […]

The post The Coin Analyst – The 2016 GOP Presidential Race and the Gold Standard appeared first on CoinWeek.

Continue Reading on CoinWeek

World Coin News – Proposed Budget May Eliminate Australian 5 Cent Coin

By CoinWeek News Staff …. The federal budget that Treasurer Scott Morrison presented to the Australian House of Representatives earlier today (Tuesday, May 3) may bring an official end to the production of five-cent coins by the Royal Australian Mint. If this proves to be the case, the elimination of Australia’s smallest-denominated coin will most […]

The post World Coin News – Proposed Budget May Eliminate Australian 5 Cent Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Closes Lower then Reverses after Dovish FOMC Comments

Commentary for Wednesday, Oct 8, 2014 (www.golddealer.com) ……… Gold closed down $6.40 today at $1205.30 in a market which really cannot make up its mind. It actually traded as high as $1220.00 before reversing itself as oil prices came down – WTI crude oil moved lower by $1.15 at $87.47 a barrel and the dollar […]

The post Gold Closes Lower then Reverses after Dovish FOMC Comments appeared first on CoinWeek.

Continue Reading on CoinWeek