Category Archives: GEOPOLITICS

Gold Trading Breaks Records, Could Reach Higher Targets Dillon Gage President Says

By Dillon Gage Metals …… Spot gold surged to an all-time record above $1,900 USD an ounce early Monday on Comex, and silver hit a seven-year high, as the dollar tumbled. The yellow metal touched $1,946.90 an ounce, taking out the record $1,921.17 for spot bullion set in 2011. The dollar fell to near a […]

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The S&P Global Market Report and the Future of Gold Mining

By Blanchard and Company, Inc ….. Gold mines are becoming more difficult to source and maintain. Consider that the global nonferrous exploration budget remains below the 2014 level. Moreover, between 2012 and 2016 this figure dropped each year. The S&P Global Market Intelligence Report adds color to these numbers by explaining that their research “has […]

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New Influx of Fake Gold Bullion Unsettling Investors Around the World

Increasing sophistication of bullion forgeries a concern for the United States Mint as well   By Joshua McMorrow-Hernandez for CoinWeek ….. While the numismatic world combats a growing number of sophisticated counterfeit coins from Asia, another major challenge has arisen for those who deal in gold bars. As Reuters has recently reported, there has been […]

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5 Things to Know as Gold Bull Run Unfolds: Blanchard

Gold Bull Run By Blanchard and Company, Inc ….. 1. Gold is proving its worth as a safe-haven asset In today’s world of stepped-up U.S.-China trade tensions, market-moving tweets, stock market volatility and economic uncertainty, gold is acting exactly as it should – as a safe-haven investment. Investors around the globe are investing in gold […]

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Precious Metal News: The Problem With Venezuela’s Gold

By Everett Millman – Gainesville Coins …… If you haven’t noticed, Venezuela is in absolute turmoil. The growing calamity has economic, political, and humanitarian dimensions that are beginning to spread across South America. Aside from a growing refugee crisis and shortages of food and medicine, the country is dealing with political upheaval and runaway inflation. Its […]

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GoldDealer.com Gold Market Report – Gold Ponders Its Future

Commentary for Friday, November 30, 2018 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.90 at $1,220.20 today. Still not much happening if you consider that gold closed Monday at $1,229.80. The best aspect, as far as the gold community is concerned is simple and positive. For now the FOMC […]

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Iran Executes “Sultan of Coins” for Hoarding Gold Coins

Special courts set up in August have handed out multiple death sentences in similar cases By CoinWeek News Staff ….   Two weeks ago, international news agencies reported that Iran had executed two men for hoarding gold coins. As part of a larger effort to control the Iranian economy after reimposed sanctions by the United […]

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Veteran Dealer: We Have Seen the 2018 Low for Gold

“The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal markets. We have seen the 2018 low for gold,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (APMD), a division of the Professional Numismatists Guild (PNG). The […]

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The Future of Gold Mining

By Blanchard and Company, Inc ….. Recently the World Gold Council released a report on the relationship between gold and the natural environment. As the threat of ecological impact and global warming loom large, gold mining operations are seeking more efficient methods of sourcing gold. One company, Goldencorp, is at the leading edge of this […]

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Gold Repatriation Could Be Sign of Things to Come

Gold Repatriation By Everett Millman – Gainesville Coins ……   For reasons that have to do mainly with security, a number of America’s allies around the world have for decades agreed to store a portion of their national gold reserves — their sovereign gold — in New York. Specifically, at the Federal Reserve Bank of New […]

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Singapore Mint Issues Its Own Trump-Kim Summit Coin

By Everett Millman – Gainesville Coins ……. One of the longstanding uses for coins and medals is to commemorate transformative or otherwise noteworthy events. What better way could there be to immortalize an important milestone or historic moment? THat is what the Singapore Mint has done. Of course, this is provided the moment being commemorated actually […]

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The Mike Fuljenz Gold Metal Report: The Time of the Year

By Mike Fuljenz – Universal Coin & Bullion ……   This is the Time of Year to Buy Gold (and Sell Stocks) Gold and stocks tend to move in opposite directions – one zigs while the other zags. Stocks tend to rise in the first half of the year and gold in the second half. […]

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Precious Metals News – Rising Dollar Keeps Downward Pressure on Gold and Silver

By Everett Millman – Gainesville Coins on gold price ……. Precious metals were mixed on Monday, but both gold and silver dipped due to a strong dollar. The gold price was down 0.25% (-$3) to $1,312/oz at the opening bell. Spot silver slipped 8¢ (-0.5%) to $16.42/oz. However, platinum (+0.3%) and palladium (+1.1%) each traded higher […]

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Egyptian Billionaire, One of Forbes’ Richest in World, Invests Almost $3 Billion in Gold

By Hubert Walker for CoinWeek …. Naguib Sawiris, the 63-year-old Coptic-Egyptian billionaire, has used half of his $5.7 billion USD (approximately €4.74 billion) net worth to buy gold, according to an interview with Bloomberg TV on Monday, April 30. During the interview, Sawiris stated his belief that gold will reach a price of $1,800 per […]

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Gold Price Slumps to Four-Month Low

By Everett Millman – Gainesville Coins on gold price ……. The gold price was down again to $1,306/oz on Tuesday, sliding 0.6% (-$8). A stronger U.S. dollar provided most of the downward pressure on the precious metals. Spot silver opened off about 0.5% (-9¢) to $16.21/oz. Platinum lost $8 per ounce (-0.9%) to slip below $900/oz. […]

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Bullion & Precious Metals: Gold Dealer Newsletter – Gold Moves Higher?

Commentary for Wednesday, November 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $7.10 at $1,274.10 in a kind of confused and choppy market. We opened unchanged – moved above $1,280.00 and then settled quietly lower. This small pop in prices to the upside is hard […]

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New Russian 200 Ruble Banknote Features Crimean Landmarks

For the second time in as many years, the Bank of Russia has released a new banknote featuring prominent symbols and landmarks from Crimea to almost immediate controversy By CoinWeek News Staff …. On October 12, the Bank introduced two new denominations of Russian currency, a 200-ruble note and a 2,000-ruble bill. And while the […]

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GoldDealer Gold Market Report – Are the Bulls or Bears Tired?

Precious Metals Market Commentary for Monday, August 14, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.50 at $1,284.20 – a let-down for those considering another try at the vaulted $1,300.00 level. As promised the North Korea/Trump rhetoric has cooled and the dollar rebounded, which encouraged […]

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CoinWeek News Wire for July 28, 2017

By Coinweek ….   CoinWeek News Wire for July 28, 2017:  Digital Cash Revolution 1.) UPDATE: “WE ARE DECLARING WAR ON CASH,” BANK SPOKESMAN ANDY GERLT …[A]mong the people championing the convenience of a cashless society are those who use iphones to buy Starbucks coffee. These devotees who will sacrifice freedom for convenience will not […]

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Modern World Coins – Romanian Gold Coin Commemorates US Partnership

The 2017 Romania 100 Lei Gold Coin features a bridge on the obverse and the Statue of Liberty on the reverse. By National Bank of Romania …… As of July 4, 2017, the National Bank of Romania put into circulation a gold coin dedicated to the anniversary of 20 years since the launch of the […]

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45 Years of Sino-German Friendship: Commemorative Pandas Struck

In 2017, the People’s Republic of China and the Federal Republic of Germany celebrate the 45th anniversary of the establishment of their diplomatic relations. Together with Michael Hans Chou, owner of Champion Leilo Co., Hong Kong, the auction house Künker took this as an occasion to initiate two medals of which the German version’s very […]

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Commemorative Medals Celebrate Chinese German Friendship and Two Pandas Going to Berlin Zoo

The commemorative medals were created by two top-notch designers and feature an official logo A pair of Chinese pandas — “Meng Meng” (梦梦) (a four-year-old female) and “Jiao Qing” (娇庆) (a seven-year-old male) — are about to be unveiled at the Berlin Zoo’s new panda pavilion. The pavilion cost nine million euros (approx. $10.24 million) […]

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World Coins – Hologram on New Coin Shows Melted Antarctic Ice Shelf

Holographic coin effect shows the Larsen B Ice Shelf that collapsed 15 years ago! Raising Awareness of an important environmental issue. Limited Mintage of 2,002. Produced in Britain by Pobjoy Mint manufacturer of luxury coins Exclusive Pobjoy effigy design of HM Queen Elizabeth II The Coin To highlight the effect of global warming on the […]

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Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down

Commentary for Monday, May 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $12.80 at $1,255.50 in another defensive round. It actually opened rather flat which has been the case lately – pitched higher and then reversed itself testing the $1,254.00 level before catching much of […]

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Bullion & Precious Metals: Gold Dealer Newsletter – Gold Firm as Europe Considers Options

Commentary for Friday, April 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $5.30 at $1,289.10 and once again holds its ground. So where are we going into the weekend? I think traders are cautious but not ambivalent – on the short term gold is […]

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Gold Dealer Newsletter – Gold Traders Continue to Buy the Dips

Commentary for Monday, April 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.40 at $1,253.90 USD today in directionless trading. The overnight London and Hong Kong markets were sleepy – there was a selloff in early domestic trading which looked at $1,245.00 but traders once […]

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Precious Metals & Bullion Commentary – Gold Weaker as Rate Hike Looms

Commentary for Tuesday, March 7, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $9.40 at $1,216.10 on Tuesday and if you haven’t been watching let’s just say the gold trade is getting heavier. It’s not necessarily the dollar although the buck is strong – the Dollar […]

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Precious Metals Markets – Gold Continues to Hold Steady

Commentary for Tuesday, February 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed virtually unchanged today down $0.20 at $1,238.90. It lost ground in early trading and at one point reaching $1,227.00 before turning around – gaining back its lost ground despite a strong Dollar Index which […]

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World Coins – Bank of Malta Launches Silver Commemorative Coin Honoring European Council Presidency

By Central Bank of Malta …… On 12 January 2017 the Central Bank of Malta and MaltaPost are issuing a joint numismatic product to commemorate Malta’s first Presidency of the Council of the European Union. The product will consist of a silver coin and a silver foil stamp replica. The coin, struck at the Royal […]

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World Paper Money – Swiss Love Banknotes, Rebuff Plastic

As the world continues to adopt electronic methods of payment, Switzerland embraces the regular use of paper currency By Joshua McMorrow-Hernandez for Coinweek …….   At a time when the European Union is encouraging its member nations to eliminate high-denomination banknotes to help discourage criminal use of paper currency, independent Switzerland is keeping its 200- […]

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Money Metals Exchange Issues 2016 Gold/Silver Forecast

By Clint Siegner – Money Metals Exchange….   Looking Ahead to 2016 Forecasting today’s volatile, high-frequency, machine-driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than […]

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