Category Archives: World Gold Council

Is the Russian Ruble Linked to Gold?

By Jan Nieuwenhuijs for Gainesville Coins …… Some gold commentators are writing that the Central Bank of Russia (CBR) has linked the Russian ruble to gold, but this is not true. In the fog of war, the first causality is the truth; this time is no different. Information coming from either side of the war […]

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Recent Chinese Gold Buying and Its Implications for Future Gold Prices

By Blanchard and Company, Inc ……   Gold’s price retreat earlier this month offered long-term investors an opportunity “to buy on the dip.” Yet, you may be wondering, what could be the trigger for the next swing higher in gold prices? Wells Fargo Investment Institute analysts addressed that very question in an August 9 research […]

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Market Reaches Level of Exuberance

By Richard Giedroyc 
Are stocks overpriced, or are gold and silver in coin as well as in bullion format following the value of equities in tandem? Some sources are suggesting that gold and silver are moving parallel to equities due to those equities being overpriced. The record 32.9 percent decline in Gross Domestic Product in the second quarter appears to support that argument

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Problems with China and India Gold Statistics

By Patrick Heller
In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. This column was so popular that it was more widely linked at other websites than most of my articles

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The Bank of England Gold Sale Fiasco

This month marks the 20th anniversary of the decision by former British Chancellor of the Exchequer Gordon Brown to sell the majority of the British government’s gold reserves, a process that took two years.
At the end of May 1999, the pound was worth about $1.61 US

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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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CoinWeek News Wire for January 26, 2018: Buy the Book Before your Buy the Bitcoin….

By Coinweek Coin News Wire …. Coin News Wire for January 26, 2018 Brain Food 1.) This is the reason why only dead people can be featured on American currency In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living […]

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Pre-Sale of 2018 Austrian Philharmonic Bullion Coins Now at APMEX

APMEX, Inc., a leading online Precious Metals retailer based in Oklahoma City, is thrilled to announce they have all 2018 Austrian Philharmonic coins available for pre-sale. The Philharmonic coins, available in Gold, Silver and Platinum, are recognized around the world for their iconic imagery that depicts the Vienna Philharmonic, perhaps the most-renowned orchestra in the […]

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CoinWeek News Wire for May 5, 2017

By Coinweek …. CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add value […]

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CoinWeek News Wire for November 25, 2016

By Coinweek …. CoinWeek News Wire for November 25, 2016 Brain Food 1.) Q&A: Erik Goldstein Erik J. Goldstein is the senior curator of mechanical arts and numismatics at the Colonial Williamsburg Foundation and has been in this position since 2002. A student of military history and numismatics, he has lectured widely and instructs a three-year […]

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Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Islamic Gold Dinar By Everett Millman – Gainesville Coins ……. One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another huge […]

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Austrian Mint Sees Record Sales of Gold, Silver Bullion Coins in 2015

By Coinweek News Staff ….   Sales of gold bars and bullion coins at the Austrian Mint in 2015 were up 215% over the previous year’s total, with 1.32 million ounces sold. In 2014, the Austrian Mint sold 910,000 ounces. In an interview with Bloomberg, Mint spokesperson Andrea Lang states that the jump in sales […]

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