Sunday, August 14, 2016

Wake us up when China stops talking and actually sells the damn dollars

April 25, 2011 by · Leave a Comment 

GATA China Should Cap Forex Reserves at 1.3 Trillion U.S. Dollars, China Banker Says From Xinhua News Agency, Beijing Saturday, April 24, 2011 http://news.xinhuanet.com/english2010/china/2011-04/23/c_13842843.htm BEIJING — China should reduce its excessive foreign exchange reserves and further diversify its holdings, Tang Shuangning, chairman of China Everbright Group, said on Saturday. The amount of foreign exchange reserves [...]

WWF Silver Medal Set Issued by The Royal Mint

October 29, 2009 by · Leave a Comment 

The World Wide Fund for Nature (WWF) was started nearly 50 years ago in Europe with a mission to conserve nature. Over the years, the organization has grown world-wide and now directs millions of dollars annually toward nature preservation. To help draw attention to the work of the WWF, The Royal Mint of the United [...]

PCGS Helps Police Nab Counterfeits Suspect

October 28, 2009 by · Leave a Comment 

(Santa Ana, California) – Information provided to Northern California law enforcement authorities by Professional Coin Grading Service led to the arrest of a suspect who is now under investigation in connection with the sales of fraudulently altered Morgan dollars in tampered PCGS holders for nearly $300,000. CLICK TO ENLARGE: These four photographs show a tampered [...]

Coin Monday, or Riddle Me This: A Planchet One Size Too Small

October 26, 2009 by · Leave a Comment 

Heritage Auction Galleries Oct. 26, 2009 Written by John Dale First off, if you haven’t read Noah’s Tuesday post about A Christmas Story, then please do so now. I’ll be waiting… If you left, welcome back! Noah’s Christmas in, er, October post got me thinking about some childhood Christmas television memories of my own, and [...]

Gold’s New Ally

October 24, 2009 by · Leave a Comment 

The Daily Reckoning If you’ve invested in gold, you’re about to gain a powerful ally: pension funds. “I think the largest institutions like our own are realizing that we barely own any [gold]” Shayne McGuire, head of the Teacher Retirement System of Texas said in an interview in Hong Kong very early this morning. “The [...]

Weekly Market Recap 10/23/09

October 24, 2009 by · Leave a Comment 

ScotiaMocatta, the precious metals division of the Bank of Nova Scotia, said on Thursday that gold prices could rise to a high of $1,400 an ounce in 2010 as investors turn to the metal as a store of wealth, as reported to Reuters. The unemployment rate has been increasing at an alarming rate, yet the [...]

CoinWeek October 12-18, 2009

October 23, 2009 by · Leave a Comment 

What’s New on CoinLink …….. Olympic Medals – As unique as the world’s top athletes and their awe-inspiring performances, every medal won at the Vancouver 2010 Olympic and Paralympic Winter Games will be a one-of-a-kind work of art. NGC recently certified the unique Ecuador 1862 50 Francos struck in gold. This classic rarity of 19th-century [...]

The Dollar as a Reserve Currency

October 23, 2009 by · Leave a Comment 

Bob Mcteer submits: Much hand-wringing is taking place over the reduction or possible loss of the dollar’s reserve currency status. That’s a bit ironic since the whole concept of a reserve currency is no longer valid in a system of floating exchange rates. Under the dollar-exchange system established at Bretton Woods, New Hampshire after World [...]

Brand Disloyalty

October 22, 2009 by · Leave a Comment 

The Daily Reckoning The US dollar is a sort of monetary brand. And like any other brand, it can fall out of favor. Even iconic brands can rapidly lose their “must-have” caché. Sometimes, a brand can disappear entirely, as did Pan American Airways or “Members Only” jackets. But there is always something else waiting to [...]

Top 5 Reasons To Add Precious Metals To Your IRA

October 22, 2009 by · Leave a Comment 

Now, more than ever, people are looking for ways to help secure their hard-earned retirement dollars after significant losses due to the weakness in the stock market and U.S. economy over the past year. Precious metals are a great way to diversify your holdings and likely increase your financial security. Here are the APMEX Top [...]

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