US Gold Eagles 2009

If you haven’t heard the news already, the U.S. Mint announced earlier this year that they would be curtailing their overall production of US Gold Eagles in 2009 due to problem sourcing gold to mint them from.  The Mint is required to source it’s gold from American mines and because of the huge worldwide demand [...]

Weekly Market Recap 10/23/09

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 [...]

US Hyperinflation?

The Daily Reckoning The finance ministers of the Eurozone met yesterday and they’ve tried to stem the euro’s (EUR) rise… But they’ll need more than words to get the job done! And so we begin a new day… Front and center this morning, the currencies – which had given background overnight to the dollar – [...]

US Mint Apologizes to Customers for Chronicles Set Experience

The US Mint on Friday "sincerely apologized" to customers who experienced difficultly and frustrating moments Thursday when attempting to order the newly issued Lincoln Coin and Chronicles Set. As we relayed on CoinNews yesterday, the US Mint Web site was either down or sporadic in behavior for several hours following the launch of the new [...]

Is the Dollar Being Removed from Oil Trades?

The Daily Reckoning Today we’re already seeing a HUGE currency rally versus the dollar, on the news that the Reserve Bank of Australia (RBA) opted to go ahead and hike rates now, rather than wait for November’s meeting… Which I thought they would do! WOW! The first hike has opened Pandora’s Box of interest rate [...]

Weekly Market Recap 10/02/09

Just when Wall Street wanted you to think it was okay to wade back into the stock market, some all too familiar sharks continued to muddy the water for investors. The Fall of 2008 marked the beginning of the biggest financial down slide in the U.S. since the Great Depression. Unfortunately, not much has changed [...]

Does anyone know how a beginner would start investing in silver …

Silver bullion is a lousy investment but if you are interested in buying silver there are any number of companies that will sell 1oz silver rounds, all you have to do is to Google “bullion coins” and do some shopping. … Read more….

Weekly Market Recap 08/21/09

This week has seen more sideways trading as the markets continue to seek a clear and definitive direction. While some are claiming the worst is over, others like Bloomberg.com report that more than 300 banks could still fail across the nation, further affecting small businesses and consumers, the real drivers of the economy. This mixed [...]

Watching & Waiting

Bullion Vault As the US fights deflation, credit inflation is alive and well in China… The INVESTMENT COMMUNITY is divided at present as to whether the world economy faces hyperinflation or deflation, writes Puru Saxena of Money Matters and Puru Saxena Limited in Hong Kong. Some observers are convinced that the central banks’ printing press [...]

What’s the difference between coins, rounds, and medallions?

When shopping for bullion coins you may have encountered something called rounds, and been confused about the term and what it means. Similarly you may have encountered medallions and wondered how they differ from coins. The basic difference between a coin and a round is that a coin is officially minted and is legal tender, [...]