How Will Gold Prices Shape Up in 2016?
Gold prices have had quite the struggle over the past five years as the global economy has slowly recovered from the financial crisis of the late 2000s. The precious metal has posted annual losses three years in a row now, with 2015 seeing a 12% loss alone. So as 2016 begins to take shape and [...]More Info
Environmentally Friendly Gold Extraction
Northwestern University scientists discovered a cost-effective and environmentally sound method to isolate gold from raw materials by using cornstarch. The method is considered a green alternative, compared to modern methods, to extracting gold from other materials, such as consumer electronic waste. Current methods involve the use of highly poisonous cyanides, which contaminates the environment. Gold-mining [...]More Info
Representative Sherman’s Fall In The Fall & Rise In The Spring Interest Rate Speech
Check out Representative Brad Sherman (Democrat, California) make some religious-based assertions about when the Federal Reserve and Janet Yellen should raise interest rates. In a way, Representative Sherman makes some good points. Everything he says is true. Insert “nature” everywhere he says “God” – if you’re secular – and see the point he is making [...]More Info
China Changes 2016 Precious Metal Coin Designs After 2015 Failure
GoldSilverBitcoin – People’s Bank of China will release on October 28, 2015 the 2016 Panda coin set. The coin’s pattern will show the Beijing Temple of Heaven, and feature the country name, reign. The reverse patterns will show a panda climbing a tree, published denomination, weight and fineness. This is different from the 2015 version, [...]More Info
Was Gold Found On Those 22 Shipwrecks Found in Greece?
GoldSilverBitcoin – In many shipwrecks, gold is among the items found on-board a fallen vessel. For goldbugs, that is what makes a recent shipwreck discovery in Greece so intriguing. A joint Greek-American archaeological expedition in the small Fourni archipelago, an area of merely 17 square miles, has turned up one of the great archaeological finds [...]More Info
How To Start Your Own Gold Dealer Website
GoldSilverBitcoin – Entering into the gold business and starting your own gold dealing site is easier than ever. As goldbugs and silverbugs might notice, there is quite a bit of turnover in the online bullion retail scene. Moreover, the general websites that are highlighted are not the only ones. There are many, many online gold [...]More Info
Ted Cruz Suggests Gold Standard To Help Working Women
At the third GOP presidential debate Wednesday night, moderator Becky Quick asked Ted Cruz how we could “try and help” working women in the US who “still earn just 77 percent of what men earn.” In a stumbling manner, Cruz ultimately landed on the gold standard to help women. In a disjointed tirade Cruz began: [...]More Info
Gold & Silver Domains Command Record High Prices
People have bought domains since the advent of the Internet for business, projects and investment purposes. This trend continues to this day and there are implications for the precious metals space. Consider the recent story of the record sale of gold.co.uk. It comes on the heels of a major purchase of another precious metals domain: [...]More Info
What Will Happen If COMEX Defaults?
A group of eight central banks in the US and Europe, the London Gold Pool controlled the price of gold for six years until the Pool collapsed leading into a more than decade long bull run. Gold reached nearly $1,000 per ounce, silver nearly $50. The central banks had pegged the price too low causing [...]More Info
Goldman Sachs Outlook On Gold No Bueno
Goldman Sachs doesn’t have a bullish outlook for precious metals. The investment banking firm foresees prices dropping to $1,000 in 12 months as the Federal Reserve maintains a quiet quantitative easing program. Gold has increased 8% since mid-July and currently trades for $1,165 per ounce. “A marked increase in Chinese official sector physical gold purchases [...]More Info