featured | Finance | Gold

Fed Could Cut Rates as Gold Hits Three Month High

Top Federal Reserve policymakers might cut interset rates if trade tensions continue to get worse. Fed Chair Jerome Powell and his No. 2, Richard Clarida are watching disputes between the US and its trading partners. The next meeting of the Federal Open Market Committee takes place June 18-19, with Clarida noting that the Fed “can’t […]

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Gold | Politics

Geopolitics Driving Gold

(Gold Silver Bitcoin) President Trump warned last week of a  “major, major conflict with North Korea”. He said he’d rather do things diplomatically, though it’d prove “very difficult.” Trump has made no secret about tensions between North Korea and the US. “There is a chance that we could end up having a major, major conflict […]

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Gold

El Salvador is First Nation to Ban Gold, Metals Mining

El Salvador will prohibit gold and other metal mining after lawmakers overwhelmingly voted on Wednesday for the ban. Environmental activists say the country is the first in the world to ban metal mining. Related: How to Start Your Own Gold Dealer Website El Salvador’s delicate environment was cited as being unable to sustain metal mining operations, […]

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Gold

11 Killed in Gold Mine Accidents in Central China

(GoldSilverBitcoin) – 11 people were killed in accidents in two neighboring gold mines in central China’s Henan province on Friday. The thick smoke engulfed a pit at the Qinling gold mine, run by the China National Gold Group in Lingbao City. Twelve workers and six management staff were trapped inside, as reported by Xinhua on […]

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Gold | Silver

A-Mark Precious Metals CEO Sells 3,300 Shares of Stock

A-Mark Precious Metals CEO Gregory N. Roberts sold 3,300 shares of the company’s stock on Thursday. Sold at $17.66, the overall sale totaled $58, 094.96. A-Mark Precious Metals Inc sales, which trade 0.35% during midday trading Thursday, reached $17.45. Related: Spanish Government Limits Cash Withdrawal 1,000 Euros Overall, 23,027 shares of the company traded hands, […]

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Banks | Finance | Gold | News

China & Russia are Stockpiling Gold

Gold refineries in Switzerland sent a record amount of gold to Shanghai last December, and Russia is buying gold in droves as well, as the United States experiences a time of tumultuous politics and the european banking system is reported to be on the verge of collapse. Figures released at the end of January by […]

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