Category: Precious Metals
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This May be the Most Important Gold Story of 2019
LONDON, April 12, 2019 /PRNewswire/ — China and Russia are staking enormously on the precious yellow metal. By the end of 2018, Central Banks had bought up 74% more gold than the year before—and they’re still going strong. Russia is hedging against the dollar heavily. China, too. Mentioned in today’s commentary: First Majestic Silver (NYSE: AG), Wheaton Precious…
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Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Gold
NEW YORK, Nov. 22, 2017 /PRNewswire/ — Grayscale Investments, LLC, the sponsor (the “Sponsor”) of the Bitcoin Investment Trust (OTCQX: GBTC) (the “Trust”), announced that it has today declared a distribution and established a record date for the distribution of a portion of the rights to Bitcoin Gold tokens currently held by the Trust as a result…
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Blockchain And Gold Like Peanut Butter And Chocolate?
Even before the emergence of the growing plethora of cryptocurrencies, several attempts had been made in the past to create digital currencies based on gold, but none of them gained widespread support. Will blockchain and Bitcoin succeed where other attempts failed? One of the common criticisms and challenges of bitcoin and other cryptocurrencies is their price volatility…
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Annual World Exploration Trends report reveals global mining exploration recovering from 2016 low
[box]S&P Global Market Intelligence reports a 21% decline in worldwide nonferrous metals exploration budgets in 2016, but activity increased as the year progressed.[/box] HALIFAX, Nova Scotia, March 6, 2017 /PRNewswire/ — S&P Global Market Intelligence, a leading provider of multi-asset class research data and insights, revealed findings from the latest World Exploration Trends (WET) report, which…
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Silver Prices May Decline Until June
Q: Do you expect silver prices to decline into June along with gold? A: Yes but not exactly or at the same time. The price pattern will vary along with the timing Q: What does Jim Rogers expect for Silver Prices? A: Jim Rogers claims to be one of the worst market timers. Q: Do…
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Second leg of the new bull market in gold?
Q: Is the current up-move the start of the second leg of the new bull market in gold? A: Yes, our research indicates an inflection point is taking shape. February 28 may see gold select a direction north or south of 1256 according to Martin Armstrong and we concur based on our own calculations. Q:…
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Infographic: Bullion Banking Mechanics
[box]Bullion banks are some of the most influential participants in the global gold market. But who are these players and what do they actually do? And most importantly, how can these bullion banks trade thousands of times more gold each year than is actually in existence?[/box] [box type=”info”]This infographic lifts the lid on bullion banking,…
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Visualizing Gold’s Value And Rarity
Since Ancient times, Visual Capitalist’s Jeff Desjardins explains, gold has served a very unique function in society. Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s…
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Dillon Gage Metals Opens Singapore Office
Expanding its global footprint to serve the Asian market ADDISON, TX (January 26, 2017) – Dillon Gage Metals, an international precious metals wholesaler, announces the opening of a Singapore-based office to further their business interests in the buying, selling and trading of physical precious metals on a global stage. The newly formed entity will be…