We’ve no doubt all seen the old western movies of the prospector with a pan in the river searching for gold. In early America, pioneers sunk their fortunes into searching for gold this way. In modern times though, mining for gold is a much more intensive, yet sophisticated process. Most surface, or alluvial gold has…
Recently, we added 1-oz silver coins featuring Dr. and Congressman Ron Paul to our inventory and the response has been overwhelming. Besides their purity, one important but overlooked feature of these coins is that they meet the criteria set forth by the American Open Currency Standard, or AOCS. What exactly is AOCS? The American Open…
Many wonder which is better to buy at this time – gold or silver? An analysis by Hubert Moolman explains how buying silver today at around $30 per ounce is like buying gold when it was $554 an ounce. According to Hubert, silver is currently trading at around 60% of its 1980 high of $50….
In the wake of coordinated action taken by central banks around the world, famed broker Peter Schiff of Euro-Pacific Capital says this action is like a big ‘bell’ ringing for investors to buy gold, silver and bullion in general. Specifically, the U.S. Federal Reserve and other central banks in Europe and Asia reduced (…yet again)…
Talk about a once in a lifetime event!! An anonymous California man recently found $500,000 worth of gold doubloons, old Spanish coins from the 1600s along with assorted array of other gold and silver coins in an abandoned storage unit in Contra Costa, California. The man won the storage unit in an auction held by…
As you know from our prior commentary on the matter, the U.S. dollar used to be backed by gold. Up until the middle of the 20th century, gold and silver were used as currency for common items. A recent article we found fascinating examined the question of what would gold and silver prices be if…
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