Even with all of today’s modern anti-counterfeiting technology – such as holograms and raised printing – fake currency is still alive and circulating. Just this year a couple in Texas was nabbed for a precious metals scam in which they were selling fake silver bars to victims on Craigslist. Apparently they were trying to pass…
Gold Vending Machines: Trend or Next Big Thing?
You’re out on the town and hungry for gold… What do you do? Head over to the gold vending machine, of course. Gold vending machines have popped up in a few select locations across the U.S. in the past few years. So far, they have been seen in places such as shopping malls, casinos, hotels,…
Greece, the European Debt Crisis & What it Means for Gold
The ancient country of Greece has a very rich and distinguished history in matters of philosophy, science and the arts. But, unfortunately, modern Greece is struggling with a poor and lackluster economy. Prime Minister of Greece Alexis Tsipras and German Chancellor Angela Merkel met in Berlin last Monday (3/23) to try to reach some sort…
Rare Coins Found At the University of Buffalo
While not technically buried, employees of the University of Buffalo recently “uncovered” priceless coins hidden in the college library – a treasure that would make any hunter gleeful. A professor of classics, Phillip Kiernan, had heard a rumor that the library housed some ancient Greek and Roman coins. When he went to investigate, curator of…
Millions Worth of Gold and Silver Down the Drains?
Don’t look now, but there may be gold and silver lurking in your city’s sewers. Seriously. And according to the Smithsonian, not just a little bit either, but likely millions of dollars worth of the rare metals. We recently stumbled across this story that was just too good to pass up. Apparently, Arizona State University…
New Pricing Mechanism to Replace London Gold Fix
Twice each business day via dedicated conference line, The London Gold Fix informally provides a recognized benchmark for pricing gold products throughout the world’s markets. This long established pricing mechanism is set to be replaced according to yesterday’s announcement. Beginning in March 2015, The Intercontinental Exchange (ICE) and the London Bullion Market Association (LBMA) will…
