US Rare Gold Coins, Crossing to The Upside
The PCGS Mint State Rare Gold Coin Index is a compilation of all US Rare Gold Coin Prices, based on recent sales collected from various points in the industry over that last thirty to sixty days. These charts assist at…
States are in Trouble, May Create another Bailout
State budgets are in trouble. This problem has been dwarfed in part by the larger national and global economic crisis. But one woman, Meredith Whitney, one of the most respected analysts on Wall Street and known for her call big…
Can I clean gold coins
It is not generally advisable to clean gold coins on your own. Like all expensive things, it is best left to a professional who knows his job. If you damage the gold coins while cleaning it, you may damage it…
Jim Cramer on Gold
This morning on MSN Money, Jim Cramer seen on CNBC Mad Money and The Street, posted his comments on gold. He said, “Don’t be distracted by attempts to correlate gold with global events or interest rates. The rush is as…
Real Cost of Living, Inflation is Here!
Ben Bernanke has been talking about low inflation and the threat of deflation for awhile now. In fact it seems to be the main topic of conversation with him these days. My favorite is in his interview on 60 Minutes…
Why is Gold so Valuable?
Gold has been on this earth since the existence of planet. Through years of mining, panning and digging most of the world’s gold supply has been extracted. The initial findings were easier to obtain and didn’t require the use of modern day…
Gold and Silver are Rising
Gold and silver are steadily rising, which is a common trend for this time of year (gold rises an average of 13.1% in the last 4-5 months of the year, 8 out of the last 9 years). As of this…
China Increases Gold Reserves
Shen Xiangrong, chairman of the bourse, told a conference in Shanghai today that China doesn’t normally publish its gold trade figures or comment on its reserves. However, China released their gold figures for this year and revealed that it brought…
Ireland Bailout
It seems that we are living during the age of the “bailout.” Late Sunday in Europe a rescue package deal was sealed to lend Ireland up to 85 billion Euros (112.3 billion US Dollars) at an interest rate of almost…
China and Russia Denounce US Dollar
In an announcement on Tuesday, Premier Wen Jiabao and his Russian counterpart Vladimir Putin said that would no longer use the US Dollar in their bilateral trade agreement. They will be using their own currency when dealing with each other. …
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