GOLD BAR

GOLD BAR
9999 PURE GOLD

Wednesday, December 13, 2017

YELLEN CONCERNED ABOUT U.S. DEBT


FED RAISES INTEREST RATES

The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday. 

"Economic activity has been rising at a solid rate ... job gains have been solid, " the Fed's policy-setting committee said in a statement announcing the federal funds rate had been lifted to a target range of 1.25 percent to 1.50 percent.

Gold and Silver gain about 1% and 2%. 




Monday, December 4, 2017

SILVER'S POSITIVE FUNDAMENTALS

– Increased efforts in green energy and advanced technology set to boosts silver’s demand
– Four-year supply deficit set to increase due to fewer mine openings and discoveries
– Bank manipulation may be why silver under performing
– TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018
– Growing industrial demand combined with monetary safe haven makes silver an excellent diversifier 




Thursday, November 23, 2017

GOLD AND SILVER GAIN ABOUT 1% (11-22)

The Metals:

Gold saw only modest gains in Asia and London, but it then climbed steadily higher in New York and ended near its late session high of $1294.50 with a gain of 0.91%. Silver rose to as high as $17.162 and ended with a gain of 1.12%.

Euro gold rose to about €1093, platinum gained $7 to $937, and copper climbed a penny to about $3.14.

Gold and silver equities rose over 1% by midday and remained near that level into the close.



Thursday, November 16, 2017

Saturday, November 11, 2017

BITING INTO A $1000 GOLD BAGEL

A decade after its debut, the $1,000 Bagel is making a comeback in New York. The luxurious treat has everything from truffle cream cheese, goji berries and of course, gold. The best part? All proceeds from this bagel go to Benefit Holy Apostles Soup Kitchen. Watch Daniela take a bite of the gold leaf-covered bagel.



Monday, November 6, 2017

GOLD, SILVER SEE SOLID RALLIES ON SAFE-HAVEN DEMAND

(Kitco News) - Gold and silver prices were ending the U.S. day session with good gains Monday. The metals were supported by a combination of safe-haven demand and surging crude oil prices that have hit a two-year high. December Comex gold was last up $13.30 an ounce at $1,282.50. December Comex silver was up $0.401 at $17.235 an ounce.


http://www.kitco.com/news/2017-11-06/Gold-Silver-See-Solid-Rallies-On-Safe-Haven-Demand-Rising-Oil.html

Sunday, November 5, 2017

WEEKLY WRAP-UP WITH ERIC SPROTT

Eric Sprott discusses the latest economic data and his outlook for gold and silver prices into year end.







Tuesday, October 31, 2017

1 OZ SILVER COLORIZED ROUND (PUMPKIN GHOUL)

I'm not a big fan of colorized coins but make great gifts.  Holiday rounds are popular.  This Halloween coin includes a velvet pouch.   

https://www.apmex.com/product/154859/1-oz-silver-colorized-round-apmex-pumpkin-ghoul





Saturday, October 28, 2017

RHODIUM IS UP NEARLY 70% YEAR-TO-DATE

Will Rhodium hit $10,000 again? 

https://www.thestreet.com/story/14342837/1/rhodium-prices-have-surged.html


                                                                         Rhodium foil and wire                                                              

Wednesday, October 25, 2017

GOLD AND SILVER END BARELY LOWER


Close
Gain/Loss
Gold
$1277.40
-$0.40
Silver
$16.94
-$0.03
XAU
82.61
-1.07%
HUI
189.57
-1.06%
GDM
631.75
-0.80%
JSE Gold
1346.37
+26.00
USD
93.72
-0.24
Euro
118.03
+0.42
Yen
88.00
-0.03
Oil
$52.18
-$0.29
10-Year
2.434%
+0.017
T-Bond
151.03125
-0.65625
Dow
23329.46
-0.48%
Nasdaq
6563.89
-0.52%
S&P
2557.15
-0.47%

Thursday, October 19, 2017

SILVER BULLION SET TO RISE

Silver is expected to increase as smartphone and solar demand rises.

The Fed will try to stave off economic weakness.

“Silver is definitely undervalued compared to gold and as a stand-alone investment. I consider it likely to be the most undervalued asset in the general investment markets,” says Paul Mladjenovic, author of Precious Metals Investing For Dummies.    


Gold Prices (LBMA AM)
17 Oct: USD 1,289.70, GBP 973.47 & EUR 1,097.02 per ounce
16 Oct: USD 1,305.15, GBP 981.08 & EUR 1,107.03 per ounce
13 Oct: USD 1,293.90, GBP 972.88 & EUR 1,093.73 per ounce
12 Oct: USD 1,294.45, GBP 977.96 & EUR 1,092.26 per ounce
11 Oct: USD 1,290.20, GBP 978.62 & EUR 1,091.90 per ounce
10 Oct: USD 1,289.60, GBP 977.77 & EUR 1,094.61 per ounce
09 Oct: USD 1,282.15, GBP 976.23 & EUR 1,092.01 per ounce
Silver Prices (LBMA)
17 Oct: USD 17.11, GBP 12.96 & EUR 14.55 per ounce
16 Oct: USD 17.41, GBP 13.09 & EUR 14.75 per ounce
13 Oct: USD 17.20, GBP 12.94 & EUR 14.55 per ounce
12 Oct: USD 17.20, GBP 13.06 & EUR 14.50 per ounce
11 Oct: USD 17.15, GBP 13.00 & EUR 14.51 per ounce
10 Oct: USD 17.12, GBP 12.98 & EUR 14.53 per ounce
09 Oct: USD 16.92, GBP 12.86 & EUR 14.41 per ounce


Monday, October 16, 2017

SCIENTISTS DIGGING IN SWISS SEWAGE FIND MILLIONS IN GOLD AND SILVER


  • An estimated 95 pounds of gold rush through Switzerland's sewage pipes and its waste stations each year.

  • About 6,600 pounds of silver flows through those pipes.  


  • Sewers in the United States might contain gold as well


Wanna go sewer diving?


Thursday, October 12, 2017

GOLD AND SILVER END SLIGHTLY HIGHER ON THE DAY


Close
Gain/Loss
Gold
$1293.30
+$0.30
Silver
$17.22
+$0.01
XAU
87.12
-0.02%
HUI
202.21
-0.36%
GDM
659.99
-0.01%
JSE Gold
1301.56
-15.30
USD
93.09
+0.17
Euro
118.34
-0.28
Yen
89.11
+0.21
Oil
$50.60
-$0.70
10-Year
2.317%
-0.032
T-Bond
153.15625
+0.59375
Dow
22841.01
-0.14%
Nasdaq
6591.51
-0.18%
S&P
2550.93
-0.17%



Saturday, September 30, 2017

MY COIN SHOW PURCHASE

Hi guys.  I recently attended the Dearborn Coin Show.  I wasn't looking to buy anything, but I purchased a 2017 Canadian Silver Maple from Kedzie Koins.  I really like the new micro-engraved maple leaf privy mark.  It shows a "17" when viewed under magnification.  The background has radial lines for extra security.  Check out the short video below.





Sunday, September 10, 2017

1998 1 OZ GOLD AMERICAN EAGLE MS-69 PCGS (WORLD TRADE CENTER)

Certified straight from the vaults under heavy security, these coins were loaded into Brink's armored vehicles and sent to be cataloged, graded, and encapsulated by PCGS just after the tragedy of 9/11. With an iconic design and 1 oz of Gold, the 1998 Gold Eagle combines collectibility with bullion appeal. 

http://www.apmex.com/product/60400/1998-1-oz-gold-american-eagle-ms-69-pcgs-world-trade-center



Saturday, September 2, 2017

DEARBORN COIN SHOW IN METRO DETROIT



COIN AND CURRENCY SHOW

BUY / SELL / TRADE / APPRAISALS


120 Tables


September 28, 29 and 30, 2017
Public Invited
Thursday 12pm - 6pm
Friday 10am - 6pm
Saturday 10am - 4pm

$2 Admission good for all 3 days

www.dearborncoinshow.com


DEARBORN PERFORMING ARTS CENTER
15801 Michigan Ave.
Dearborn, MI 48126

Saturday, August 26, 2017

DIG THAT GOLD - NEW GAMING SENSATION GIVES AWAY REAL GOLD!

A new mobile gaming app has entered the scene, and it gives away real gold bars.

Dig That Gold, an application created by London-based tech company Project M, is all about getting gamers to tap into their inner miner.

DIG THAT GOLD



The game is set during the 1849 Californian gold rush and the premise is to mine for gold at different mines on the app. Once you have banked enough virtual gold, you eventually get real gold delivered straight to your doorstep.

So far, the tech company has sent over 1,000 real gold bars to its players, including some celebrities like bronze and silver Olympic medalist Louis Smith.

I will definitely check it out and give it a try.  I love gold bars.     


Mike     

Friday, August 25, 2017

ILLEGAL MINERS IN SOUTH AFRICA SWALLOW GOLD IN CONDOMS

Miners are swallowing unrefined gold and platinum in condoms?  Sounds like a big problem in South Africa.  What do you guys think?


Mike  

http://www.kitco.com/news/2017-08-25/Illegal-miners-in-South-Africa-swallow-gold-in-condoms.html