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  • January 2013 sees record-setting demand for Silver American Eagle coins

    January 30, 2013 – Sales of American Eagle silver coins from the U.S. Mint rose to an all-time monthly high in January, according to Reuters. The milestone was reached after the Mint resumed sales of its highly sought 2013 silver coins. Sales of the coin were paused earlier this month on Jan. 17,...
  • Nevada Judge Sets Auction Date for $7.4 million Gold Coin Fortune

    January 29, 2013 – With an eye on the $800,000 worth of inheritance tax due to Uncle Sam, District Judge James Wilson of Carson City, Nevada set an auction date for the $7.4 million coin collection of the late Walter Samaszko, Jr. As reported in theLas Vegas Sun, the gold coins will be auctioned ...
  • Investment in gold bullion and gold coins trumps investment in gold mines

    January 23, 2013 – Last year, gold investors typically dedicated their resources into one of four categories: gold bullion, gold coins, gold mining stocks or new funds which only invest directly in the precious metal itself. But which one has provided the greatest return and security? A recent ...
  • U.S. Treasury Takes Money from Pension Funds for Debt Ceiling

    January 16, 2013 – U.S. Treasury Secretary Timothy Geithner said Tuesday that the government has begun pulling money from the federal employee pension fund in order to keep the government operating, the Associated Press reported. The government reached its borrowing limit on the final day of 20...
  • U.S. & France to Repatriate German Gold to its Motherland

    German gold reserves stored in American and French vaults will be brought back to Germany, following a decision by the country’s central bank, CBS News reported today. The Bundesbank, Germany’s central bank, is bringing back all 450 tons of gold bullion reserves stored with the Bank of France...
  • Gold begins to climb as Fed signals monthly $85 trillion bond buyback to continue

    Today President Barack Obama stated that if the Congress did not approve the debt ceiling, then the Treasury will not be able to pay the bills that Congress previously approved. Obama stressed several times that restricting the debt ceiling would prevent the country from honoring its commitments to ...
  • Investor Eric Sprott suggests that Fed is trying to talk citizens out of gold

    January 9, 2013 -- The Federal Reserve may be intentionally trying to discourage investors from buying gold by forcing down the market price for gold bullion, investor and asset manager Eric Sprott suggested to King World News in an interview last week. “I look at the minutes of the [Fed] meeting...
  • Indian man commissions a $230,000 shirt made of gold

    January 8, 2013 – In the Indian city of Pune, 42-year-old finance broker Datta Phuge has had a shirt custom-stitched from gold, combining his investment with a desire to make a bold statement. “I am a Maratha [a person belonging to a warrior caste]. Marathas have fascination for wearing golden ...
  • Scientists Use Real Gold Nanoparticles to Dye Hair

    January 7, 2013 – Throughout history, people of wealth, power and influence have been adorning themselves and their prized possessions with gold. However, thanks to a recent scientific study, they soon may be able to attach themselves to the precious metal like never before. Recent findings relea...
  • Rare U.S. Silver Dollar Sells for Record-breaking $10 Million

    January 26, 2013 – An extremely rare silver dollar from1794 was sold for $10 million at an auction on Thursday, the Huffington Post reported. The Flowing Hair Silver Dollar coin, which many believe was from the first batch of coins struck by the U.S. mint, brought in more than twice the previous r...

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