Coin Collecting News
After two slower months, sales of the United States Mint’s American Silver Eagle bullion coins rocketed higher in January 2012 to more than 6 million ounces. Sales of American Gold Eagles also jumped, reaching 127,000 ounces. The month of January has traditionally been one of the strongest for US Mint bullion sales. This is driven [...]
For the second time this year, the United States Mint has increased the prices for the numismatic gold coin offerings. The last price increase took place two weeks ago. Since early 2009, the US Mint has utilized a flexible pricing policy for numismatic gold and platinum coins that allows adjustments to be made as frequently [...]
On January 18, 2012, the United States Mint has increased the price of the 2011 Proof Platinum Eagle. The previous pricing action on December 21, 2011 had brought the price of the coin to its lowest level during the course of the offering. The one ounce proof 2011 Platinum Eagle continues the six year design [...]
As I expected, my last column where I raised the question whether it would really be so bad if the US dollar failed brought on a storm of comments. Along with many thoughtful points, there were some comments from people who just didn’t think through the implications of my question. Perhaps another story from history [...]
If you asked the average American if it would be a financial catastrophe if the US dollar failed, I’m sure he or she would emphatically agree. In fact, I suspect those answering the question would consider the possibility to be a disaster of epic proportions. But, if you really think about it, maybe it wouldn’t [...]
After a gap of three years, the United States Mint may bring back the American Platinum Eagle bullion coins. Although numismatic versions have continued to be issued annually, the bullion versions have not been minted or issued since 2008. The American Platinum Eagle was introduced in 1997, complementing the US Mint’s existing gold and silver [...]
The United States Mint has increased the prices for the available 2011 numismatic gold coins. This is the first pricing adjustment of the year for numismatic gold products. The US Mint uses a flexible pricing policy for numismatic gold and platinum coins, which allows adjustments to be made as often as weekly based on the [...]
The United States Mint began accepting orders for 2012-dated American Gold and Silver Eagle bullion coins on January 3, 2012. The opening sales numbers exceed the levels seen for the prior year. Bullion coins produced by the US Mint are distributed through a network of authorized purchasers who are able to buy the coins in [...]
There are a myriad of calamities and catastrophes that could affect financial markets in the US or worldwide in 2012. Pretty much all of them would spur more people to seek to purchase physical gold and silver. Whether or not these come to pass, and when, and how great an impact they will have on [...]
Rampant Public Deception
A major theme in my writings is that the mainstream media is not doing its job. Far too often, the media is taking spoon-fed economic and financial headlines from governments and their major trading partners and passing along the information as being true. There are too many instances where the underlying information negates or contradicts [...]