May 16, 2023
Coin collecting is one of the easiest and most enjoyable ways to get involved in the precious metals industry. You can learn about fascinating moments in history and have a tangible piece of the past right in your own hands. In addition, a large collection can be a valuable asset. Investing in precious metals futures […]
March 21, 2023
The precious metals industry is subject to marketplace fluctuations, political volatility, industrial demands, and consumers’ response to economic instability. In order to brace against these factors and maintain a successful business, precious metals traders often turn to the futures markets to secure their margins—mitigating against both unsustainable gains and devastating losses. Futures markets involve legal […]
January 05, 2023
The ocean floor is chockablock with shipwrecks. The hunt for these vessels can consume decades of an individual’s or organization’s time and the cost of searching is enormous: boats, submersibles, personnel, equipment, and research are just some of the expenses incurred during underwater exploration. And the worst part is, it may all be for naught. […]
November 22, 2022
The history of precious metals mining is inextricably linked to the social and economic development and exploration of the world. The use of precious metals for currency originates in ancient times and since then, wealth has fueled the power and expansiveness of kingdoms, nation-states, countries, and individuals. The technology used to extract these precious metals […]
September 29, 2022
The gold-silver ratio is the relationship between the price of gold and silver, expressed as the number of ounces of silver required to equal the value of one ounce of gold. As of this writing, the ratio is 85.6:1. The ratio tends to be a reliable barometer for global economic, social, and political stability and, […]
August 19, 2022
Gold is forged in the death of stars. It was sailing around in the gas and dust that created our sun and the planets of our solar system. Once just a theory, scientists finally observed evidence of its formation in August of 2017 when the Laser Interferometer Gravitational-Wave Observatory (LIGO) detected the remnant cores of […]
July 11, 2022
Gold has always held intrinsic value and, since ancient times, has been revered for its beauty, association with the divine, and as a representation of wealth and status. Gold coins were among the first currency in ancient times. Because gold’s value is universally accepted, its use as currency eventually became standardized. In 1816, Britain officially […]
May 20, 2022
Gold has captured people’s imagination since its discovery. In ancient times, it was believed to have been a dense melding of sunlight and water, a mystical creation associated with deities, beauty, and power. Gold can be found all over the world and, as such, it is valued by a vast array of cultures. Its physical […]
April 13, 2022
In March of 2022, the London Bullion Market Association (LBMA) and the CME Group, Inc barred six Russian precious metal refiners from the London Good Delivery Lists for gold and silver. This move coincided with the US Treasury Department’s declaration that any transactions involving gold from Russia’s Central Bank are included in the full spectrum […]
September 14, 2020
Since President Nixon’s abandonment of the Bretton Woods System in August of 1971 the price of gold in US Dollars has been allowed to fluctuate from its previously set price of $35.00 per troy ounce. Since 1971 there have been both extended periods of gold price stability as well as several instances of rapid price […]