Wednesday, September 28th, 2016 MST

Monthly Archives: November 2007

Premiums on Gold Eagles up, now back down

The U.S. Mint recently announced that it would ship no more 1-oz Gold Eagles until January 2008. This policy has become the norm for the Mint toward year-end when it shuts down production of current-year coins to prepare for minting the ensuing year’s coins. The announcement resulted in an immediate jump in the premiums on

Ron Paul and sound money

I’ve written before that most CMIGS’ clients know more about the machinations at the Fed than the presidential candidates. That’s not exactly true, however. I would not say that most clients, nor I, know more about the workings of the Fed than GOP candidate Ron Paul. Ron Paul has studied Austrian Economics, which is adamantly

Dollars no longer accepted at Taj Mahal

Tourists to the Taj Mahal and other famous landmarks in India will no longer accept dollars for entrance fees. Indian officials blame the dollar’s decline in foreign exchange markets as the reason. In India, the rupee, a currency rarely accepted outside India, is now preferred to the world’s primary reserve currency. This is further evidence

CEO of World Gold Council interviewed

The World Gold Council (WGC), an international organization supported primarily by the gold mining industry, has the goal of increasing public awareness of gold and the demand for gold. In October 2002, James E. Burton was appointed head of the World Gold Council (WGC). Despite not having experience in the gold industry, Burton engineered several

More talk of $850, even $900 gold

Philip Klapwijk, executive chairman of Gold Fields Minerals Services, a major consultancy based in London, gives his thoughts on the gold market in an interview with resourceinvestor.com. Mr. Klapwijk is not especially concerned with gold’s recent price drop, having thought that gold had “run too far too fast.” He sees not only the chance of

Is the short-term drop over?

Gene Arensberg, in his Sunday Nov. 11 Got Gold Report for resouceinvestor.com, asked: “Why didn’t gold sell off?” If the Got Gold Report had been scheduled one day later, Arensberg wouldn’t have asked the question because gold and silver suffered big setbacks Monday, which was Veterans’ Day, with further drops Tuesday. Today, however, gold and

Legal case involving old US gold coins

Liberty Watch has posted an excellent article about the rapidly growing in fame legal case in which a Las Vegas businessman was not found guilty for paying his employees with old US gold coins, which the businessman and his employees valued at face instead of their Federal Reserve note value. One hundred sixty-one counts were