Tuesday, December 11th, 2018 MST

Category: Interesting Issues

New Year’s Promotions – be wary

As 2019 rolls around, advertisements will abound with promotions of 2019-dated gold and silver coins.  Many ads will promote First Release or Early Release gold coins at prices hundreds of dollars above the price of bullion coins.  In truth, First Release and Early Release coins are only bullion coins that have been “slabbed” (put in

Ron Paul and gold

Millennials, It was astonishing that when Ron Paul dropped out of the 2012 presidential race many of his followers jumped to supporting Bernie Sanders, an avowed socialist.  Ron Paul, of course, is a libertarian who rails against socialism in all forms.

Germany repatriates its gold, at least some of it

Last week Germany’s central bank pompously announced that it had completed its repatriation of $31 billion in gold from Paris and New York, ridiculing earlier speculation that the gold had somehow been compromised.  A widely circulated theory was that Germany’s gold had been borrowed by bullion houses and delivered against futures contracts that were sold

Massive Gold Maple Leaf stolen

Early last Monday morning, burglars broke into Berlin’s Bode Museum and stole a 100-kilogram [221-pound (avoirdupois)] .99999 fine Gold Maple Leaf with a face value of C$1,000,000.  However, the C$1 million face value was nominal.  The coin’s gold value was right at $4 million.