For the second time in just three years, the format of the London silver fix will change to accommodate a new administrator.
Burying the dead with their prized possessions was, in many corners of the world of antiquity, a common funerary practice. So do we as modern treasure seekers still have permission to be creeped out when our newly discovered treasure is accompanied by skeletal remains? One man in Stowting, Kent, located in southeast England, may have […]
Traditionally, since at least the Great Depression, the U.S. government has consistently discouraged (at times, outright prohibiting) its citizens from owning gold. There are a number of reasons for this.
One of the most sensitive secrets protected by the Washington establishment—more so than its surveillance programs, its nuclear arsenal, or even Area 51—is the massive cache of gold reserves held at the federal depository in Fort Knox, Kentucky.
People of a certain generation will sometimes choose to eschew a checking or savings account at a bank for their own “in-house” form of saving their money: stuffing cash in the couch. Although the rapid changes of the Digital Age have made electronic banking and even online or mobile banking more convenient for Millennials, many Baby […]
There’s a great deal of talk about “fake news” in the media these days, but we don’t as often hear about the growing pandemic of fake money. Rather than a concerted effort by determined ne’er-do-wells, this recent spate of incidents involving fake money is actually a case of Hollywood not taking better care of its props!
Although the Citizens Coinage Advisory Committee (CCAC) doesn’t get a great deal of attention, the volunteer committee that helps choose new U.S. commemorative coin designs is about to get an injection of star power: Basketball Hall-of-Famer Kareem Abdul-Jabbar has accepted a position on the committee. In addition to his instant name recognition (and unmistakable 7’2″ […]
Here is a caper that is perhaps more fit to grace the pages of a movie script than a news site, but it is true nonetheless. Over £33,000 ($41,000) in coins were stolen from a distribution company in the Stoke Gifford village of South Gloucestershire, England. It was not the sum but the method by […]
The new president has trumpeted the promise to “Make America Great Again,” or simply known as the shorthand #MAGA, a central and consistent refrain of his agenda. It seems that one of Donald Trump’s first orders of business is making the U.S. dollar great again.
It’s not often that the subjects of coins or precious metals are cast in a prominent role in the media. Aside from the occasional news story about the discovery of a rare coin or some other numismatic happening with national interest, it’s safe to say that coins don’t make it into many Hollywood scripts. However, […]
Last fall, an 86-pound bucket of gold flakes was stolen from an armored truck in Manhattan. The estimated value of the bucket—$1.6 million. After an exhaustive search, the alleged thief was brought to justice on January 20th.
The Chinese Lunar New Year begins on February 8th, reckoned in this calendar as the year 4714. It is also a time to welcome in the Year of the Rooster in the 12-year Lunar cycle. For those curious about their own birth year, the Year of Rooster arrived in 1921, 1933, 1945, 1957, 1969, 1981, 1993, […]
Since the presidential election in November, the financial sector has ridden a fantastic rally to heights that only a few short months ago seemed improbable. Some of the biggest banks in the U.S. have seen their share prices rise by 20% to 30% in less than a quarter. Now, the executives running these TBTF banks […]
We have all heard enough Hollywood stories of excess, squandered fortunes, and poor decisions to know that star entertainers don’t always hold onto the millions of dollars they earned in showbiz. Yet, it seems that the beloved pop star Prince, who passed away in 2016, was one of the wiser investors among his peers in […]
In small, highly pure particles, gold is present virtually everywhere. Sure, the amounts are microscopic, but you’d be shocked by how much gold is drifting around in the ocean in the form of flakes, or twinkling through rivers and streams that have carved through ancient rock formations where it may also be found as gold dust. […]
People are finding rare or historic antiques like furniture, art, and precious metals in old family homes and estate sales on a somewhat regular basis. If this wasn’t the case, popular television programs like Pawn Stars and Antiques Roadshow would not be on the air. Yet one family in Shropshire, England never expected they would find gold hidden in […]
The Royal Australian Mint, which handles the production of all of Australia’s circulating coinage, has a wonderful way of ringing in the New Year’s Day holiday. This annual celebration with the public is quickly becoming a tradition at the mint.
In finance and investing, a “Black Swan” is a symbol for an unexpected event or factor that causes a sudden shock to markets. An unforeseen shift in political power, a war breaking out, or any number of troubling events could result in the market disruptions and dislocations that characterize a Black Swan. Investors (as a […]
Could you ever imagine someone throwing away a commodity as valuable as gold? As difficult as it may be to believe, people are literally flushing millions of dollars worth of gold down the drain each year! It begs a rather strange pair of questions: How much lost gold is really hidden in our sewer systems? […]
Sometimes, developments in the real world tap into our memories and feelings as they relate to a work of fiction. This is perhaps no more acutely felt than in situations where real-life artifacts tell us something about a romanticized period in the past. In this case, the Sherwood Forest of Robin Hood lore has yielded […]