Category Archives: Trending News

2018 Lunar Year of the Dog: Gold and Silver Coins

February 11th, 2018 by

This coming Friday, February 16th, marks the beginning of the Chinese Lunar New Year. The occasion signals the end of the Year of the Rooster and the start of the Year of Dog in 2018. It is a time of celebration for many cultures around the world. Accordingly, the Lunar New Year is often seen […]

treasure chest of gold coins

Shipwreck From 19th Century Discovered Off the Carolina Coast

February 10th, 2018 by

From the time that Europeans started arriving in the New World during the 16th and 17th centuries, shipwrecks began piling up along the Atlantic coast and in the Caribbean Sea. A company based in Jacksonville, Florida that specializes in recovering treasure these sunken ships believes it may have made a major discovery in the waters […]

super bowl ring

How Much Gold Is In a Super Bowl Ring?

February 4th, 2018 by

Later today, fans in Philadelphia and New England will be hoping their respective football teams strike gold in Super Bowl LII. The Roman numerals “LII” indicate it’s the 52nd iteration of the National Football League’s yearly contest to crown a new champion. Have you ever wondered: How much precious metal goes into a Super Bowl […]

Motor Trend Journalists Visit London’s Gold Market

January 28th, 2018 by

Wealth and lifestyle are often closely interconnected ideas. Sure, there’s always the outlier like Warren Buffett, who has tens of billions of dollars but has chosen to live in the same home and drive the same car for decades. In general, however, people tend to associate large sums of money with a certain outward style. […]

This Guy Paid for a Car With Coins and It Went Viral [VIDEO]

January 20th, 2018 by

Thanks to inflation, it’s increasingly uncommon for people to pay for anything with coins. Perhaps when it’s just a bag of chips or a stick of gum, you may see someone pay with a handful of coins. But what about this: a Chinese businessman bought a BMW—yes, an automobile!—entirely in coins.

mutilated coin

Mutilated Coin Redemption Program Resumes at Mint

December 30th, 2017 by

Efforts to recycle trash are rarely controversial today, but the U.S. Treasury Department has found itself in this uncommon situation over the past few years. The problem centered around the United States Mint’s mutilated coin redemption program.

gold christmas tree

Is This The Coolest Christmas Tree Ever?

December 17th, 2017 by

Gold and silver are often associated with the festive decorations that accompany the Christmas season. The luster and sparkle of precious metals fit in well amid all of the ornaments, snowfall, colorful lights, and red-and-green stockings that abound this time of year. However, a uniquely dazzling Christmas tree display made entirely of gold is bringing […]

Millennial Shoppers Spending More For Holidays

December 15th, 2017 by

As the generation young people known as “Millennials” enter their professions and begin to make up a larger proportion of consumers and investors, marketers the world over have turned their attention to the tastes and habits of this emerging demographic cohort. In many cases, however, the marketing agencies and financial firms that are trying to appeal […]

bitcoin

Bitcoin Goes Parabolic: Is It Digital Gold?

December 10th, 2017 by

When bitcoin prices gain about 10% on a single trading day, as they did during both Wednesday’s and Thursday’s sessions, the corresponding price increase is now more than $1,000. In one day! (However, prices then fell by more than $2,000 overnight on Friday.) The cryptocurrency sensation has clearly reached a fever pitch. For those unacquainted, bitcoin is the oldest, […]

Expecting a Snack Yet Finding Gold Krugerrands?

December 2nd, 2017 by

A retirement home in South Africa recently received what appeared to be a package of nutritional drinks. There was nothing particularly exciting about this routine development—until employees at the facility discovered something hidden beneath the drinks. In a box underneath the snacks, they were astonished to find a huge cache of gold coins!

Anglo-Saxon Gold Coin Hoard Found With Metal Detector

November 25th, 2017 by

On nearly a monthly basis, a metal detectorist or group of adventurous people with metal detectors somewhere in Great Britain uncovers a buried artifact that classifies as treasure under U.K. law. Any item containing at least 10% gold and dating more than 300 years old qualifies for the “treasure” designation, entitling the finder and land […]

An Eerie Solution For Recovering Gold From Waste

November 18th, 2017 by

What future generations decide to do about the ever-growing number of landfills around the world is the kind of question that keeps conservationists up at night, and recovering gold from this waste is appealing. The problem is especially pressing in the dense urban areas where trash and other waste is generated in high volumes. For […]

bitcoins

Bitcoin Mining Extremely Energy-Intensive

November 15th, 2017 by

One of the biggest advantages of cryptocurrencies like Bitcoin that crypto advocates cite is the ease with which these new forms of “digital cash” can transfer value all around the world. Compared to an international bank wire, sending someone your Bitcoins is generally a faster method, although it’s worth noting that high transaction fees may […]

Concerns About Counterfeit Gold Grow Louder

November 12th, 2017 by

When someone buys a gold bar, they must trust that the bullion dealer, or whomever is selling the bar, is reputable and knows what they are doing. In other words, they—the customers—believe that what they are buying is real. While it’s true that everyone makes mistakes, such an error can cost a bullion dealer their […]

World’s Miners Running Out of Gold Deposits?

November 5th, 2017 by

Because of its many unique roles and properties, no one factor determines the price of gold. The calculus is more complex than that. However, if there’s one thing that’s an inescapable part of the gold price equation, it’s the dynamic between supply and demand.

More Shipwreck Gold From S.S. Central America

November 4th, 2017 by

S.S. Central America, an American steamer, sank in the Atlantic in 1857 carrying a significant quantity of gold bullion. Its original haul is estimated at more than a metric ton, and was perhaps as much as 20 tons, including thousands of what are now scarce $20 double eagle coins. Although the first coins and treasure from […]

Can Gold Safely Be Recovered From Electronic Waste?

October 22nd, 2017 by

You may not have realized it, but there are actually tiny amounts of gold in every single one of our electronics. Gold is the only element with the necessary properties (high conductivity and high malleability) that make it an efficient component of microchips. In fact, gold is the most malleable and ductile metal found on […]

Scientists Find Evidence of Gold’s Origins

October 17th, 2017 by

Human beings were extracting gold from the ground and rivers for thousands of years before the birth of the Periodic Table of chemical elements in the late 19th century. About as soon as scientists began to discover and synthesize new elements, however, the profound differences between groups of related elements started to take shape. Perhaps […]

Swiss Researchers Find Precious Metals In the Sewers

October 14th, 2017 by

One of the facts of the post-industrial world is that affluent societies waste a great deal of resources, whether it is food, energy, or otherwise. In Switzerland, where 70% of the world’s gold gets refined, trace amounts of precious metals (primarily gold and silver) have been detected in the country’s waste water. The concentrations are […]