Tag: CNBC

Silver Shipwreck: 61 tons recovered from the ocean floor – CNBC

Silver Shipwreck: 61 tons recovered from the ocean floor – CNBC

By: Paul Toscano| Producer, CNBC.com ………. Shipwrecks and sunken treasure may seem like a story lifted from a pirate movie, but a company that finds and recovers precious cargo from the bottom of the sea has come up with a haul of silver valued at over $36 million. On Monday, Tampa-based Odyssey Marine Exploration announced […]

By July 22, 2013 1 Comments Read More →
Returning to Gold Standards?

Returning to Gold Standards?

CNBC’s Larry Kudlow talks with Utah Rep. Brad Galvez on whether bringing gold and silver coins back as legal tender would strengthen the Dollar. Legislation is presently being discussed in Utah, Colorado, Montana, Washington, Iowa, Oklahoma, Missouri, New Hampshire, Indiana, Virginia, Tennessee, South Carolina and Georgia. Under the proposals, Gold and Silver coin, minted by […]

By March 5, 2011 3 Comments Read More →
Global gold demand at 10 year high in tonnage and all time high in value in 2010

Global gold demand at 10 year high in tonnage and all time high in value in 2010

2010 was an outstanding year for gold, with strong demand across all sectors, the World Gold Council said today. Gold demand for the year reached a ten year high with annual demand of 3,812.2 tonnes worth approximately US$150 billion. On 9 November 2010, this demand led to a new record gold price of US$1,421.0/oz on […]

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