Tag: global economy

2017 India Gold Imports Already Exceed 2016

2017 India Gold Imports Already Exceed 2016

By Everett Millman – Gainesvillecoins.com ……   For generations, India has been known as one of the world’s primary sources of gold demand. However, last year its gold imports fell off considerably due to a variety of new policies by the Indian government regarding gold ownership, taxation, and even the supply of paper money in […]

CoinWeek: Striking a Modern Medal – 45 Years of Chinese & German Friendship

CoinWeek: Striking a Modern Medal – 45 Years of Chinese & German Friendship

CoinWeek editor Charles Morgan travels to Berlin, Germany to join Champion Auctions President and Show Panda Creator Michael Chou at a special striking ceremony for the 45 Years of Chinese & Germany Friendship Medal, featuring two Chinese Pandas and the Berlin Bear. The program is a Chinese and German collaboration that features medals struck in […]

45 Years of Sino-German Friendship: Commemorative Panda Medals Struck

45 Years of Sino-German Friendship: Commemorative Panda Medals Struck

In 2017, the People’s Republic of China and the Federal Republic of Germany celebrate the 45th anniversary of the establishment of their diplomatic relations. Together with Michael Hans Chou, owner of Champion Leilo Co., Hong Kong, the auction house Künker took this as an occasion to initiate two Panda medals of which the German version’s […]

Commemorative Medals Celebrate Chinese German Friendship and Two Pandas Going to Berlin Zoo

Commemorative Medals Celebrate Chinese German Friendship and Two Pandas Going to Berlin Zoo

The commemorative medals were created by two top-notch designers and feature an official logo A pair of Chinese pandas — “Meng Meng” (梦梦) (a four-year-old female) and “Jiao Qing” (娇庆) (a seven-year-old male) — are about to be unveiled at the Berlin Zoo’s new panda pavilion. The pavilion cost nine million euros (approx. $10.24 million) […]

CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

By Coinweek ….   CoinWeek News Wire for June 23, 2017 Brain Food 1.) Does Japan’s five-yen coin need a foreigner-friendly redesign? The five-yen coin is the only denomination without its value written in numerals. The only indication of its worth is in the kanji characters 五円, which mean “five yen,” and so foreign visitors […]

Bullion & Precious Metals – Falling Platinum Price Hits South African Mines

Bullion & Precious Metals – Falling Platinum Price Hits South African Mines

By Everett Millman – Gainesvillecoins.com ……   Platinum is grouped together with gold and silver, as well as its cousin palladium, under the umbrella of “precious metals”. However true, this somewhat obscures the fact that platinum is an increasingly useful industrial metal. But it’s unlikely that anyone expected a continual decline of this magnitude: In […]

CoinWeek News Wire for June 16, 2017

CoinWeek News Wire for June 16, 2017

By Coinweek ….   CoinWeek News Wire for June 16, 2017 Brain Food 1.) What’s the Difference Between the Edge and the Rim of a Coin? The edge runs around the entire circumference of the coin, and is the portion that has the reeding on it if it’s a dime or quarter dollar. The rim […]

On the Immense Popularity of the Sacagawea Dollar in Ecuador

On the Immense Popularity of the Sacagawea Dollar in Ecuador

By Shaquille Brissett for Gainesville Coins ….   There is, in South America, a curious numismatic trend that challenges our assumptions of what is marketable and what is not. See, the one-dollar coin has historically been a hard sell in the United States. Its incarnations, like the Susan B. Anthony dollar or the Sacagawea dollar, […]

Gold Fades as the Dollar Grows Stronger

Gold Fades as the Dollar Grows Stronger

Commentary for Thursday, March 2, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $17.10 at $1,232.90 today in the face of rising optimism and it was a pretty rough day for all the metals. It will be tough for gold to get any traction as […]

Guest Commentary – U.S. Dollar Destined to Move Higher

Guest Commentary – U.S. Dollar Destined to Move Higher

By Dr. Richard S. Appel – UniqueRareCoins.com ……   As counter-intuitive as it may seem to many, I believe the world-wide desirability to own the much, maligned U.S. Dollar is destined to rise. To my mind, the recent upside break-out of the U.S Dollar Index is a major event and confirms my belief. It is […]

CoinWeek News Wire for December 16, 2016

CoinWeek News Wire for December 16, 2016

By Coinweek ….   CoinWeek News Wire for December 16, 2016 Current Events 1.) The reasons Saudi Arabia stopped issuing paper riyals “The number of one Riyal banknotes constitutes half of the banknotes in circulation. This posed challenges and it was thus decided to gradually replace it with coins,” the monetary said… 2.) Venezuela to replace high […]

By December 16, 20160 Comments Read More →
World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports ….   While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 […]

By November 30, 20160 Comments Read More →
World Banknote News – Zimbabwe Introduces Bond Notes

World Banknote News – Zimbabwe Introduces Bond Notes

By Reserve Bank of Zimbabwe …..   The Reserve Bank of Zimbabwe is pleased to advise the nation of the introduction of bond notes with effect from Monday, 28 November 2016. The bond notes will be released into the market through normal banking channels in small denominations of $2 and $5 to fund export incentives […]

By November 29, 20160 Comments Read More →
Precious Metals & the World Economy – Russian Gold Reserves Grow

Precious Metals & the World Economy – Russian Gold Reserves Grow

By Everett Millman – Gainesville Coins …….   This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces […]

Secret Gold Vaults in the Swiss Alps

Secret Gold Vaults in the Swiss Alps

By Everett Millman – Gainesville Coins …….   Switzerland has long had a reputation—sometimes a dubious one—for being a safe place to stash one’s wealth away from the prying eyes of tax authorities. Right or wrong, the notion of a “Swiss bank account” is synonymous with evading taxation. Now, the ultra-rich seem to have discovered […]

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Islamic Gold Dinar By Everett Millman – Gainesville Coins …….   One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another […]

Gold Market Report – Gold Blinks in the Face of Higher Interest Rates

Gold Market Report – Gold Blinks in the Face of Higher Interest Rates

Commentary for Friday, May 27, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold market closed down $11.40 at $1207.70 in another round of selling going into the long weekend. Fed Chair Janet Yellen’s public comments today were very hawkish – she is pleased with most aspects of […]

World Precious Metals Market – Is Russia Planning a Gold Ruble?

World Precious Metals Market – Is Russia Planning a Gold Ruble?

By Everett Millman – Gainesville Coins ……….   Over the past five to seven years, there has been a consistent flow of gold bars out of Western vaults in New York and London. The destination of this gold bullion has been the East—especially China, Russia, and Russia’s closest Eurasian allies. One question that the past […]

World Paper Money – Swiss Love Banknotes, Rebuff Plastic

World Paper Money – Swiss Love Banknotes, Rebuff Plastic

As the world continues to adopt electronic methods of payment, Switzerland embraces the regular use of paper currency By Joshua McMorrow-Hernandez for Coinweek …….   At a time when the European Union is encouraging its member nations to eliminate high-denomination banknotes to help discourage criminal use of paper currency, independent Switzerland is keeping its 200- […]

Gold Markets Report – Gold Closes Higher Over the Belgium Attacks….but….

Gold Markets Report – Gold Closes Higher Over the Belgium Attacks….but….

Commentary for Tuesday, March 23, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $4.40 at $1248.60 on the Comex today. The Belgium terror attacks created early safe-haven buying in gold bullion during the overnight Hong Kong market. The initial news pushed gold to $1260.00 but […]

Guest Commentary – The Significance of the Dollar’s Double Top to the Gold Price

Guest Commentary – The Significance of the Dollar’s Double Top to the Gold Price

By Dr. Richard S. Appel – UniqueRareCoins.com ……   Double tops or double bottoms often indicate an important change in price trends. In the case of a double top, it shows a price level at which much selling is generated. Buyers, on the other hand, are exhausted, and cannot generate sufficient buying pressure to move […]

Gold Markets – Gold Closes Stronger

Gold Markets – Gold Closes Stronger

Commentary for Monday, February 29, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $14.10 at $1233.90 on the Comex today. China claimed it would lower bank reserve requirements in an attempt to stimulate – which favors the fear that something is not right. But I […]

Guest Commentary – Has Gold Entered a New Bull Market, or a Bull Trap?

Guest Commentary – Has Gold Entered a New Bull Market, or a Bull Trap?

By Dr. Richard S. Appel – UniqueRareCoins.com ……   Since the middle of December, gold has executed an impressive advance. It rose from $1,047 to an inter-day high of $1,263. Money is again flowing into the yellow metal in response to a confluence of positive technical indicators, continued deterioration in other markets, as well as […]

By February 18, 20160 Comments Read More →
Precious Metals – COMEX and LBMA Spot Gold Price Differences

Precious Metals – COMEX and LBMA Spot Gold Price Differences

By Bullion Shark, LLC………   Just like the famous phrase in the movie Wall Street “money never sleeps,” neither does the gold market. Well, it almost never does. Unlike the stock market, which opens every day at 9:30 am Eastern time and closes at 4 pm Eastern time, the gold market trades 24 hours a […]

Gold Market Newsletter – Gold Moves Above $1100.00 Again

Gold Market Newsletter – Gold Moves Above $1100.00 Again

Commentary for Friday, January 25, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc….   Gold closed up $9.00 on the Comex today at $1,106.20 – which is good but without some follow-through momentum this pitch up remains part of the defensive picture. Normally – as the technical picture improves this […]

Money Metals Exchange Issues 2016 Gold/Silver Forecast

Money Metals Exchange Issues 2016 Gold/Silver Forecast

By Clint Siegner – Money Metals Exchange….   Looking Ahead to 2016 Forecasting today’s volatile, high-frequency, machine-driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than […]

By December 30, 20150 Comments Read More →
Money Metals Exchange: Undeniable Truths about Precious Metals (Don’t Forget These…)

Money Metals Exchange: Undeniable Truths about Precious Metals (Don’t Forget These…)

By Clint Siegner – Money Metals Exchange….   From first to worst. Gold and silver were the best assets to own during the first decade of this century. During this second decade… not so much. Precious metals bulls have endured four years of prices drifting lower punctuated by periodic smash-downs and the occasional false-breakout. What […]

By November 18, 20150 Comments Read More →
Citibank Calls for Helicopter Money Drops across Globe

Citibank Calls for Helicopter Money Drops across Globe

By Stefan Gleason – Money Metals Exchange….   A quietly panicking Janet Yellen and the Federal Open Market Committee (FOMC) decided the U.S. economy still isn’t ready for an interest rate hike last week and left the Fed funds rate at essentially zero – the same level to which the Fed’s credibility has now sunk. […]

By September 25, 20150 Comments Read More →
Infographic – Assessing the Potential Risk of a Greek Default

Infographic – Assessing the Potential Risk of a Greek Default

Presented and produced by Gainesvillecoins.com …….   On Friday, April 24, the finance ministers of Europe once again met to discuss the fate of Greece’s bailout program. Although no definitive course of action was expected to come out of this meeting, it was yet another chance to assess the potential consequences if indeed the Greek […]

Realism or Absurdity? Fiat Money and TBTF (Too Big To Fail) in 2015

Realism or Absurdity? Fiat Money and TBTF (Too Big To Fail) in 2015

By Geoffrey Cope….   The fear of GERMANY. Is it real? – read more: SPRING 2015 – Following the November 16th, 2014 G20 nation meeting in Brisbane, the confiscation of depositor funds was not a one-off emergency measure limited to Cyprus. Similar “bail-in” policies or models are now appearing in multiple countries. New Rules: Cyprus-style […]

 
LLC. Copyright © 2017 All rights reserved. No portion of this site may be reproduced or copied without Written Permission
PO Box 4203 Ormond Beach, Florida 32175 | Office Hrs M-S 7:00AM-7:00PM | Toll Free: 800-579-5228 | Email:news@coinweek.com

ABOUT COINWEEK | ADVERTISING | WEEKLY COIN GIVEAWAY | CONTRIBUTE ARTICLES | NEWSLETTER | TERMS OF USE
Real Time Analytics