Keep up to date with all the factors affecting precious metals, with Gainesville Coins market updates.
With the ascendancy of the Chinese economy, the country has embarked on a somewhat under-the-radar mission to undermine the supremacy of the dollar by pricing oil and gold contracts in yuan.
As trade war rhetoric heats up around the world, gold is seeing demand grow.
Precious metals are slightly lower across the board this morning, as the market reacts to the yield on the 10-year Treasury note rising above 3.1%.
Despite only a gradual increase in prices over the past two years or so, gold demand for investment purposes (i.e. coins and bars) is set to rise yet again.
The Winklevoss twins are bitcoin billionaires, but there are two major follies underlying their entrepreneurial success story.
What is bitcoin? Prices have gone parabolic in 2017 yet it's uncertain how "digital gold" or digital coins will fit into the global financial system.
Believe it or not, the amount of electric power required to "mine" Bitcoins is surprisingly high: on average, 20 barrels of oil are consumed for each BTC!
Jamie Dimon, the CEO of JPMorgan Chase, frequently uses his fame and notoriety to move the markets—and then executes trades to profit off the reaction.
Given that many Americans are unaware of the ramifications of Fed policy, this begs the question: Whose interests does the Federal Reserve really serve?