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Gold and Silver Financial Review 08/30 by Gold Radio Cafe | Finance Podcasts
Friday, August 30, 2013
Thursday, August 29, 2013
Wednesday, August 28, 2013
Canadian Mint Bullion Sales Break Record
OTTAWA, ONTARIO – August 27, 2013 – Today, the Royal Canadian Mint reported the achievements of an extraordinary second quarter with an increase in consolidated revenues of 93.8% to $1.05 billion in the 13 weeks ending June 29, 2013.
“This unprecedented result was due to the soaring demand for the Mint’s world-renowned Gold and Silver Maple Leaf bullion coins and sustained popularity of our expertly handcrafted numismatic products,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Our employees continue to surpass customer expectations while the Mint remains at the forefront of new technologies and innovations.”
The volume of Gold Maple Leaf sales increased 144% to 403,000 ounces during the same period in 2012, while sales of Silver Maple Leaf coins increased to 6.4 million ounces from 4.0 million ounces. The Mint’s Numismatics and Collectibles Business Line continued to grow, with revenues increasing 29.6% to $40.7 million. The issuing of 51 collector coins during the quarter resulted in 13 sell-outs, with the most popular coins featuring new technologies and special characteristics such as ultra high relief, niobium and the glow-in-the dark application. www.mint.ca
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“This unprecedented result was due to the soaring demand for the Mint’s world-renowned Gold and Silver Maple Leaf bullion coins and sustained popularity of our expertly handcrafted numismatic products,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Our employees continue to surpass customer expectations while the Mint remains at the forefront of new technologies and innovations.”
The volume of Gold Maple Leaf sales increased 144% to 403,000 ounces during the same period in 2012, while sales of Silver Maple Leaf coins increased to 6.4 million ounces from 4.0 million ounces. The Mint’s Numismatics and Collectibles Business Line continued to grow, with revenues increasing 29.6% to $40.7 million. The issuing of 51 collector coins during the quarter resulted in 13 sell-outs, with the most popular coins featuring new technologies and special characteristics such as ultra high relief, niobium and the glow-in-the dark application. www.mint.ca
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"He who holds the gold, makes the rules."
Paper gold is for speculators, bullion is for serious investors. BK
Austrian Mint Gold Sales Jump
Muenze Oesterreich AG, the Austrian mint that makes Philharmonic coins, increased sales this year after tumbling gold prices fueled demand.
Sales of gold coins from January to July rose 79 percent from a year earlier to 383,500 ounces, according to data e-mailed by the Vienna-based mint, almost matching those for the whole of last year of 400,000 ounces.
Mints saw sales jump after the price of gold, 15 percent lower this year, plunged into a bear market in April. Surging demand for jewelry, coins and bars in Asia helped prices rally as much as 21 percent since the end of June. LINK...
Sales of gold coins from January to July rose 79 percent from a year earlier to 383,500 ounces, according to data e-mailed by the Vienna-based mint, almost matching those for the whole of last year of 400,000 ounces.
Mints saw sales jump after the price of gold, 15 percent lower this year, plunged into a bear market in April. Surging demand for jewelry, coins and bars in Asia helped prices rally as much as 21 percent since the end of June. LINK...
Labels:
Austrian Mint,
Gold Bullion,
Gold Coins,
Gold Demand,
Gold Sales,
Philharmonics
Sunday, August 25, 2013
Gold Demand Surges in Indonesia
[JAKARTA] Gold jewellery demand in Indonesia is set to expand to a four-year high as consumers in Southeast Asia's biggest buyer join India to China in increasing purchases as prices slump and the middle class expands. LINK...
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Asia is gold's future trading hub. Gold is in the process of leaving the West behind and moving East, follow gold to prosperity as economic history dictates over the centuries. BK
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Asia is gold's future trading hub. Gold is in the process of leaving the West behind and moving East, follow gold to prosperity as economic history dictates over the centuries. BK
Labels:
Gold Asia,
Gold Demand,
Gold Indonesia,
Gold Singapore,
Gold Trading
Friday, August 23, 2013
Gold and Silver Financial Review 08/23 by Gold Radio Cafe | Finance Podcasts
Recorded LIVE Today at 12:00pm EST
Listen To Finance Internet Radio Stations with Gold Radio Cafe on BlogTalkRadio
Gold Now Trading at $1,800/oz in India
Labels:
Gold Bullion Banks,
Gold Confiscation,
Gold Imports,
Gold India,
Gold Suppliers,
gold taxes,
IMF Gold
Thursday, August 22, 2013
Platinum Bars and Coins
Heraeus Market Report
Good Morning,
A whole lot of nothing…That’s what the general consensus seems to be regarding yesterday’s release of FOMC minutes from the most recent meeting of the Fed minds. There’s no question that tapering will eventually happen but the “sooner or later” part of the equation has yet to be solved. All calculus, trigonometry and algebra aside, the simple sum of whether the job market is healthy and inflation reaches an optimum level will continue to be the proverbial trip wire for the beginning of the end of Quantitative Easing. After the dust settled, 10-year bond yields had surged to 2.9% and the DJIA had lost over 100 points by the end of the session. Gold closed the day at $1370.6 and now trades at the day’s high of $1374.8. The rest of the complex is in the green to start the day as will with silver up nearly 1% while platinum trades at $1523, having reached as high as $1529, and palladium hovering just below $750 an ounce. In domestic economic happenings, the weekly U.S. jobless claims increased 13,000 to 336,000 and while that is not necessarily a good sign, some critics would argue that because the more accurate four-week average stands at 330,500 and overall jobless claims remain near the lowest levels seen in more than 5 years, that employment may be poised for a comeback. We’ll see about that on September 6th. U.S. manufacturing pushed further into expansion territory this month as data from Markit showed the index moved to 53.9 from 53.7 last month. Jackson Hole gets underway today and central bankers from around the globe will converge on the site to hear what Janet Yellen, the likely successor to Chairman Bernanke, has to say about the current state of affairs. Have a great day!
Tom Hungerford
Heraeus Metals New York LLC
Wednesday, August 21, 2013
Gold Flows From Britain to Switzerland
Aug 19 (Reuters) - Britain's gold exports to Switzerland surged in the first half of this year, Australian bank Macquarie said on Monday, suggesting bullion being sold out of exchange-traded funds may be heading for Swiss refineries before being sold on in Asia. LINK...
Friday, August 16, 2013
Gold and Silver Financial Review 08/16 by Gold Radio Cafe | Finance Podcasts
Recorded LIVE Today at 12:00pm EST
Check Out Finance Podcasts at Blog Talk Radio with Gold Radio Cafe on BlogTalkRadio
Labels:
Bank Holiday,
ETF,
FED Tapper,
Gold Bank,
Gold Bullion,
gold Radio Cafe,
Paper Gold,
Tapper
Wednesday, August 14, 2013
Hedge Funds Increase Gold Position by 74%
One of the big stories in markets in 2013 so far has been the epic crash in the gold market.
Gold reached its highest price of the year on January 17 – at $1686 an ounce – before falling 28.8% to a low of $1200 an ounce on June 27 (since then, it's bounced back a bit, and is now trading around $1320).
Read more: http://www.businessinsider.com/hedge-funds-plowed-into-gold-last-week-2013-8#ixzz2bwPzYsORMonday, August 12, 2013
Sunday, August 11, 2013
Friday, August 9, 2013
Gold and Silver Financial Review 08/09 by Gold Radio Cafe | Finance Podcasts
Recorded LIVE Today at 12:00pm EST
With co-host Jeff Dunphy
With co-host Jeff Dunphy
More Finance Podcasts at Blog Talk Radio with Gold Radio Cafe on BlogTalkRadio
Friday, August 2, 2013
Singapore Freeport
Visit our NEW Singapore location and have your precious metals stored in the world's most technologically advanced vault, fully insured and 100% allocated in your name.
The one-of-a-kind and exclusive U-VAULT ACCOUNT
The one-of-a-kind and exclusive U-VAULT ACCOUNT
Gold and Silver Financial Review 08/02 by Gold Radio Cafe | Finance Podcasts
Recorded LIVE Today at 12:00pm EST
With co-host Jeff Dunphy
With co-host Jeff Dunphy
Listen to internet radio with Gold Radio Cafe on BlogTalkRadio
Labels:
Gold Bullion,
Gold Investing,
gold Radio Cafe,
Gold Storage
Thursday, August 1, 2013
Farmer's Missing Keys Unearths Treasure
When farmer Ifor Edwards dropped his keys in a field he had no idea the search to find them would result in the discovery of buried treasure. LINK...
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You think FIAT FED paper money would have lasted this long, or been worth anything? BK
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