Coin News

Welcome to Coin Update! We’re back with another fresh round up of coin collecting news and articles from around the internet! First, the US Mint has removed product listings for the $1 coin direct ship offerings, possibly signaling an end to the program. Also, steel cents and nickels, articles on the proposed Baseball Hall of [...]

Welcome to Coin Update! We’re back with another fresh round up of coin collecting news and articles from around the internet! First, the US Mint has removed product listings for the $1 coin direct ship offerings, possibly signaling an end to the program. Also, steel cents and nickels, articles on the proposed Baseball Hall of [...]

There are 49,436 contracts currently open for the next delivery month which is March 2012. Each contract represents 5,000 ounces. That is 247.18 million ounces of silver being traded for March delivery against a registered 36.56 million ounces. This is a subset of all the contracts going out over the year. The is leverage of [...]

Precious metals prices were buffeted last week as news was released of a reduced economic growth rate in China that sparked renewed speculation of near term monetary easing by the People’s Bank of China or PBOC. The release of softer Chinese GDP data may have prompted a rally in gold and silver prices as traders [...]

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US dollar gold bullion prices fell to $1,646 per ounce Friday lunchtime in London – a 1.4% drop from the week’s high – as China prepared for the week-long Lunar New Year holiday next week. Commodities also traded lower, while stocks were broadly flat. View full post on Resource Investor

After bottoming on the final day of 2011, gold is back at it again, up five percent in the new year, compared to a 3.9 percent return for the S&P 500 index. View full post on Fast Money: Behind the Money

India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday. View full post on IBTimes.com : Gold

Expect a bumpy ride for both stocks and commodities in the first quarter of 2012. With luck gold will pull back shaking short term traders out just before it bottoms. This will positioning for a strong rally buying into their panic selling. View full post on Resource Investor

French haute couture fashion designer Jean-Paul Gaultier has reportedly provided a fashionable way for bullion investors to diversify holdings and hedge against inflation. View full post on IBTimes.com : Gold

Gold is under pressure in European hours, with the moderation in euro-zone debt crisis fears seemingly behind the move lower. Mirroring developments with the US dollar, the yellow metal is also shedding its correlation with the S&P 500. View full post on Resource Investor

All bull markets have similarities and all equity bull markets have strong similarities. They go through similar phases. Most bull markets start off slow and then build towards what we like to say is an acceleration into a bubble and potential mania. View full post on Resource Investor