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Swiss refiners — chief among them Valcambi — are under scrutiny due to the high risk of conflict gold originating in Africa entering their supply chain via the United Arab Emirates. Two parallel NGO reports on the subject were published on Thursday. This content was published on July 16, 2020 - 18:00 July 16, 2020 - 18:00 Dominique Soguel-dit-Picard See in another language: 1 One of the reports, Golden Detour [Détour Dorée] by Bern-based Swissaid, examines the gold trade in the UAE, with a focus on the scandal-stricken Dubai company Kaloti Precious Metals and its ties to Valcambi, a precious...

It has been an miserable five years for Turkish citizens who have seen their purchasing power slashed by more than half, and it’s only getting worse. The Turkish lira has cratered against the dollar and most developed currencies, plunging from 3 TRY per dollar, to a record low 7.37 last week after a brief and valiant attempt at imposing shadow capital control by Erdogan (who is now de facto head of the Turkish central bank) failed miserably at the end of July, and not even a draconian hike in overnight funding rates above 1000% last week (to crush the shorts)...

Matt Bracken guest hosts The Alex Jones Show to break down the true value of stocking up on ammunition. Topic include: - Potential hyperinflation - How to protect yourself - Gold, silver, ammo. - Communist BLM agitating for a fight Video...

Patrick Rooney, Founder of Old School™(Natural Health / Success / Freedom), interviews businessman and experienced gold investor Joe Grande about the reasons people should consider investing in gold and silver, and how to get started.

Matt Bracken guest hosts The Alex Jones Show to break down the true value of stocking up on ammunition.

According to multiple industry reports published this week, the Wuhan-based, NASDAQ-listed Kingold Jewelry issued 83 tonnes of alleged gold -- valued at $4.2 billion and the equivalent to 22 percent of the country's gold -- as collateral to obtain loans from at least 14 Chinese money lenders and trust banks. Except the "gold" in the bars is suspected of being gilded copper. "This is hardly surprising; most of the fakes we see in our business are coming out of China," Michael Wittmeyer, a gold expert for JMBullion.com. "There are replica products of what we sell online, and while people pay...

(Kitco News) - Gold prices are again sharply higher and hit a record high of $2,064.90, basis October Comex futures, in early U.S. trading Thursday. Silver prices are also sharply higher and hit a more-than-seven-year high of $28.54, basis September Comex futures. October gold futures were last up $25.00 an ounce at $2,062.10. September Comex silver prices were last up $1.45 at $28.34 an ounce. Importantly, while there are no early chart clues to suggest the gold and silver markets are close to major tops, both are now getting short-term overbought, technically, and are due for downside corrections in the...

(Kitco News) Gold prices are sharply higher and hit a record high of $2,048.00, basis October Comex futures, in early U.S. trading Wednesday. Silver prices are also sharply higher and hit a seven-year high of $27.195, basis September Comex futures. October gold futures were last up $35.00 an ounce at $2,043.50. September Comex silver prices were last up $0.987 at $27.03 an ounce. Gold and silver are continuing on a bullish rampage. Both metals continue to see support from safe-haven demand amid the worrisome rise in Covid-19 infections, geopolitical developments and concerns about problematic price inflation in the coming months....

Just noticed a bit of a jump in metals. Any reason, that anyone is aware of? They are all up at the moment. Somewhat interesting, anyway. Gold is up more than $20 now. It was around here before, around a week ago. That time it plunged, right back down. What will happen this time?

He was the only person to sign all four of these America's founding documents: Articles of Association, 1774; Declaration of Independence, 1776; Articles of Confederation, 1777; U.S. Constitution, 1787. Who was he? Roger Sherman. At age 19, Roger Sherman's father died and he supported his family as a shoe cobbler, helping his two younger brothers to attend college and become clergymen. Roger Sherman was a surveyor and merchant, but when a neighbor needed legal advice, he studied to help, only to be inspired to become a lawyer. Sherman was elected a state senator, a judge and a delegate to the...

As Bitcoin and gold hit 2020 highs, Uphold unveils a revolutionary new product redefining “store of value” for a panicked age. It’s physical gold. It’s crypto. It’s government-backed. It’s a new product from a Silicon Valley company mutating gold and crypto into a single unit. And it’s as deeply fear-soaked as anything since, well, 2020.  Today Uphold, a digital investment platform based in San Francisco, announced what it calls “a better form of gold”: Universal Gold. Users can buy the gold crypto UPXAU — a token verifiable on the Ethereum blockchain and audited by the security firm CertiK — and Uphold instantly contracts to...

Gold is up to $1964. Silver is up to $25.54.

Bitcoin prices were taking flight on Monday, pushing the digital currency to the highest level in about two months and ending the long dormancy of the world’s No. 1 virtual asset. Bitcoin, the largest and most influential cryptocurrency, shot past the key $10,000 resistance marker—all eyes are now on the critical $10,500 level,” wrote Nigel Green, chief executive and founder of deVere Group, a financial firm, advising some $12 billion. Bitcoin’s BTCUSD, 3.73% recent rally to $10,237 took it to around its highest level since June 1 based on spot prices. Bitcoin futures BTC.1, 3.81% trading on CME Group were...

Gold price is up $40 today.  This is the dollar depreciating as the price of gold surges. https://www.kitco.com/market/  

The U.S. Army Corps of Engineers released its final environmental impact statement on Friday which found gold and copper mining in Alaska “would not be expected to have a measurable effect on fish numbers.” That clears the final hurdle for the Corps to issue a permit this year to Northern Dynasty Minerals Ltd., the Canadian company that has proposed the mining operation in the state. Environmentalists oppose the project and the Obama administration did what it could to keep the Alaskan wilderness off limits to energy production. “In a scientific review conducted under the Obama administration, the U.S. Environmental Protection...

The time came when the emperor decreed: “The people are in need; a plague is upon the land. I will give them money.” The people had been made to believe that paper was money. So, the emperor ordered that paper bearing the government insignia be printed and distributed to the people. Now, the people had been trained to accept paper as money, but they still hung onto the belief that even paper money required work to be considered valuable. But the emperor reassured them that paper is money backed by the full faith and credit of government (aka paper money...

The Iranian rial fell to a new low against the US dollar on the unofficial market on Saturday and has now seen its value fall by almost half in 2020 as the economy comes under pressure from the coronavirus pandemic and US sanctions. The dollar was offered for as much as 255,300 rials, up from 242,500 on Friday, according to foreign exchange site Bonbast.com. The economic daily Donya-e-Eqtesad’s website gave the dollar rate as 252,300, compared with 241,300 on Friday. The currency has lost nearly 48% of its value in 2020, more than half of that in the past month,...

56a ET Sunday, July 12, 2020 Dear Friend of GATA and Gold: Surreptitious intervention in the gold market by the U.S. government is the target of legislation introduced in the House of Representatives by Rep. Alex X. Mooney, R-West Virginia. In a letter to House colleagues seeking support for his Gold Reserve Transparency Act, H.R. 2559, Mooney writes: "Because there are concerns the U.S. Treasury may have sold, swapped, leased, or otherwise placed encumbrances upon some of America's gold, H.R. 2559 also requires a full accounting of any and all sales, purchases, disbursements, or receipts; a full accounting of any...

A day after the Ivy League announced the cancellation of its fall sports, another one of the league’s eight members is eliminating its men’s and women’s golf programs. Dartmouth revealed Thursday that it will cut five sports in all while also permanently closing the school’s golf course, Hanover Country Club. The move, which follows a similar decision by Brown in May, is expected to save the university, which is facing a projected $150 million institutional budget deficit, about $2 million, according to a statement released by Dartmouth president Philip Hanlon.

in one's physical precious metal stash, what is the recommended/optimal amount of gold (contemporary gold coin) to silver (junk silver coin)? i had been going towards 50%/50%, but gold seems on an upswing at the moment, so now i am thinking of increasing the ratio of gold to silver by about 15%.