Pope John Paul II will be honoured by the Royal Canadian Mint this April as it will issue pure gold and pure silver coins with a portrait of the Pope. It is estimated that only 1,500 gold coins will be produced by the Mint, while 8,500 silver coins … [Read more...]
Archives for March 2014
Royal Canadian Mint to issue limited Pope John Paul II gold, silver coins
Chart: Real price of gold since 1791
Do you want to know how much the real price of gold has been since 1971? Visualizing Economics has a brilliant new chart out depicting the various price fluctuations in the yellow metal since the year 1791, naming the United States presidents in … [Read more...]
Iraqi central bank acquires $1.5 billion worth of gold to protect dinar
This past month, the Central Bank of Iraq purchased 36 metric tons of gold, or $1.56 billion worth of the yellow metal, the biggest acquisition of any central bank or nation in three years. The purpose of the immense acquisition is part of a question … [Read more...]
Gold, silver as retirement investment vehicles
Retirement these days seems nearly impossible for anyone before the age of 50: high debt volumes, a devaluing currency, a rising cost of living and a lack of valuable, genuine assets. The question has turned from “when will I retire?” into “will I … [Read more...]
Jim Rogers: Central banks printing money against gold, collapse inevitable
Jim Rogers, financial guru and chairman of Rogers Holdings, sat down with a German news outlet this weekend in which he argued that central banks worldwide are printing money against gold and it can't last forever, which will lead to a collapse in … [Read more...]
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