Precious Metals — Collectors Universe
Hi, everyone. Seeing the recent spike of gold with silver following steadily, my curiosity is kindled as to why platinum and palladium are so low relative to the proportion what was present around the late 90's and early 2000's? Is it more likely the case that gold is at a bubble caused by the emotional distress of the federal budget or that the...
https://www.cnn.com/2024/04/17/americas/toronto-airport-heist-arrests/index.html One worker among six arrested in $22M airport gold heist. Police say it was an inside job: Ottawa CNN — Six people have been arrested in last year’s multimillion-dollar gold heist at Toronto’s Pearson International Airport, police in Canada and the...
Ambrose Evans-Pritchard, UK Telegraph financial columnist, is one of my "must-reads." I don't agree with 100% of his stuff -- including the belief that Green Energy can be made cost-effective solely through technology -- but he is a great writer and has fantastic insight (and sources). I've read his commentaries and analyses on the Euro, ECB, and...
I went into a local gold buyer to sell a necklace and bracelet. They do not retail jewelry so I'm expecting they sell to a refiner. Both are items are 22K and total weight was 65.5 grams. Factoring in 0.916 it's 60 grams of gold. Price per gram is about $75.50. The offer was $3,500. I didn't expect to get melt but $1,000 less? That seems like a pretty...
I've been watching gold and silver on their latest runs with amazement. Wow! The day after Valentines Day, Gold Started a run at $2,016 and never looked back. Until today that is. A high of $2,431.90? Whoa! However, on a Friday (Usually a strong day in trading), it closed at nearly $100 less. Silver had the same run. Today's high of $29.90...
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