March 2010

E.T.F. = Expect Tonnage to Flow. This Is A Two-Way River Good Day, Sovereign debt credit rating apprehensions once again arose in the markets as the mid-March sessions got underway worldwide. Such jitters lent fresh support to the precious metals complex overnight, however gains in gold were facing a stronger dollar, and the other side [...]

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American Eagle Gold Bullion CoinAmerican Gold Eagle bullion coins are not on the same fiery pace seen in 2009 or during the Y2K “scare” in 1999, but the latest United States Mint sales figures show they are on track to record their third best ever March.

With the first two weeks of this month now history, US Mint sales of the gold bullion coins have reached 39,500. Buyers will need to scoop up another 48,501 during the next 2 1/2 weeks to pass March 1998 and earn the third best March ranking.

Any slack in sales however, and the month will likely fall to fourth place — only 16,501 more are needed to attain that spot.

Volatile gold prices have made it an interesting year for American Eagles, with buyers trying to ride the surges and dips.

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Russia 1882 3 Rubles Realizes an Astonishing $41,300 IRVINE, Calif. — Ponterio & Associates, America’s premier auction house for foreign coins and paper money, realized more than $1.5 million as part of the Official Auction of the March 2010 Whitman Coin & Collectibles Baltimore Expo. The three-session sale netted nearly $500,000 in foreign paper money [...]

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Precious metals were mixed for the second week of March after rallying broadly during the first. Gold declined the most, suffering a near $30 weekly collapse in London while briefly dropping below $1100 an ounce in New York — that, following a $1135 close last Friday. Platinum was a standout, pulled higher in part by [...]

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Global warming, climate conferences, rising oil prices are constantly in the news. The earth’s resources of coal and oil are large but finite, and neither is a "clean" fuel.

Austrian Renewable Energy Bimetallic Coin
Austrian Renewable Energy Bimetallic Coin
(Click coins image to enlarge)

The dangers of atomic reactors and the thousand years’ threat of radioactive rubbish fill many people with dread. But our industry, our living standards, our life style demand vast quantities of energy — power to run our factories, drive our transport, run our house-holds. Is the answer to be found in Nature, in "Renewable Energy."

This year’s 25 Euro silver-niobium coin from the Austrian Mint is dedicated to this topic of renewable energy. The niobium center is a shining blue this time. On the obverse the artist/ engraver Helmut Andexlinger has depicted the cycle of nature in a tree.

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In recognition of their heroic service over sixty-plus years ago, the Congressional Gold Medal was given to Women Airforce Service Pilots (WASP) of World War II this past Wednesday, March 10, 2010, at a ceremony held in Emancipation Hall at the Capitol Visitor Center in Washington, D.C. Women Airforce Service Pilots (WASP) Congressional Gold Medal [...]

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The Blame Locker Good Day, Spot gold bullion prices rose overnight, having once again tested the (and held at) the just-under $1100 level yesterday — a fresh, three-week low. Dollar weakness ahead of the release of US economic data this morning kept bullion specs interested, however an early push towards the $1120 resistance area was [...]

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US gold on Thursday snapped a three-day losing streak, but only by a smidgen with a 10 cent gain on the day. Silver and platinum climbed as well, registering respective increases of 0.8 percent and 1.4 percent. Oil climbed also, but as gingerly as gold, with a 2 cent gain. US stocks rose for a [...]

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The latest United States Mint sales report is less than exciting. Only three products show week-over-week improvements. On the other hand, bullion gold and silver American Eagles displayed a touch of spunk after their prior week of easing sales. To the numbers… Disabled American Veterans Silver Dollars followed the trend of modern commemorates — quick [...]

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Rolls and bags of the first 2010 America the Beautiful Quarter will be released on April 19, 2010, the United States Mint said this week. If tradition holds, this will also be the day the coins are officially released into circulation. The first of the 56 quarters in the new 11-year program will honor a [...]

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