Monthly Archives: November 2010
Gold, Silver, Metal Prices Commentary for Nov. 17, 2010
The US dollar traded at a near two-month high overnight eating into gold's attractiveness as a substitute holding and prompting some additional long liquidation in the metal.
Lows in bullion prices during the evening hours were recorded near $1,330.00 per ounce as some participants opted to book profits following several days of declines without a turn-around [...]
2010 Silver Eagle Proof Orders Reinstated, US Mint Apologizes
All 2010 Silver Eagle Proof orders are reinstated, the U.S. Mint confirmed late Tuesday.
Last week, two erroneous notices were emailed to a portion of U.S. Mint customers who had subscribed to automatically receive Mount Hood National Park Quarter rolls and bags and the coveted 2010 Silver Eagle proof [...]
Gold Prices Drop, Silver and Palladium Dive
Gold and other precious metals prices fell Tuesday, as a rallying dollar, fresh worries over China belt-tightening, and higher margin requirements by CME Group were attributed for the losses.
The biggest losers were palladium and silver. The metals suffered drops in prices of 5.2 and 3.3 percent, respectively [...]
Coin Legislation Passed into Law or Awaiting Action
As we know, the United States Mint does exactly what it is told by law. In order to understand what the U.S. Mint will do in the future, it is necessary to follow coin-related laws that are introduced and passed in Washington, DC.
Watching congress could be a sport in itself. But for our purposes, we limit the viewing to legislation concerning coin and the U.S. Mint [...]
Gold, Silver, Metal Prices Commentary for Nov. 16, 2010
Liquidations in precious and base metals continued to depress prices overnight as well as this morning, despite news that would normally play nicely into the gold bugs' hands; that of Ireland's forced bailout possibly moving closer to being a reality.
At the very least, the EU is in the garage workshop along with Ireland, and, having both rolled up their sleeves, efforts to clean up the mess in that country's banking sector are well underway. "Bailout" or "restructuring" labels are not the issue; the fact that progress is being made, is [...]
Coin Dealer Drops 1 oz American Gold Eagle into Salvation Army...
Nationally-known rare coin dealer Michael Fuljenz, President of Universal Coin & Bullion Co. (www.universalcoin.com) in Beaumont, Texas, has placed a one-ounce American Eagle gold coin donation valued at $1,400 into a Salvation Army collection kettle.
He urged others across the country this holiday season to do the same or, in the Biblical parable of the poor widow's mites, to donate whatever they can afford as the Salvation Army's annual Christmas kettle drive officially gets underway, November 19, 2010 [...]
Mount Hood National Forest Quarter Bags and Rolls Available
United States Mint bags and rolls of the 2010 Mount Hood National Forest Quarter were released today at noon ET.
Each Mound Hood Quarter two-roll set is sold by the U.S. Mint for a price of $32.95 while each Mound Hood Quarter bag is $35.95.
The Mount Hood National Forest Quarter marks the last of the five releases scheduled in 2010 for the America the Beautiful Quarters® Program [...]
US Mint November 2010 Product Schedule Features Long Awaited Releases
The remaining US Mint products scheduled for release this year will be trimmed significantly in just a few days. This week is the busiest in 2010 for United States Mint product launches.
For many collectors, it is also the most anticipated week as issues include the last of the 2010 quarters, the desired Abraham Lincoln Presidential Dollar and the popular 2010 Proof Silver Eagle [...]
Gold, Silver, Metal Prices Commentary for Nov. 15, 2010
Leftover selling pressure depressed gold price as the mid-month session got underway this morning in New York.
Spot gold bullion traded $9.10 per ounce lower out of Monday's starting gate, with a bid quoted at $1,359.70 and all indications were that this was about to develop into another volatile and highly unpredictable trading day [...]
Perth Mint Launches New Gold and Silver Website
Buying gold and silver for investment from the internationally renowned Perth Mint is now just a few clicks away, thanks to the launch of www.perthmintbullion.com.
The new website offers investors a stunning choice of bullion coins and bars made by The Perth Mint from 99.99% pure gold and 99.9% pure silver. Purchasing is simple and convenient and is offered with the breakthrough of true live pricing [...]