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The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
It seems Pres. Trump’s plan to borrow a Vincent van Gogh painting to adorn the White House went into the crapper. But it was a solid gold crapper – so the news wasn’t all bad.
Precious metals dealers are bullish on gold and silver in 2018. According to an informal survey conducted by the nonprofit Professional Numismatists Guild, retailers anticipate gold will reach $1,460 this year, and perhaps climb even higher. They also like silver’s prospects, projecting the price to hit the $20 per ounce mark.
The World Gold Council has weighed in on the cryptocurrency vs. gold debate. Unsurprisingly, the organization came down on the side of the yellow metal. But despite whatever bias you might perceive, the WGC report is certainly worth considering.
Why should you buy gold? A report published this week by the World Gold Council pinpoints four key reasons. Gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good as much as an investment. As such, gold can play four fundamental roles in a […]
Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate gold and silver ownership at the state level. Bills introduced in Tennessee and Alabama would repeal state sales taxes on the sale of gold and silver bullion, and an Arizona bill would build on a foundation set last year […]
There is a lot of talk about Bitcoin versus gold, but the blockchain technology that serves as the foundation for Bitcoin may become an important part of the gold market in the future. According to a Bloomberg report, the London Bullion Market Association (LMBA) plans to seek proposals including the use of blockchain to track […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
The crypto crash earlier this week sparked a run to gold. Regulatory concerns set off the panic. Bitcoin fell below $10,000 for a time, and other cryptocurrencies saw precipitous drops. Crypto markets appeared to have stabilized Thursday morning, with Bitcoin back up over $11,000. The sudden plunge served as a reminder of the extreme volatility […]
Bitcoin dropped below $10,000 for a short time Wednesday (Jan. 17) as a selloff sparked by increased talk of government regulation spooked the market.
