COMPARE GOLD AND SILVER PRODUCTS

 

Demand for gold in UK can rise because of pension funds

May 3rd, 2014 by

British demand for gold will get a boost when gold is added to the list as a potential asset for pension funds. According to the bullion dealer Goldcore Ltd. the Financial Conduct Authority ( FCA ) is considering to allow gold on the asset list for retirement investments.

Gold as a mainstream asset

The decision on the possible inclusion of additional assets of the FCA will be taken in late June of this year. According to Mark O’Byrne, director of Gold Gore , the possible permission will lead to increased demand for gold and gold will be on the radar of more investors. Gold Core manages more than $ 200 million invested assets in precious metals, according to Bloomberg. O’Byrne indicated in a telephone response to Bloomberg that “if that happened, it would contribute to gold being seen almost as a mainstream asset”.

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FED Balance Sheet Explodes

April 20th, 2014 by

Since the credit crisis has made its appearance the economy seems to stabilize. Especily when you believe the mainstream media. And that’s what most people do. The FED has had a huge role in propping up everything that was threatened. And still is about all depends on the FED .

Monetary Base
The stock markets depends on actions by the Fed . The money printing machine made the monetary base has grown since 2007 from roughly $ 800 billion to $ 4,000 billion today. The financial situation of America is a mess . The national debt of America has now risen to $ 17,581 billion . An amount that they can never repay . Indeed , the debt is becoming harder . The Fed has more than $ 1,400 billion in mortgage and more than $ 2100 billion of bonds in the books . The equity of the Fed is about 1 % of the total balance sheet .

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New Design American Silver Eagles in 2015?

April 13th, 2014 by

The American Silver Eagle is the best selling bullion coin in the World. In 2013 the US Mint sold about 42 million ounces. A record year at the mint since it started to produce the 99,99% pure silver coin in 1986.

The design of the American Silver Eagle didn’t changed over the years. The design on the coin’s observe was taken from the “Walking Liberty”design by Adolph A. Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916 to 1947. The reverse was designed by John Mercanti and portrays a heraldic eagle behind a shield. The eagle grasps an olive branch in its right talon and arrows in its left talon, echoing the Great Seal of the United States. Above the eagle are thirteen five-pointed stars representing the Thirteen Colonies.

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