Hints and tips:
...It is unclear whether the coins are being sold or moved to private wallets....
...Fintech fascination Meta targets finance Facebook parent Meta is preparing to introduce virtual coins, tokens and lending services to its apps after the collapse of Diem, its crypto project....
...Some had asked the bank for research, and others wanted to trade a range of coins through the bank and to finance deals with cryptocurrency holdings....
...Retailers of silver coins and bars from Dallas to Singapore ran out of stock....
...The same trends are apparent on this side of the Atlantic, with the BBC and ITV teaming up to create the BritBox streaming service to combat Netflix and a new report showing almost half of British homes...
...In the five decades since receiving that coin, Mr Thiele — tall and forthright with a liveliness in his face when the subject switches to bullion — has risen high in Germany’s state bureaucracy....
...Bullion is also benefiting from the weakness of the greenback. Spot gold was up 1 per cent $1,137.80 an ounce....
...Overstock, an online retailer and redoubt of doomsday conservatism, has stashed away $10m in gold and silver coins as an insurance policy against financial apocalypse....
...(Atlantic) Disruptive underwear Rob Price tests crowdfunded underpants to see how people are revolutionising this staple piece of men’s clothing....
...Gold exchange traded funds suffered their largest monthly withdrawals on record in April as investors reacted negatively to the sharpest two-day tumble in the price of bullion since 1983....
...Bankers say that physical demand this week surged to its strongest level in several years as queues formed outside gold shops across Asia and US coin dealers sold out of stock....
...“Uncertainty remains high on both sides of the Atlantic, with the economic outlook deteriorating and monetary easing the order of the day,” he said. Gold seemed to agree....
...However, some of that slowdown is due to a shift in investors’ preferences to other physical gold products such as coins and bars, as well as “allocated” gold accounts that charge lower storage costs than...
...European investment in coins and bars rose 26 per cent to 375 tonnes, the WGC said, making the region the largest market for physical gold investment products....
...Day five: strike iceberg, perish in North Atlantic”....
...On Tuesday, bullion was trading at $1,805.70, down from a record peak of $1,920 in early September....
...This kind of leverage is the main attraction of gold mining shares compared with gold bullion....
...Interest in gold exchange traded funds reached a peak at the end of November as investors’ appetite for bullion backed ETFs returned in strength amid acute concerns about the sovereign debt crisis in Europe...
...Sales of bullion coins have been more subdued than during previous episodes of heightened nervousness....
...The bullion sales desk at UBS in Zurich witnessed its highest gold coin sales in a year on Friday, according to Edel Tully, precious metals strategist at the bank....
...Silver, at a fraction of the gold price, has prompted individual investors to buy coins and exchange-traded funds. The grey metal has gained more than 160 per cent in the past year....
...Last month, the state government in Utah passed a bill making gold and silver coins legal tender in a statement of protest against the perceived profligacy of the Federal Reserve....
...‘Collectors’ spur Beijing to step up production of gold Panda coins China’s central bank will produce more than double the quantity of gold Panda coins this year than it had planned, in response to a surge...
...Among my other fund investments, there has been a marginal gain overall, but BlackRock Gold & General is down 5.5 per cent, in spite of the surge in the bullion price....
...Negative real rates are not just a US issue; the same is true in China – where demand for bullion is skyrocketing, bankers say....
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