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Keyword: silver

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  • (Vanity) Omaha precious metal buyers beware. New ordinance puts sellers info on 3rd party database

    06/16/2018 4:16:21 PM PDT · by ak267 · 19 replies
    Coinhuskers ^ | 6-16-2018 | ak267
    Omaha City Council approves a new "second hand dealer" ordinance. If you sell precious metals to "2nd hand dealers" (pawn, coin shop, recylers or any other type of business): ---14 day hold time. ---Digital photograph of items bought. ---Signature, photograph’s and fingerprints of sellers. ---ID’s will be collected as well. ---Sellers are entered into a third party Leads Online program that puts all liability on business owners. -------------------------------------------------------- This just begs potential problems. ---One good hack and criminals will discover who's dealing/owning precious metals (PM). ---The city could use this as a backdoor way to institute a municipal tax on...
  • Space mining set to produce world’s first TRILLIONAIRE in galactic gold rush

    04/23/2018 10:12:11 AM PDT · by Red Badger · 105 replies
    www.dailystar.co.uk ^ | Published 22nd April 2018 | By Rachel O'Donoghue
    A galactic gold rush has been predicted for some time, with experts saying teams will race against each other to collect precious metals from space rocks. Earlier this year, physicist Michio Kaku described asteroids as “flying gold mine[s] in outer space” that could replenish any metal shortage on Earth. Examples of valuable asteroids include one rock measuring 3,000ft across that contains $5.4 trillion worth of platinum. And now it is predicted the first trillionaire will make their fortune in outer space. PRICELESS: One asteroid contains $5.4trillion worth of platinum __________________________________________________________________________________________________________________________ Renowned astrophysicist Neil deGrasse Tyson: “The first trillionaire there will...
  • How China and Hong Kong’s Currencies Were Shaped by Spanish, Mexican Silver Dollars

    02/25/2018 6:36:08 PM PST · by nickcarraway · 7 replies
    South China Morning Post ^ | Wednesday, 07 February, 2018 | Stuart Heaver
    Many modern East Asian currencies have roots in Ming dynasty trade and Chinese traders’ faith in the Mexican silver dollar. Attempts to dislodge it, such as the Hong Kong-minted silver British dollar, were not always successfulAt the antiques market near the old Qingjing mosque in central Quanzhou, a city in China’s south-eastern Fujian province, it is sometimes possible to purchase unusual silver objects that reveal much about the currencies in circulation in East Asia today. On one stall, crammed with opium pipes, blue-and-white ceramics and jade trinkets, is a small, dome-shaped lump of metal in a rusty tin box. It...
  • Bitcoin Passes $7100

    11/02/2017 4:02:38 PM PDT · by Enlightened1 · 94 replies
    Coin Marketcap ^ | 11/02/17
    It's ridding high and worth more than gold. https://coinmarketcap.com/
  • World Markets On Edge After North Korea Fires Missile Over Japan

    08/29/2017 9:01:42 AM PDT · by Mr Apple · 12 replies
    Kitco News ^ | August 20, 2017 | JIM WYCKOFF
    (Kitco News) – News that North Korea fired a ballistic missile over Japan has rattled world markets. Global stock indexes are lower and safe-haven assets like gold and U.S. Treasuries are higher. U.S. stock indexes are pointed toward lower openings when the New York day session begins. Gold prices hit an 11-month high overnight, as a combination of safe-haven demand and technical buying are boosting the yellow metal.
  • The Fed Has 6,200 Tons of Gold in a Manhattan Basement—Or Does It?

    08/10/2017 2:34:18 PM PDT · by Red Badger · 42 replies
    www.wsj.com ^ | Aug. 10, 2017 12:30 p.m. ET | By Katy Burne
    Eighty feet below the streets of lower Manhattan, a Federal Reserve vault protected by armed guards contains about 6,200 tons of gold. Or doesn’t. The Fed tells visitors its basement vault holds the world’s biggest official gold stash and values it at $240 billion to $260 billion. But “no one at all can be sure the gold is really there except Fed employees with access,” said Ronan Manly, a precious-metals analyst at gold dealer BullionStar in Singapore. If it is all there, he said, the central bank has “never in its history provided any proof.” Mr. Manly is among gold...
  • Guatemalan Court Stops U.S. Company From Working On Silver Mine,

    08/08/2017 5:31:06 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | August 8, 2017 | Matt Vespa
    Well, this is certainly odd. A mining company that was poised to begin work a silver mine in Guatemala was shut down by the nation’s supreme court for not consulting with the indigenous peoples in the area. That seems standard. Even in the U.S., the Keystone Pipeline had to go through consultations with local Native American tribes to ensure their sacred burial sites would not be disturbed. They protested anyway, but that’s a story for another time. The halt in production torpedoed the stock of the mining company—Tahoe Resources—and threatens the jobs for the thousands of workers who ventured to...
  • Treasure Hunters Wanted: to Retrieve Sunken Gold From 18thC Spanish Galleon

    07/24/2017 9:49:47 PM PDT · by nickcarraway · 4 replies
    The Local ^ | 14 July 2017
    Colombia on Friday opens bidding for investors willing to retrieve billions of dollars in gold and silver from an 18th century ship wreck off the country's Caribbean coast. The Spanish galleon "San Jose" was the main ship in a fleet carrying gold and silver -- likely extracted from Spanish colonial mines in Peru and Bolivia -- and other valuables back to King Philip V. It sank in June 1708 during combat with British warships attempting to take its cargo, as part of the War of Spanish Succession. Only a handful of the ship's crew of 600 survived. President Juan Manuel...
  • Idaho Ends income Tax on Precious Metals, Arizona is Up Next

    05/14/2017 7:19:48 PM PDT · by Lorianne · 12 replies
    Market Slant ^ | 14 May 2017
    In a first and significant step towards the remonetization of Gold and Silver, Idaho voted tonight to remove income tax on precious metals. This is the first step in what will likely be a cascade of other states following suit. Last week we discussed here the Arizona Senate Finance and Rules Committees' calling out the Fed on Gold Taxation by considering legislation (HB 2014) officially defining gold, silver, and other precious metals as legal tender. The bill also exempts transactions in precious metals from state capital gains taxes, thus ensuring that people are not punished by the taxman for rejecting...
  • gold/silver investment/hedge thread #2

    03/28/2017 11:28:25 AM PDT · by SteveH · 30 replies
    steveh | 3/28/2017 | steveh
    thread #1 here http://www.freerepublic.com/focus/f-bloggers/3537409/posts recapping from post 57 begin recap buying bulk contemporary usa silver dollars? plus bulk usa gold coin questions 3/27/2017, 10:20:27 PM · 57 of 59 SteveH to All I got some coins today, 3/27/2017 how did i do? gold (s. african krugerrands) spot $1254.80 1 oz. s.kr = $1286.12 $1286.12 @ 3 = $3858,36 silver (pre 1965 dimes) 90% $88.00 @ 13.54 XFACE = $1192.52 total purchase, gold and silver = $5049.88 right now hiding in cubbyhole at home. thinking if TSHTF, it will be very fast, no time to go to safe deposit box (?)...
  • buying bulk contemporary usa silver dollars? plus bulk usa gold coin questions

    03/23/2017 10:22:36 AM PDT · by SteveH · 60 replies
    steveh | 3/23/2017 | steveh
    hi, wondering what the most economical way to go is for buying bulk contemporary usa silver dollars. i got quoted a price of $20/silverdollar at a local jewelry store, quantity 100, immediate inventory. apparently a common unit of purchase is a 100 silver dollar bag. i would request the dollars be placed in plastic containers. very important: the plastic containers must not interact with the copper in the coins to produce a green patina. the reason for storage in rolls is to permit easy placement into flat style safety deposit boxes. should i go with 1, 2, 3, or more...
  • "When Gold Goes Above 1430 We Whack It"

    12/17/2016 12:02:10 PM PST · by Rockitz · 60 replies
    ZeroHedge.com ^ | 16 December 2016 | Tyler Durden
    As it goes in silver, so it goes in gold. In London at least. In a bid to have UBS reinstated as a defendant in a London Gold Fix antitrust lawsuit, plaintiffs documents submitted to a New York Court last week include explosive chat room transcripts of UBS and traders from different banks encouraging each other to “push,” “smack,” and “whack” gold prices. The transcripts are equally as startling as those described of banks of the London Silver Fix and UBS given to the court the previous day and described last week in this article. On December 6th attorneys for...
  • Nate Silver: Clinton 'almost certainly' would be president if not for Comey

    12/11/2016 11:00:36 AM PST · by kevcol · 88 replies
    The Washington Examiner ^ | December 11, 2016 | Gabby Morrongiello
    Statistics expert Nate Silver claims defeated Democratic presidential candidate Hillary Clinton would "almost certainly" have made it to the Oval Office if the election had been held before FBI Director James Comey announced the reopening of the agency's investigation into her private email practices. "Comey had a large, measurable impact on the race," wrote Silver, who ran FiveThirtyEight's election forecast, in a series of tweets Sunday morning.
  • Nate Silver: 2016 Polls Less Reliable Than Prior Years

    Many 2016 polls may prove incorrect because so many Americans are undecided or else say they’re backing third parties, says Nate Silver, founder of the fivethirtyeight.com polling firm. “Undecideds are MUCH higher than normal,” Silver said in a Tuesday morning tweet. “So risk of a polling error — in either direction — is higher than usual.” One out of eight voters, or 12.5 percent, are either undecided or declaring support for other candidates during the last few days of the election. That is up from one out of 32 voters in 2012, one out of 27 voters in 2004 and...
  • NATE SILVER PREDICTS TRUMP WINS FLORIDA

    11/06/2016 3:16:07 PM PST · by Simon Foxx · 71 replies
    DAILY CALLER ^ | 11/6/2016 | PHILLIP STUCKY
    Political statistician Nate Silver officially projected that Republican nominee Donald Trump will win the highly influential swing state of Florida, according to an analysis published Sunday.
  • Nate Silver: Polls showing Clinton up 5 points not backed by data

    11/06/2016 12:31:59 PM PST · by SoFloFreeper · 16 replies
    Washington Examiner ^ | 11/6/16 | Daniel Chaitin
    For supporters of Donald Trump who are discouraged by the latest slate of polls showing Hillary Clinton up 5 percent just days before Election Day, polling guru Nate Silver had some reassuring words Sunday morning. "Some people are saying Clinton's up 5-6 nationally. That's just not a good representation of what the data says," Silver tweeted. But, he admitted, Clinton does have a lead.
  • 538 Nate has Trump moving up now almost 30% chance of winning.

    11/01/2016 3:18:13 PM PDT · by IVAXMAN · 50 replies
    fivethirtyeight.com ^ | 11/1/2016 | Nate Silver
    Nate Silver has Trump's odds of winning at 29%. Been slowly climbing all day. He has been wrong about Trump every time but the new polls are making him move.
  • US election 2016: statistician Nate Silver's big Donald Trump mistake

    10/30/2016 6:18:43 PM PDT · by 2ndDivisionVet · 28 replies
    The Sydney | October 31, 2016 | Margaret Sullivan
    Link only due to copyright issues: http://www.smh.com.au/world/us-election/us-election-2016-statistician-nate-silvers-big-donald-trump-mistake-20161030-gseaye.html
  • Feds Thinking About Killing 31,000 Mining Jobs To Protect A Chicken

    10/08/2016 5:26:46 PM PDT · by george76 · 35 replies
    The Daily Caller News ^ | 10/08/2016 | Andrew Follett
    A new report has government officials considering setting 10 million acres of across six states in the American west off limits to mining and development to protect the chicken-like Greater Sage Grouse, which is not an endangered species. The U.S. Geological Survey (USGS) report found that much of the Sage Grouse’s habitat sits on top of extremely valuable deposits of minerals including gold, copper, lithium, silver, uranium and many others. The USGS report means that the government’s most restrictive grouse protection plan could kill even more than 31,000 jobs and lead to more than $5.6 billion in reduced annual economic...
  • Who Will Win the Presidency? (Trump @ 48.1% in 538)

    09/26/2016 6:20:11 AM PDT · by Hieronymus · 7 replies
    Five Thirty Eight ^ | Sept. 26 | Nate SIlver
    http://projects.fivethirtyeight.com/2016-election-forecast/#plus