Israeli youths have unearthed hundreds of gold coins stashed away in a clay vessel for more than 1,000 years. The treasure was discovered on Aug. 18, the Israel Antiquities Authority said on Monday, by teenagers volunteering at an excavation in central Israel where a new neighborhood is planned to be built. “The person who buried […]
Turkey Faces Massive Currency Fire-Sale As Lira Plunges.
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Gold diggers in southern Australia have found two huge nuggets worth 350,000 Australian dollars (US$250,000) in historic goldfields. The pair of nuggets weigh in at a combined 3.5 kilograms (7.7 pounds) and were found on the same day near Tarnagulla in Victoria, as shown on the Aug. 20 episode of “Aussie Gold Hunters” on the […]
Fed Leaves Rates Unchanged…Economic Growth Still Below Pre-Pandemic Levels.
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Gold on July 27 finally broke its previous record high established in 2011. The yellow metal is up over 30 percent from its low in March.
LONDON—Gold hit a record high on Tuesday before the sheer scale of its gains drew a burst of profit-taking, which in turn helped the dollar up from two-year lows and kept equity markets subdued. The precious metal had risen by almost $40 at one point to reach $1,980 an ounce only for a wave of […]
CHECK IN With CECCHINI (@CecchiniPeter) An Aura Of Treasure…Gold And An Undiscovered Miner In The Nevada Desert – Hycroft Mining (HYMC).
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Nasdaq-listed Chinese jeweler Kingold Jewelry Inc. (KGJI) has received 20 billion yuan ($2.8 billion) loans by claiming to use tons of gold as collateral in the past five years. However, the creditors discovered that some of the gold bars are gilded copper alloy. The loans were protected by insurance issued by Chinese state-run PICC Property […]
China-backed Goldsea Mining Australia has pulled the plug on a takeover bid for Australia’s Alto Metals following a request by the Foreign Investment Review Board (FIRB) for an extension of time to consider the bid. Goldsea Mining made the takeover bid on Feb. 21, 2020, citing an interest in Alto’s Sandstone gold mining project in […]
Commentary There’s a new gold rush in America. No, it’s not 1849 all over again, where the world flocked to America to find gold in Central California and become rich. Rather, the rich are bringing their gold into America, into the New York City area specifically, and hiding it from the rest of the world. […]