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Tag Search Results For 'bullion' (204)
Gold Falls for a Third Session, Silver Up, Platinum Down
Coin News & Numismatic Articles | 6 hours ago by Mike
On news world governments were to buy bank stakes, stocks soared 11% on Monday, marking their first rise in nine sessions and setting various new records. The luster in stocks made ill for gold. The yellow metal faltered for the third session, dropp read more
World Bank to Protect Countries Affected by Man-Made Financial Di…
Fine Gold Silver Coins: Information, Education, Evaluation,… | 18 hours ago by Dr. Kevin Ong
The World Bank agreed Sunday (10/12/08) to help developing countries strengthen their economies, bolster their financial systems, maintain growth and protect the poor against the financial turmoil roiling international markets. The head of the bank&# read more
Japanese Bank Mitsubishi to Close Deal with Morgan Stanley
Fine Gold Silver Coins: Information, Education, Evaluation,… | 19 hours ago by Dr. Kevin Ong
Morgan Stanley was racing on Friday (10/20/08) to secure its financial lifeline from a big Japanese bank as confidence in the embattled Wall Street bank continued to erode. Investors have begun to question whether the Japanese bank, the Mitsubishi UF read more
AIG Was Forewarned of Inherent Weaknesses in its Management
Fine Gold Silver Coins: Information, Education, Evaluation,… | 23 hours ago by Dr. Kevin Ong
U.S. regulators sent a letter to American International Group Inc in March warning of its lack of transparency and ability to oversee its financial products, a top Democratic lawmaker said on Tuesday (10/7/08). Rep. Henry Waxman, who chairs the House read more
Bush Administration Considers Taking Ownership Shares in Many US…
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 12th 2008 by Dr. Kevin Ong
Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials. Treasury read more
Iceland’s Financial System In State of Collapse
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 12th 2008 by Dr. Kevin Ong
Iceland’s financial system collapsed Thursday (10/9/08), and analysts said it was probably only a matter of time before the country would have to turn to the International Monetary Fund for help. Iceland’s prime minister, Geir Haarde, left, and t read more
Lessons From 10 Financial Crises of the Past
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 12th 2008 by Dr. Kevin Ong
Financial crises are never fun, until they’re over. And they hurt even worst when they happen to your pocketbook. Which is what the people who run (or, more aptly, misguide) the United States have just done to the general population. For all th read more
Morgan Stanley Looking East to Japan as Share Prices Crash
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 12th 2008 by Dr. Kevin Ong
John J. Mack just can’t seem to catch a break. After briefly beating back those who would bet against Morgan Stanley, the humbled Wall Street giant that he runs, Mr. Mack was once again playing defense on Thursday (10/9/08). His bank came under read more
House Probe Reveals AIG’s Risky Financial Practises
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 12th 2008 by Dr. Kevin Ong
Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company’s meltdown said Tuesday. The tab read more
Bullion & Business Weekend Report - Oct 11
Coin News & Numismatic Articles | October 11th 2008 by Mike
Gold, silver and platinum were pressured lower Friday, but ended higher for the week in London. London silver, gold and platinum prices climbed 4 percent, 7.7 percent, and 4.4 percent, respectively. The Dow and S&P sank just over 18 percent, whi read more
US Treasury Secretary Hank Paulson Warns of Even More Bank Failur…
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 11th 2008 by Dr. Kevin Ong
More banks will fail in the weeks ahead despite dramatic moves by policymakers across the world to tackle the financial crisis, the US Treasury Secretary admitted on Wednesday night (10/7/08). In comments which sent share prices in Wall Street tumbli read more
Federal Reserve to Loan $37.8 Billion More to AIG
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 11th 2008 by Dr. Kevin Ong
Three weeks after an $85 billion bailout, AIG is turning to the New York Fed for yet more additional funding. The New York Federal Reserve is lending up to $37.8 billion to American International Group to give the troubled insurer access to much-need read more
The Real Great Depression
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 11th 2008 by Dr. Kevin Ong
The depression of 1929 is the wrong model for the current economic crisis As a historian who works on the 19th century, I have been reading my newspaper with a considerable sense of dread. While many commentators on the recent mortgage and banking cr read more
Recession Ahead for Singapore’s Economy
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 11th 2008 by Dr. Kevin Ong
Singapore appears headed for its first recession since 2002 as the city-state suffers from a US economy wilting under its worst financial crisis since the Great Depression, economists say. Southeast Asia’s wealthiest economy in terms of GDP per read more
Central Banks Cut Interest Rates
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 11th 2008 by Dr. Kevin Ong
The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an unprecedented coordinated effort to ease the economic effects of the worst financial crisis since the Great Depression. The Fed, ECB, Bank of England read more
So Who is to Blame For This Financial Crisis?
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
After the FTSE 100 index suffered its biggest points fall in a single day this week and another bank went bust, freezing 300,000 British savers deposits of £4.5bn, the Telegraph’s Personal Finance team asked a panel of experts to name the vill read more
silberinfo Interviews The Perth Mint of Australia
Coin News & Numismatic Articles | October 10th 2008 by Mike
silberinfo’s exclusive interview with the The Perth Mint of Australia provides some interesting insights into one of the world’s largest Mints. Ron Currie, Sales and Marketing director of The Perth Mint, answers a bevy of company and coi read more
Indonesia Suspends Stocks Trading Following 10% Drop
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
Indonesia’s stock exchange halted share-market trading on Wednesday (10/8/08) for the first time in eight years after the benchmark index plunged 10%, the biggest decline since the 1998 Asian financial crisis. Trading was suspended indefinitely read more
Asian Stock Markets Tumble Following Credit Concerns
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
Asian stocks tumbled on Wednesday (10/8/08), driving the Nikkei 225 Stock Average to its biggest drop since October 1987, and U.S. futures fell on concern the credit crisis will topple more banks and slowing growth will cut demand for exports. Indone read more
Ron Paul: On Austrian Free Economics and the Financial Meltdown
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial cre read more
Asian Markets Fall in Global Market Crush
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
Asian governments tried in vain Wednesday (10/8/08) to halt the bloodbath on the markets, with Japanese stocks losing more than 9% on panic-selling in the face of the worst financial crisis in decades, as recent steps by the world’s major econo read more
Federal Reserve to Buy Up Even More Unsecured Debt
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 10th 2008 by Dr. Kevin Ong
The Federal Reserve announced a new program to help the battered market for short-term business loans - taking its closest step yet to lending directly to businesses. It confirmed on Tuesday (10/7/08) that it would start an ambitious program to buy u read more
Gold Drops with Oil, as Silver and Platinum Climb
Coin News & Numismatic Articles | October 9th 2008 by Mike
As stocks tumbled for the seventh straight day on Thursday, New York precious metals futures were a mixed bag. Silver and platinum climbed 0.93 percent and 3.12 percent, respectively, while gold fell 2.2 percent. Oil joined gold and stocks, falling read more
Gold or Paper Money
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 9th 2008 by Dr. Kevin Ong
Since 1913, the U.S. dollar bill has lost 95% of its purchasing power due to excessive money and credit creation by the Federal Reserve. This loss of purchasing power is a loss of wealth; it is the reason why the U.S. has gone from being the largest read more
Lehman Brother’s Hearing Reveals Executives Were Rewarded for F…
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 9th 2008 by Dr. Kevin Ong
Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday (10/6/08). As well, executives who feared for their bonuses in the read more
Australia Bank Cuts Interest Rates, Asian Markets Boosted
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 9th 2008 by Dr. Kevin Ong
Asian stocks were mixed Tuesday (10/7/08) as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch. The Reserve Bank o read more
Ex-AIG CEOs Skip House Hearing On Bailout Crisis
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 8th 2008 by Dr. Kevin Ong
The government’s rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry. Three former AIG chief executive office read more
Ron Paul: Letter on the Bailout Plan
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 8th 2008 by Dr. Kevin Ong
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike. The even read more
Gold Shines as Inflation Fears Rise with Rate Cuts
Coin News & Numismatic Articles | October 8th 2008 by Mike
New York gold futures gained 2.8% as inflation talk picked up steam after the Fed and world central banks cut interest rates in an emergency announcement on Wednesday in an attempt to ease the credit crunch. Silver moved higher while oil and platinum read more
Ron Paul: The Congress That Did the Wrong Thing
Fine Gold Silver Coins: Information, Education, Evaluation,… | October 8th 2008 by Dr. Kevin Ong
It has not been a good week for the Republic. It took quite a bit of trampling of the Constitution, but the bailout bill passed, as I suspected it would. The bailout failed the first time it was brought to the House. Undaunted, the Senate pressed read more
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