Gold pierced the milestone $2,500 per ounce mark, from $2,483.68 in July to $2,514.90 on August 20. Costco is reportedly selling up to $200 million in gold bars per month, and China now has gold-dispensing ATM machines.
Why is there a feeding frenzy in gold?
"People have concerns about safety and protection," said Warren Mills, vice president and chief numismatist at Rare Coins of New Hampshire. "We could be right on the edge of World War III. If all-out war materializes, we could see gold at $10,000 per ounce. The chance of this happening within the next few years is 40%. That's a fair chance, and people should protect themselves with physical gold."
Diese Geschichte stammt aus der October - November 2024-Ausgabe von COINage Magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October - November 2024-Ausgabe von COINage Magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Coin Dealers Attacked, Targets of Organized Crime
Coin dealers nationwide have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows.
Should You be Paying Sales Tax on Your Bullion and Coin Purchases?
THERE ARE MANY IMPORTANT EXCEPTIONS AND EXEMPTIONS
Physical Format Bitcoin Gains Collector Acceptance
PRICE RECORDS CONFIRM MARKET DEMAND
Coin Industry's Version of the Good Housekeeping Seal
CAC GRADING NOW APPROVES AND CERTIFIES
Scott Travers' 2025
TOP 12 COIN & PRECIOUS METALS TIPS & FORECASTS
Showcasing Jefferson Nickels
HOW TO IDENTIFY VALUABLE VARIETIES
ALEKS GREGORY - VERIFY THAT YOUR GOLD IS REAL
Aleks Gregory entered the coin and precious metals market four years ago as a collector and started trading bullion professionally shortly after. He utilized a Sigma Metalytics Pro verifier to confirm that his purchases were real and was astonished at the machine's capabilities.
Top 5 Gifts for Friends, Family and You
YOUR 2024-2025 NUMISMATIC HOLIDAY
Standing Liberty Quarters - THE RISE OF A SUPERPOWER
Standing Liberty quarters were minted from 1916 to 1930, but the design of these coins relates to issues “in the news” in 2024 and beyond. Indeed, an interesting and not well understood aspect of Standing Liberty Quarters is their reflection of then-recent changes in the foreign policy and military power of the United States.
The World's Most Valuable Coin - 1933 SAINT-GAUDENS DOUBLE EAGLE
How can a coin that was intended for circulation and had a mintage of 445,500 coins be the world’s most expensive gold coin? It is a story about timing, a gift, a theft, and our nation’s economic history.
