0 Silver ETF Anomalies, National Gold Exchange, Regan Gold and Silver Coins Posted by Gold Silver | at 11:03 PM

I'm still catching up after a vacation in Europe. For now here are links to some recommended articles about gold, silver, and precious metals from around the net. Multiple Anomalies Detected in Silver ETFs A recently released working paper on statistical and factual anomalies in silver ETFs including internal duplicates, weight duplicates,...

0 Arensberg bullish on silver Posted by Gold Silver | at 8:44 PM

Gene Arensberg, precious metals analyst and author of the popular Got Gold Report, reiterates in his recent report his bullishness for silver. Although Arensberg is bullish on gold over the longer term, he sees the potential for more immediate upside action in silver. Arensberg notes that iShares Silver Trust (SLV), the largest silver ETF,...

0 Gold Investment Report - 2009 Second Quarter Posted by Gold Silver | at 6:05 AM

The World Gold Council is out with their latest Gold Investment Digest, providing an analysis of gold for the second quarter. The most notable aspect of the report is the incredible slow down in investment demand experienced during the quarter. During the second quarter, the price of gold rose from $916.50 per ounce to $934.50. This slight...

0 Gold and Silver Eagle Bullion Sales June 2009 Posted by Gold Silver | at 6:04 AM

The US Mint's sales of gold and silver bullion coins during June 2009 showed increases from both the prior month and year ago levels. The increases came amidst two interesting developments for the US Mint's bullion coin programs. In the middle of the month, the US Mint announced that their long standing rationing programs would be lifted....

0 Gold, Silver & Platinum 2009 Second Quarter Performance Posted by Gold Silver | at 6:03 AM

With the second quarter behind us, let's take a look at the performance of gold, silver, and platinum for the second quarter of 2009 and year to date. All of the metals posted gains, but at single digit levels. The best performer for the second quarter was silver with a gain of 6.33%, followed by platinum with a gain of 5.52%, and then gold...

1 Precious Metals Investment Tax Rates Posted by Gold Silver | at 9:31 PM

Gains from the sale of investments in precious metals are currently subject to a tax rate of 28%. This compares to the current long term capital gains rate of 15%, which applies to other investment classes such as stocks and bonds. A bill has been introduced which seeks to tax precious metals investors at the same preferential rates afforded...

0 US Mint Cancels 2009 American Gold Buffalo Bullion Coins Posted by Gold Silver | at 9:31 PM

CoinWorld has reported that the US Mint has canceled the American Gold Buffalo bullion coin offering for 2009. The production of one ounce proof coins for collectors is still planned. This bullion coin program was originally launched in 2006, as the first 24 karat gold bullion coin offering from the United States Mint. While the majority...

0 Platinum & Palladium Bullion from Royal Canadian Mint Posted by Gold Silver | at 9:27 PM

The Royal Canadian Mint has revived two bullion coin programs that had been previously been suspended for a number of years. This includes the Platinum Maple Leaf, with bullion coins already available, and the Palladium Maple Leaf, which is planned for later this year. The Platinum Maple Leaf was originally launched by the Royal Canadian...

0 US Mint Gold and Silver Rationing Ends Posted by Gold Silver | at 11:33 PM

The United States Mint unceremoniously ended the allocation programs which had been limiting the number of Gold and Silver Eagle bullion coins that authorized purchasers could order. The announcement came in the form of a memorandum sent to authorized purchasers on Monday. June 15, 2009 MEMORANDUM TO ALL AMERICAN EAGLE GOLD AND SILVER BULLIONAUTHORIZED PURCHASERS SUBJECT: American Eagle Gold and Silver One Ounce Bullion Coin Allocations...

0 Gold Confiscation, Missing Royal Canadian Mint Gold, Bernard von Nothaus Indictment Posted by Gold Silver | at 11:32 PM

As gold contemplates the $1,000 barrier, here's a roundup of gold, silver, and precious metals related stories that are interesting for one reason or another. Each headline comes with a snippet of commentary. Enjoy. A Myth Concerning Gold Confiscation Examination of a clause in Executive Order 6102, which receives little attention. In addition...

0 US Mint Gold and Silver Bullion Sales Through May 2009 Posted by Gold Silver | at 11:31 PM

As in the past, I wanted to write another post examining the US Mint's monthly gold, silver, and platinum bullion coin sales. Previously these figures were a flawed method of examining demand for physical precious metals due to the rationing program in place from the United States Mint. As long as authorized purchasers of US Mint bullion...

0 Gold and Silver Eagle Shortage Becomes Surplus Posted by Gold Silver | at 11:30 PM

For countless months, authorized purchasers of US Mint gold and bullion coins have been subject to a rationing process, which limited the number of coins they could purchase. The rationing program had been put into place after the demand for gold and silver coins exceeded the US Mint's ability to supply them. In a few recent posts I have...

0 Gold Dispensing ATMs, Hedge Funds Buy Gold, World Gold Production Posted by Gold Silver | at 11:29 PM

With gold now reaching it's highest price of the year, gold related stories seem to be popping up in more places. Here are a few gold related articles and blog posts from the past week that are worth the read. German firm plans gold ATMs to meet growing demand It seems like other countries are always creating new ways to make gold easier...

0 Coming Soon: Rhodium Bullion Coins Posted by Gold Silver | at 11:29 PM

Rhodium is a member of the platinum metals group. It is silvery white in appearance and highly reflective. It has been used as a finish for jewelry and mirrors, electric connections in aircraft turbine engines, in catalytic converters of automobiles, and in alloys with platinum and palladium. Rhodium is known as one of the most scarce and...

0 Gold and Silver Paper and Physical Markets Realign Posted by Gold Silver | at 11:28 PM

Late last year and early this year, a continual observation of the gold and silver markets was the disconnect between the prices quoted on paper markets and the prices that you would actually need to pay to buy physical precious metals. In the past few weeks premiums for physical gold and silver have declined as the prices quoted on the paper...

0 US Mint Bullion Sales for April 2009 Posted by Gold Silver | at 10:57 PM

The US Mint's bullion sales figures for April 2009 remained robust. The amount of gold bullion sold during the month was the highest of the year. Silver bullion sold was the second highest figure for the year. Once again, the US Mint did not sell any platinum bullion coins. This offering has been delayed with no indication of when sales might...

0 Palladium Bullion Coins Proposed Posted by Gold Silver | at 10:55 PM

With the price of palladium down from the peak price reached during 2008, there seems to be increased interest in creating methods for investing in palladium. I previously wrote a post on the proposal to create a palladium ETF. Now there is a proposal for a United States palladium bullion coin. A bill was introduced in the United States Senate on April 1, 2009 to create palladium bullion and numismatic coins for the year 2009....

0 Is the Silver Eagle Shortage Ending Posted by Gold Silver | at 10:54 PM

World mints have struggled to keep up with the booming demand for precious metals. The situation has been ongoing for more than a year and frustrated physical silver investors with suspensions, rationing, and delays. There are finally some signs that the shortage may be coming to an end, in particular for the American Silver Eagle bullion...