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The U.S. Mint said on Wednesday that its 2014 American Silver Eagle coins have temporarily sold out amid “tremendous demand in the last several weeks.” As we wrote in yesterday’s blog, the Mint reported record high bullion coin sales during the month of October. This news was not announced to the public, but a spokesperson confirmed that a

Gold and silver hit their lowest prices since 2010 on Friday amid a strong dollar and the Federal Reserve’s termination of its quantitative easing (QE) program. The U.S. dollar strengthened against the Japanese yen after the Bank of Japan announced it would increase its stimulus spending. Jeffrey Sica of Sica Wealth Management said “The main reason for gold’s fall is

The Federal Reserve concluded its monthly meeting today, in which it decided to end its quantitative easing (QE) program and continue to keep interest rates low for a “considerable time”. These announcements were in line with analyst expectations. You can see the full official statement here. The Fed’s QE program, introduced in 2008, involved the central bank

Former U.S. congressman Ron Paul believes the Swiss gold referendum – an upcoming vote on whether Switzerland’s central bank should increase its gold reserves to 20% – is a “healthy conversation” on the role of central banks. The vote is set to take place on November 30. Paul is known to be a strong supporter

The Russian central bank has made headlines by purchasing a staggering 1.2 million ounces of gold in September, the country’s largest gold purchase in over 15 years. Analysts are noting that this could have a huge impact on global demand for gold, and that Russia may be attempting to send a message by publicly announcing such a large