Gold remains one of the rarest elements on earth. But just how hard is it to come by, and when might the gold supply run out? America’s Gold Authority® has the answers. How Much Gold Has Been Mined? No one knows for certain how to calculate the total amount of gold ever mined, but the…
How Much Gold Is In the World?DetailsThe spot price of silver reflects the current market price of one ounce of silver. It doesn’t necessarily reflect the time or energy it takes to design, mint, or ship a silver coin. It also doesn’t factor in the supply or demand for an individual silver coin. Here, we’ll explain why offers to buy silver…
Can I Buy Silver at the Silver Spot Price?DetailsFor the past year, we’ve heard various predictions and prognostications from economic experts about an impending recession. Some have called for a downturn by the end of this year. Others maintain that there could be a recession—along with a contentious election—next year. And yet another group of analysts are calling for the longest uninterrupted economic…
Consumer Sentiment: A Wall Street “Sell” Signal?DetailsYou shop for clothes, books, groceries, and gifts online. You may even do most of your banking online. But buying gold online? You might be a little wary, and that’s okay. We’ll explain how you can be smart and buy gold online—safely. Are You at Risk? Amid the meteoric rise of the price of gold…
Is It Safe to Buy Gold Coins and Bars Online?DetailsWe all know that the financial markets cannot continue to climb indefinitely. Stocks have routinely collapsed throughout history, and bad things have been set in motion by a variety of factors, like speculation, inflation, asset bubbles, bank failures, mass unemployment, and geopolitics. Market crashes wipe out what’s called “paper wealth,” leaving a wake of decimated “paper millionaires” who, according to Investopedia, are individuals with “a high net worth as a result of the large total market value of the assets he or she owns.” Many of us with robust pensions or 401(k)s may…
Paper Wealth, Paper Millionaires, and the Paper RichDetailsThe “silver standard” lasted for centuries, and the U.S., China, India, and Great Britain are countries that had adopted it. The Coinage Act of 1792, which created the U.S. Mint, first defined the dollar relative to silver, not gold. So why don’t we hear about the silver standard anymore, and what happened to it? Read…
When Did the U.S. Go off the Silver Standard?DetailsEurope has just posted downright dismal PMI (Purchasing Managers’ Index) numbers. The Purchasing Managers’ Index is a leading indicator of manufacturing activity and a carefully watched barometer of economic health. The latest PMI flash data that covers 19 countries in the European Union suggests that the eurozone could be moving closer to recession. A PMI reading above 50 generally suggests an economic expansion, while anything below 50 indicates a contraction. The monthly flash report for September (an advanced indicator) fell from…
The Mighty German Engine Is Sputtering—so Goes the Eurozone?DetailsThe infamous 1929 crash of the U.S. stock market heralded the economic meltdown that became known as the Great Depression. The turmoil of the Great Depression lasted 10 years, etching its place in history as the worst economic slump ever in the industrialized world. About half of the banks in the U.S. collapsed. Millions of…
What You Can Learn from Stock Market CrashesDetailsSwarms of people headed to California during the gold rush of the mid 1800s in search of great fortune. But did you know that gold has been found in every state in the U.S.? The Gold Bullion Act of 1985 directed the Secretary of the Treasury to mint and issue gold coins in $50, $25,…
Gold in America: Do You Live in a Gold-Rich State?DetailsBaby boomers are the children of the Greatest Generation and most often defined as those born between 1946 and 1964 during the post–World War II baby boom that saw the U.S. population surge by more than 76 million. Boomers, however, have proven to be great in their own right. They’re a hardworking, entrepreneurial generation that…
What Keeps Baby Boomers Awake at Night?DetailsYou probably already know that few coins deliver the tour de force of design and history that the Austrian Gold Philharmonic Coin provides. But how much do you know about the coin’s history? For instance, did you know that a receptionist almost prevented the coin’s design from becoming a reality? Or that the pipe organ…
Are You in Tune with the History of the Austrian Gold Philharmonic Coin?DetailsJeffrey Gundlach. Naguib Sawiris. Paul Tudor Jones. Sam Zell. Ray Dalio. Lord Jacob Rothschild. These are all billionaires who believe in the power of gold, but for different reasons. Some buy gold for portfolio diversification. Others buy gold as a way to preserve wealth. What can you learn from these billionaires? Follow along to find…
Do Billionaires Buy Gold? You Bet.Details
