[vc_row][vc_column][vc_column_text]Philip Diehl, director of the U.S. Mint, discusses the release of the Sacajawea dollar coin. Sacajawea was a Shoshone Indian who acted as guide to Lewis and Clark. Transcript Sacajewea Dollar Coin is Released MATT LAUER, co-host: In a couple of weeks, you may find some gold in your pockets. A new golden dollar is…
Diehl on NBC: Sacajawea Dollar Coin is ReleasedDetailsTHIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. ANNOUNCER: Ahead on BUSINESS UNUSUAL, making change. We’ll meet the man who transformed the United States Mint from a stodgy government agency to a player in the new economy. Boeing attacks productivity problems, cuts cost and rockets…
Business Unusual: Philip Diehl Transforms U.S. MintDetailsUnder Philip Diehl’s direction, the U.S. Mint has literally changed the face of American money: Last year the Mint introduced the 50 States Quarters program, and this year brought the Sacagawea dollar coin. Officially named the Golden Dollar, the new coin features the likeness of Sacagawea, the young Shoshone woman who served as guide and…
Diehl on NPR: The Golden Dollar CoinDetailsAfter being bearish on gold prices during 2013 and 2014, I became mildly bullish on the precious metal in February of this year. With gold at $1,200 an ounce, I wrote an article discussing three reasons why I believed gold prices would bottom in 2015, and thus why I believe gold was an attractive long-term…
Why Now Is a Great Time to Buy GoldDetailsEurope has offered Greece a new $96 billion bailout after its government agreed to enact deep economic reforms under close supervision by its creditors. The rescue — Greece’s third since 2010 – should secure its place in the euro, for now. The country’s potential exit from the currency union would have shaken Europe to its…
Greek Bailout: Europe Strikes Deal after Marathon TalksDetailsChina has been making it very clear that it wants more control over the global gold market, but it’ll have to go through New York and London first. “Given that China is the epicenter of the physical gold market, it does make sense that the Chinese government would want its physical Shanghai gold market to…
China Wants to Steal Gold-Market ‘Reins’ from New York, LondonDetailsChina’s securities regulator banned major shareholders, corporate executives and directors from selling stakes in listed companies for six months, its latest effort to stop the nation’s $3.5 trillion stock-market rout. Investors with stakes exceeding 5 percent must maintain their positions, the China Securities Regulatory Commission said in a statement. The rule is intended to guard…
China Bans Stock Sales by Major Shareholders for Six MonthsDetailsGreek Prime Minister Alexis Tsipras probably has 48 hours to resolve a standoff with creditors before civil unrest breaks out and ATMs run out of cash, hedge fund Balyasny Asset Management said. Fund managers are questioning how the International Monetary Fund and Europe’s leaders can seal a deal with Athens following the “no” vote in…
Greece ‘48 Hours Away From Unrest’DetailsBlackRock Inc. is seeking government clearance to set up an internal program in which mutual funds that get hit with client redemptions could temporarily borrow money from sister funds that are flush with cash. BlackRock, the world’s largest money manager, filed with the U.S. Securities and Exchange Commission on Friday to set up what’s known…
BlackRock Seeks SEC Clearance for Internal Fund LendingDetailsGreece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced it to put a nationwide lockdown on money withdrawals. Greece owes the IMF about $1.9 billion by the end of Tuesday but…
Greece to Miss IMF Debt Payment and Bailout to ExpireDetailsIt was more or less impossible for Greek banks to open on Monday, once the European Central Bank announced it was turning off emergency lending to them. Because in the absence of any increase in this so called Emergency Liquidity Assistance, the banks had no way to supply cash to Greek depositors who have been…
Greece's Bank Holiday from HellDetailsThe Organization for Economic Cooperation and Development warned on Wednesday that prolonged low interest rates fueled by central banks’ quantitative easing pose a serious threat to the solvency of pension funds and life insurers that could send ripples through the global financial system. As interest rates are expected to stay low for an extended period,…
Low Interest Rates Are Threat to Pension Funds, Life Insurers, Says OECDDetailsYou have been signed up for price alerts for this product.
