Massive U.S. Gold Deposit Hidden In California??

First published by Money Metals here:
https://www.moneymetals.com/news/2018/07/11/massive-us-gold-deposit-hidden-in-california-001574

Is the U.S. Government hiding a massive gold deposit in the Chocolate Mountains in California? Well, according to a few top-notch conspiracy theorists, the U.S. Congress passed the Desert Wilderness Protection Act that has cordoned off this vast gold discovery from the public. Unfortunately, we may never know if this mammoth gold deposit exists due to the clandestine nature of our government… or will we?

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A STUNNING AMOUNT OF GOLD: Two Largest Gold Producing Countries In History

First published by Money Metals here:
https://www.moneymetals.com/news/2018/07/11/two-largest-gold-producing-countries-in-history-001573

How much gold did the two largest mining countries produce in history? Well, let’s just say that precious metals investors would be quite surprised to learn that the total cumulative gold production from the two leading countries is well over two billion ounces. That is one heck of a lot of gold once we consider that only six billion oz of gold has been mined in recorded history. Here are a few clues on the top two gold producing countries.

$GLD and $SLV Prices as of July 9 2018 @moneymetals

July 09, 2018 — Gold and silver prices finished last week nearly flat. Neither the bulls nor the bears found much to get worked up about.

The Friday jobs report was mixed with healthy number of new jobs being reported but headline unemployment rate ticking upward for the first time in a while. The rate moved from 3.8% to 4.0%.

The U.S. dollar weakened but the move did not translate into higher metals prices.

Low metals prices are driving some increased demand in the bullion markets. Bargain hunters have come out to buy coins, rounds, and bars over the past month, and fewer investors have been inclined to sell.

We are seeing some upward pressure on bid and ask premiums.

Check out live precious metals prices here:
https://goo.gl/sggYF1

$GLD and $SLV Prices as of July 9 2018 @moneymetals

July 09, 2018 — Gold and silver prices finished last week nearly flat. Neither the bulls nor the bears found much to get worked up about.

The Friday jobs report was mixed with healthy number of new jobs being reported but headline unemployment rate ticking upward for the first time in a while. The rate moved from 3.8% to 4.0%.

The U.S. dollar weakened but the move did not translate into higher metals prices.

Low metals prices are driving some increased demand in the bullion markets. Bargain hunters have come out to buy coins, rounds, and bars over the past month, and fewer investors have been inclined to sell.

We are seeing some upward pressure on bid and ask premiums.

Check out live precious metals prices here:
https://goo.gl/sggYF1

Originally Posted Here: $GLD and $SLV Prices as of July 9 2018 @moneymetals

How NOT to Become a Casualty in the War on Cash

First published by Money Metals here:
https://www.moneymetals.com/news/2018/07/09/not-become-a-casualty-in-war-on-cash-001571

Lots of bullion investors wonder if the metal they hold might one day be needed for barter and trade. They bought gold and silver, at least in part, as a form of insurance. It just might come in handy in an extreme circumstance such as a currency crisis of the sort Venezuelans are grappling with right now. However, a hyper-inflationary collapse in the dollar isn’t the only dire scenario to insure against.

The Value of Investing in Precious Metals

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The Value of Investing in Precious Metals

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Originally Posted Here: The Value of Investing in Precious Metals

Trump’s Trade War Begins; Guy Christopher’s Posthumous Wisdom on Estate Planning

First published by Money Metals here:
https://www.moneymetals.com/podcasts/2018/07/06/lack-of-gold-trump-trade-war-001568

This week we continue our recent tribute to Guy Christopher, who recently passed away. We replay an interview with Guy on the topic of personal responsibility, estate planning, and making sure you don't leave your loved ones with a financial nightmare and an unwelcome scavenger hunt.