Posts Tagged ‘Coins’


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Gold, little changed in London today, may gain for a second day as concern over the economic recovery fuels demand for bullion as a means of protecting wealth.

The dollar weakened against the euro before a U.S. report today forecast to show business activity expanded at a slower pace and after the European Central Bank said it would lend banks 131.9 billion euros ($161.5 billion). Gold is headed for its biggest quarterly advance since the end of 2007. Holdings in the world’s biggest gold-backed exchange-traded fund rose to a record yesterday.

“Sentiment is still sour,” said Andrey Kryuchenkov, an analyst at VTB Capital in London. “Scrap selling has also been fairly limited because most players fear more upside to prices amid ongoing uncertainty.”

Gold for immediate delivery added $3.82, or 0.3 percent, to $1,244.47 an ounce at 11:32 a.m. in London. Prices are up 12 percent this quarter. The metal for August delivery was 0.2 percent higher at $1,244.90 on the Comex in New York.

Bullion rose to $1,240.50 an ounce in the morning “fixing” in London, used by some mining companies to sell output, from $1,234.50 at yesterday’s afternoon fixing.

Bullion has climbed 13 percent this year, reaching a record $1,265.30 an ounce on June 21, as investors sought to protect their wealth from prolonged financial turbulence in Europe and on concern the global recovery may slow. The metal is set for a seventh straight quarterly gain, the best run since 1979. Gold rose to records this month in euros, pounds and Swiss francs.

European Bank Lending

The euro slid 9 percent against the dollar this quarter, the most since the third quarter of 2008. The MSCI World Index of equities fell 13 percent in the period, while the Reuters/Jefferies CRB Index of 19 raw materials slipped 6.2 percent through yesterday.

The Institute for Supply Management-Chicago Inc. in the U.S. is forecast to report today itsbusiness barometer fell to 59 this month from 59.7 in May, according to a Bloomberg survey. Figures greater than 50 signal expansion.

The dollar extended declines after the European Central Bank said it would lend banks 131.9 billion euros for three months, less than some analysts forecast and a sign that the region’s financial industry may be stronger than investors estimated. Banks tomorrow need to repay 442 billion euros in 12- month funds, the biggest amount ever awarded by the ECB and a key plank in its efforts to fight the financial crisis.

“Gold prices appear to have become less sensitive to the level of fear and more sensitive to dollar movements,” Filip Petersson, an analyst at Swedish bank SEB AB’s commodity unit, said in a report. Still, “a mountain of sovereign debt in the western world and growth concerns” are giving “rock solid support” to gold, he said.

ETF Record

Bullion has advanced in 2010 even as the dollar, which usually moves inversely to gold, has strengthened against the euro. Bullion gained 24 percent last year as the dollar weakened 2.5 percent.

Assets in the SPDR Gold Trust, the biggest ETF backed by bullion, gained 4.26 metric tons to a record 1,320.44 tons yesterday, according to the company’s website. Global holdings of the metal by ETFs rose 3.9 tons to an all-time high 2,067.7 tons yesterday, according to Bloomberg datafrom 10 providers.

“Demand for gold as a safe haven will remain strong, which should oppose any major declines in prices,” Eugen Weinberg, head of commodity research with Commerzbank AG, wrote in a report. “Due to the currently high price level, profit-taking by short-term oriented investors is increasing.”

Silver for immediate delivery in London added 1.3 percent to $18.73 an ounce, increasing its gain this quarter to 7.2 percent. That’s a sixth straight quarterly advance, the best streak since the beginning of 1980.

Platinum was 0.5 percent lower at $1,536.25 an ounce, and palladium was up 1.1 percent at $457.42 an ounce. Both metals are set for their first quarterly loss since the end of 2008.

To contact the reporters on this story: Kyoungwha Kim in Singapore at Kkim19@bloomberg.net;Nicholas Larkin in London at nlarkin1@bloomberg.net.

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Collecting Silver and Gold is a wise choice in ANY economy. Would you be better off today if you had been collecting silver and gold the past 5 or 10 years? YES! And the answer to that question is ALWAYS the same. Silver and Gold is GOD’S money. It can NOT be created by anyone. IT will ALWAYS be valuable because of it’s scarcity.

Robert Kiyosaki (Best selling author of “Rich dad, poor dad, real estate guru and self made multi-millionaire) says that SILVER is the number one investment to protect yourself from inflation. Right now, and only for a short time, it is priced low enough and “Average Joe” can get into the game. Investing is not just for the rich… at least right now.

At $18 per once (at the time of this post), one could put off some Starbucks purchases, Apple IPAD/IPOD, new computer, new car ect. You should get the picture. Take care of your future FIRST.

Watch this series, SUBSCRIBE, and see if your financial literacy doesn’t increase, and if you experience epiphany.

Thanks to http://inflation.us for their hard work, and great research.

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People, you really need to start paying attention to your finances, and what the government is doing. I pity the fools who show no interest in politics. You are possibly about to be wiped out.

Thanks to http://inflation.us for their hard work.

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United States Circulating Base Metal Coins



Credit to Alec Nevalainen of Coinflation.com

Description Denomination Metal Value Metal % of Denomination
1909 – 1982 Copper Lincoln Cent
$0.01 $0.023357 233.57%
1946-2010 Nickel
$0.05 $0.06037 120.74%
1982 – 2010 Zinc Lincoln Cent
$0.01 $0.0061848 61.85%
1965-2010 Dime
$0.1 $0.0208938 20.89%
1965-2010 Quarter
$0.25 $0.0522346 20.89%
1971-2010 Half Dollar
$0.5 $0.1044692 20.89%
1971-1978 Eisenhower Dollar
$1 $0.2089385 20.89%
1979-1981, 1999 SBA Dollar
$1 $0.0746209 7.46%
2007-2010 Presidential Dollar
$1 $0.0617395 6.17%
2000-2010 Sacagawea Dollar
$1 $0.0617395 6.17%




United States Circulated Silver Coins


Description Denomination Metal Value Metal % of Denomination
1942-1945 Nickel
$0.05 $1.0284516 2056.9%
1921-1935 Peace Dollar
$1 $13.8423634 1384.24%
1878-1921 Morgan Dollar
$1 $13.8423634 1384.24%
1964 Kennedy Half Dollar
$0.5 $6.4732339 1294.65%
1948-1963 Franklin Half Dollar
$0.5 $6.4732339 1294.65%
1916-1947 Half Dollar
$0.5 $6.4732339 1294.65%
1932-1964 Washington Quarter
$0.25 $3.2366169 1294.65%
1916 – 1930 Standing Liberty Silver Quarter
$0.25 $3.2366169 1294.65%
1946-1964 Roosevelt Dime
$0.1 $1.2946468 1294.65%
1916-1945 Mercury Dime
$0.1 $1.2946468 1294.65%
1971-1974, 1976 Silver Eisenhower Dollar
$1 $5.7659384 576.59%
1965-1970 Half Dollar
$0.5 $2.6965552 539.31%



©
2009 National Inflation Association. All Rights Reserved
Questions/Comments: editor@inflation.usLegal Disclaimer

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Numis Network is coming to Columbus, Ohio. Learn why you now hear everywhere, you should be collecting silver and gold, and how even “Regular Joe’s” can do it with this home based business (If I can, anyone can). Fortune building is not just for the rich.

You will learn how to get PAID to collect, tangible assets. Assets that everyone wants, no one can have too much of, historically appreciates and will never be worthless.

This is a FREE event. Come early and have dinner at China Garden’s buffet as a thank you for allowing this event at their place.

Please RSVP here: www.GetSilverNGold.com

Wednesday, January 27, 2010

7:00pm – 8:00pm

China Garden Buffet

75 w. Shrock Rd.

Westerville, Ohio 43081

See MAP HERE


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After a year of heavy demand, the United States Mint will begin offering the 2010 American Gold Eagle bullion coin with a slight delay. Typically, authorized purchasers are able to order the coins in late December for delivery in early January. This year orders won’t be accepted until January 19, 2010.

The reason for the delay is because the US Mint continued to produce the 2009-dated Gold Eagle bullion coins up until the end of the year, amidst the continuing high demand. This demand resulted in the fourth highest annual sales total of gold bullion in ounces.

Typically, production of coins bearing the following year’s date will begin by early December. This, in turn, allows the US Mint to accept orders earlier and begin delivery a few days into the new year.

The only gold bullion coin offered will be the one ounce 2010 Gold Eagle. The status of fractional weight offerings has not been provided. During 2009, the US Mint sold only the one ounce coins for the first eleven months of the year and offered the fractional Gold Eagles during December.

via 2010 American Gold Eagle Release Date.

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Numis Network is coming to Columbus, Ohio.

Hear about the opprotunity to join an Silver and Gold assets collecting company that is spreading like wild fire. Numis Network combines the power of network marketing with a very lucrative payment matrix while helping one to aquire Silver and Gold assets, possibly for FREE depending on how well you spread the word.

For more information go to www.GetSilverNGold.com and www.BuySilverNGold.com

You may also register for a FREE presentation on January, 27th, 2010 at the China Garden Buffet, 79 W. Shrock rd. Westerville, Ohio 43081 at www.BuySilverNGold.com, or CLICK HERE for a facebook registration. You may also call 1-800-880-6359.

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This guy you heard went through the room and had people stand up that he had JUST met this morning and remembered their names running through having them sit down as he looked at them and called their name!

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For more information on Numis Network and collectible Gold and Silver coins combined with Network Marketing, go to https://www.numisnetwork.com/denver

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