American Eagle Gold Coin Sales At 11-year High

With faith in paper currencies plummeting around the world, gold in a number of forms is being acquired by investors, and for phyiscal gold, the one-ounce American Eagle gold coin enjoyed the highest sales for May in 11 years.The U.S. mint said they sold approximately 190,000 American Eagle gold coins in the month, as an increasing shortage of physical gold coins has investors pouring into the

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SPDR Gold (NYSEArca:GLD) Record Bullion Holdings

SPDR Gold Trust Gold bullion held by SPDR Gold Trust (NYSEArca:GLD) has reached record levels, as the exchange-traded fund added 9.7 metric tons of gold to its reserves, the highest ever held by the ETF. Holding as of Thursday for SPDR stand at 1,140.43 tons after adding the physical gold to their holdings. The increase in gold was the largest addition in over six months, and represented an

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China Giving Gold Prices Support

China and Gold Price SupportEven though there has been a pull back in gold prices lately, leading the usual clueless commentators to question gold prices going forward, China remains a solid customer of gold, and recent changes in their laws had freed up its citizens to acquire more jewelry and hold a bunch of physical gold.Of course this is small potatoes compared to the inflation and safety

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