AUSTIN(BullionStreet): Texas is all set to become the first state to fully expand a tax exemption for gold and silver coins after Texas Senate passed H.B. 78, the bill that eliminates the sales tax on precious metal coins and bullion. Texas Governor Rick Perry is expected to approve a bill…
Gold and Silver will become two of the best assets to own in the future, however most investors are still clueless to why this is true. Currently, the Main Stream Media Bandwagon has hoodwinked the majority of investors into buying and holding some of the most overpriced, dead-end, and increasing…
According to the Royal Canadian Mint’s newest quarterly report just released, Gold and Silver Maple Leaf sales increased substantially Q1, 2013. During the first quarter of 2013, Silver Maple Leaf sales were up 65% at 6.6 million ounces compared to 4 million ounces during the same period last year. The…
Mineweb — Russia and Kazakhstan expanded their gold reserves for a seventh straight month in April, buying the metal to diversify assets even as prices slumped the most in three decades. Russian holdings, the seventh-largest by country, climbed 8.4 metric tons to 990 tons, taking gains this year to 3.4…
The results are finally out and 2012 proved to be another record year for the continued squeeze in the top 5 gold miners. Not only did gold production decline 1.3 million ounces from the top 5 year-over-year, their average yield dropped another 6%. As gold yields continue to decline, it…
SINGAPORE (Reuters) – Premiums for gold bars hit a record high in Asia on Wednesday as lower spot prices lured more buyers, mainly in China, the world’s second biggest consumer of the precious metal, amid tight physical supplies. KILO BARS SCARCE IN SINGAPORE “Currently, there are no kilo bars in the…