Daily Archives: March 15, 2012


Irans use of gold in its global trade might be a major step towards legitimizing gold as the “new money” and lead an example that the remainder of the world will slowly follow as soon as certain economies start to recuperate quicker than others. Possibly Iran is on to something that our Federal Reserve has not yet seen due to the fact that it is too captured up in “tradition.”. Central Bank guv Mahamoud Bahmani has actually understood that accepting gold bullion in location of these funds is a reliable method of cutting out this middle-man process and making sure the deals continue even quicker. Irans rely on gold has been partially prompted by sanctions positioned on them by the […]

Iran Shines a New Light on Trade


Weve currently gone over Austrias popular gold coin, the Philharmonic, however the 1915 Corona 100, though no longer minted, is a crucial piece of history. The Austrian Mint first revealed these coins in 1892 as legal tender. His brother, Franz Ferdinand, is specifically notable in the history books, as his assassination is frequently pointed out as the catalyst for World War I. One troy ounce Coronas have a 35mm size and 90% purity. This indicates they are only 21.6 Karat gold. They were minted in denominations of 1, 2, 5, 10, 20, and 100 Corona. So why is 1915 such an important year? It was then that the coin was terminated. This would seem exceptionally suitable, being one year into […]

1915 Austrian Coronas


The details of the FOMC conference absolutely raise a number of crucial concerns, and for those of us with a stake in golds instant performance, any statements made in relation to QE hold considerable weight to us. But I return to my continuous point, mentioned various times, that gold probably has the most stable market performance in history, as it is the only “stock” to have had a number of millennia-worth of company. The FOMC meeting may set a low tide for golds performance in the next year, but there will be another and another, due to the fact that unlike Enron, Netflix, or any of their brethren, gold will never declare bankruptcy. The financial obligation crisis in Europe continues […]

FOMC and the Aftermath