Perth Mint 50 Gram .9999 Fine Gold Bar with Assay Certificate
An excellent way to add to your gold collection, this New Fine Gold Bar is sealed with a tamper-evident case and comes with the assay certificate. Meticulously struck by the Perth Mint, this bullion is sure to be the centerpiece of your display.
Fine Gold Bar Design
On the front of the 50 Gram Gold bar is the distinctive Perth Mint logo: a circle holding a majestic swan and the words "THE PERTH MINT" and "AUSTRALIA." The purity and weight of the gold is also on the front and reads "99.99% PURE GOLD 50 GRAM." The back of this minted Fine Gold Bar is imprinted with Kangaroos which beautifully represent the country of its origin, Australia.
About the Perth Mint
In 1899 The Perth Mint was opened in response to gold being found in Coolgardie and Kalgoorlie. Diggers would bring their findings to the Mint where the gold would be refined and turned into gold coins. When the British abandoned the gold standard in 1931, the Mint stopped producing the Gold Sovereign. However they continued to keep busy by turning their attention to making Fine Gold bullion bars. The Perth Mint carried on with coin making at the outbreak of WWII.
One of many sizes, the 50 gram .9999 New Gold Bar, sealed with Assay Certificate is a stunning masterpiece of the Perth Mint. Add one to your collection today!
|Weight in Grams:||50 g|
The price of gold virtually motionless as the market awaits some news from Federal Reserve chair Janet Yellen’s speech Friday at Jackson Hole.
When you’re looking for a way to invest your money, there are a wide variety of options available. Physical gold and gold coins are on the list, but you need to know what you’re dealing with. Some of the most frequent questions about buying gold bullion include things like the timing of your purchase and how pricing works. Just keep reading and you’ll know all the necessities soon.
CME reports a 23 percent chance of a rate hike in June and a 59 percent chance in July.
After listening to some FED governors over the past week calling for a rate hike in June, the stage is now set for “The Boss” to share her opinion of what direction the Fed will take at the June meeting.
These comments give the gold market sell signals and chases any nervous long-term investors from holding on to their positions.
Some wall street traders I spoke with this morning have said that they expect gold to test the $1,300 dollar level sometime later this week.
I believe the rally in silver will lose some steam and test the $17.00 level this week.
Is Janet Yellen losing control of her staff? Does the staff have any confidence she can lead?
Some traders believe the pressure will be on from some FED governors to convince Ms. Yellen to raise rates at the next FED meeting, giving traders the fuel they are looking for.
After seeing the jobs report this morning, some Wall Street spec traders report going short the June gold contract is an investment they feel comfortable in making.
The good news is the ETF funds continue to see more and more inflows and now the holdings are above 58 million ounces.
In order to understand what could happen here in the States, we need to look at where negative interest rates are a fact of life.
There are many factors that can cause a tsunami in the gold price, but you need to experience the RUMBLINGS before the big one hits our shores.
Are we really this gullible?
Helping support the rally in gold is the nonstop infusion into the gold ETFs. Even silver has joined the party with a big increase yesterday.
Over the years, the word inflation was synonymous with higher gold prices, but in my opinion negative interest rates will have a much more profound effect on the price of gold. As an investor, why would anyone want to pay the bank to hold their money.
I wanted to share his comments with each one of you so you can hear from other sources on how damaging negative interest rates could be. These comments only add fuel to the momentum that has been created by ETF purchases from the beginning of the year.
Let’s briefly explain how the metals get into the depository. I will use as an example our CME and ICE depository, International Depository Services of Delaware (IDS).
Well today, another Fed chairman emerges from behind the curtain to add his two cents: Richmond Fed Chairman Jeffery Lacker. I guess he felt left out, or Janet just told him it’s his turn to comment on future Fed rate hikes.
So is it time to give gold a serious look? As I’ve been sharing my opinion and the opinions of many gold traders around the world, as we all watch the action in interest rates, the dollar index, equities and the price of oil.
As I enjoy taking a contrary position on topics like this, I believe Gold will continue to be well supported at these levels and I don’t believe the data the Fed will look at going forward will give them any ammunition to raise rates at the next Fed meeting.
Walter Pehowich is on vacation today, so our commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
Walter Pehowich is on vacation today and Monday. Today’s commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
We need and demand orderly markets in order to attract investment. These crazy comments bring uncertainties to all markets and chase folks from investing in them.
Silver holding her head above water, rallying to $14.495 overnight in the March contract. With the lack of available one thousand oz. bars on the street, we have seen premiums increasing. The question remains, is this a indication of things to come as CME warehouse stocks continue to decline?
This article explores the reason that banks purchase gold. What’s in your safe deposit box?
So we have a stalemate.
The longer gold stays in a trading range the more likely it will have a spring effect (or as they say) I expect a short covering rally.