Bullion News

New York - Following a report by Goldman Sachs and the news Cyprus would be selling a significant portion of its gold reserves, gold and silver dipped at the end of the Friday trading session. On Monday, it fell even more.

Oceanside - Mark Dice, an author and critic of the current state of affairs, likes to depict what he calls the ignorance of Americans. His latest video shows him giving local residents the option of receiving a free $5 Federal Reserve Note or a free Silver Dollar

New York - Speaking with a financial news outlet, famed investor and money guru Jim Rogers urged investors not to sell their gold and silver coins, even though gold is trading 12 percent below its record high of $1,900.

Frankfurt - Germany wants its gold back. Local newspapers are reporting that the Bundesbank, the central bank of Germany, is planning to deposit more gold reserves at home in Frankurt, while withdrawing many of its precious metal held in facilities around the world.

New York - Jim Rogers, famed investor and founder of Rogers International Commodity Index (RICI), recently spoke with a business publication and explained that although he owns both gold and silver bullion, he would prefer to buy silver than gold.

Toronto - Throughout 2012, bullion prices have been rather lackluster. Investors saw silver jump to $35 in February, but fall since. Gold has also seen a sharp drop. Does this spell the end for bullion or is this just a temporary adjustment for goldbugs?

The spot price of gold broke the $1,700-per-ounce level yesterday, as investors began to panic due to the downgrading of America's credit rating. The downgrade pushed world markets down to pre-2008 levels.

Las Vegas - Looking for a place to buy gold bullion in the Las Vegas area? Look no further than Las Vegas casinos that have begun to place gold bullion vending machines called Gold to go ATM machines.

Toronto - Amid economic uncertainty, a declining United States dollar and astronomical amounts of debt all around the world, gold and silver bullion have become not just safe havens but also a "safe heaven of investment."

New York - During the morning's trading session, gold bullion hit a record high of $1,254USD before contracting a bit to $1,244USD. Experts believe that investors fear the world could slip back into negative territory.