Why Rising Gold Prices Don’t Mean More Gold Is Coming
When gold prices rise, it is natural to wonder why mining companies aren’t producing more gold. If the price is attractive, shouldn’t more companies be opening mines and bringing new production to the market? To better understand what stands between a gold discovery and actual production, I spoke with Dr. Mudder, a cyanide and gold...
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Buffalo Nickel Value: What It’s Worth and Why
In September 1911, without any commission, the sculptor James Earle Fraser sent the Treasury Secretary his idea for a new nickel: an Indian on one side and a buffalo on the other, a pairing he called “purely American.” The coin entered circulation in 1913 and stayed until 1938, and its most famous weakness, a date...
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El Niño Means Inflation May Hit Harder in 2027
It’s not just weather forecasters who are watching how El Niño will unfold; investors are paying attention too. What Is El Niño? El Niño is a warming of surface waters in the Pacific Ocean. It arrives every two to seven years and typically lasts about 10 months. The warming ocean waters impact weather patterns across...
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Kennedy Half Dollar Value: What It’s Worth and Why
Days after President Kennedy’s assassination in November 1963, the engravers at the U.S. Mint began work on a coin in his memory. When the Kennedy half dollar reached the public on March 24, 1964, the first 26 million coins vanished so fast that the Mint’s director told Congress they “went up in smoke in 1...
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