When seeking ways to raise more interest in South African Gold, the Chamber of Mines came up with an idea they believed could boost public interest in the Precious Metal. The chamber’s solution was to issue a one-ounce Gold coin. On the 3rd of July, 1967, a cooperative venture between the Rand Refinery and the South African Mint produced the…
Humans have been fascinated by Gold for millennia. Artefacts found in ancient tombs in Bulgaria suggest that the yellow metal may have been mined for as many as 7,000 years. Silver mining appears to have begun around 2,000 years later in the neighbouring Turkish region of Anatolia. Interestingly, these Precious Metals were later used as currency throughout the Middle East and many…
There is no doubt that the effects of Covid-19 are being felt in different ways across global financial and business markets. Supply constraints have resulted in bare shelves in major US retailers as transport and logistic delays frustrate consumers ready to spend as the world recovers from the pandemic. In parallel, rising oil prices are putting pressure on input costs…
We all know that an investment in Gold and Silver should not be based on making a quick return. Usually, these metals provide portfolio diversification and a hedge against currency depreciation and, importantly, against inflation. Over the last few months, investors will have watched these metals largely tread water as the US Fed teased global markets with an expected announcement…
It’s an unusual time for the world as the effects of moving through the Covid pandemic strike at the heart of many key economic indicators and trend forecasts. There remain signs that the global recovery is moderating. IMF (International Monetary Fund) forecasts show that despite the robust recovery, growth forecasts are moderating downwards. The Chinese economy has been under some…
Gadgets may break or become outdated, and clothes will wear out, but a Krugerrand coin for Christmas is a gift that will outlast these and grow in value. Despite the nation's woes and a global recession, December is a time when we traditionally throw caution to the wind and join the millions of shoppers eagerly looking for the perfect presents…