Page 68 - Perth Mint News Today

This magnificent 10-kilo silver coin celebrates the Year of the Ox, the second of 12 animals associated with the ancient Chinese lunar calendar. Those

Exports hit record $36b as imports slump Save Share Goods exports hit a record $36 billion in April as Australia’s trade surplus widened to $10 billion on the back of a 7 per cent slump in imports. Exports ticked up $13 million on March’s record result, while imports fell $1.9 billion to $25.8 billion, led by a drop in gold imports following a strong result in March, according to the Australian Bureau of Statistics preliminary trade data. The largest export movements were in coal, pet...

John M. Mercanti, showcases a new ultra-high relief strike, a coining technique that offers an even greater three-dimensional aspect to the coin’s reverse design. Sublimely crafted, the spectacular bird stands especially proud of the coin’s delicately frosted, concave table. Named for its long, distinctively shaped tail, the wedge-tailed eagle is Australia’s largest bird of prey and one of the biggest eagles in the world. Found throughout mainland Australia, Tasmania, and southern The ...

The process of casting and refining may be restricted by the laws of physics, but that doesn’t mean innovation is impossible. New technologies are opening up new possibilities, writes CALLUM GLENNEN.

A global shortage of physical gold and silver products has created a premium on coins and bars, and this premium is causing a disconnect between the spot price and the “true” price that retail investors need to pay, said Ed Moy, former director of the U.S. Mint. Moy, who was the director of the U.S. Mint between 2006 and 2011, cites the inability of the mints around the world to keep up with physical coin and bar demand as a reason for this shortage. “Not only the U.S. Mint, but other Min...

PRECIOUS-Gold flat as Yellens comments on rates counter muted dollar Reuters 2 hrs ago May 5 (Reuters) - Gold prices were flat on Wednesday, as concerns over possibility of higher U.S. interest rates countered a subdued dollar, while palladium held firm after scaling a record high in the previous session. FUNDAMENTALS * Spot gold was unchanged at $1,778.53 per ounce by 0137 GMT, after falling over 1% in the previous session. * U.S. gold futures rose 0.2% to $1,779.00 per o...

The beliefs of the Inca take center stage in an impressive new silver coin release issued on behalf of the nation of Tuvalu. These beautiful coins with a

The silver price is today half of the January 1980 level. That was the peak at $50 which silver reached again 31 years later in 2011. But alas, the bullion banks, aided by the BIS (Bank for International Settlement) and central banks have again managed to push it down again and today silver is only $26.10. The current silver price has nothing to do with supply and demand. In a real market the Price of Silver would be substantially higher. In a fake market, the manipulators have no problem to su...

© Visual China Group via Getty Images It has been clear for some time that China has designs on the US dollar’s global reserve currency status. For China, this is simply a return to its rightful position on top of the world. To us Western usurpers, the implications of this are just enormous. Nine in ten central banks are working on digital currencies, according to research by Fintech and IT Benchmarks 2021, but none (except perhaps the Bahamas), are as advanced as China, which has been wor...

Source: Crikey/AAP More than 400 years ago, English bishop Joseph Hall famously declared: “A reputation once broken may possibly be repaired, but the world will always keep their eyes on the spot where the crack was.” The Christine Holgate debacle has seriously damaged quite a few reputations. Some may never be fully repaired, and the world will certainly not forget anytime soon. For an issue that began over a relatively trivial matter, the list of candidates for reputational damage is long...