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20 Dec 2022 4 minute read 0 comments SweptOverNiagara $0.15
While most central banks have been aggressively hiking rates since last spring, one of the few holdouts leaving rates unchanged has been the Bank of Japan. It was only a couple of months ago, right before the whole FTX mess blew up, that the Yen crat...
8 Dec 2022 3 minute read 6 comments SweptOverNiagara $1.14
Gold can be purchased for just $57.49 USD per gram, at time of writing. In most other currencies (except the Swiss Frank), the price per gram or ounce has skyrocketed. It will cost over $78 in Canadian dollars, $85 in Australian dollars, $448 Hong Ko...
3 Oct 2022 1 minute read 2 comments SweptOverNiagara $0.06
Some very nice charts from Kitco.com showing the sudden rise in both metals as of this morning. Europe appears to be in a bind. Great Britain's currency has suffered historic falls after the Bank of England raised rates another 50 basis points and in...
17 Feb 2022 2 minute read 3 comments SweptOverNiagara $0.03
The Russia, Russia, Russia rhetoric amplified again this morning, sending investors back into gold which topped at $1,901 just after noon today. There are reports of minor clashes between Ukrainian forces and Russian backed rebels. U.S. Secretary of...
15 Feb 2022 5 minute read 5 comments SweptOverNiagara $0.16
OWNx is a precious metals dealer that allows you to buy precious metals online directly through your linked bank account. You can choose to take immediate delivery or keep your metals safely stored at one their highly secure locations or cash out any...
4 Jan 2022 2 minute read 0 comments SweptOverNiagara $0.04
Wow, 2021 was a very good year for the U.S. Mint. Gold coin sales reached over 1.25 million ounces, making it the best year since 2009 and a 48% increase year over year. January was their best month with 220,500 ounces sold of various denominations...
2 Jan 2022 6 minute read 4 comments SweptOverNiagara $0.43
For the past decade, silverbugs have steadfastly held on to their belief that silver would eventually climb to three digits and beyond. In all that time, silver experienced a few head fakes, including in the summer of 2020, when silver couldn't pass...
27 Dec 2021 2 minute read 0 comments SweptOverNiagara $0.02
Here's a nice little chart from Kitco. Silver bounced almost fifty cents about 8:30 am in a sharp move upward, almost hitting $23.10 USD, then falling back below $23 before suddenly jumping back up above $23 spot. I searched the internet for clues as...
18 Dec 2021 3 minute read 0 comments SweptOverNiagara $0.04
Silver and its yellow cousin gold took a beating a few weeks ago on Black Friday of which had the worst showing in 70 years. The bad news was quickly followed by the WHO's warning concerning the Omicron variant which caused panic right across the boa...
28 Nov 2021 3 minute read 2 comments SweptOverNiagara $0.24
This morning I surfed to an online precious metals dealer's website to see where we're at regarding retailer markups on one ounce gold and silver products and and found that it's now above $12 per ounce in Canadian dollars against the spot price. Mik...
