Safe Keeping Receipts (SKR) is one of the steps involved in West Africa Gold Export. An SKR is another bank instrument that is used as an alternative financing tool. These instruments can be issued from banks, bullion vaults, storage houses, or alternative financing facilities. Those that issue the SKR do not own them, so the asset […]
Ghana Gold Export of 5kg of Doré Bars to Switzerland CIF vs FOB When it comes to international trade, CIF (Cost, Insurance, and Freight) and FOB (Free On Board) are two common terms used to define the responsibilities of buyers and sellers in the transaction. CIF means that the seller is responsible for the cost of […]
How much Dore Gold does Ghana export? According to the World Gold Council’s report on gold production and exports, Ghana is the largest producer and exporter of gold in Africa. In 2020, Ghana produced 142 metric tonnes of gold and exported approximately 80% of it. However, the report does not provide specific information on the […]
Determining whether silver or gold is a better investment depends on various factors, including current market conditions, economic outlook, and individual investment goals. Historically, gold has been viewed as a safe-haven asset, particularly during times of economic uncertainty or inflationary pressures. It is widely traded and recognized globally as a store of value. Silver, on […]
Open AI; Can Gold Bullion be deposited in a bank? Yes, gold bullion can be deposited in a bank. Many banks offer safe deposit boxes or vaults where customers can store their precious metals, including gold bullion. This service is often used by individuals or businesses that want to protect their valuable assets from theft, […]
LOS ANGELES, Feb. 3, 2023 /PRNewswire/ — Orion Metal Exchange, the top-rated precious metal company according to Retirement Living and Consumer Affairs, has reported a record number of IRA Rollovers where investors are switching from traditional paper investments into gold, silver, and platinum as a hedge against geo-economic uncertainty. This can be attributed to a combination of […]
Authored by Alasdair Macleod via GoldMoney.com, The gap between fiat currency values and that of legal money, which is gold, has widened so that dollars retain only 2% of their pre-1970s value, and for sterling it is as little as 1%. Yet it is commonly averred that currency is money, and gold is irrelevant. As […]
Beverly Hills, California, Oct. 11, 2022 (GLOBE NEWSWIRE) — Buscar Company (OTC: CGLD) is putting up for sale its wholly owned subsidiary Gold Mining LLC for $3,500,000 that owns 30 unpatented claims consisting of 600 acres in Plumas County. The Plumas County claims were staked, recorded, and then moved into a wholly owned subsidiary to […]
AUSTIN, Texas, Sept. 28, 2022 /PRNewswire/ — Philip N. Diehl (35th Director of the U.S. Mint and President of U.S. Money Reserve) says “peak gold” may have already been reached or at the very least is fast approaching. Peak gold is the point at which the maximum rate of gold extraction is reached, after which mining will slowly decline […]
Patriot Gold Group no fees for life offer. “Wake me up when September ends” – Green Day LOS ANGELES, Aug. 25, 2022 /PRNewswire/ — September is fast approaching, and warnings of an aggressive rate hike are echoing the already worried, battered and beaten halls of Wall Street. According to BARRON’s and Wall Street the “S & P […]
The 10 Largest Gold Mines in the World, by Production Gold mining is a global business, with hundreds of mining companies digging for the precious metal in dozens of countries. But where exactly are the largest gold mines in the world? The above infographic uses data compiled from S&P Global Market Intelligence and company reports to map […]
Dignity Gold Takes Crucial Next Steps to Demonstrate Control and Financial Support For its DIGau Precious Metal and Mineral Security NEW YORK, NEW YORK, UNITED STATES, April 21, 2022 /EINPresswire.com/ — Dignity Gold (Dignity), the United States-based digital security company that is taking a regulation-forward approach to using verified gold reserves to back its DIGau […]