Category Archives: Finance/Market

California Teacher Sole Heir of $7.4M Gold Coin Fortune

19
Dec
2012
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Walter Samaszko Jr. was a loner whose death went largely unnoticed. That all changed when a crew sent to clean out his house found a fortune stashed away in the garage of his modest ranch-style home. There were ammunition boxes … Continue reading  

Congress Looks at Doing Away with the $1 Bill

30
Nov
2012
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American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what’s best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar … Continue reading  

Ancient Thracian Gold Hoard Discovered in Bulgaria

9
Nov
2012
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Bulgarian archaeologists unearthed ancient golden artifacts, including bracelets with snake heads, a tiara with animal motifs and a horse head piece during excavation works at a Thracian tomb in northern Bulgaria, they said on Thursday. The new golden artifacts are … Continue reading  

Man Allegedly Robbed of $2.6 Million of Gold at his Apartment Building

25
Oct
2012
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George Villegas was leaving his Coral Gables, Florida apartment building with two rolling suitcases containing 110 pounds of gold, worth more than $2 million, on a Friday morning this month when he says three men waiting outside stopped him. According … Continue reading  

$7 Million in Gold Found in Dead Man’s Home

19
Sep
2012
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A dead Carson City, Nev., man makes a good case for the phrase “you can’t take it with you.” Walter Samaszko Jr. passed away with only $200 in his bank account, but when officials inspected his 1,200 foot home, they … Continue reading  

Exhibition Explores New York’s Rise to Become Center of Global Banking and Finance

20
Aug
2012
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Capital of Capital: New York City Banks and the Creation of a Global Economy, an exhibition on view at the Museum of the City of New York, charts the rise of the city’s banks from early sources of credit for … Continue reading  

$3 Million In Gold Nuggets Stolen From Yreka Courthouse

2
Feb
2012
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Thieves in Yreka, Calif., made off with $3 million in gold nuggets Wednesday after breaking into the Siskiyou County Courthouse and smashing a glass case that contained a display on the area’s mining history, officials said. The collection in the … Continue reading  

Gold Prices Shining Again, Back On The Rise

27
Oct
2011
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Gold seems to be regaining its luster. The precious metal has rallied more than $100 in less than a week as investors turn to the precious metal as a safe haven amid concerns about Europe and signs of slow global … Continue reading  

Russian’s Central Bank To Offer Gold-Backed Loans At 7 Pct

30
Aug
2011
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Russia’s central bank will offer gold-backed loans for up to 90 days at an interest rate of 7 percent, it said in a statement on Friday, expanding its lending facilities for dealing with any future liquidity crunch in the banking … Continue reading  

Dismissing The Debt: Ron Paul’s Proposition

25
Aug
2011
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Photo by Gage Skidmore From Congressmen to ratings agencies many have scoffed at the recent debt-ceiling agreement the House approved. The plan does not require actual cuts in spending, but rather focuses on purported spending levels in years to come. … Continue reading