Precious metals are being flushed down the toilet. Literally. Estimates show that every year more than $26.3 million worth of precious metals are being sent through the sewers. Most of these precious metals are in […]
Gold
Russian Bank Caught Using Fake Gold To Boost Its Balance Sheet
In a world first, Russia’s Admiralty Bank has been found to be passing off fake gold – gold-plated metal – designed to fool bank regulators into believing it was real gold. The effort was designed […]
Diver’s Find Hidden Spanish Treasure Off The Coast Of Florida
Hidden treasure really does exist, at least last month, off the coast of Florida, where a group of divers found 350 Spanish gold coins worth about $4.5 million in water only four feet deep. The […]
World’s Insatiable Demand For Gold Is Causing Catastrophic Rainforest Loss
A flurry of gold mining has caused rapid deforestation of tropical rain forests in South America, raising concerns about the environmental impacts and sustainability of mining the world’s most popular metal. A study published in […]
Gold Hits Five Year Lows As Investors Scramble To Avoid More Losses
Investors are reeling from losses and the opportunity costs forsaken after a shocking decline in the price of gold. The yellow metal has hit consistent lows five years running and is at its lowest price […]