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New gold rush in El Salvador or mining ban to be restored?

New gold rush in El Salvador or mining ban to be restored?

In the recent years a lot has been written on El Salvador regards to its president, uncompromised fight against organized crime and Bitcoin related policies. On 6th of December 2024, its president – Nayib Bukele – made a speech on immense yet unmined gold and other metal reserves. What is it all about then, and are they really worthy 3 trl USD, as he said?

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When Warren Buffet made profit on silver

When Warren Buffet made profit on silver

This is a story of past silver purchase that cornered Comex participants. Between 1997 – 1998, Warren Buffett purchased 4.000 t. in weight of silver, which eventually had been sold by 2006. And as kind reader might expect, there is more behind a story than often is being considered as simple purchase-hold-sell transaction.

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LBMA accreditation - facts, not myths

LBMA accreditation - facts, not myths

Today we’ll try to answer some sectoral interesting questions: How can a mint/refinery get LBMA accreditation? What weight does it carry? What does it even mean? How is accreditation different from LBMA membership? Is it applicable into smaller products? And should mints/refiners without such are to be treated.... Different?

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