News

Footage of Gold toilet burglary

ByVictoria
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The footage played at their trial at Oxford Crown Court showed two vehicles driving across the Great Courtyard, before hooded individuals armed with sledgehammers and a large crowbar broke into the palace. One could be seen leaving carrying a golden toilet seat.

The fully functioning lavatory was insured for the sum of $6m (£4.8m), the court heard previously.

“They knew precisely where to go, broke down the wooden door to the cubicle where the toilet was fully plumbed in, removed it, leaving water pouring out of the pipes, and drove away,” prosecutor Julian Christopher KC said previously.

“Clearly such an audacious raid would not have been possible without lots of preparation”, he added,

Source – BBC

I will follow this till the end of the trial. I want to know what happened to the toilet! Maybe you do too. Clearly had to have been planned and to have done it so quickly, from the video evidence anyway. Let’s see what happens. -V.

Three men on trial over stolen GOLD toilet

ByVictoria
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The one-of-a-kind 18-carat gold toilet was swiped in under five minutes from Blenheim Palace, the sprawling English country mansion where British wartime leader Winston Churchill was born, in the predawn hours of September 14, 2019, a prosecutor told jurors Monday.

The toilet has never been recovered but is believed to have been cut up and sold.

All the defendants have pleaded not guilty.

Source – CNN

I thought this was interesting and thought I’d share. I’m not entirely surprised that something was stolen I am surprised that the burglars got away with the darn thing! I feel like this is actually kinda funny but hopefully justice will be served. – V.

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25th anniversary Sacagawea dollar

ByVictoria
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Proposed designs for a half-ounce .9999 fine gold Sacagawea dollar to be issued in 2025 by the United States Mint, to recognize the 25th anniversary of the 2000 release into circulation of the manganese-brass clad Sacagawea dollar, were reviewed and recommended Feb. 18 by the Citizens Coinage Advisory Committee.

The U.S. Mint is preparing to strike the coins with a W Mint mark at the West Point Mint.

Source – Coin World

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Precious Metals with highs and pressure

ByVictoria
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Gold

Gold remains stuck near the resistance at $2930 – $2940 as traders continue to take profits off the table near historic highs.

Silver

Silver declined below the $32.50 level as gold/silver ratio climbed above the 91 level.

Platinum

Platinum tests new lows as traders react to the strong sell-off in palladium markets, which are down by 3.4%.

Source – FXEMPIRE

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Gold prices higher, Silver prices lagging

ByVictoria
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Asian and European shares were mixed to weaker in trading overnight. U.S. stock indexes are set to open higher on corrective bounces following Friday’s big sell offs.

German stocks rose as investors cheered a win by German conservative leader Friedrich Merz in Sunday’s elections.

The Euro zone January consumer price index came in at up 2.5%, year-on-year, which was right in line with market expectations.

Source – KITCO News

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Gold and Silver in demand

ByVictoria
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“The uncertainty over US tariffs is pushing investors toward safe-haven assets like gold,” said Michael Hewson, Chief Market Analyst at CMC Markets.

The weaker US Dollar, coupled with uncertainties surrounding US trade policies, is supporting silver’s bullish momentum.

Gold (XAU/USD) is trading at $2,940.57, showing a modest gain of +0.07%.

Silver (XAG/USD) is trading at $32.68, slightly down by -0.03%.

Source – FXEMPIRE

US Treasury yields down

ByVictoria
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Investors are expecting a packed week of economic data starting with the Chicago Fed National Activity Index for January out on Monday at 8:30 a.m. ET. This will be followed by the Dallas Fed Manufacturing Index at 10:30 a.m.

The most anticipated data for the week will be the personal consumption expenditure index, which will be delivered on Friday at 8:30 a.m. ET. The Federal Reserve’s preferred inflation gauge heavily influences the Fed’s rate-cutting decisions.

Source – CNBC

Over the Weekend!

ByVictoria
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Texas proposes gold and silver-backed currencies to compete with fiat money

“Under the proposed law, the Texas Comptroller would issue gold and silver specie (coins) through the Texas Bullion Depository and also establish gold and silver transactional currency defined as ‘the representation of gold and silver specie and bullion held in the pooled depository account,’” wrote Mike Maharrey, Communications Director at the Tenth Amendment Center. “The Depository would be required to hold enough gold and silver to back 100 percent of the issued currency.”

If approved, the bills would enable “Holders of gold and silver specie and currency to use them as ‘legal tender in payment of debt,’ in the state of Texas,” he noted. “The gold and silver-backed currency would be electronically transferable to another person. Gold and silver-backed currency would be redeemable in specie or at the spot price of gold in U.S. dollars minus applicable fees.”

Source – KITCO News

Northeast Numismatics has special Lexington-Concord commemorative

Northeast Numismatics of Concord, Massachusetts, is the lone supplier of the special 2025-dated commemorative coin altered for this occasion. “We realized we were coming up on the 250th anniversary a few years ago and got the idea to do something special,” said Northeast owner Tom Caldwell.

Source – Coin World

First Amendment Final Coin

The five-year (2021-25) First Amendment to the United States Constitution coin series concludes this month with the release of the final issue.

The $100 platinum proof coins are priced at $1,545, and mintage is limited to 9,000. To order, visit the U.S. Mint’s website.

Source – The Reading Room