The Staggering Levels of Real “Inflation-Adjusted” Gold and Silver Prices

In economics, a real value refers to any value that has been adjusted for inflation. A nominal value is a value that has not been adjusted for inflation. Inflation here refers to the general increase in price levels.

Many will be familiar with inflation adjustments that are applied to GDP, wages, interest rates, security returns, and of course consumer prices and asset prices. The resulting data is usually referred to as “real (inflation-adjusted)” data.

Lire la suite

2020: Stellar year for bullion coin sales by the major national Mints

The year 2020 was a very strong one for bullion coins sales by the major national mints, with the US Mint, Perth Mint and Royal Canadian Mint (RCM) all seeing phenomenally strong sales across both gold bullion coins and silver bullion coins.

Gold sales more than doubled at the Perth Mint and Royal Canadian Mint, while increasing by a massive 500% at the US Mint.

Lire la suite