gold News

Insurers Chartering Flights to Ship Gold to Ease Supply Logjam

Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association said on Thursday. Gold is usually moved …

Cult Economist Jailed for Hiding Rare Coins Says They’re His Now

The 58 rare coins at the center of two federal lawsuits are exceptionally valuable. Now a bankrupt company’s receiver wants them. And an antique dealer wants them. And so does Martin Armstrong, a self-taught economist with a cult following who …

California Gold Fever Sweeps the Criminal Underworld

Gus Rodriguez looks more like a soldier than a jewelry store security guard, with a Beretta handgun strapped to his bulletproof vest, shades wrapped around his shaved head and pepper spray bulging from a breast pocket. “I am not afraid,” …

Robbers Steal Gold in Holdup on Romanian Highway

Police say robbers disguised as police officers stopped a car on a Romanian highway and forced the occupants to hand over almost 23 kilograms (51 pounds) of gold at gunpoint. Police spokesman Danut Dinu said three masked men forced a …