How Much Are NBA Championship Rings Worth? Exploring Value and Gold Content

How Much Are NBA Championship Rings Worth? Exploring Value and Gold Content

NBA championship rings are symbols of unparalleled achievement in professional basketball. Designed with exquisite craftsmanship, these rings often feature precious metals like gold. If you’ve ever wondered about the gold content of NBA championship rings and their worth, you’re not alone. For a deeper understanding of gold’s role in various industries, visit BullionStar’s Gold University.Image Credit: … Read more

What Are Pennies Made Of?

What Are Pennies Made Of?

Penny Production Costs in 2025: Current Trends Show Prices  Could Approach 3.5 Cents Per Penny! Have you ever thought about what pennies are made of?  At first glance, it may seem like a minor coin, almost negligible in value. However, the cost to produce each penny actually exceeds its face value, which has led to … Read more

Gold Remains Strong as Central Banks Sustain Upward Gold Buying Trend in 2024

Gold Remains Strong as Central Banks Sustain Upward Gold Buying Trend in 2024

“Gold continues to be one of the most important reserve assets globally, as evidenced by the significant purchases of gold by central banks in recent years.” – Hungarian central bank, September 2024 As we enter the final stretch of 2024 with the international gold price having made continual new highs during the last 8 months, … Read more

Could This Mega Deal Create Mining’s New Giant?

Could This Mega Deal Create Mining’s New Giant?

There’s a potentially major shakeup brewing in the mining industry… Mining giants Rio Tinto and Glencore are exploring a potential $160 billion merger that could reshape the global metals landscape. The deal would create a copper powerhouse to rival industry leader BHP, though significant hurdles still remain. READ MORE “2025 might be the last year … Read more

Rio Tinto, Glencore (GLEN LN) Discuss Potential Combination

Rio Tinto, Glencore (GLEN LN) Discuss Potential Combination

Rio Tinto Group and Glencore Plc have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took place as recently as late last year but are not currently active, according to people familiar with the matter, who asked not to be identified discussing … Read more

Donald Trump’s Tariff Threat Is Already Panicking the Junk Debt Market

Donald Trump’s Tariff Threat Is Already Panicking the Junk Debt Market

Donald Trump’s team may have been batting around the idea of a gradual ratcheting up of import tariffs on much of the world, but bankers who finance the companies in his firing line are in a frenzy nonetheless. As the president-elect’s inauguration looms next week, some European businesses in threatened industries have accelerated borrowing plans … Read more

Pro-Crypto Playbook by DJT Sparks Bitcoin Moves, State Reserves, and a Dazzling DC Gala

Pro-Crypto Playbook by DJT Sparks Bitcoin Moves, State Reserves, and a Dazzling DC Gala

The price of bitcoin continues to dance. It dropped to $90K this Monday before rallying back to $101K by Friday. Can we blame this week’s price volatility on global warming? Eight U.S. states are now in the running to establish a strategic bitcoin reserve. So far, Texas, Oklahoma, Florida, Ohio, Alabama, New Hampshire, Pennsylvania, and … Read more

Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era

Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era

By Pete Schroeder WASHINGTON (Reuters) – Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives. Among the industry’s goals are to lock in a much weaker version of the “Basel Endgame” … Read more

Iran, Russia Enter Into Trump Crosshairs for New Oil Sanctions

Iran, Russia Enter Into Trump Crosshairs for New Oil Sanctions

The oil revenues of Iran, Russia and Venezuela have come into the crosshairs of President-elect Donald Trump, who is preparing a wide-ranging sanctions package that could have dramatic effects on energy markets. While plans are still in the early stages, advisers say the measures are being formulated to blunt three diplomatic thorns that have stuck … Read more