Hi,
If you’ve spent any time exploring the world of precious metals, you’ve probably come across the term “legal tender,” especially when looking at coins issued by national governments. But what does it actually mean, and how does it relate to precious metals like gold and silver? Let’s break it down and see how it fits…
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Category: Toronto Gold Bullion
Gold on Pace for Unprecedented Year
If you were to go up to a random person on the street in whichever city you are currently reading this in and asked them how well gold was performing as an asset this year, we would venture to guess that very few people would have any idea of the answer. Which is not unsurprising…
King Charles Effigy on new coins from the Royal Canadian Mint
The Royal Canadian Mint recently announced some very exciting news! Here in Canada we can expect to see the effigy of King Charles circulated on all Canadian coins across the country. This is the first time in 70 Years that Canadians will be seeing a new monarch on their coins. The Royal Canadian Mint revealed…
Canadian Citizens Buried in Credit Card Debt
It has been no hidden secret that over the past couple years since rapid inflation begun in Canada that citizens have been struggling to keep afloat. It did not help matters that as soon as we saw record inflation, we also saw a record pace of interest rate hikes by the Bank of Canada that…
Oil Price Surge Puts Major Pressure on Inflation
Ever since central banks began hiking rates at a record pace to combat record inflation caused by the 2020 lockdowns, all we have heard is how inflation is now under control and that the head of these central banks (mainly the Federal Reserve and Jerome Powell) are confident that inflation will return to manageable levels. …
