Executive Summary A class action lawsuit alleges that many of the world’s largest banks conspired to drive down the price of gold. Everyone who sold gold between January 1, 2004 and June 30, 2013 may be part of the class and entitled to a pay out or may lose their rights to sue. Information on… Read More »
Tag: gold refiner
HAS YOUR PRECIOUS METAL REFINERY BEEN SUED IN THE REPUBLIC BANKRUPTCY?
EXECUTIVE SUMMARY Pease & Curren has no involvement in the Republic Metals Corporation bankruptcy, but is providing ongoing commentary as a service to the industries we work with. Although Pease & Curren is uninvolved, numerous other precious metal refineries (or companies that call themselves “refineries”) have been sued as part of the bankruptcy of gold… Read More »
Social Disorder and Why You Need a Regular Plan to Scrap
The headlines are horrible: COVID-19 is having a “second” wave. Actually, did the first one ever end? The killing of George Floyd has led to widespread protests and even looting. So many people are out of work, and government stimulus funding is running out. The government is looking at reducing the extra unemployment benefits that… Read More »
How Long Will Gold Stay Above $1600 per Ounce?: A Gold Refiner’s Perspective
Gold Refiners Can Understand the Market but Not Predict It The price of gold just hit a seven-year high, and businesses that buy or use gold have a vested interest in knowing where this trend is heading next. No gold refiner — or anyone else — can predict the precise movements of any commodity market.… Read More »
