Silver passed $30

Economist and precious metal traders have predicted its coming in the past weeks but never before in the history of precious metal trading did Silver performed at such phase that even bullish investors never anticipated its very early coming.Local precious metal buyers and dealers are not even aware that precious metals have elevated to such level in a single day.Before Silver reached $30, buyers were hesitant to stock precious metals due to last week volatile performance where Silver peaked at $29 before it dove to $26 level giving risk takers a definite advantage. Local numismatic organizations held auctions these past weeks and there so many...

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Oil & Gas In A Special Coin

The Malampaya Commemorative CoinThe Malampaya Gas production rig located near Palawan is the of the country’s pride in energy independence. Brought by the surging cost in oil importation, refining, and distribution, several exploration attempts in the early 80’s and late 70’s confirmed that the nation has a potential source of natural gas and oil.A study undertaken by University of the Philippines Professor Dante B. Canlas, the former chief of the National Economic and Development Authority (NEDA). Using natural gas royalties would cut power costs which may stimulate economic growth since it will make local industries more competitive.The Electric...

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