Gold has seen significant price appreciation in the past year, rising to a record of over $2,067 per ounce in early August – an increase of 35.4% from its starting price in January 2020 – and ending 2020 at $1,887.60, up 23.6% for the full year. This increase was driven by (among other factors) the impact of Covid-19; central bank policies focused on near-zero interest rates; investors’ fears about a possible recession…
By Adam Trexler, President and Founder, Valaurum® The world’s central banks—the government bodies tasked with managing their countries’ monetary policies—have been on a gold-buying spree for the past decade. Today, the gold held in central banks’ reserves totals more than 30,000 tons. Even though deficit pressures caused by the Covid-19 pandemic required some central banks to sell modest amounts of gold in the third quarter of 2020, central banks have been net…
By Adam Trexler, President and Founder, Valaurum® Imagine a scenario where the US presidential election is too close to call, election officials and competing teams of lawyers must scrutinize ballots, and ultimately the outcome must be decided by the Supreme Court. In such a time of deep uncertainty, investors look for stability and bid up the price of gold. I’m not forecasting that this will transpire in 2020, but as we know,…
As I write this, gold futures have surged to their highest level on record – topping $1,900 an ounce. This is a record high, surpassing even the height of the 2008 financial crisis and its aftermath. There are many reasons why investors are clamoring for gold, starting with fears of a pandemic-driven recession, rising unemployment and social unrest. We’re also experiencing near-zero interest rates and equity market valuations that seem disconnected from economic reality. Then,…
Valaurum hereby announces its first legal tender currency, a $5, 1/100 ounce gold “note” issued by the Cook Islands. The Five Dollar Gold Note commemorates the marriage of Prince Harry and Meghan Markle on 19 May 2018. It is the first legal tender issue by a sovereign nation using Aurum® precious metal technology, and is a major milestone in Valaurum’s development. The Five Dollar Gold Note was issued by the Bank of the Cook Islands,…
Valaurum has been making significant breakthroughs in its printing technology. This new technology has now come together to allow Valaurum to offer two-sided printing. Adam Trexler, Valaurum’s President, explained, “When our representatives went to European precious metal marketing companies last year, their biggest request was two-sided printing. This was a tall order, due to our original methods of constructing the Aurum. Also, typical printer loss rates are 10-20%. Printing on gold at…
For years, Valaurum’s customers have asked for custom, one-off gold products including custom gold awards, business cards, and tickets. Until today, Valaurum’s optimized production process required at least 5000 pieces to make a profitable production run. In 2017, Valaurum made significant investments into its printing and assembling processes in an effort to improve and increase our sample production speed and efficiency. These investments incidentally led to a number of breakthroughs that made…