bullion :

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bullion

bool yuhn

  • n  a mass of precious metal
  • n  gold or silver in bars or ingots

  • But traditionally, bullion buyers fall into three categories: THE HOARDERS, who come mostly from France and the Middle East, where faith in paper currency is low.
  • Beginning this week, Americans can buy, hold and trade gold bullion for the first time since Franklin Roosevelt banned private ownership of the yellow metal 41 years ago.
  • Downfall of a bullion dealer For a while at least, William Alderdice, 39, and his brother James, 26, seemed to have the Midas touch.
News & Articles

Quotes

  • Nick Sherry in guardian.co.uk
    What we have seen for the past decade, under laws we have inherited from the former government, is the retirement gold watch replaced by a truckload of gold bullion,said Nick Sherry, Australia's corporate governance minister.
  • Lawrence Cannon in NEWS.com.au
    Transport Minister Lawrence Cannon, who is also responsible for the Mint, said the coin "takes Canada's reputation in the gold bullion industry to an unprecedented level".
  • St Ambrose in The Market Oracle
    If there is any theme to the bullion rush, it is fear that the global currency system is unravelling,says Ambrose Evans-Pritchard in The Daily Telegraph. "Or, put another way, gold itself is reclaiming its historic role as the ultimate...

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