Market News

Will Elon Musk’s DOGE Get Rid of the Penny?

Investment | February 3, 2025
President Donald Trump signed an executive order on January 20, 2025 to establish DOGE: the Department of Government Efficiency, led by Elon Musk, with a goal to cut spending. A number of programs, from diversity, equity, and inclusion (DEI) to Daylight Saving Time to the venerable one-cent piece—yes, the penny—are on the potential chopping block….

Fed Hits Pause Button on Rate Cuts. Gold Starts January Strong

Investment | January 29, 2025
Just nine days after President Trump was sworn in as our nation’s new president, the Federal Reserve held interest rates steady at 4.25- 4.50%. Inflation remains above the Centrals bank’s target and there is widespread uncertainty on how the new administration’s policies will impact the economy and financial markets. This uncertainty likely played into the Fed’s…

Gold Shines as Stocks Plunge on Worries about Chinese AI Tool

Gold | January 27, 2025
Gold is shining—trading just below its record high—as the U.S. stock market tumbles amid concerns that a Chinese artificial intelligence company may provide cheaper and better technology than American tech firms. Stocks tumbled in overseas trading to start the week and at the New York open, Nvidia crashed nearly 13%, wiping out over $400 billion…

Blame it on the Night Shift: The 1955 Lincoln Double Die Penny

Market News | January 27, 2025
The 1955 Double Die Lincoln penny is easily the most famous double die coin in U.S. numismatic history. How did this dramatic error come about? Blame it on the night shift. In the fall of 1955, there was a severe shortage of pennies in America. So, the Philadelphia Mint took extreme measures and struck coins…

Peace Dollar Symbolizes America’s Hope for Lasting Peace After WWI

Market News | January 17, 2025
President Woodrow Wilson famously described World War I as the war to end all wars. After a bloody four-year conflict, from 1914-1918, in which over 8 million soldiers and sailors died, the Allied Forces and the Germans signed an armistice ending World War I on November 11, 1918. After the war ended, the American numismatic…
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