Market News

Gold Delivers on Its Enduring Status as a Safe-Haven

Gold | June 27, 2022
Using a baseball analogy, 2022 threw Americans a lot of curve balls that no one was expecting. We’ve seen gasoline rocket above $6 a gallon, mortgage rates soar from 3% last year to 6% today and the stock market tumble over 20%. Everyday goods simply cost more with inflation at a 40-year high. The cryptocurrency…

Investors Relearn the Meaning of “Hedge”

Gold | June 23, 2022
Crypto was supposed to be a hedge against uncertainty, inflation, and bear markets. However, in 2022 alone, Bitcoin has lost more than half of it’s value. Does cryptocurrency have the staying power of an investment class? These losses are not restricted to Bitcoin. Solana, Etherium and Litecoin have all experienced massive drops year to date….

The Gold Dollar: An Early American Currency Workhorse

Market News | June 20, 2022
Throughout the history of civilization, gold has served as money – longer than any other material. In the early days of our union, the American government worked to create a gold dollar as a unit of currency. Indeed, as early as 1791, Secretary of the Treasury Alexander Hamilton first called for a one-dollar denomination gold…

Gold and Gold Bugs

Market News | June 16, 2022
In March 1933, the Federal Reserve Bank of New York could no longer honor its commitment to convert paper money to gold and FDR declared a banking holiday. FDR issued an Executive Order requiring all Americans to surrender all gold owned by them to a Federal Reserve bank and prohibited the private holdings of all…

The Modern Look of the Braided Half Cent

Market News | June 15, 2022
The Braided Hair Half Cent is one of the most collectable coins ever issued by the US Mint. The coin, first minted in 1793, was the smallest denomination ever minted and is part of a series consisting of five major types and subtypes which are each part of a series of varieties. This vast array…
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