Market News

David Beahm Blanchard CEO

Monday Morning Wrap Up – August 10, 2020

Ask an Expert, Gold, Investment, Research |
That didn't take long. As the historic precious metals rally in 2020 continues, gold hit a major milestone last week at the $2,000 per ounce level – and kept on going! Spot gold traded as high as $2,059.90 last week as the coronavirus pandemic created the perfect playbook for gold and silver to perform strongly. Global central banks and governments continue to flood the economy with stimulus and cash which has lifted demand for tangible ... >> Read More        
Could Covid Kill the Penny?

Could Covid Kill the Penny?

Research |
See a penny pick it up –and all day you'll have good luck! Remember that old rhyme? It could become a relic – along with the penny if some cost cutters get their way. The Covid-19 pandemic has created a nationwide coin shortage. Shoppers are relying on debit and credit cards to avoid touching cash, which can carry germs, but that's left parts of the nation short on spare change. Here's what the Federal Reserve ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – August 3, 2020

Featured, Gold, Investment, Research |
Last week was one for the history books. After nine-years, gold surged to a new all-time record high – trading up to $1,977.50 as the Covid pandemic rages on, the economic data crumbles and the U.S. dollar crashes lower. The GDP report was a bitter pill to swallow – even though we knew it was coming. The 2Q GDP report revealed that U.S. economic growth plunged 32.9% in the second quarter. That marks the largest ... >> Read More        
Goldman Sachs Warns Dollar Could Lose Reserve Status

Goldman Sachs Warns Dollar Could Lose Reserve Status

Featured, Gold, Investment, Research |
The U.S. Stands at a Dangerous Tipping Point. As gold spiked to a new all-time record high this week at $1,960 an ounce, Wall Street investment bank Goldman Sachs warned the U.S. was at risk of losing the dollar reserve currency status. Soaring U.S. government debt, rising political uncertainty and social unrest dominate our times. Meanwhile, our government policies have cheapened the value of our money. The U.S. dollar’s century-long reign over the world economy ... >> Read More        
Has the Psychological Impact of COVID Altered Investor Behavior?

Has the Psychological Impact of COVID Altered Investor Behavior?

Gold, Investment, Research |
We live in confusing times. The outlook for a COVID vaccine has never been more promising. Yet, the number of new cases in the US has never been more dire. This dichotomy has people reeling because they are rightfully frightened while guardedly optimistic. Consider the tone Pfizer CEO Albert Bourla struck earlier this month when he remarked on the company’s progress towards a vaccine stating, “until now I was thinking if we have a vaccine ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 27, 2020

Falling dollar helps gold shoot above $1,900 an ounce. The U.S. dollar fell five days in a row last week. While paper money fell in value, gold and silver leapt sharply higher last week – fueled by a new Cold War with the U.S. and China, expectations for another trillion dollar government stimulus bill (paid for by newly printed dollars) and interest rates stuck at zero. The historic 2020 bull market in precious metals is ... >> Read More        
What Could Gold Do In the Second Half of 2020?

What Could Gold Do In the Second Half of 2020?

Gold, Investment |
Uncertainty has long been the default outlook of investors. The present, however, represents both uncertainty and volatility not commonly seen in the markets. COVID-19 cases continue to climb, geopolitical events develop on an hourly basis, and markets are wavering. These factors, which are likely to remain in flux over the next six months, have investors confused. In times like these, it is often useful to examine the most influential characteristics of the present to understand ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 20, 2020

Silver Climbs 68% since Mid-March Low Precious metals are on a tear this summer. Silver soared as high as $19.44 last week, and continues to climb today, cementing a 68% gain off the mid-March low. The rotation toward silver is evident in the precious metals arena, as silver has now outpaced recent gains in the S&P 500 and even gold. Investors are piling into silver as an alternative to Treasury bonds and even gold. Industrial ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 13, 2020

Gold: One of 2020's Top Performing Asset Classes All eyes are on the gold market. Gold closed higher for the fifth week in a row, cementing its spot as one of 2020's best performing asset classes. Gold is up 17% this year and closed above the $1,800 an ounce level last week. Silver wasn't going to be left behind – and it also closed higher last week above the $19 an ounce level. The trend ... >> Read More        
Market Insights from Behind-the-Scenes at a National Retailer

Market Insights from Behind-the-Scenes at a National Retailer

By Mark Ferguson Mark Ferguson is the editor and publisher of CAC Market Values. He has graded coins professionally for PCGS and served as the principal market analyst while managing updates for more than 65,000 price points for Coin World magazine. In other words, Mark knows his coins! Demand for investment-grade rare coins has surged since the coronavirus pandemic and economic crisis began six months ago; and this demand has been strong for CAC coins.  ... >> Read More