Precious Metal & Rare Coin Market News

David Beahm Blanchard CEO

Monday Morning Wrap Up – June 22, 2020

Fed to the Rescue. Again. You may have heard the saying, "Don't Fight the Fed." Last week, the Fed once again turned fear into greed and boosted stocks with an unexpected announcement that it will start buying individual corporate bonds. Whatever it takes. Yes, indeed. No matter the future cost, the Fed valiantly continues to support the bubble in risky assets, known as the stock market. No matter how far the stock market valuations differ ... >> Read More        
The Controversy Over the VDB Lincoln Cent

The Controversy Over the VDB Lincoln Cent

Market News, Rare Coins |
Throughout history only a few men rose to such prominence to be instantly recognized by their initials. Oh, there's a few of course. Like FDR, JFK and LBJ. Within the numismatic world, expert collectors instantly recognize the initials VDB. Who is VDB? Victor David Brenner. If you haven't heard the story, pour yourself a cup of tea and settle in for a treat. Born Viktoras Barnauskas on June 12, 1871 in Shavli, Lithuania, Brenner immigrated ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – June 15, 2020

A wake-up call hit Wall Street last week. The Dow plunged over 1,800 points in one day, or 6.9%, chalking up the worst day since March. Rightly so, many have questioned the stock market's near vertical rally in recent weeks, while the pandemic rages on and many businesses are a skeleton of their former selves. Last Thursday, the excessive optimism collided with reality and stocks plunged. Signs that coronavirus cases are surging in some states ... >> Read More        
Judy Shelton: A Gold Bug May Get a Seat at the Fed's Table

Quantitative Easing Expands To Emerging Market Nations

It turns out money printing isn't just for rich nations any more. Emerging market countries like Chile, Costa Rica, Croatia, Hungary, Indonesia, Poland, Romania, the Philippines, South Africa and Turkey are taking a page from the developed nation's monetary policy playbook this year. In an effort to combat the economic slowdown foisted onto the world by Covid-19, emerging market central banks are playing copycat to the United States by buying bonds of various kinds in ... >> Read More        
What is Happening to the Gold Supply Chain?

What is Happening to the Gold Supply Chain?

Gold prices are often cited as a simple example of how supply and demand works. However, beneath this basic dynamic is something far more complex: the gold supply chain. Supply involves more than just mining yields. It also involves intricacies like recycling operations, transportation, and refinery activity. In the months following the COVID-19 outbreak, all three of these components have experienced significant shocks. Consider gold recycling, which commonly represents approximately 25% to 30% of the ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – June 8, 2020

Big surprise! The U.S. unemployment rate fell last month as more workers returned to work as the economy began to reopen! No doubt, the jobless rate remains exceedingly high historically. We are still in the double digits. In May, the jobless rate stood at 13.3%, down from 14.7% in April. 6 Key Takeaways as We Head into June The worst of the job losses may be behind us. Yet, it could take years for the ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – June 1, 2020

Welcome to summer. As the Great Lockdown ends and states continue to loosen Covid-19 restrictions, Americans are venturing out to shop, socialize, get their hair cut and eat at outdoor restaurants, tables spaced six feet apart. The U.S. economy is slowing returning to work. While the reopening is encouraging for the economy, there remain many challenges for customer-facing businesses. This is likely to be a long process as social distancing measures remain in place limiting ... >> Read More        
3 Trends That Underpin Silver in 2019

The Warren Buffett Silver Trade

Known as the "Oracle of Omaha," many believe Warren Buffett, Chairman of Berkshire Hathaway Group, to be the greatest investor of all time. What many investors may not know about Warren Buffett is his big silver buying spree 20 years ago. From 1997 until 2006, Berkshire Hathaway bought over 37% of the world’s silver supply. A keen value investor, Buffett saw silver's collapse from $50 an ounce to under $10 an ounce as a buying ... >> Read More        
The Uncertain Path to the Barber Quarter

The Uncertain Path to the Barber Quarter

Charles E. Barber, the sixth Chief Engraver of the United States Mint, set out to design a set of coinage consisting of a new dime, quarter and half dollar. While the coins would ultimately carry his name (“Barber coins”) he decided to invite artists to submit designs for the new pieces. Artists were asked to submit models in low relief for judging. Barber’s guidelines were more stringent than those of previous competitions. He required that ... >> Read More        
Find Your Territory

Find Your Territory

At the end of Mark Twain’s, The Adventures of Huckleberry Finn, the main character tells the reader that he is going to “light out for the territories.” That is, he is going to head out to the great frontier. In this new chapter of history, investors should consider how they will reach the frontier…the efficient frontier. The efficient frontier is a concept that is part of modern portfolio theory, or MPT. The idea behind modern ... >> Read More