Market News

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        
The Hidden Risk of Money Market Funds

The Hidden Risk of Money Market Funds

If you are parking your sidelined cash in a money market fund, caveat emptor. That's Latin, of course, for let the buyer beware. Long thought to be a safe harbor in turbulent times, money market funds are showing their true stripes these days. Few investors read the fine print on their investment company's website or obscure SEC documents, so we are detailing current issues you need to understand here. Long gone are the days when ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 6, 2020

Gold Surges above $1,800 for First Time Since 2011 Gold traded above the $1,800 an ounce level last week for the first time since 2011. The summer gold rally is hot and getting hotter. As the economy continues to reopen, store clerks are reminding shoppers to put on their face masks. People are waiting for the next elevator. Hand sanitizer is available at almost every establishment you enter. Yet Texas, California and Florida continue to ... >> Read More        
Feeling Good About Stocks? Watch Out for Recency Bias

Feeling Good About Stocks? Watch Out for Recency Bias

It turns out, investors have short memories. If you have assets invested in the stock market, you might be feeling okay right about now. Indeed, the stock market has rebounded smartly off the March lows. The S&P 500 is still down on the year, but only a 3% decline – versus the stomach-wrenching 35% decline we lived through in March. Do you believe the worst of the Covid-19 inspired stock market declines are behind us? ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – June 29, 2020

How Long before We See Gold Hit $2,000? Did you wonder what would happen to the economy once the second wave of Covid-19 hits in the fall? It turns out the first wave still isn't over. In fact, it's getting worse. Covid-19 infections are spreading like wildfire in hot spot states. Last week, the U.S. recorded a new all-time daily high of Covid-19 cases – at 40,000 in one day. The U.S. now has 2.4 ... >> Read More        
What is the M2 Money Supply and What Does it Mean for Gold?

What is the M2 Money Supply and What Does it Mean for Gold?

We live in a historic period in which the US economy is experiencing a massive inflow of money. This tidal wave will have a meaningful impact on all investments, including gold. To understand why, one must first understand the M1 and M2 money supply. The M1 money supply is a measure of currency in an economy. This category includes physical currency, demand deposits, negotiable order of withdraw accounts, and travelers’ checks. These are forms of ... >> Read More        
Are the headlines confusing you, too?

Are the headlines confusing you, too?

No doubt, you've been both comforted and confused by the strong rebound in the stock market in recent weeks. You aren't alone. Speculators run the show these days.  And that only lasts so long before it falls apart.  The Speculative Day Trading Mania of 2020 We are seeing a stock market mania and a bubble – while we are in a recession! There is a reason for the massive disconnect in the stock market and ... >> Read More        
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