Precious Metal & Rare Coin Market News

The coronation of King Charles III on May 6, 2023 was a seminal event in world history. The British monarchy had not crowned a new monarch since Queen Elizabeth II ascended to the throne in 1953. Many British subjects had lived their entire lives during the reign of Queen Elizabeth II, until she passed in September of 2022. The coronation took place at Westminster Abbey in London, as was typical of these important celebrations. It ... >> Read More        

Back in 1992, the U.S. was mired in a recession. Bill Clinton was mounting a presidential campaign to take the White House. And, incumbent president George HW Bush was seen as out of touch with the needs of everyday Americans. A Clinton advisor became famous for the phrase: "It's the economy, stupid." Indeed, the Clinton campaign highlighted the failing economy at every turn and won the White House, perhaps in part due to that strategy ... >> Read More        

The price of gold climbed to a new all-time record high in March. Voracious buying from Chinese citizens and expectations for Federal Reserve interest rate cuts in the back half of the year helped fuel the latest run-up in gold. Also, investors around the globe continue to pile into safe-haven assets like precious metals to protect themselves in a world increasingly filled with military turmoil, economic instability and political uncertainty. Gold extends its record run ... >> Read More        

Fed Sees Three Rate Cuts in 2024 The Federal Reserve kept its key interest rate unchanged at Wednesday's meeting, but signaled that three rate cuts are still expected in 2024. That leaves the Fed’s benchmark rate at a 23-year high of 5.25% to 5.5% for the fifth meeting in a row. Deciphering the Fed's "dot plot." The Fed released its latest rate cut projections, a chart known as the "dot plot." Officials kept their forecasts ... >> Read More        

One of the most important questions for any investor is how much risk are you comfortable with? In investing, risk can be defined as: The permanent loss of your money or Not having money when you need it. Both outcomes are undesirable to say the least. Stocks are considered one of the most risky asset classes. Stocks tend to be more volatile than bonds and can deliver a higher expected return. But in exchange, stock ... >> Read More        

Gold at $3,000 an ounce? From current levels, that would mark a nearly 50% increase in price. While it's not their base case, the global banking giant—Citi—highlighted economic scenarios which would support a massive increase in the price of gold to $3,000 in 2025. So what could push price gold to $3,000? Aggressive central bank purchases, stagflation, and a global recession are all triggers that could drive the price of the yellow metal to $3,000 ... >> Read More        

When you are traveling on a road trip with kids, a question you often hear is: "Are we there yet?" For Americans tired of the high prices they see every day from food at the grocery store to personal care products, pet food and haircuts, many are asking: "Is inflation over yet?" The latest Consumer Price Index report shows what you probably already know – inflation is stubborn and still sticking around. Yep, kind of ... >> Read More        

The pursuit of rare coins often involves a combination of exploration and networking. Coin shows, reputable dealers, auctions, and numismatic events can be excellent channels for acquiring unique, valuable pieces. While these avenues are fruitful, rare coins can also be serendipitously found closer to home, namely, within the confines of your family's history! This article will explore what rare coins to look for in your forebears' collections, discussing: The elements that make a coin rare ... >> Read More        

Key Points Many big financial companies were deemed "too big to fail" during the 2008 financial crisis. This led to $700 billion in government bank bailouts at taxpayer expense. The 2010 Dodd-Frank Act created the framework for bank bail-ins. In a bail-in, a bank can take money from their depositors and bondholders to raise capital requirements and keep the bank afloat. Bank failures – both big and small – are more common that you think ... >> Read More        

When you hear a rumbling noise coming from your engine, you may pull your car over to the side of the road and take a look under the hood. In that same, way, economists and investors monitor many different reports, in order to get a handle on the health of the U.S. economy. One of those reports is the Conference Board's Leading Economic Index® (LEI). And look out! That report is making a loud rumbling ... >> Read More