Market News

Gold and the Looming Retirement Crisis

Gold and the Looming Retirement Crisis

Gold, Investment, Market News |
Author Zora Neale Hurston once wrote, “Ships at a distance have every man’s wish on board. For some they come in with the tide. For others they sail forever on the horizon, never out of sight, never landing.” This sentiment touches on the economic reality of most American’s today. Wages have stagnated for more than three decades. Moreover, data from the Brookings Institute shows that 44% of Americans of working age (18-64) generate a median ... >> Read More        
The Growing Importance of Gold in the World Financial System

The Growing Importance of Gold in the World Financial System

Gold, Investment, Market News |
Since ancient times, gold has been an important medium of exchange, store of value and wealth building asset. In today's modern world, it is gaining even more importance. Central banks around the globe continue to gobble up physical gold bullion for their vaults. Recently, the Dutch central bank publicly stated that they see gold as the key to rebuilding after a financial system collapse. How much gold have central banks been buying? Though the end ... >> Read More        
What is Diversification 2.0?

What is Diversification 2.0?

Gold, Investment, Market News |
Diversification is the first rule for any long-term investor. The idea is simple: spread your money across several investments. If one fails, the others will be there to pick up the slack. Diversification makes sense in any market. It is the time-tested strategy that is as fundamental to investing as gravity is to the world of physics. However, something seems to be changing. Diversification is disappearing, but why? In a global economy more assets are ... >> Read More        
The Most Valuable Shipwreck Find in History

The Most Valuable Shipwreck Find in History

Market News, Rare Coins |
The Nuestra Señora de Atocha was one of the most valuable shipwrecks in history. The Spanish galleon was owned by King Philip IV before sinking into the ocean in 1622 during a hurricane. It carried an armament of 20 heavy guns. The cargo was so vast that it took two months to load the gold, silver, copper, tobacco, and gems being transported. As a result, the sinking meant an enormous loss of wealth. Even worse ... >> Read More        
Gold as an Investment in 2020

Gold as an Investment in 2020

Gold, Investment, Market News |
Investors are starting to think about the start of a new decade. They have reason to question the future. Consider a recent move by Bridgewater Associates, the world’s largest hedge fund. The company has placed a $1 billion bet that markets around the world will decline by March of 2020. The bet comes at a time of unprecedented prosperity in the S&P 500 which reached 23 highs so far this year. Many, like the leadership ... >> Read More        
A New Century, New Coinage: The 1830 Capped Bust Half Dollar

A New Century, New Coinage: The 1830 Capped Bust Half Dollar

Market News, Rare Coins |
1807: It was a new century, and it was time for a new coinage. Who better to design our fledgling nation’s new coins than an immigrant to America? John Reich was born in Bavaria and learned engraving from his father, who taught him how to make medals. After Reich moved to the U.S., his work caught the attention of Thomas Jefferson, who recommended him for the position of assistant engraver at the U.S. Mint. Robert ... >> Read More        
Three Factors Influencing Gold Now

Why Rational Investors Are Buying Gold

Gold, Investment, Market News |
Gold is up nearly 20% this year as investors pile into the precious metal for safety amid geopolitical uncertainty and trade war woes. Rational investors are buying gold for good reason. Many stock investors may be tripping over a psychological investing pitfall known as the Endowment Effect. This is a proven cognitive bias in which investors overvalue the worth of stocks that they own, and thus hang onto equity positions perhaps longer than they should ... >> Read More        
Gold as an Investment in 2020

Gold as an Investment in 2020

Gold, Investment, Market News |
Investors are starting to think about the start of a new decade. They have reason to question the future. Consider a recent move by Bridgewater Associates, the world’s largest hedge fund. The company has placed a $1 billion bet that markets around the world will decline by March of 2020. The bet comes at a time of unprecedented prosperity in the S&P 500 which reached 23 highs so far this year. Many, like the leadership ... >> Read More        
The GVXX Index and What it Means in a “Mad” World

The GVXX Index and What it Means in a “Mad” World

Gold, Investment, Market News |
Investment analysts often discuss volatility. They examine the frequency of fluctuations in asset prices to determine how fickle the market is at any given time. To measure this fickleness, analysts use the VIX Volatility Index, also known as the “Fear Index”. The analogous to this for gold is the GVXX. The GVXX gives investors a sense of the distance between the peaks and valleys of gold prices across a period of trading. Recently, this index ... >> Read More        
Gold Demand Climbs 3% in Third Quarter

Gold Demand Climbs 3% in Third Quarter

Gold, Investment, Market News |
Gold demand continues to climb as overall global purchases rose 3% in the third quarter, the World Gold Council reported. Global central banks still show an insatiable appetite for physical gold and have already bought 547.5 tonnes (t) in 2019, which is 12% more than last year's record level. A massive surge of investment-related gold purchases for exchange traded funds (ETFs) was the main factor driving gold demand higher last quarter, as funds bought 257t ... >> Read More