Precious Metal & Rare Coin Market News

The days are getting longer. The sun is shining brighter. Flowers are blooming. Garden centers are reopening in many part of the country so people can begin their spring planting: seeds, tomato plants, annuals and more. Spring is a time of new beginnings. We as a country are still mired in a great deal of uncertainty, yet there is so much to be hopeful about. In the midst of the economic distress, tragic health issues ... >> Read More        

America is Resilient As we move into the second month of the COVID-19 pandemic, it's worth pausing to remember how our country overcame past crises. Remember the historical events that shook our country like the Spanish flu, the Great Depression, Pearl Harbor, 1970's oil embargo, 9/11, the 2008 financial crisis and more. America is resilient. We as a nation worked through previous crises and this too shall pass.  While the details and cause of the ... >> Read More        

A message from David Beahm President and CEO Opening Up Over half of America is beginning a week with looser coronavirus restrictions. While some states remain under shelter-in-place orders, other states are reopening for business. Gyms, malls and hair salons are beginning to reopen in a scattering of states amid warnings from public health officials that the moves could cost lives. Will there be a cost to opening up? What about a second wave of ... >> Read More        

A tail risk is the probability of a rare event occurring.  The tail is the left and right portion of a normal distribution curve which resembles a bell and therefore carries the name “bell curve.” Author and investor Nassim Taleb explored the concept of tail risk in his 2007 best-seller The Black Swan: The Impact of the Highly Improbable. In the book Taleb tries to draw the reader’s attention to the idea that too often ... >> Read More        

A message from David Beahm President and CEO Gold $3,000 It was another wild week in the economy and the markets. As we wait for the coronavirus to peak, the economic toll from the shut-down continues to mount. Never say never. We saw oil prices go negative last week. The price of West Texas Intermediate (WTI) crude oil closed below zero on April 20. That's right, oil sellers couldn't give barrels of oil away for ... >> Read More        

A message from David Beahm President and CEO Over the past several years of rising stock prices and economic growth, "market risk" was an abstract concept. The coronavirus, that seemingly emerged out of nowhere in the past few months, changed all that. Risk is no longer an abstract concept for any American today. With face masks now the new normal, so many things about daily life are different. While this may be hard to hear, ... >> Read More        

A message from David Beahm President and CEO Crisis Reshapes the Future Black Swan. Nassim Taleb, a professor of risk engineering at New York University, popularized the term: Black Swan. It is defined as a highly improbable event with major consequences. Think back just a few months ago. At the beginning of 2020, the stock market was hitting new all-time highs, the unemployment rate was at a 50-year low, the economy continued to grow in ... >> Read More        

This is part two of our special report on the long silver bear market. You can read part one of this comprehensive article here. Why Should You Act Now? CPM has an impressive track record with recommendations. They don't come often and when they do they are extremely profitable. CPM’s previous intermediate-term investor recommendation on silver was on 2 May 2011, when silver touched $48.19 and CPM advised selling. The theoretical return from following CPM’s ... >> Read More        

Investors big and small, domestic and foreign, piled heartily into gold since the start of the COVID-19 bear market in stocks. Gold is one of the best performing assets classes in the first quarter 2020, yet silver remains depressed. Many investors wonder why. The short answer is that 1) silver reacts more to commodity cycles than gold due to its large industrial demand and 2) investment demand for silver weakened since the 2011 price high ... >> Read More        

A message from David Beahm President and CEO Gold Shines: Shelter in the Storm Nearly 90% of Americans are now under some sort of lockdown as the coronavirus pandemic halted daily life as we know it. Businesses are closing left and right as the number of COVID-19 cases are exploding in New York City and other parts of the country as well. Job layoffs are skyrocketing at a faster pace than any time in U.S ... >> Read More