Precious Metal & Rare Coin Market News

Looking back, 2023 may well be remembered for the recession that never happened. But, looking forward into 2024, what is the economic forecast for the coming year and what could it mean for gold? Many hope that 2024 will be the year of the "soft landing" for the U.S. economy. Just like Goldilocks and her porridge a soft landing would mean the Federal Reserve handles inflation and interest rates "just right"—and the economy emerges not ... >> Read More        

Despite persistent forecasts for a U.S. recession, 2023 may well be remembered as the year a recession never happened. Yet, the jury is still out on whether or not the Federal Reserve can engineer a so-called "soft landing" in 2024 – or bring down inflation to the central bank's 2% target without triggering a recession. Throughout it all in 2023, gold served investors well as a safe-haven and a hedge against inflation as we saw ... >> Read More        

The Fed Starts Talking About Rate Cuts Breaking news. The Federal Reserve started talking about interest rate cuts for the first time today during this monetary policy cycle. At the conclusion of the Fed's two-day meeting Wednesday, the central bank held interest rates steady as expected at 5.25%-5.50%. This marked the third consecutive Fed meeting where the central bank stood pat, suggesting the interest rate cycle may have peaked. Gold surged after the meeting, which ... >> Read More        

In past decades gold has experienced positive and statistically significant gold price changes in September and November. This finding was first popularized by economics and finance professor Dirk Baur. He called it the “Autumn Effect.” His research examined daily gold returns (spot and futures) over a 30-year period from January 1981 until December 2010. The data showed that September generated an average return of 2.2% and that November generated an average return of 1.8%. In ... >> Read More        

Many investors use gold as a way to limit portfolio losses during down markets. This approach, however, begs one question: What portion of the holdings should be gold in order to provide protection without sacrificing a return? Researchers at the Lancaster University Management School decided to find out. The researchers examined annual real returns for hypothetical portfolios consisting of equities, bonds, and gold. Their analysis was designed to allow all three investments to compete “head-to-head ... >> Read More        

Almost half of Vanguard 401(k) investors—over the age of 55 who manage their own money— hold over 70% of their portfolios in stocks. That's up from 38% in 2011. At Fidelity Investments, nearly 40% of investors between the ages of 65-69 invest about 67% of their portfolios in the stock market. Are older investors becoming too aggressive? Many experts say yes. By any measurement owning 70% or more of your portfolio in stocks for folks ... >> Read More        

In 2022, central banks purchased a staggering amount of $70 billion in gold, the most since 1950, as governments around the globe clamored to add more precious metals to their coffers. This year, the gold buying hasn't let up. The world's global central banks—led by the People's Bank of China—were back in the market to buy gold in June, adding a total of 55 tonnes of the precious metal to their vaults. Overall, in the ... >> Read More        

Can gold be more than a safe haven and actually beat the S&P 500 over the long term? One researcher believes the answer is yes. In a paper from the Lead-Lag Report, researcher Michael Gayed, CFA tested a theory. He wanted to know if the performance of gold relative to lumber could give an investor insight into the future of the market. His idea was simple: When lumber futures outperform gold, investors can take a ... >> Read More        

The year's half-way over. Now is the perfect time to review your financial situation and your portfolio and make adjustments as needed – to ensure you are on track to meet your financial goals. Ready to get started? Step 1: Evaluate your risk exposure. Markets are changing, economic conditions are evolving and your financial goals may have even shifted from the last time you reviewed your portfolio. Take some time to consider how much "risk" ... >> Read More        

The Federal Reserve’s ten rate hikes since March of 2022 have helped ease inflation in the US, but we’re not there yet. At a CPI of 4% year-over-year and core inflation that’s even higher, we’re still not at the 2% target. This might not seem like a problem. After all, if ten rate hikes got us this far down from our peak of 9.1% in June of 2022, then a few more hikes should get ... >> Read More