Market News

Why the Spectre of Bad Money is Pushing Gold Higher

Why the Spectre of Bad Money is Pushing Gold Higher

Gold is up higher than 12% year-to-date. In fact, gold is up 35% since the fourth quarter of 2015. In recent weeks, analysts at Morgan Stanley, Goldman Sachs Group, and CitiGroup have all upgraded their forecast for gold. Moreover, Ray Dalio, founder of the world’s largest hedge fund, made headlines in the past few days when he forecasted that the investments that “will most likely do best will be those that do well when the ... >> Read More        
George Washington Copper Medallion

The Coins Honoring Our Founding Father

“Before there was a nation, before there was a symbol of this young nation — a flag, a constitution, a national seal — there was Washington. Even when in the course of revolutionary events a flag did appear and a Constitution, they did not have a long tradition behind them. But Washington was there, steadying the symbols, lending strength to them instead of drawing from them.” -Garry Wills After a long, hard-fought Revolutionary war, the ... >> Read More        
Oregon Trail Coin Set

A Man, A Plan, A Coin: The Oregon Trail Commemorative Coin

Market News, Rare Coins |
For many, the Oregon Trail evokes thoughts of untouched terrain, the untamed wild, and new beginnings. The reality was much different. Many lost their lives traveling the 2,170 miles spanning the distance of Kansas, Nebraska, Wyoming, Idaho, and Oregon. It is estimated that 20,000 people lie in unmarked graves. The journey was long, and the stakes were high. No one knew this better than Ezra Meeker. As a young man, Meeker traveled the Oregon trail ... >> Read More        
1878 $3 Gold

This is a strange coin

It seems rather conventional at first glance, but then you look at it: is that Lady Liberty wearing a Native American headdress? This coin is as unique as its design. First, it’s an unusual denomination: $3. Second, the reason it was made is more than a little odd. In 1851, the postage rate of a local prepaid letter was lowered from five cents to three cents. At the same time, a three-cent silver piece was ... >> Read More        
What Are Gold “Macro Factors” And Why Do They Matter?

What Are Gold “Macro Factors” And Why Do They Matter?

Year-to-date gold has risen approximately 11% and much of this performance traces back to macro factors. Macro-economic factors are characteristics of the economy that have widespread impact. Put simply, macro factors are the big numbers that we all care about like unemployment, inflation, and national income. Recently, three specific macro factors have driven the value of gold. They are: The Value of the Dollar When the value of the dollar drops the price of gold ... >> Read More        
Judy Shelton: A Gold Bug May Get a Seat at the Fed's Table

Judy Shelton: A Gold Bug May Get a Seat at the Fed’s Table

"We make America great again by making America’s money great again," – Judy Shelton, President Trump's nominee to be a Federal Reserve governor. The quiet movement to return to the gold standard is getting louder. Six states passed laws recognizing gold and silver as currency since 2011. The Republican Party called for a commission to explore the viability of a return to the gold standard in both its 2012 and 2016 campaign platforms. The gold ... >> Read More        
Draped Bust Eagle 1797

This Coin Features a Mistake

Look at the coin below. Do you see the mistake? This 1797 $10 Draped Bust Large Eagle was a bit of a controversy at the time. It’s in the olive branches and arrows that the eagle clutches in his talons. You’ll notice that the olive branches are in his left (sinister) claw and the arrows in his right (dexter) claw. “Dexter” signifies more honorable and “sinister” less honorable, so the heraldic meaning is essentially that ... >> Read More        
1907 $10 Indian Head

Evolving Our National Identity with the 1907 $10 Indian Head

Market News, Rare Coins |
It was 1904 and the United States of America was finding its 20th century identity. President Roosevelt felt that part of this emerging identity must acknowledge native Americans. It was then that he realized that the Liberty Head gold coin series had remained unchanged for more than 25 years. That length of time was important because it meant that he could alter the design without an act of Congress. It was then that he had ... >> Read More        
This Is a Major Buy Signal in Gold

This Is a Major Buy Signal in Gold

You've heard the saying that a picture is worth 1000 words? Investors and traders use "pictures" of market action to project where that market is going next. Right now, the picture in gold is explosively bullish. Gold is breaking out of a major basing pattern on the monthly gold chart that suggests an epic rally phase is starting. A gold chart is simply a "picture" of historical price action. There are traders and investors who ... >> Read More        
When Opportunity Knocks, Will You Listen?

When Opportunity Knocks, Will You Listen?

The gold/silver ratio hit 90 last week. That is over a 10-year high in the ratio. This market signal is a rare occurrence. But, what does it actually mean? It means silver is extremely undervalued relative to gold. Silver is cheap. It's a bargain right now. Savvy investors use the gold/silver ratio for a timing signal for entry points for both gold and silver purchases. The gold/silver ratio is a simple calculation – divide the ... >> Read More