Precious Metal & Rare Coin Market News

As the saying goes, nothing is certain in life except death and taxes. While no one likes to think about their own mortality, developing your estate plan is a loving way to care for your family even after you are gone. If you don't develop your estate plan, state law will decide for you and the results may be very different than you intended. As you develop your estate plan, there are many benefits to ... >> Read More        

Gold isn't the only precious metal on a tear lately. Silver surged 19% from its March low into its mid-May high at $28.57 an ounce. What's behind the big move in silver? Concerns over inflation, a declining U.S. dollar and rising industrial demand as the global economy rebounds are sending silver prices higher. In fact, the booming investment demand for physical silver is causing supply disruptions at the U.S. Mint. Here's what the U.S. Mint ... >> Read More        

Inflation sped up in April. The stock market is rattled. Gold is climbing. Investors are turning to gold as a hedge against the ever-rising inflation risk. Buyers drove gold to its highest level since early February this week. Gold now trades above $1,880 an ounce. Consumer prices jumped 4.2% last month. That marks the fastest pace since 2008. The recipe for classic inflation exists: too many dollars chasing too few goods. People have money to ... >> Read More        

It is common for investors to ask, “what is the right amount” when considering how to portion their investible cash across numerous assets. This question is especially common among gold investors because there has been an ongoing debate about what percentage of the total should be held in gold to generate the strongest possible return. The problem with this question is that it ignores the possibility that there can, in fact, be several “optimal” allocations ... >> Read More        

The U.S. dollar is under fire from multiple fronts – and that increases the importance of investing in tangible assets like gold bullion more than ever before. The U.S. dollar is being devalued at home – by our own government that is printing new money and expanding the money supply at a historic pace. And, it is under threat on the world stage. It's no secret for years China and Russia have been making moves ... >> Read More        

Gold climbed to a seven-week high this week – boosted by weakness in the stock market, signs that inflation is emerging in the U.S. and amid strong demand from India and China for physical bullion. The short-term trend turned positive for gold last week as the yellow metal climbed above its 50-day moving average – a bullish investing signal that confirms the end of the recent pullback in gold prices. Short-term gold target Looking higher, ... >> Read More        

For two years running now, the IRS gifted taxpayers with extra time to file their income tax returns. You now have until May 17, 2021 to compile your financial documents, complete your tax return and make contributions to 2020 IRA accounts. This extra time offers you a valuable opportunity to review your portfolio and diversification strategy. You probably are familiar with (and most likely already have) a traditional IRA account. This is a useful strategy ... >> Read More        

The pandemic appears to be in its third, and final act. It is true that the disease will still be in our lives for some time to come. We will face variants, and the possibility of ongoing annual vaccinations. However, the darkest days of contagion are likely behind us. What remains is an economy on the rebound. Many economists are anticipating a strong, and prosperous second half to 2021. As recently as mid-March the Federal ... >> Read More        

Frenzy. Hysteria. Mania. These are some of the words being used to describe the exponential surge in the collectibles market during the COVID-19 pandemic. Just this month alone, a football trading card featuring Tom Brady sold for a record $1.3 million. And, Christie's set a record for digital artwork – a breathtaking $69.3 million after bids began at $100. Online auctions for vintage cars, watches and even limited-edition Nike gym shoes and Pokémon climbed to ... >> Read More        

Americans have accelerated the accumulating of liquid cash more than ever. The M2 money supply, sometimes called the “M2 money stock” is at its highest point in recorded history. Moreover, the figure has risen at a near vertical ascent since the start of 2020. As the Wall Street Journal reports, the M2 “has increased by an astonishing $4 trillion. That’s a one-year increase of 26%—the largest annual percentage increase since 1943.” The M2 money supply ... >> Read More