Precious Metal & Rare Coin Market News

Why “Tail Risk” Should Be in Your Investment Vocabulary

Why “Tail Risk” Should Be in Your Investment Vocabulary

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        
David Beahm Blanchard CEO

Monday Morning Wrap Up – April 27, 2020

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        
David Beahm Blanchard CEO

Monday Morning Wrap Up: April 13, 2020

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        
David Beahm Blanchard CEO

Monday Morning Wrap Up – April 6, 2020

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        
David Beahm Blanchard CEO

Monday Morning Wrap Up

A message from David Beahm President and CEO Coronavirus Tidal Wave Still Gaining Strength Like a massive tidal wave, the coronavirus continues to splash and hit every aspect of our lives. The tsunami that is COVID-19 is still gaining strength out in the ocean. This wave has not yet fully hit the shores of America yet. Yes, we are seeing early impact waves which have now touched all 50 U.S. states. Yet, we still have ... >> Read More        
Every Action Has a Consequence

Every Action Has a Consequence

Unprecedented times lead to extraordinary measures. The COVID-19 pandemic continues to wreak havoc upon the U.S. economy, the stock market and even the integrity of the financial system itself as lending freezes up. The Fed is attacking this crisis in full force. While the Fed's actions may be necessary, they will have consequences. Let us explain. The Federal Reserve stepped in on Monday with new quantitative easing (QE) measures, like those seen during the 2008-2009 ... >> Read More        
Nearly all Financial Analysts Today Agree On One Thing

Zero Hour: Three Reasons to Consider Gold During a Federal Reserve Rate Cut

On Sunday the Federal Reserve cut the benchmark interest rate by one percentage point. The result is a near zero rate representing a new economic reality characterized by diminished confidence and near-term fears. This move is just one of several actions designed to buoy financial support and confidence as global health concerns rise. Less than two weeks ago the Federal Reserve cut rates by half of one percent. Additionally, there are no reserve requirements for ... >> Read More        
Can Fed's big-gun response work?

Can Fed’s big-gun response work?

We woke up to a Monday like no other. Daily life around the world is grinding to a halt as the virus crisis spreads. The Federal Reserve stepped in on Sunday with a dramatic, all-out attack on the growing economic and health crisis spurred by COVID-19. In the second emergency rate cut this month, the Fed slashed interest rates to 0% - 0.25%, the lowest level since the 2008 global financial crisis. In recent days, ... >> Read More        
Strategizing Investments as The Global Economy Enters a Pandemic

Strategizing Investments as The Global Economy Enters a Pandemic

As of this article there have been 121,061 confirmed cases of the coronavirus worldwide resulting in 4,368 deaths. Recently, the World Health Organization declared the coronavirus a pandemic. As a result, businesses have begun to feel the effects. Supply chains have been disrupted, consumers are distracted, and equity markets are in steep decline. Since the start of the year the S&P 500 has plummeted more than 15%. In the opening remarks of the March 11th ... >> Read More        
Is the Fed Panicking?

Is the Fed Panicking?

The Fed can't stop the spread of COVID-19. But, it's doing what it can. In a shocking and aggressive move designed to boost consumer and business confidence, the Federal Reserve slashed interest rates by 50 basis points Tuesday morning, acknowledging economic risks from the fast-spreading coronavirus. This is the first emergency interest rate cut since the 2008 Global Financial Crisis and only the ninth emergency cut in history. Never before has the Fed responded to ... >> Read More