Market News

Has the Psychological Impact of COVID Altered Investor Behavior?

Has the Psychological Impact of COVID Altered Investor Behavior?

Gold, Investment, Research |
We live in confusing times. The outlook for a COVID vaccine has never been more promising. Yet, the number of new cases in the US has never been more dire. This dichotomy has people reeling because they are rightfully frightened while guardedly optimistic. Consider the tone Pfizer CEO Albert Bourla struck earlier this month when he remarked on the company’s progress towards a vaccine stating, “until now I was thinking if we have a vaccine ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 27, 2020

Falling dollar helps gold shoot above $1,900 an ounce. The U.S. dollar fell five days in a row last week. While paper money fell in value, gold and silver leapt sharply higher last week – fueled by a new Cold War with the U.S. and China, expectations for another trillion dollar government stimulus bill (paid for by newly printed dollars) and interest rates stuck at zero. The historic 2020 bull market in precious metals is ... >> Read More        
What Could Gold Do In the Second Half of 2020?

What Could Gold Do In the Second Half of 2020?

Gold, Investment |
Uncertainty has long been the default outlook of investors. The present, however, represents both uncertainty and volatility not commonly seen in the markets. COVID-19 cases continue to climb, geopolitical events develop on an hourly basis, and markets are wavering. These factors, which are likely to remain in flux over the next six months, have investors confused. In times like these, it is often useful to examine the most influential characteristics of the present to understand ... >> Read More        
Stella's Lofty Purpose (And Scandal)

Stella’s Lofty Purpose (And Scandal)

If you've ever traveled abroad, you understand the hassle that comes with changing currencies. In 1877, John Kasson, wanted to change that. Kasson, a congressman from Iowa, was appointed as the Envoy Extraordinary and Minister Plenipotentiary to the Austro-Hungarian Empire. In his foreign travels, Kasson lamented the difficulty in exchanging U.S. currency abroad. The $4 gold Stella coin was his proposed solution. Who knew then, a coin with such lofty international commerce goals would fall ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 20, 2020

Silver Climbs 68% since Mid-March Low Precious metals are on a tear this summer. Silver soared as high as $19.44 last week, and continues to climb today, cementing a 68% gain off the mid-March low. The rotation toward silver is evident in the precious metals arena, as silver has now outpaced recent gains in the S&P 500 and even gold. Investors are piling into silver as an alternative to Treasury bonds and even gold. Industrial ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 13, 2020

Gold: One of 2020's Top Performing Asset Classes All eyes are on the gold market. Gold closed higher for the fifth week in a row, cementing its spot as one of 2020's best performing asset classes. Gold is up 17% this year and closed above the $1,800 an ounce level last week. Silver wasn't going to be left behind – and it also closed higher last week above the $19 an ounce level. The trend ... >> Read More        
Market Insights from Behind-the-Scenes at a National Retailer

Market Insights from Behind-the-Scenes at a National Retailer

By Mark Ferguson Mark Ferguson is the editor and publisher of CAC Market Values. He has graded coins professionally for PCGS and served as the principal market analyst while managing updates for more than 65,000 price points for Coin World magazine. In other words, Mark knows his coins! Demand for investment-grade rare coins has surged since the coronavirus pandemic and economic crisis began six months ago; and this demand has been strong for CAC coins.  ... >> Read More        
The Hidden Risk of Money Market Funds

The Hidden Risk of Money Market Funds

If you are parking your sidelined cash in a money market fund, caveat emptor. That's Latin, of course, for let the buyer beware. Long thought to be a safe harbor in turbulent times, money market funds are showing their true stripes these days. Few investors read the fine print on their investment company's website or obscure SEC documents, so we are detailing current issues you need to understand here. Long gone are the days when ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – July 6, 2020

Gold Surges above $1,800 for First Time Since 2011 Gold traded above the $1,800 an ounce level last week for the first time since 2011. The summer gold rally is hot and getting hotter. As the economy continues to reopen, store clerks are reminding shoppers to put on their face masks. People are waiting for the next elevator. Hand sanitizer is available at almost every establishment you enter. Yet Texas, California and Florida continue to ... >> Read More        
Feeling Good About Stocks? Watch Out for Recency Bias

Feeling Good About Stocks? Watch Out for Recency Bias

It turns out, investors have short memories. If you have assets invested in the stock market, you might be feeling okay right about now. Indeed, the stock market has rebounded smartly off the March lows. The S&P 500 is still down on the year, but only a 3% decline – versus the stomach-wrenching 35% decline we lived through in March. Do you believe the worst of the Covid-19 inspired stock market declines are behind us? ... >> Read More