Precious Metal & Rare Coin Market News

A message from David Beahm President and CEO Opening Up Over half of America is beginning a week with looser coronavirus restrictions. While some states remain under shelter-in-place orders, other states are reopening for business. Gyms, malls and hair salons are beginning to reopen in a scattering of states amid warnings from public health officials that the moves could cost lives. Will there be a cost to opening up? What about a second wave of ... >> Read More        

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        

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        

Blanchard and Company's recent analysis of the United Kingdoms June 23 Brexit referendum piqued the interest of senior MarketWatch columnist Chuck Jaffe, who invited Blanchard CEO David Beahm to appear on his MoneyLife podcast. Jaffe apparently was intrigued by Blanchard's comparison of the Brexit crisis to the Lehman Bros. collapse of 2008and the potential for this major stressor on the European Union to light a fire under gold prices. The Lehman crisis definitely brings back ... >> Read More