Precious Metal & Rare Coin Market News

Can gold be more than a safe haven and actually beat the S&P 500 over the long term? One researcher believes the answer is yes. In a paper from the Lead-Lag Report, researcher Michael Gayed, CFA tested a theory. He wanted to know if the performance of gold relative to lumber could give an investor insight into the future of the market. His idea was simple: When lumber futures outperform gold, investors can take a ... >> Read More        

The year's half-way over. Now is the perfect time to review your financial situation and your portfolio and make adjustments as needed – to ensure you are on track to meet your financial goals. Ready to get started? Step 1: Evaluate your risk exposure. Markets are changing, economic conditions are evolving and your financial goals may have even shifted from the last time you reviewed your portfolio. Take some time to consider how much "risk" ... >> Read More        

The Federal Reserve’s ten rate hikes since March of 2022 have helped ease inflation in the US, but we’re not there yet. At a CPI of 4% year-over-year and core inflation that’s even higher, we’re still not at the 2% target. This might not seem like a problem. After all, if ten rate hikes got us this far down from our peak of 9.1% in June of 2022, then a few more hikes should get ... >> Read More        

Kind of like the uncle who keeps sticking around long after dinner has ended, inflation is proving hard to say goodbye to. Ten interest rate hikes later, the Federal Reserve still hasn't stuffed the inflation genie back into the bottle – as the central bank battles with the highest levels of inflation in the United States since the early 1980s. New data reveals that despite the most aggressive interest rate hike campaign in history – ... >> Read More        

Retirement accounts face greater risks today. That risk is inflation. Rising inflation has moderated a bit in recent months. Yet it is still well above the 10-year historical average of about 1.88%. The problem is that many retirement accounts were set up, funded, and invested at a time when inflation was low. That time has passed, but few retirement accounts have caught up to the current environment. As a result, the allocations within many of ... >> Read More        

An event that has a small probability of occurring is sometimes called a tail event. The “tail” is the sloping far left and right sides of a normal distribution curve. These are the areas that sit outside the main bulge of the curve. If the tail represents uncommon outcomes, why do they matter? They matter because when they do happen, they often present dramatic outcomes. In his 2007 best-seller, The Black Swan: The Impact of ... >> Read More        

Fed Hikes Interest Rates for Tenth Time Investors turned to the safety of gold and silver after the Federal Reserve hiked interest rates for the tenth time in its battle against America's public enemy number one: inflation.On Wednesday, the Fed increased its benchmark interest rate by 0.25% to 5.0-5.25%, a 10-year high. Gold and silver both traded significantly higher after the Fed meeting.Are Rate Hikes Over?In a hint of what lies ahead, central bankers removed ... >> Read More        

From bank failures to rising interest rates and still high inflation, investors around the globe are rushing into precious metals for safety, portfolio diversification, and as an asset to grow their wealth. Gold is up 10% since the start of 2023 and recently raced above the $2,000 an ounce level. Silver is up 4% and looking ahead Wall Street remains positive on precious metals. Citigroup has a bullish forecast for gold climbing to the $2,300 ... >> Read More        

Gold soared through the $2,000 level yesterday fueled by steady investor buying following weaker-than-expected economic reports and a big jump in crude oil prices. The early April OPEC announcement of a planned crude oil production cut triggered a 6% jump in oil prices to $80 per barrel. And, higher crude oil prices can boost the already high levels of inflation in the economy. Investors turned to the safety of gold in recent weeks amid bank ... >> Read More        

Gold prices have been rising. Since the end of the third quarter of 2022, gold is up about 18% and reached a 12-month high in the last week. Many investors think it will rise even further. How do we know this? We know because the 5-day rolling trading volume of call options on the SPDR Gold Trust has risen more than five-fold in recent weeks. In fact, these inflows into bullish call options on gold ... >> Read More