Precious Metal & Rare Coin Market News

Fed Hints Rate Hike Cycle Is Almost Over The Federal Reserve hiked interest rates by 0.25% on Wednesday in its ongoing battle to bring inflation down. The big change in today's Fed announcement was new forward guidance suggesting that they are near the end of the current Fed rate hiking cycle. Investors continued the recent rush into the safety of precious metals. Gold ticked higher after the Fed move, trading as high as $1,947 on ... >> Read More        

Gold is trading around $1,800 an ounce – virtually unchanged from year-ago levels – as gold served one of its ultimate functions in your portfolio: capital preservation. That compares to double-digit losses in the stock and bond market in 2023. While gold was one of the best-performing asset classes in 2022, what could the New Year bring? There are four major macroeconomic factors that will keep demand for gold high in 2023, according to Gold ... >> Read More        

The Federal Reserve hiked interest rates for the seventh time in 2022 on Wednesday, increasing its benchmark rate to 4.25-4.50%, a 15-year high. The Fed's rate increase of 0.5 percentage points was smaller than the last four rate increases. The gold market traded above the $1,800 level after the Fed news and the current environment for gold is positive. Over the past two months, gold has soared 10% higher, trading from a low at $1,638 in ... >> Read More        

Gold Offers Diversification that is Disappearing Diversification is what prevents catastrophic loss. The problem is that many investors are not as diversified as they think they are. In recent decades, assets have begun to exhibit similar movements which means that one of the most important strategies an investor has is beginning to falter. In fact, between the periods of 1990 to 2000 and 2006 to 2016 cross-asset correlation increased by 33%. This trend puts investors ... >> Read More        

It's human nature to want more. It's also human nature to not want to miss out. Students of financial markets history are well aware that, going back hundreds of years, market manias or bubbles, occur time and time again. What is a bubble? A bubble is an increase in asset prices based more on emotion than fundamentals. Bubbles form because of human psychology. But, it's important to point out that bubbles also form because of ... >> Read More        

Is the inflation crisis over? When the government reported the October consumer price index (CPI) rose by 7.7%, slightly less than expected – the Dow Jones Industrial Average soared 1000 points on the news. Despite the stock market's jubilant reaction, the inflation fight is far from over, according to a new research paper. Consider this. Before the October CPI reading, that inflation measure registered 8% or higher for seven consecutive months. The annual CPI hit ... >> Read More        

The price of silver jumped to a 4-month high this week fueled by massive investor demand for the metal. This investor demand for silver is now draining the London vaults of their silver holdings – which fell to a record low in October, according to the London Bullion Market Association (LBMA). In a year where Americans have faced shortages from items like baby formula to certain prescription drugs to gasoline, silver supplies are now running ... >> Read More        

Central bank digital currencies are gaining steam all around the globe. A total of 105 countries are currently exploring a CBDC, and 10 countries have already launched a digital currency, according to the Atlantic Council. If you are wondering what a Central Bank Digital Currency is and how it's different from cryptocurrency, like Bitcoin, you aren't alone. Here's a simple definition of a Central Bank Digital Currency: It is a government-regulated and a government sponsored ... >> Read More        

Inflation continues to batter American consumers left and right. And, despite the Federal Reserve's aggressive interest rate hikes this year, the inflation fire continues to run hot. Recently, the government reported that consumer prices rose 8.2% in September, versus year ago levels, hitting another 40-year high. For investors, this means more stock market volatility and also raises the stakes for the Fed going forward. Expect to see large rate hikes continue, which could lead to ... >> Read More        

Gold is just as natural as the water and sunlight we often associate with clean tech. Yet, few people think of gold when considering the future of green energy solutions. Perhaps this is because its role in these innovations is not well publicized. Here, we breakdown three ways in which gold will be crucial to achieving the clean technology revolution necessary to help slow global climate change. Electricity-Producing Fuel Cells Electricity-producing fuel cells have major ... >> Read More