Precious Metal & Rare Coin Market News

Oil prices have a meaningful influence on gold prices. Understanding why means first examining how dollar-denominated assets work. A dollar-denominated asset is any asset priced in US dollars. Gold is an example of a dollar-denominated asset as well as oil. This means that a rise in the value of the dollar is likely to drive down the price of those assets. The rise and fall of gold and oil prices often occurs in tandem because ... >> Read More        

As an investor, there was nowhere to hide in 2022. Except in gold. The carnage in the investing world was evident everywhere in 2022, with double digit losses in top-rated government and corporate bonds, to the major stock indexes, and to cryptocurrency and tech stock darlings. Gold: One of the Best Performing Asset Classes in 2022 As inflation ravaged the value of cash, precious metals investors held their value in gold throughout 2022 – proving ... >> 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        

Consumer inflation rose 7.1%, down from a summer peak of around 9% this year, according to the November consumer price index report. Yet, once you dig into the data, the cost of many things you buy are still rising – like groceries, dining out, recreation services and haircuts and other personal care services. In 2022, inflation is not just an American problem – it's a global problem. Heading into 2023, it's unlikely this stubborn rising ... >> 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        

A new Quarter Eagle gold coin, worth $2.50 in face value was issued in 1908 – known as the Indian Head. This is the first coin to feature a real Native American. Earlier coins that featured Native Americans were stylized portraits and did not represent real people. Also notable to collectors, the Indian Head gold pieces that survive today remain the only U.S. circulating gold coins with a recessed design – or one that is ... >> 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        

When a man like Russell Napier speaks, people listen. And they should. In the summer of 2020, he forecast the inflation of today long before anyone saw it. There were many who didn’t agree with his assessment. After all, we had not seen any meaningful inflation in about 40 years. For nearly 30 years Professor Russell Napier has advised global institutional investors on their asset allocation strategies. He is also the author of Anatomy of ... >> Read More        

You may not have noticed, but gold has been up 10% since early November. Indeed, gold jumped again this week scaling the $1,800 mark to hit a new three-and-a-half-month high. Comments from Federal Reserve Chairman Jerome Powell suggesting the central bank will pull back the pace of its interest rate hikes boosted gold and depressed the dollar. Let's take a look at the state of the U.S. economy and what it means for gold. Recession ... >> 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