Precious Metal & Rare Coin Market News

Silver, sometimes known as the poor cousin to gold, due to its lower price per ounce – flexes its muscles mightily for those who choose to invest in it. While silver is a precious, monetary metal that has served as currency for thousands of years, it is also widely used industrial metal powerhouse. In fact, industrial demand for silver – for use in manufacturing and electronics, accounts for roughly half of all demand for this ... >> Read More        

The Federal Reserve raised its key interest rate by half a percentage point on Wednesday - the biggest rate increase in 22 years - as the central bank battles against runaway inflation in the U.S. The Fed bumped up the Fed Funds rate by half a percentage point to 0.75% and 1% and also announced a reduction in its balance sheet by $95 billion. Gold climbed following the Fed's announcement this afternoon, trading at $1,899 ... >> Read More        

Diversification is the first rule investors learn. Spread your investment across a greater number of assets to avoid overexposure to risk in one area. The concept is simple and intuitive. It is also becoming more difficult to follow. Assets become more correlated as the economy becomes more globalized. This increasing globalization is more apparent than ever as sanctions against Russia take hold. In response, European countries are struggling to find energy alternatives. Simultaneously, countries are ... >> Read More        

If you are a successful entrepreneur, small business owner or a high net worth individual who has accumulated wealth through your innovation, hard work and smart investing, the government is coming for you. The Biden administration rolled out a major tax reform proposal last week called the "Billionaire Minimum Income Tax." This aggressive proposal would result in a huge tax hit on America's high-net worth households if enacted, and it's not just the billionaires who ... >> Read More        

In mid-March, the movie theater chain AMC announced their agreement to buy a stake in Hycroft Mining Holding Corp. AMC will spend $27.9 million for a 22% stake. The investment offers much-needed support for the mining operation which is struggling financially. Hycroft owns a mine in Northern Nevada and is aiming to raise cash by selling shares. Their goal is to generate $500 million. In recent months, AMC has seen a dramatic improvement in their ... >> Read More        

Prior to the 2008 Global Financial Crisis, the Federal Reserve board relied upon a little known but useful guideline that economists called "The Taylor Rule." We thought it was time to dust off the Taylor Rule, shine some light on what it says – and also discuss what's happened since the Fed abandoned its previously useful guideline. First, what is the Taylor Rule? Stanford University professor John Taylor introduced this formula in 1993 which prescribes ... >> Read More        

The precious metals sector is roaring higher in 2022 fueled by the Russian war in Ukraine, skyrocketing crude oil prices, a sinking stock market and inflation at 40-year highs. As investors turn to precious metals as a portfolio risk diversifier, store of value over the long-term and a hedge against crisis – you may wonder – what's the difference between investing in gold and silver? Before we highlight three differences, let's take a look at ... >> Read More        

The stakes have reached new heights. As Putin puts nuclear-deterrence forces on alert many are hoping the planned talks between Ukraine and Russia yield progress. In an effort to hamper Putin’s invasion, the U.S. and many European countries have imposed sanctions against Russia. Recent moves directed at Russia’s central bank will dramatically limit the country’s ability to participate in the global financial system. One key outcome of these measures is that the government will likely ... >> Read More        

Gold climbed above the $1,900 an ounce level on Monday, hitting a fresh 8-month high. Investors are chasing the gold market higher, yet analysts say it's not too late to get into this move. Investors have long turned to gold for protection against inflation, which has erupted to a whopping 40-year high. Yet, gold also acts as a safe-haven asset and offer stability, wealth preservation in times of geopolitical stress. As the Russian-Ukraine military tensions ... >> Read More        

Are you making your Super Bowl plans now? While the clock is running down until game time, market historians remind us that the winner of the Super Bowl could offer clues on how the stock market will perform in 2022. Really? New York Times sportswriter Leonard Koppett developed the Super Bowl Indicator back in 1978. While at first this was a cheeky little theory, it has surprisingly shown teeth over the past 44 years, with ... >> Read More