Precious Metal & Rare Coin Market News

People Find Millions of Gold in Attic, Backyard

People Find Millions of Gold in Attic, Backyard

Market News, Research |
Do you know what's in your attic or under your floorboards? If you live in an older house, it's worth checking. After the bank runs and failures during the Great Depression ended, many Americans maintained a deep distrust of banks. Instead of depositing their savings into a bank, they hid it at home. Common hiding places for gold coins: Above false closet ceilings Beyond loose bricks around fireplaces Underneath carpet Inside chair and couch cushions ... >> Read More        
The Strange Tale of The Borneo Gold Hoax

The Strange Tale of The Borneo Gold Hoax

Gold, Market News, Research |
Can a man turn his gold wedding ring into a company with a $6 billion valuation? History tells us the answer is yes. This is the story of a Borneo gold mine and a man with a dream that became a nightmare. It’s the story of Michael de Guzman. Canadian geologist John Felderho gained recognition after helping to discover a substantial gold and copper mine in Papua New Guinea. It was a once-in-a-career find. Then, suddenly, ... >> Read More        
5 Surprising Facts about the Gold Standard

5 Surprising Facts about the Gold Standard

Gold, Market News, Research |
The history surrounding gold is centuries old. Gold coins were first struck on the order of King Croesus of Lydia, an area that is part of Turkey today. Gold coins were used long before paper money was ever introduced as a medium of exchange. By the late 19th century, many currencies around the globe were attached to gold, or fixed at a set price per ounce. That is known as the Gold Standard. Let's take ... >> Read More        
Y2K: When Americans Stockpiled Gold

Y2K: When Americans Stockpiled Gold

Market News, Research |
The latest Gold Rush wasn't in the 1800s in California, but just a mere two decades ago. In the months leading up to January 1, 2000, anxiety and fear was spreading among even the most educated and wealthy in the world. Everyday Americans were stock piling canned goods, water bottles. Others were making escape plans, where would they go if their major urban city erupted into chaos and looting. What was the culprit driving these ... >> Read More        
Storms, Treasure Hunts, and the Panic of 1857

Storms, Treasure Hunts, and the Panic of 1857

Gold, Market News, Rare Coins, Research |
In 1857, the S.S. Central America left the Panamanian port of Colón, sailing for New York City. It never arrived. The crew braced for a category two hurricane off the coast of the Carolinas. Winds exceeded 100 MPH. In the dark of the night, the ship sank killing 425 people. A few survivors remained afloat in lifeboats and were rescued. Onboard were 15 tons of Federal gold totaling nearly $300M in today’s value. The lost ... >> Read More        
4 Questions for Coin Collectors

4 Questions for Coin Collectors

Market News, Rare Coins, Research |
Part of the fun of coin investing is the rich history that comes along with each unique coin. Who touched that coin? What was that coin used to purchase in 1909? Why are certain markings on different coins? If you have been amassing your coin portfolio for some time, you may already know the answers to these questions. Just for fun, let's test your coin IQ here. Dive in! Let us know your favorite fact ... >> Read More        
The Blanchard Economic Update - April 2017

The Blanchard Economic Update – April 2017

Market News, Research |
The "animal spirits" are alive and well in the U.S. economy in early 2017. Economist John Maynard Keynes pointed to so-called animal spirits to describe how emotion and instinct guide human decisions, which can drive (or contract) overall economic activity. Despite the political turmoil in Washington, the U.S. economy continues to chug along in its eighth year of expansion. The U.S. economy is projected to grow at 2.3% pace in 2017, according to S&P Global ... >> Read More        
Lessons Learned From the Great Depression and the 2008 Financial Crisis

Lessons Learned From the Great Depression and the 2008 Financial Crisis

Market News, Research |
It may be a foreign thought that at one point American's weren't allowed to own gold. But, as recently as 1973, the American government banned individual gold ownership. Here is the story of how that unfolded. It was a time of panic and fear. In 1933, the Great Depression had triggered a severe banking crisis. A growing number of banks were failing. A significant number of institutions shut their doors, leading to a reduction in ... >> Read More        
The Blanchard Economic Report - 5 Questions about Fed Policy and Gold

The Blanchard Economic Report – 5 Questions about Fed Policy and Gold

Market News, Research |
What do the rate you pay for your car loan, your credit card interest rate and mortgage loan all have in common? They are all based on the Federal Reserve's benchmark interest rate. While many investors don't pay much attention to what goes on behind closed doors at the central bank, its policies affect markets and your pocketbook. The Fed, currently led by Chair Janet Yellen, continues to show an extremely accommodative monetary policy stance ... >> Read More        
Gold Outperforms Stocks in Inauguration Years

Gold Outperforms Stocks in Inauguration Years

Market News, Research |
With a new president of the United States and his fresh appointees having just stepped into office on Friday, exactly what the next 4 years hold in store for global markets it a bit of a toss-up.  Famous billionaire investor George Soros holds rather gloomy and pessimistic views about a Trump presidency: “I don’t think the markets are going to do very well,” said Soros. “Right now they’re still celebrating. But when reality comes, it ... >> Read More