Precious Metal & Rare Coin Market News

Volatility came roaring back to the market this year. The S&P 500 has fallen more than 15% since the start of January. Many analysts cite the Fed’s decision to raise rates as the major contributor to this drop. This move means that the flow of cheap money is slowing significantly. The result is a higher cost of doing business. Meanwhile, many investors who long believed that stock valuations were unreasonably high are starting to see ... >> Read More        

Students of market history know that it's not a question of will there be another financial crisis – but when will it occur and what will be the trigger. History is littered with market bubbles that burst and the crises that followed. Walter Bagehot, editor of the Economist between 1860 and 1877, once stated that financial panics develop when the “blind capital” of the public floods into unwise speculative investments. Today's cryptocurrency market collapse could ... >> 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        

The rising price of oil is a concern for many Americans. The average price of a gallon of gasoline reached an all-time high just weeks ago. Oil is becoming more expensive for three reasons. Demand is rising as the economy continues to return to normal as the country learns to manage COVID. The war in Ukraine has altered the supply chain. Energy companies like Shell, BP, and Exxon have all exited their energy deals with ... >> Read More        

Gold is already shining brightly in 2022, compared to other investment asset classes. Yet, new research reports from the Wells Fargo Investment Institute and BofA Global Research reveal that gold has more room to run on the upside. Let's take a quick look at recent market performance. Through late April, gold is up 6% year-to-date, while the S&P 500 is down 6%, and the tech-heavy NASDAQ is down over 13%. Ten year Treasury yields nudged ... >> 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        

In early March a U.S. bill was introduced in an attempt to restrict Russia from selling their gold. The bill was a collaborative effort from a bipartisan group of senators. The bill has far-reaching implications because Russia is facing the toughest sanctions ever imposed in history. Many believe the Russian government will need to liquidate their gold reserves to remain afloat economically. Four senators introduced the Stop Russian GOLD Act. They are, Angus King (I-Maine), ... >> Read More