Precious Metal & Rare Coin Market News

Gold Delivers on Its Enduring Status as a Safe-Haven

Gold Delivers on Its Enduring Status as a Safe-Haven

Gold, Investment, Market News |
Using a baseball analogy, 2022 threw Americans a lot of curve balls that no one was expecting. We've seen gasoline rocket above $6 a gallon, mortgage rates soar from 3% last year to 6% today and the stock market tumble over 20%. Everyday goods simply cost more with inflation at a 40-year high. The cryptocurrency market collapsed – with Bitcoin falling from over $67,000 in late 2021 to just over $17,000 last week. Amidst the ... >> Read More        
Several bitcoin coins with laptop keyboard background

Investors Relearn the Meaning of “Hedge”

Gold, Investment, Market News |
Crypto was supposed to be a hedge against uncertainty, inflation, and bear markets. However, in 2022 alone, Bitcoin has lost more than half of it’s value. Does cryptocurrency have the staying power of an investment class? These losses are not restricted to Bitcoin. Solana, Etherium and Litecoin have all experienced massive drops year to date. This fall in value across cryptocurrencies has been sobering for investors who long believed blockchain technology would deliver stability and ... >> Read More        
Silver Demand Forecast to Increase Five Percent in 2022

Silver Demand Forecast to Increase Five Percent in 2022

Investment, 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        
Is a Recession Just Around the Corner?

Is a Recession Just Around the Corner?

Gold, Investment, Market News |
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        
When Diversification Disappears

When Diversification Disappears

Gold, Investment, Market News |
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        
Biden's Billionaire Tax Aimed at More than Just Billionaires

Biden’s Billionaire Tax Aimed at More than Just Billionaires

Gold, Investment, Market News |
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        
Why a Movie Theatre Chain Bought a Gold and Silver Mine

Why a Movie Theatre Chain Bought a Gold and Silver Mine

Gold, Investment, Market News |
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        
Look What Happened When the Fed Threw Out Its Play Book

Look What Happened When the Fed Threw Out Its Play Book

Gold, Investment |
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        
Graph incurance growth of silver and gold bars and green arrows

How Investors Compare Gold and Silver Investments

Gold, Investment, Market News |
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        
Financial consultant observing the exchange market

Financial Markets in Times of War

Gold, Investment, Market News |
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