Market News

The 1715 Spanish Treasure Fleet: A Coin from the Watery Depths

Market News | September 25, 2019

The men had just had two days of calm seas. But it wasn’t to last … A strange swell appeared in the sea, silent and unsettling. The sea birds vanished. The swell grew; cargo rolled in the holds; and for the 1,000 men sailing the 11 ships of Spain’s Treasure Fleet, the night passed uneasily. […]

What Does an Oil Price Spike Mean for Gold?

Gold | September 24, 2019

Just days ago, a group attacked the Saudi Arabian Abqaiq oil facility. The location outputs 5 million barrels of crude oil every day. This volume represents 5% of the global oil supply. The attacks disrupted their production sending oil prices north by about 10% marking the largest one-day increase ever seen in the oil industry. […]

What Negative Interest Rates Mean for You

Investment | September 16, 2019

Maybe you’ve heard the news? Zero or negative interest rates could be coming to a bank near you soon. In the topsy-turvy world of negative interest rates, there are winners and losers. Savers lose. Instead of earning 1% or 2% on your deposits, you could have to pay banks to hold your money. That’s not […]

America’s First Silver Dollar

Market News | September 16, 2019

Many people are surprised to learn that the origins of US currency aren’t found in our country. They’re found in the Netherlands.  Upon arriving in the New World, the Dutch established the colony of New Amsterdam which is known today as New York. Here, immigrants traded Lion “Daalders,” a coin first minted in Holland in […]

“Thar’s gold in them thar hills!”

Investor Resources | September 11, 2019

Or rather, “There’s millions in it!” (Doesn’t have quite the same ring, does it?) This is a story about the 1858-D $1 Gold coin.  It turns out that “Thar’s gold in them thar hills!” is a Hollywood western invention, by way of Mark Twain. But let’s rewind. In 1829, the Georgia Gold Rush started. Thousands […]