Market News

Gold logs best week since financial crisis with 7% gain as forecasters target $1,300 and higher

Gold | February 12, 2016

Gold on Friday pulled back from Thursdays monster $53 gain but still logged its biggest weekly move since the financial crisis in 2008. Tempered by a positive U.S. retail-sales report and a rebound in stocks and oil prices, gold lost about 1%, falling near $1,237 by midday. Nevertheless, the yellow metal booked a more than […]

Pogue Collection Chain Cent falls just short of $1 million

Market News | February 11, 2016

The third sale of the legendary D. Brent Pogue Collection of rare coins occurred Feb. 9, and while no individual specimen realized a price at or above the $1 million mark, a few came close. The sale consisted of pre-1800 half cents, 1793 large cents, Capped Bust dimes, Capped Bust half dollars from 1823 to […]

Gold bulls run rampant as BofA says $1,550 a possibility

Market News | February 11, 2016

With gold carrying out a major move to one-year highs above $1,260 Thursday as fear gripped global markets, some high-profile investors are coming out of the woodwork to endorse bullion, including billionaire Mark Cuban, the owner of the Dallas Mavericks. When traders dont know what to do, they go where everybody is, and I thought […]

Gold hits $1,200 as Bank of America calls bottom, sees $1,250 by years end

Market News | February 8, 2016

Gold kicked off Monday with a massive run toward the $1,200 level, hitting eight-month highs as the U.S. stock market lost more ground in early trading. Lunar New Year celebrations in China and much of the rest of Asia no doubt also helped drive the price higher. After a 5% gain last week, the yellow […]

Tips for new collectors joining the numismatic community

Market News | February 5, 2016

By Douglas LePre, Senior Portfolio Manager at Blanchard and Company Oh, youre a coin dealer? What should I collect? This is a question that people have been asking me throughout my career, so I thought with a new year upon us I would try to offer some suggestions as 2016 gets moving. The coin-collecting hobby […]