Market News

Rising Inflation, Slowing Growth Bode Well for Gold

Gold | August 21, 2019

If it seems like everything is getting more expensive, you are right. In July, the core consumer price index climbed to 2.2% from a year earlier, the Labor Department reported last week. Clothing rose 0.4%, used car and truck prices surged 0.9% and prescription drug costs increased 0.4%. Planning a trip soon? Airline fares jumped […]

Who Wins In A Currency War?

Gold | August 19, 2019

Don’t look now, but the trade war is turning into a currency war. This month, the United States labeled China a “Currency Manipulator,” turning the tensions between the world’s two largest economies to a boil. U.S. Treasury Secretary, Steven Mnuchin, accused China of manipulating its currency “to gain unfair competitive advantage in international trade”. Now, […]

A Good Gun, a Good Horse and a Good Wife

Investor Resources | August 14, 2019

Born in 1734 near Reading Pennsylvania, Daniel Boone had all the ingredients for a happy life. “All you need for happiness is a good gun, a good horse and a good wife,” Boone said. Yet, the father of 10 children with his wife Rebecca, had a taste for adventure and wanted to explore the American […]

The History of Money Revolves Around Gold

Gold | August 12, 2019

Money makes the world go round. But, what is money? That $20 bill in your wallet is money. Throughout history, cowrie shells, barley, even peppercorns have been used as money. Do any of these things actually have intrinsic or real value? One could argue no. What gives things like paper money, the $5, $10, and […]

One of the Boldest Campaigns in History

Investor Resources | August 7, 2019

It was one of the boldest campaigns in history: the conquering of the mighty Inca Empire. And who led it? An illiterate man born in poverty, the illegitimate son of a soldier and a servant. What drove him and his men was an insatiable desire for gold. The Incas called gold “the tears wept by […]