Market News

Gold Brasher Doubloon creator still making numismatic headlines centuries later

Market News | February 23, 2016
It seems almost like yesterday that Blanchard and Company made numismatic history by placing the famed Brasher Doubloon for a record $7.395 million with a Wall Street investment firm. The coin, dated 1787, was graded AU50 by PCGS and has a green CAC sticker. At the time of the transaction, December 2011, CAC founder and…

Were already in a recession, billionaire warns ahead of GDP report

Market News | February 22, 2016
On Friday the U.S. Commerce Department will issue its GDP estimate for the fourth quarter of 2015. Analysts are predicting that the growth rate will come in at 0.4%, down from a preliminary estimate of 0.7% reported in January. Arguing that U.S. growth is picking up in 2016, optimists point to the Atlanta Federal Reserves…

Gold ETFs see biggest one-day influx since May 2010

Market News | February 22, 2016
The key cog missing from gold investment during the past few lean years is now returning with bang: ETF inflows. Gold ETFs (also called ETPs) are no substitute for a long-term core holding of physical bullion, but watching the performance of these investment products can tell us a lot about current sentiment toward the yellow…

Gold could zoom back up to $1,500, DeCarley Trading says via Jim Cramer

Market News | February 18, 2016
Love him or hate him, CNBC Mad Money star Jim Cramer recently delivered a masterful explication of the current bullish case for gold. The case he outlines comes mainly from an associate of his, technical analyst Carley Garner of DeCarley Trading. Although some of Cramers critics say his endorsement of the yellow metal is a…

Gold leaps higher as OECD, Moodys warn of global slowdown

Market News | February 18, 2016
Just when some analysts were calling an end to golds resurgence, the yellow metal reversed and moved sharply higher Thursday as stocks stumbled and two major agencies warned that the global economy is on the skids. A grim earnings forecast from Walmart and another negative Philly Fed manufacturing survey rained on the Dows parade Thursday,…