Market News

Coveted Mexican Coin Recovered from Shipwreck

Investor Resources | September 3, 2019

If there is one classic Mexican coin that serious U.S. numismatic collectors covet, it’s the Pillar dollar. The 8 Reale, also known as “piece of eight,” is an iconic silver coin which was struck at the Mexico City Mint between 1732 and 1772. Mexican Pillar dollars were minted across South America under Spanish colonial rule. […]

5 Things to Know As Gold Bull Run Unfolds

Gold | August 28, 2019

Have you ever wondered if gold is a good investment? This is for you. 1. Gold is proving its worth as a safe-haven asset.  In today’s world of stepped-up U.S.-China trade tensions, market-moving Tweets, stock market volatility and economic uncertainty, gold is acting exactly as it should – as a safe-haven investment. Investors around the […]

Redesigning Currency with the Flying Eagle Cent

Investor Resources | August 26, 2019

It was the 1850s and the U.S. Mint had a problem. The “large cent,” which was simply a penny, was becoming too expensive to manufacture. The coin was nearly the size of a half dollar and consisted entirely of copper. They needed an alternative. Officials began working on solutions to the prohibitive cost. Some suggested […]

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, […]