Precious Metal & Rare Coin Market News

Why “Tail Risk” Should Be in Your Investment Vocabulary

Why “Tail Risk” Should Be in Your Investment Vocabulary

A tail risk is the probability of a rare event occurring.  The tail is the left and right portion of a normal distribution curve which resembles a bell and therefore carries the name “bell curve.” Author and investor Nassim Taleb explored the concept of tail risk in his 2007 best-seller The Black Swan: The Impact of the Highly Improbable. In the book Taleb tries to draw the reader’s attention to the idea that too often ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – April 27, 2020

A message from David Beahm President and CEO Gold $3,000 It was another wild week in the economy and the markets. As we wait for the coronavirus to peak, the economic toll from the shut-down continues to mount. Never say never. We saw oil prices go negative last week. The price of West Texas Intermediate (WTI) crude oil closed below zero on April 20. That's right, oil sellers couldn't give barrels of oil away for ... >> Read More        
The Nuanced Appeal of the 1873-S $20 Open 3

The Nuanced Appeal of the 1873-S $20 Open 3

The California Gold Rush changed the firmament of American life. Nearly 300,000 people came to the state seeking to stake their claim and pull new found wealth from the ground. However, this adventurous spirit precipitated some serious problems. Many indigenous populations were forced off their lands by opportunistic “forty-niners,” a reference to those flocking to California during the peak of the gold rush in 1849. In fact, the gold rush was so momentous that its ... >> Read More        
1921 Peace Dollar

The 1921 Peace Dollar

Soon after World War I ended, the US decided to commemorate the peace that followed with a dollar coin. When it came time to design the artwork officials had the idea to host a competition. Artists could submit designs and a winner would be selected and receive the honor of seeing their work on an approved piece of US currency consisting almost entirely of silver. Additionally, the winner would be awarded $1,500 in prize money ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up: April 20, 2020

A message from David Beahm President and CEO Over the past several years of rising stock prices and economic growth, "market risk" was an abstract concept. The coronavirus, that seemingly emerged out of nowhere in the past few months, changed all that. Risk is no longer an abstract concept for any American today. With face masks now the new normal, so many things about daily life are different. While this may be hard to hear, ... >> Read More        
Why "Saints" Are Special

Why “Saints” Are Special

Market News, Rare Coins |
It is often called one of the most beautiful U.S. coins. For serious collectors, the impressive 1907 High Relief Double Eagle designed by Augustus Saint-Gaudens is often their first major purchase. For others, this prized $20 gold coin represents an aspirational trophy, which is highly coveted in the numismatics world. What makes this unique coin so special? For starters, the story behind the development of these coins is legendary. Affectionately known as "Saints," these awe-inspiring ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up: April 13, 2020

A message from David Beahm President and CEO Crisis Reshapes the Future Black Swan. Nassim Taleb, a professor of risk engineering at New York University, popularized the term: Black Swan. It is defined as a highly improbable event with major consequences. Think back just a few months ago. At the beginning of 2020, the stock market was hitting new all-time highs, the unemployment rate was at a 50-year low, the economy continued to grow in ... >> Read More        
Special Report: The Long Bear Market in Silver - Part Two

Special Report: The Long Bear Market in Silver – Part Two

This is part two of our special report on the long silver bear market. You can read part one of this comprehensive article here. Why Should You Act Now? CPM has an impressive track record with recommendations. They don't come often and when they do they are extremely profitable. CPM’s previous intermediate-term investor recommendation on silver was on 2 May 2011, when silver touched $48.19 and CPM advised selling. The theoretical return from following CPM’s ... >> Read More        
Special Report: The Long Bear Market in Silver - Part One

Special Report: The Long Bear Market in Silver – Part One

Investors big and small, domestic and foreign, piled heartily into gold since the start of the COVID-19 bear market in stocks. Gold is one of the best performing assets classes in the first quarter 2020, yet silver remains depressed. Many investors wonder why. The short answer is that 1) silver reacts more to commodity cycles than gold due to its large industrial demand and 2) investment demand for silver weakened since the 2011 price high ... >> Read More        
David Beahm Blanchard CEO

Monday Morning Wrap Up – April 6, 2020

A message from David Beahm President and CEO Gold Shines: Shelter in the Storm Nearly 90% of Americans are now under some sort of lockdown as the coronavirus pandemic halted daily life as we know it. Businesses are closing left and right as the number of COVID-19 cases are exploding in New York City and other parts of the country as well. Job layoffs are skyrocketing at a faster pace than any time in U.S ... >> Read More