Precious Metal & Rare Coin Market News

Volatility came roaring back to the market this year. The S&P 500 has fallen more than 15% since the start of January. Many analysts cite the Fed’s decision to raise rates as the major contributor to this drop. This move means that the flow of cheap money is slowing significantly. The result is a higher cost of doing business. Meanwhile, many investors who long believed that stock valuations were unreasonably high are starting to see ... >> Read More        

Students of market history know that it's not a question of will there be another financial crisis – but when will it occur and what will be the trigger. History is littered with market bubbles that burst and the crises that followed. Walter Bagehot, editor of the Economist between 1860 and 1877, once stated that financial panics develop when the “blind capital” of the public floods into unwise speculative investments. Today's cryptocurrency market collapse could ... >> Read More        

Have you had a chance to see an 1830 Quarter Eagle?  Because the mintage of these great American coins was very small (4,540) and because many were melted down for their gold content, it is estimated that very few remain today. The Quarter Eagle made its debut in 1796. Of the 10 denominations authorized by Congress in 1792, it was the last to be minted and only in small quantities. When introduced, the quarter eagle ... >> Read More        

The US Mint issued their first half cent coin starting in 1793. Minting continued until 1797 at the Philadelphia mint. Henry Voigt, who served as the Chief Coiner of the first United States Mint, engraved the coin, however, experts are unclear on whether or not he designed the piece. Voigt’s contribution to US currency is just one of his many ventures. Voigt built steam engines, worked as a clock-maker, and even manufactured mathematical instruments. He ... >> Read More        

Silver, sometimes known as the poor cousin to gold, due to its lower price per ounce – flexes its muscles mightily for those who choose to invest in it. While silver is a precious, monetary metal that has served as currency for thousands of years, it is also widely used industrial metal powerhouse. In fact, industrial demand for silver – for use in manufacturing and electronics, accounts for roughly half of all demand for this ... >> Read More        

The Federal Reserve raised its key interest rate by half a percentage point on Wednesday - the biggest rate increase in 22 years - as the central bank battles against runaway inflation in the U.S. The Fed bumped up the Fed Funds rate by half a percentage point to 0.75% and 1% and also announced a reduction in its balance sheet by $95 billion. Gold climbed following the Fed's announcement this afternoon, trading at $1,899 ... >> Read More        

The rising price of oil is a concern for many Americans. The average price of a gallon of gasoline reached an all-time high just weeks ago. Oil is becoming more expensive for three reasons. Demand is rising as the economy continues to return to normal as the country learns to manage COVID. The war in Ukraine has altered the supply chain. Energy companies like Shell, BP, and Exxon have all exited their energy deals with ... >> Read More        

Gold is already shining brightly in 2022, compared to other investment asset classes. Yet, new research reports from the Wells Fargo Investment Institute and BofA Global Research reveal that gold has more room to run on the upside. Let's take a quick look at recent market performance. Through late April, gold is up 6% year-to-date, while the S&P 500 is down 6%, and the tech-heavy NASDAQ is down over 13%. Ten year Treasury yields nudged ... >> Read More        

Diversification is the first rule investors learn. Spread your investment across a greater number of assets to avoid overexposure to risk in one area. The concept is simple and intuitive. It is also becoming more difficult to follow. Assets become more correlated as the economy becomes more globalized. This increasing globalization is more apparent than ever as sanctions against Russia take hold. In response, European countries are struggling to find energy alternatives. Simultaneously, countries are ... >> Read More        

Many people believe the U.S. government was the first organization to mint gold mined in California. In truth, this historical touchstone belongs to Salt Lake City, Utah. The origin of this story, however, does not begin in Salt Lake City. Instead, it starts in San Diego during the Mexican-American War. This was the destination of the Mormon Battalion. During their march some members of the battalion traveled north and eventually started working for James Marshall ... >> Read More