Precious Metal & Rare Coin Market News

Palantir Technologies is a big data analytics company that serves some of the most powerful organizations in the world. One of the three main segments of the company, Palantir Gotham, is a counter-terrorism tool and has a client list including the CIA, NSA, West Point, and Special Operations Command. It is no surprise that the company wants to become “the default operating system across the U.S. government.” These relationships put them in an elite class ... >> Read More        

The year 1914 marked the dawn of a new age as the Panama Canal reached completion. Today, the engineering marvel remains a crucial artery of international trade as more than $270 billion worth of cargo passes through the canal every year. Those behind the project knew the legacy of the canal would be immense. Therefore, they set out to begin planning, and funding the Panama-Pacific International Exposition – a celebration to commemorate the project – ... >> Read More        

Gold's price retreat this month offers long-term investors an opportunity "to buy on the dip." Yet, you may be wondering what could be the trigger for the next swing higher in gold prices. Wells Fargo Investment Institute analysts addressed that very question in an August 9 research note to clients. Here's what they said: "We suspect gold will soon resume a leadership position." What could send gold prices higher again? Chinese and Indian gold buying, ... >> Read More        

The biggest surprises always come in the third act. Covid is no exception. The Delta variant continues to cause a surge of infections and deaths as 30% of those in the US still remain unvaccinated. As Dr. Anthony Fauci put it, “things are going to get worse.” As the seven-day average of new daily cases rises businesses and investors are tempering their outlook. Previously the U.S. was experiencing approximately 10,000 cases a day. By early ... >> Read More        

Americans had mixed feelings about the $3 gold piece. In the late 1880's the $3 Indian Princess Head was worth well over a day's pay. What's more – it carried an odd number. It turns out that very few people wanted to use coin which did not fit into the already accepted decimal calculations. Even though it was not heavily used in circulation – the $3 gold piece instantly captured the attention of coin collectors ... >> Read More        

The Federal Reserve met today and delivered once again – a whole bunch of nothing. The Fed did not raise interest rates from zero percent and indicated it would keep on buying $120 billion in U.S. government bonds each month. The Fed said the U.S. economy continues to strengthen and that the recent burst of inflation is transitory. Really? After the Fed meeting, gold traded $11.00 higher at $1809.70 an ounce. In fact, many economists ... >> Read More        

The issue of climate change has long been politicized and the effects will be experienced by those on both sides of the political spectrum. In response, countries like China have committed to becoming carbon neutral by 2060. The U.S. has targeted a goal of attaining 100% carbon pollution-free electricity by 2035. These dramatic measures have left some gold investors questioning how the energy intensive nature of mining will keep pace with a changing world. A ... >> Read More        

On Monday, the Dow Jones Industrial Average plunged 1.72%, marking its biggest one-day drop since October. While the market bounced back Tuesday, stock market breadth has been declining, which is a warning signal that a correction may be near. Wall Street defines a stock market "pullback" as a retreat of 5-10% and is a short-term dip. A "correction" phase is more serious and is defined as a 10-20% retreat from the recent high and can ... >> Read More        

A 2021 Central Bank Gold Reserves survey concluded that 21% of central banks plan to increase their gold reserves over the next 12 months. The question is why. The one-word answer: uncertainty. The same body of research found that 84% of the respondents cited uncertainty arising from the post-COVID recovery as a major influence over their decision to bolster their gold holdings. Interestingly, 52% of the survey participants indicated that they think global central banks ... >> Read More        

U.S. Bureau of the Mint Chief Engraver Charles E. Barber designed the famed Barber coinage which includes a dime, quarter and half dollar. And, Barber dimes were struck from 1892 through 1916. This beautiful silver coin features Lady Liberty facing right on the obverse. UNITED STATES OF AMERICA encircles her head. The date is found below Lady Liberty's bust. The dime's reverse reveals a delicate and ornate Laurel wreath wrapped around the coin's denomination: ONE ... >> Read More