Precious Metal & Rare Coin Market News
5 Most Controversial Rare Coins from the US Mint
Type 1 Standing Liberty Quarter 1909-S VDB Cent 1964-D Peace Dollar 1946 Roosevelt Dime $1,000,000,000,000 Platinum Coin From illegal to immoral to outrageous, it turns out there's plenty of ways for a U.S. rare coin to be controversial. Today, we explore five of the most controversial coins produced by the U.S. Mint, many of which are highly coveted by collectors in large part due to their controversy! 1. Type 1 Standing Liberty Quarter The classic ... >> Read More
Is Inflation Over Yet? Nope, CPI Data Reveals Still Hotter Than Expected
When you are traveling on a road trip with kids, a question you often hear is: "Are we there yet?" For Americans tired of the high prices they see every day from food at the grocery store to personal care products, pet food and haircuts, many are asking: "Is inflation over yet?" The latest Consumer Price Index report shows what you probably already know – inflation is stubborn and still sticking around. Yep, kind of ... >> Read More
Rare Half Dollars: Coins of Your Dreams
Half dollars, America's 50-cent coins, were introduced in 1794. Since then, they have seamlessly integrated into the nation's currency, today holding a cherished place in collectors' hearts. From the classic elegance of the Walking Liberty to the symbolic Franklin and Kennedy designs, each coin serves as a poignant representation of distinct eras. This article will discuss rare half dollar coins worth money, delving into: The reasons for their rarity. The most valuable half dollars. Where ... >> Read More
What Are Some Rare Coins to Look for in Your Grandfather’s Collection?
The pursuit of rare coins often involves a combination of exploration and networking. Coin shows, reputable dealers, auctions, and numismatic events can be excellent channels for acquiring unique, valuable pieces. While these avenues are fruitful, rare coins can also be serendipitously found closer to home, namely, within the confines of your family's history! This article will explore what rare coins to look for in your forebears' collections, discussing: The elements that make a coin rare ... >> Read More
The Truth about Bank Bail-Ins: How Safe Is Your Money
Key Points Many big financial companies were deemed "too big to fail" during the 2008 financial crisis. This led to $700 billion in government bank bailouts at taxpayer expense. The 2010 Dodd-Frank Act created the framework for bank bail-ins. In a bail-in, a bank can take money from their depositors and bondholders to raise capital requirements and keep the bank afloat. Bank failures – both big and small – are more common that you think ... >> Read More
4 Unique Pattern Coins Housed at the Smithsonian
5 Dollars, Pattern, United States, 1865 50 Dollars, Pattern, United States, 1877 – The "Half Union" 50 Cents, Pattern, United States, 1891 5 Cents, Pattern, United States, 1913 – The Buffalo Nickel The Smithsonian is the largest museum complex on the planet. The United States' treasured National Numismatic Collection lives within this impressive center at the Smithsonian's National Museum of American History in Washington D.C. The National Numismatic Collection includes roughly 1.6 million monetary objects ... >> Read More
Looking Under the Hood: What Does LEI Say About U.S. Economy?
When you hear a rumbling noise coming from your engine, you may pull your car over to the side of the road and take a look under the hood. In that same, way, economists and investors monitor many different reports, in order to get a handle on the health of the U.S. economy. One of those reports is the Conference Board's Leading Economic Index® (LEI). And look out! That report is making a loud rumbling ... >> Read More
Gold trades higher, stocks sink after Fed meeting
2024 Ushers In New Cycle From Fed The Federal Reserve held interest rates steady at the 5.25-5.50% range on Wednesday, as expected. The big news out of today's Fed meeting? The central bankers confirmed widespread expectations that interest rate cuts would be seen in 2024. In the post-meeting press conference, Fed Chair Jerome Powell said rate cuts were likely "at some point this year."Gold traded higher after the Fed meeting. Meanwhile, stocks fell across the ... >> Read More
The 2024 U.S. Economic Outlook and What It Means for Gold
Looking back, 2023 may well be remembered for the recession that never happened. But, looking forward into 2024, what is the economic forecast for the coming year and what could it mean for gold? Many hope that 2024 will be the year of the "soft landing" for the U.S. economy. Just like Goldilocks and her porridge a soft landing would mean the Federal Reserve handles inflation and interest rates "just right"—and the economy emerges not ... >> Read More
Existing Home Sales Sink Over 18%: What This Means For Gold
With 30-year fixed mortgage rates topping the 7% mark, it's no surprise the housing market has ground to a halt. Existing home sales plunged 19.3% through the first eleven months of 2023, versus the same period last year, according to the National Association of Realtors. Slowing home sales hurts more than just buyers and sellers, however. The housing market slowdown has a ripple effect throughout the entire economy, impacting consumer spending and even the labor ... >> Read More