Market News

Bitcoin physical coins on American flag background with dollars

Bitcoin at All Time Highs – What’s Next?

Featured, Gold, Investment, Market News |
Bitcoin climbed nearly 40% since the start of 2021 – breaking through the $40,000 mark. That was followed by a quick 10% slip the last two days, falling below the $32,000 level. This highlights the wild volatility of cryptocurrencies. The escalating, hyperbolic, surge in Bitcoin has all the markings of a FOMO rally. That's a term otherwise known as the " fear of missing out." Yes, FOMO is running on full steam.   Are you thinking ... >> Read More        
Third Time's a Charm

Third Time’s a Charm

Market News, Rare Coins |
It took Congress three separate attempts – over a span of nearly 60 years – to approve the striking of a 2-cent coin. The First Attempt In the spring of 1806, Senator Uriah Tracy from Connecticut first introduced legislation to authorize the U.S. Mint to strike a two-cent coin. Not everyone liked the idea. Concerned about fraud, Mint Director Robert Patterson used his political might to stop the plan. To illustrate his concerns, Patterson sent ... >> Read More        
Obverse image of Louisiana Purchase Gold Commemorative coin

Meet Me in St. Louis: The 1903 Louisiana Purchase Exposition Gold Dollar

Market News, Rare Coins |
Many people forget how much of history is governed by chance. There is no better example of this than the circumstances leading up to the Louisiana Purchase. This enormous part of the U.S. passed through several owners before finally becoming a part of the nation’s identity. Originally, the 530-million-acre section of land was owned by France because of French explorers who originally laid claim to the area in the late 1600s. During this time, the ... >> Read More        
Bitcoins sitting atop paper money

Bitcoin Captures Imagination of Future Space Tourists

Featured, Gold, Investment, Market News |
What do an NFL player's salary and paying for a hotel on Mars have in common? The unlikely answer is Bitcoin. Tech billionaire Elon Musk recently said any future economy on Mars could run on cryptocurrency. But wait…will that cryptocurrency be Bitcoin? No sir. In fact, Musk suggested it could be the cryptocurrencies Dogecoin or Marscoin. Many people don't realize how many digital currencies there are! As of January 2020, there are over 2,000 cryptocurrencies, ... >> Read More        
How Gold Boosts Liquidity

How Gold Boosts Liquidity

Gold, Investment, Market News |
In the U.S.,  gold is a often a means of storing, and growing wealth. In 2020 gold served this purpose well as its value climbed more than 24%. However, many gold investors in the U.S. are unaware of the unique ways that gold boosts liquidity for consumers abroad. Gold ownership is common in Indian culture as it represents a level of economic status and often has cultural ties to special events, like marriage, in which ... >> Read More        
Three gold bars sitting atop financial documents

The #1 Leading Indicator for Gold

By David C. Zanca, Senior Portfolio Manager Winter follows fall, and summer follows spring. The seasons of nature act as a leading indicator for what comes next. After the leaves drop from the trees in September and October and the temperatures fall – winter follows. After months of snow and shorter days, warmer temperatures and longer days announce the arrival of spring. In the economic realm, employment and consumer spending are considered leading indicators. These ... >> Read More        
The Future of Gold in a De-carbonized World

The Future of Gold in a De-carbonized World

Gold, Investment, Market News |
Recently, President-elect Joe Biden announced a plan to spend $2 trillion during his first term in an effort to accelerate the adoption of clean energy in sectors like transportation and building. The plan is a major step in the renewed initiative to lessen, or even eliminate global warming. The move is large enough to have ramifications across nearly every industry, including gold, because large scale mining operation require an enormous amount of electricity and fuel ... >> Read More        
Multicolored graphic with the word Inflation

3 Quotes about Inflation You Must Read

Featured, Investment, Market News |
Inflation is coming. Are you ready? Listen to what these three luminaries said about inflation: Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. – former president Ronald Reagan In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. – former Federal Reserve Chairman Alan Greenspan Inflation is taxation ... >> Read More        
1853 Seated Libery Quarter with Arrows and Rays

1853 Seated Liberty Quarter – Arrows and Rays

Market News, Rare Coins |
The 1853 Seated Liberty Quarter was part of U.S. currency that began in the mid-1830s and extended to the late 1890s. The obverse shows the Goddess of Liberty grasping a pole. On the top of the pole is a Phrygian cap. This detail was meant to convey freedom. The cap is recognized by a distinct fold in the top. Originally, the hat signified the Roman goddess of liberty. In time, this symbolism later appeared in ... >> Read More        
Neon blue Inflation sign

Inflation and “Good” Money

Ask an Expert, Featured, Gold, Market News |
In early societies items like shells, beads and even clay tokens were used as money. Ancient societies then advanced to using precious metals including bronze, gold and silver as the basis for their monetary systems. What defines "good" money? The key element that is essential to good money is something that maintains its purchasing power over time. Whether it’s a shell or a dollar bill, good currencies retain their value against a basket of consumer ... >> Read More