Precious Metal & Rare Coin Market News
The First Early Gold Coin to Feature a Native American
A new Quarter Eagle gold coin, worth $2.50 in face value was issued in 1908 – known as the Indian Head. This is the first coin to feature a real Native American. Earlier coins that featured Native Americans were stylized portraits and did not represent real people. Also notable to collectors, the Indian Head gold pieces that survive today remain the only U.S. circulating gold coins with a recessed design – or one that is ... >> Read More
Four Reasons Why Gold Has a Place in Your 2023 Portfolio
Gold Offers Diversification that is Disappearing Diversification is what prevents catastrophic loss. The problem is that many investors are not as diversified as they think they are. In recent decades, assets have begun to exhibit similar movements which means that one of the most important strategies an investor has is beginning to falter. In fact, between the periods of 1990 to 2000 and 2006 to 2016 cross-asset correlation increased by 33%. This trend puts investors ... >> Read More
Why The Next 20 Years Won’t Look Like The Last 40
When a man like Russell Napier speaks, people listen. And they should. In the summer of 2020, he forecast the inflation of today long before anyone saw it. There were many who didn’t agree with his assessment. After all, we had not seen any meaningful inflation in about 40 years. For nearly 30 years Professor Russell Napier has advised global institutional investors on their asset allocation strategies. He is also the author of Anatomy of ... >> Read More
The State of the Economy and Gold: Tipping Toward Recession
You may not have noticed, but gold has been up 10% since early November. Indeed, gold jumped again this week scaling the $1,800 mark to hit a new three-and-a-half-month high. Comments from Federal Reserve Chairman Jerome Powell suggesting the central bank will pull back the pace of its interest rate hikes boosted gold and depressed the dollar. Let's take a look at the state of the U.S. economy and what it means for gold. Recession ... >> Read More
A Gold Investor’s Playbook to Survive and Thrive During Market Manias and Bubbles
It's human nature to want more. It's also human nature to not want to miss out. Students of financial markets history are well aware that, going back hundreds of years, market manias or bubbles, occur time and time again. What is a bubble? A bubble is an increase in asset prices based more on emotion than fundamentals. Bubbles form because of human psychology. But, it's important to point out that bubbles also form because of ... >> Read More
Lessons from History: High Inflation Can Last a Decade
Is the inflation crisis over? When the government reported the October consumer price index (CPI) rose by 7.7%, slightly less than expected – the Dow Jones Industrial Average soared 1000 points on the news. Despite the stock market's jubilant reaction, the inflation fight is far from over, according to a new research paper. Consider this. Before the October CPI reading, that inflation measure registered 8% or higher for seven consecutive months. The annual CPI hit ... >> Read More
5 Very Valuable Key Date Coins
1907 $10 Rolled Edge Indian Head 1861-S Paquet $20 Liberty Head 1889-CC Morgan Dollar 1916-D Winged Liberty Dime 1916 Standing Liberty Quarter Dollar Do you own any key date coins? If you do, you understand the feeling of triumph, pride and excitement of adding a key date coin to your collection. Key date coins are those with a low mintage or with mintages having few survivors, and they are prized in the world of numismatics ... >> Read More
Silver Jumps As Metal Held in London Vaults Sinks to Record Low
The price of silver jumped to a 4-month high this week fueled by massive investor demand for the metal. This investor demand for silver is now draining the London vaults of their silver holdings – which fell to a record low in October, according to the London Bullion Market Association (LBMA). In a year where Americans have faced shortages from items like baby formula to certain prescription drugs to gasoline, silver supplies are now running ... >> Read More
Cashing In On Controversy: The Strange History of the 1909-S VDB Lincoln Cent
Never before have three little letters meant so much. The 1909 Lincoln cent - designed to replace the Indian Head penny - was welcomed by Americans with enthusiasm, before quickly being discontinued due to one small detail. Then President Theodore Roosevelt believed that US coins needed new imagery that would inspire Americans. At this same time, he found himself intrigued with the work of Lithuanian-born artist, Victor David Brenner. While meeting with the artist to ... >> Read More
The State of Economy and Gold: U.S. Not Out of the Woods Yet
Gold has served as money and a store of value for thousands of years and it's no surprise that demand for gold is rising in the current environment with record high inflation, rising interest rates, climbing U.S. debt levels and the potential for a recession. Indeed, in the first half of 2022, gold demand climbed by 12% year-over-year, according to the World Gold Council. Let's take a deeper look at the state of the U.S ... >> Read More