Surprise Announcement from Fed Sparks Metals Rally

Much to the world’s surprise, the Federal Reserve announced this past Wednesday that it would not be tapering its bond purchases, or what most of us know as Quantitative Easing. Many expected the Fed to announce a reduction of bond purchases from $85 billion a month, but when the announcement wasn’t what investors had expected,…

Fed Puts Tapering Plans On Hold

Precious metals had been dipping for days, but on Wednesday, commodities, stocks and bonds began to rally after the Federal Reserve’s decision to continue its $85 billion bond-buying program. With the economy improving slower than the Fed had hoped, policymakers voted to continue monthly purchases until progress of the economy could be sustained. Back in…

Molon Labe Silver Now Available

Politicians are threatening to take away your firearms and alter the freedoms of the Second Amendment. Many Americans have responded the way King Leonidas I of Sparta responded when the Persian army demanded the Spartans to drop their weapons and surrender at the Battle of Thermopylae in 480 BC — “Molon labe” or “come and…

Summers Removes Name From Fed Consideration

Larry Summers has withdrawn his name from consideration for the Federal Reserve Chairman position. Current Fed chair Ben Bernanke is expected to step away when his term ends in January, and Summers was considered by many to be the favorite to replace him. Summers, an economic adviser for the White House and former Treasury secretary,…

The New American Dream

A recent poll conducted by GFK Custom Research for Credit.com found something that precious metals investors already know–the new iteration of the “American Dream” has less to do with home ownership and a lot more to do with being financially secure. Owning a home clocked in at third place on the list of American Dreams:…

Over Melt vs. Over Spot

Unlike other products you may buy, the price of precious metals changes by the minute. It can be complicated–and gets more complicated when you try to understand terms like “over spot” and “over melt.” It sounds complicated, but these terms aren’t too bad. In essence, spot prices are the price at which a particular precious…