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Metals, She Wrote: Dippity-Do-Da

November 18, 2016 Uncategorized

My, oh my, what a wonderful day….for bullion buyers. I’m a Texan, so my favorite dip is ranch. Or salsa. Each is incredibly satisfying. As a silverbug, my favorite dip is happening as we speak- a bear market has gold prices sitting around $1209 this morning, while silver’s spot price is a mind-blowing $16.56. When…

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Strong Dollar Creates Precious Metals Bear Market

November 14, 2016 Uncategorized

A short lived burst in gold prices during Tuesday’s election madness has since overwhelmingly faded into a now bearish market for the safe haven commodity. Gold has dropped to 5 month lows, without indication prices will return bullish anytime soon. Reasoning for the market turn is nearly entirely attributed to a increasingly robust dollar. Investors…

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The Components of a Coin

November 10, 2016 Coin Collecting

Coins may be small, but there’s a lot of history behind them and effort that goes into producing them. As technology has developed over the years, coin manufacturers have enjoyed a higher standard of production quality. Many mints take pride in their coins’ designs and quality. In order to be taken seriously as a numismatist—or…

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Metals, She Wrote: Precious Metals Pet Peeves

November 10, 2016 Uncategorized

What a week! If you would have told me a month ago the Cubs would win the World Series, Texas A&M would make the first College Football Playoff poll, and Donald Trump would win the presidency, I would have asked what medication you were taking. It has been quite a season of surprises, but I…

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The Value of a Purple Heart

November 9, 2016 Extras

With Veteran’s Day just around the corner, let’s take a look at one of the most well-known American military medals: the Purple Heart. This medal dates back to the American Revolution, yet it still remains a high honor to this day. In 1782, General George Washington issued the order to create the medal—called the Badge…

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Gold Prices Soar As Trump Brings Home the Victory

November 9, 2016 Uncategorized

As expected, gold prices surged throughout the early Wednesday morning hours, as the likelihood of a Trump victory increased. The precious metal rose 4.8% to $1337.38 before the shock of the win began to wane, returning gold to sub-$1300 prices. Because most election day charts called for a narrow Clinton victory, investors anticipated the continuation…

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