At first blush, it can seem like there’s a lot to learn about investing in precious metals. It’s full of mystifying terminology, like a secret club that only lets you in if you know the password. Cable TV fills your ears with incomprehensible fast-talking hosts analyzing charts and examining trends. But investing in precious metals…
Gold Stabilizes After Historic Drop; Physical in High Demand
Gold and silver prices are always great water cooler talk, but when prices plunged over the course of two nail-biting days in April, it became the conversation across the globe. The precious metals industry held its collective breath as gold dropped $225 between Friday, April 12 and Tuesday, April 16. By the time prices stabilized,…
Mass Sell-Off, Gold and Silver Prices Plunge
Last Friday and this Monday, gold and silver experienced staggering losses. Over the past few months, we’ve seen both precious metals maintain overall tight ranges. Gold’s floated around $1600, while silver held in the high twenties. Yet Friday’s metaphorical bloodbath sent both metals on a downward spiral. In that day alone, gold slid $84 —…
A One-Minute History of the Federal Reserve
Anyone who monitors financial markets or precious metals has heard of the Federal Reserve. While the Federal Reserve has received considerable attention in recent years — due to financial crises and a feeble economy — few know the details of its history. Until now. Our latest Knowledge Center article, A Brief History of the Federal…
Gold – The Impact of Positive Economic News
As we near spring and head into “March Madness,” better-than-expected numbers on retail sales and unemployment in the U.S. has led to a slight sell-off in gold. As of this writing, gold stands at just under $1600 per ounce – so far this year, gold is down about 5% from its close on December 31,…
Price Controls & Manipulation: Factors that Impact the Price of Gold and Silver
A major driving force behind gold and silver’s multi-year rally is the printing of money by central banks around the world. Since 2008, literally trillions of new dollars (currency) have been created in the hopes of resuscitating the besieged stock and housing markets. This inflation has placed upward pressure on gold and silver. In 2008…
