For the gold and silver markets, the year has been tumultuous at best, with an anemic 0.9% rise in gold futures and a 2.5% decline in silver futures. Copper on the other-hand has risen about 2.7% since the end of last year! A recent report from MarketWatch gives some perspective on why copper may be…
Gold Spends June Trying to Figure out Where to Go
Well, we’re past the 4th of July holiday and the midpoint of the year. We hope all of our readers and customers had an enjoyable and safe summer holiday – now that we’re halfway through 2012, it’s a good time to take stock of the gold and silver markets and try to see where things…
A Six-Figure Income Isn’t What it Used to Be
In decades past, the magic 6-figure salary was (…and still is) a monumental accomplishment. Individuals and families with earnings over $100k per year often had two nice cars, a nice home, took good vacations and still had plenty left over to save for the kid’s college and retirement. But inflation (…or rising prices) has eaten…
Friday Sees Biggest One-Day Advance for Gold since August
Precious metals have certainly taken a bruising in the last few weeks…in May alone, gold slid approximately 6%. But this past Friday, the 1st of June, witnessed a dramatic rally for gold and precious metals in general. By closing time on Friday, gold broke the $1600 barrier, climbing 3.7% ($57.90) to $1622.10. Silver too had…
Data on Gold Demand Indicates Bubble Not Likely
There are times when a certain asset or investment is all the rage. Then one day, bam, the bottom falls out…economists, analysts and investors refer to this as a bubble. A bubble is precisely what occurred in the real estate market in the last decade. It also in fact occurred in the gold markets back…
Bullion vs. Numismatic Coins
A frequent question we receive from gold bullion investors is, “What the heck is the difference between a bullion and numismatic coin?” A recent article in our gold investors’ knowledge center explores this topic in-depth, but we wanted to provide a quick summary here in our blog. Essentially, the difference between bullion and numismatic coins…
