Sep 26, 2024
Gold topped $2,600, in part, because of the Federal Reserve interest rate cut on Wednesday, September 18. It bounced around $2,600 before holding about $2,600 on Friday.
Mar 29, 2024
Before 2022, central banks had never bought more than 650 metric tons of gold in any single year but that changed in 2022. Central banks responded to the start of the war in Ukraine in February 2022 and soaring inflation, combined with weaker currency values around the...
Feb 27, 2024
The non-partisan Congressional Budget Office (CBO) just came out with a 10-year projection based on current policies, called "The Budget and Economic Outlook, 2024-2034." Their deficit picture calls for a slight reduction in red ink this year, even though the real...
Jun 16, 2021
Owning gold is important, but owning gold can come with a big challenge: keeping it safe. Criminals love to steal gold. It's a large amount of value in a small, easy-to-conceal package. It's relatively hard to trace and easy to sell.For maximum protection, store valuables...
Jun 14, 2021
During May 2021, the U.S. Mint sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of 2020. American Buffalo gold coins were even more popular, with 44,000 one-ounce gold coins sold in May 2021 vs. just 2,500 ounces in May 2020. Despite the huge surge...
Mar 5, 2021
American Eagle Gold coin sales are up a phenomenal 416% in the first two months of 2021 vs. the same two months in 2020, while American Eagle Silver coin sales are up a respectable 77% in the same two months.
Feb 1, 2021
Silver soared to over $30 an ounce on February 1, 2021 - the highest level in eight years - early Monday on a "Reddit Rally" as investors surged into the market.Since the previous Thursday, when Reddit and Twitter posts began urging small investors to buy silver mining...
Dec 18, 2020
New coin designs are coming next year.