Category Archives: Market News

Keep up to date with all the factors affecting precious metals, with Gainesville Coins market updates.

bitcoins

Bitcoin Mining Extremely Energy-Intensive

November 15th, 2017 by

One of the biggest advantages of cryptocurrencies like Bitcoin that crypto advocates cite is the ease with which these new forms of “digital cash” can transfer value all around the world. Compared to an international bank wire, sending someone your Bitcoins is generally a faster method, although it’s worth noting that high transaction fees may […]

jamie dimon JPMorgan

JPMorgan CEO Dimon Talks Down Markets

September 18th, 2017 by

Much the same way that prominent politicians can shift a national debate or bring an issue to the forefront of the public’s mind, major players in the financial markets can use their bully pulpit to influence market movement. Jamie Dimon, the well-known CEO of the massive bank JPMorgan Chase & Company, has never been shy […]

Whose Corner Is the Fed Really In?

August 28th, 2017 by

As a wave of support for reform across the federal government gains steam, there is one “federal” institution that tends to resist any calls for transparency or reform: The Federal Reserve. The nation’s central bank is sometimes characterized as the fourth branch of government due to the importance of monetary policy on the U.S. and […]

World’s Biggest Hedge Fund Buying Gold

August 19th, 2017 by

One of the great things about owning gold is that anyone can do it from virtually anywhere in the world. It certainly has a democratizing impact on protecting one’s wealth. However, in many instances, big movements in the gold market are attributed to the large-scale buying or selling by hedge funds. Sometimes referred to in […]

Blockchains and Cryptocurrencies: The Next Financial Hack?

August 16th, 2017 by

It is commonplace today to refer to clever, beneficial innovations as hacks. So a life hack is a positive habit or practice; or a high-powered health regiment might be called a bio-hack. When it comes to financial hacks—no, not the shady fund managers or brokers—the “next big thing” seems to be cryptocurrencies and the blockchain […]

balance of gold and dollar

CME Group CEO: $6,000 Gold Price?

August 10th, 2017 by

Exaggerated and seemingly outlandish predictions and forecasts about asset prices abound all over the internet, and even the mainstream of money managers and the financial news. Gold is no exception to this reality that affects all sorts of financial endeavors, from investing to trading to estate planning.

LME Seeking Rivalry with LBMA?

July 19th, 2017 by

When it comes to trading gold futures, there’s literally no place on Earth like London. While the commodities exchange (COMEX) division of the New York Mercantile Exchange (NYMEX) is the world’s second-largest platform for trading gold futures, it is a distant second place. Based on the volume of gold contracts traded, the London gold market […]

The Rush to Gold Vaults

July 17th, 2017 by

There is a growing trend spreading like wildfire across the investing community as more and more signs point toward a possible market disruption in the near future. It’s not simply a rush to safe havens like gold; it’s a veritable gold rush of storing precious metals in vaults. The Essentials of Storage Many people who […]

The Risks of ETFs and Passive Investing

June 27th, 2017 by

There’s a dusty old adage that goes something like, “You can’t reinvent the wheel.” Yet many fund managers and financial advisors would like you to believe that they have indeed reinvented the wheel. This time, the new revolutionary invention is called an ETF.

trojan horse

Don’t Let Your Gold Be Tracked!

June 22nd, 2017 by

Let’s be loud and clear about this point: American citizens, and human beings more generally, have a right to hold wealth in a tangible form that cannot vanish from an electronic bank ledger in a moment. This would seem to be an incontrovertible truth. It’s a matter of privacy. In some cases, this simply means […]

How Will China Impact the Gold Market?

June 6th, 2017 by

Although China has surpassed India as the world’s #1 source of gold demand on a consistent year-to-year basis, it has not received as much publicity lately in conjunction with global gold demand.

Do Gold ETFs Smooth Out Volatility?

June 1st, 2017 by

While gold has proven to be a far better store of value than any currency over any long-term time horizon, and is thus chosen by many investors as an inflation hedge, its price fluctuations are generally rather volatile in the short run. Under normal circumstances, gold’s perceived trustworthiness over riskier investments attracts a fair amount […]

Financial Markets Outlook for 2017

May 23rd, 2017 by

More than anything else, the best way to characterize the global markets this year is a persistent relative calm with only intermittent “hiccups.” These hiccups repeatedly seem like the first salvos of a correction, yet have just as reliably turned out to be merely transient (as the Fed is fond of saying of various risks). […]

BUYER BEWARE: NFC Microchip Bullion

May 16th, 2017 by

There’s a troubling trend in the bullion investing community that could have major consequences for those who own gold and silver. Yet this development is being pitched as the next great innovation in bullion security. Many investors may unwittingly be duped into disclosing exactly how much gold they have, and where it’s stored, all because of […]

LBMA Plans Gold Bar Disclosure

May 14th, 2017 by

The London Bullion Market Association (LBMA) administers the world’s largest physical gold market, and is heavily involved in certifying or authenticating the gold that trades in the City of London. Each day, a staggering $18 billion worth of gold traded in London during March (when the most recent data is available).

Hedge Funds Under Investigation

May 11th, 2017 by

If you had to pick a field as an exemplar traditionally known for its ethical behavior, money managers (the groups that run hedge funds) are probably not your best choice. However, hedge funds are facing a much more existential threat: Since the financial crisis, hedge funds have had a difficult time outperforming “the market”—i.e. passively investing in […]

Is It Bullion’s “Time to Shine”?

April 5th, 2017 by

We all know that gold and silver bullion are lustrous—in a word, shiny. It’s one of the physical properties that helps distinguish these metals from their more commonplace cousins. In a more figurative sense, however, 2017 may prove to be the time that these precious metals really began to shine (as financial assets).

Will 2017 Be A Semi-Key Date For Silver Eagles?

March 31st, 2017 by

American Silver Eagle sales for the first quarter of 2017 totaled a bit over 7.9 million coins, the slowest start since 2009. Considering that the first quarter is usually the most active time for Silver Eagle sales each year, current demand is pointing toward 2017 being the lowest mintage in at least six years. This […]