Category Archives: Market News

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

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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 […]

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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.

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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 […]

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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). […]

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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 […]

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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).

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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 […]

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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).

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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 […]

FOMC conference room (photo: Federal Reserve)

Is the Fed Finding Its Footing?

March 15th, 2017 by

So the Federal Reserve met the markets’ expectations and raised its target interest rate by 0.25% today. (Interestingly, Wall St immediately jumped higher as the news broke right along with gold prices.) But what direction will the Fed ultimately go over the next two years? Before we dive into the rate hike, here’s a quick […]

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Toyota Puts Brakes On Platinum, Palladium

February 23rd, 2017 by

Platinum and palladium are grouped together with the precious metals, and they certainly enjoy a modest level of demand from investors looking for the diversity of a tangible asset. However, these two commodities are also appropriately classified as industrial metals—the primary industry using them being the manufacture of automobiles.

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Big Bank Execs Cash In Bigly

January 24th, 2017 by

Since the presidential election in November, the financial sector has ridden a fantastic rally to heights that only a few short months ago seemed improbable. Some of the biggest banks in the U.S. have seen their share prices rise by 20% to 30% in less than a quarter. Now, the executives running these TBTF banks […]

FOMC conference room (photo: Federal Reserve)

New Faces At Fed Policy Meetings

January 11th, 2017 by

This year, three of the four rotating seats on the Federal Reserve Open Market Committee have been filled by the three newest regional Fed presidents: Robert Kaplan of the Dallas Fed, Patrick Harker of the Philadelphia Fed, and Neel Kashkari of the Minneapolis Fed.  This will be the first time any of the three have […]

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The Year Ahead for the Gold Market

January 3rd, 2017 by

For the first time since 2012, the gold price moved in a positive direction in 2016, gaining over 8% in terms of U.S. dollars. This followed three consecutive losing years. This development came despite the dollar surging to a 14-year high toward the end of the year. In fact, when measured in other currencies, the […]

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The Richest Got Richer in 2016

December 28th, 2016 by

In what was a year marked by surprising results from elections and referenda around the world, 2016 saw its fair share of volatility in the financial markets. Naturally, some investors cashed in substantially. By and large, the winners were people adding to their already fabulous fortunes.

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Is Gold Poised for Turnaround in 2017?

December 23rd, 2016 by

Without a doubt, 2016 has been a volatile year for gold prices. It’s been a year of erratic trading in the gold market, to say the least. After surging more than 25% during the first half of the calendar year, the year-to-date gains for the yellow metal have dwindled to just over 6%. After this […]

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The Irony of Dow 20,000

December 13th, 2016 by

Remember those hats, t-shirts, and other apparel that suggested various targets for the Dow Jones Industrial Average? As the Dow Industrials index approaches 20,000 for the first time ever, it’s amusing to take a look at the irony inherent in the stock market exuberance that these targets embody.

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Deutsche Bank Settles Gold Manipulation

December 6th, 2016 by

The massive German lender Deutsche Bank (DB) has been struggling mightily this year, watching its stock price crater roughly 30% year-to-date. (In fact, DB has lost more than 50% of its value in the past five years.) The company has been plagued by one round of bad news after another in 2016, drawing negative attention […]