U.S. Treasury debt has long been considered a “risk free” asset. Gold bugs hold a different definition of risk free, but for most of Wall Street and the investing public the assumption has been that there’s zero chance the U.S. government will ever default on its debt.
Gold and silver prices slid lower to close out the third quarter. Entering trading for the fourth quarter, the metals are back, once again, in the middle of the range where they have languished for more than three years.
Making an investment in physical gold and silver is easy. Insuring these new valuables stored at home is more difficult. It may be outright impossible in larger amounts.
There aren’t many bullion investors who haven’t thought about using their stash to buy groceries one day.
One of the most common questions we get from clients is whether they should buy either gold OR silver. Anyone researching an investment in bullion can find good arguments for owning either metal.
The future of money is uncertain, and speculation about what comes next is all over the place. The Federal Reserve note "dollar" is the world's reserve currency, but its seat on that throne is no longer secure.
We are one third of the way through 2023, and it has certainly been interesting in the bullion markets thus far.
Silver led precious metals markets higher last week.
The national news cycle has careened from one extraordinary and alarming story to the next.
The high-profile collapse of Silicon Valley Bank last week is a story about bad debt, just not in the way most people think.
Gold bugs started 2023 with high hopes after the precious metals sector showed impressive relative strength versus paper assets in 2022.
Something like the plot of Atlas Shrugged seems to be playing out across America.
Regal Assets, a somewhat prominent gold and silver dealer in southern California, is in serious trouble based on news released last week.
Joe Biden entered the Oval Office with relatively low approval ratings.
Americans will vote in the midterm elections next Tuesday.
The Federal Reserve finally stopped referring to inflation as “transitory” earlier this year and got serious about trying to control the painful rise in prices it has caused.
A new Money Metals client reported to us significant trouble retrieving of his silver American Eagles which were supposed to be held for him in a segregated storage account at another prominent bullion dealer.
Robert Leroy Higgins, owner of precious metals dealer Argent Asset Group and the First State Depository (FSD) in Delaware, is in hot water with the Commodities Futures Trading Commission (CFTC).
In August, demand for bullion had slacked a bit from the frenetic pace set over the past two years.
Donald Trump’s victory came as the first surprise for many around the world. The reaction in the markets was the second surprise.
Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent most of the past three weeks going nowhere fast.
It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals.
Metals investors wonder what this presidential election will mean for gold and silver markets. Since Nixon closed the gold window in 1971 and the years of price inflation that followed, presidents have largely ignored gold, the Federal Reserve, and other issues related to sound money.
Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday.