Precious Metals

5 Reasons Why Gold Sales Have Spiked

Gold has historically been a hedge against economic volatility and crisis during times of financial turmoil. For centuries, investors and collectors have owned physical gold in order to have a potential hedge against inflation and an eroding dollar as well as have an internationally recognized financial asset in their portfolio. In our modern marketplace, financial crisis seems inevitable. Recently, international news headlines are nearly demanding that our society evaluates their assets. It was no surprise that gold futures rallied to settle at a fresh two-year high recently, while silver rose for a sixth straight session to top $20 an ounce. Prices for gold and silver metals have benefited from a rush to safety sparked by financial uncertainty from around the globe. Here are five reasons...

Will gold and silver make a run in 2017?

Ever since silver hit about $50.00 an ounce back in April of 2011, people keep wondering when the next gold and silver surge will happen.  Though it has gone up and down ever since it’s huge drop off shortly after it hit it’s redline at $50, it has never come even close to making it’s way back to the top. Will 2017 be the year gold and silver start to surge?  Well there are certainly a lot of reasons why that would be possible.  It’s not your typical year as a new, very controversial president has entered office almost exactly a month ago.  The first signs that gold and silver might go up found gold surging 5% overnight, up $60.00 an ounce when it was clear Donald Trump was going to be the next president.  It then lost all of it’s gains at close, actually slig...

Silver Eagles gaining popularity

One of them more popular collectible coins right now are the U.S. Silver Eagles. They were first minted in 1986, and having been going strong ever since, and now are in their 32nd year of production. Much like the silver Maple Leaf is Canada’s premier bullion coin, the Silver Eagle is the official silver bullion coin of America and is very popular! It’s no wonder it’s a popular collector and investor coin. Just take a look at her – she’s beautiful! The Silver Eagle is derived from the same design as the Walking Liberty Half, which is considered to be one of the most beautiful coins ever minted. Not only that, but each Silver Eagle has one full ounce of .999 fine silver. This means it will always have at least the value of the current spot silver price.  That m...

Gold and silver making a surge?

If you haven’t noticed, gold and silver have been quietly making some solid gains lately.  Over the past couple years, it seems that every time gold or silver start to get any momentum, it quickly comes crashing down in just a couple days.  That has been the story of gold and silver in recent years, however it seems that things may be changing. This upturn in the precious metals has been going on now for a few weeks, though it is not being talked about much.  Part of the reason is that the stock market is at an all time high of over 20,000, which is getting a lot of coverage lately.  Also, since gold and silver have done so poorly lately, no one is really paying much attention to it. Take a look at the chart below.  As of early afternoon on February 8, 2017, gold has risen $7.20 toda...