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Silver prices edged up after the US Federal Reserve announced the first rate hike of the year and signaled at least two more increases for 2018 on Wednesday (March 21). The Fed lifted the target federal funds rate from 1.5 percent to 1.75 percent, sending the US dollar into a downward spiral and slightly lifting the price of silver. Despite declining 0.8 percent leading up to the Fed's announcement, the price of silver rose from US$16.42 per ounce pre-confirmation to reach US$16.56 after the hike was made official. Will Silver Go Up This Year? Find out why in your free report. Get My [...]

– Market turmoil as trade war concerns deepen and Trump appoints war hawk Bolton – Oil, gold and silver jump as 'Russia China Hawk' Bolton appointed – Oil up 4%, gold up 2.2% and silver up 1.6% this week (see table) – Stocks down sharply – Nikkei down 4.5%, S&P 4.3% & Nasdaq 5.5% – Bolton scares jittery markets already shell-shocked by US' tariffs against China – Currency wars and trade wars tend to proceed actual wars – Gold now outperforming stocks year to date (see table) Editor: Mark O'Byrne 1 Week Relative Performance (Finviz.com) Gold and silver have gained [...]

The 1787 Brasher Doubloon is one of the most important and historic of all American coins, and this past week it made headlines when it traded hands for more than $5 million in a private deal. The transaction, involving Heritage Auctions, Monaco Rare Coins, and an anonymous West Coast coin collector, reasserts the Doubloon as one of the most valuable American coins, placing it behind only the 1933 Saint-Gaudens double eagle, which sold in 2002 for $7,590,020 (including buyer's fee) and the 1794 Flowing Hair silver dollar, commanding $10,016,875 in a 2013 sale.   The details behind the sale of this [...]

On Wednesday, March 21, the U.S. Senate confirmed David J. Ryder as the 39th director of the United States Mint. The position had been officially vacant since Edmund C. Moy left it in January... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Silver prices edged up after the US Federal Reserve announced the first hike of the year and signaled at least two more hikes for 2018 on Wednesday (March 21). The Fed lifted the target federal funds rate from 1.5 percent to 1.75 percent, sending the dollar into a downward spiral and slightly lifting the price of silver. Despite declining 0.8 percent leading up to the Fed's announcement, the price of silver rose from US$16.42 per ounce pre confirmation to reach US$16.56 after the hike was made official. Will Silver Go Up This Year? Find out why in your free report. Get My [...]

– Gold gained 1.8% and silver 2.5% to $1,333/oz and $16.60/oz yesterday – Gold climbs as Fed increases interest rates by 0.25% – now 1.5% to 1.75% range – Dovish Fed Chair Powell plans fewer than expected rate hikes in 2018 – Markets disappointed at lack of hawkish comments from new Fed Chair  – Dollar LIBOR rises to highest level since November 2008 – $200 trillion worth of dollar-denominated financial products including mortgages based off LIBOR – Trade wars look set to escalate and Trump expected to announce tariffs on Chinese imports today Editor: Mark O'Byrne Gold in USD – 1 Week [...]

BY JOSHUA MCMORROW-HERNANDEZ, EDITOR The 225th anniversary of the United States Mint in 2017 ushered in many surprise “gifts” for coin collectors. These include the first appearance of Philadelphia's “P” mintmark on the one-cent denomination and the 2017 American Liberty 225th Anniversary Gold Coin, bearing the first-ever depiction on a coin of Miss Liberty with distinctly African American features. While the fervor over the Mint's 225th anniversary has settled since 2017, there is a 225th anniversary of a different kind that numismatists are observing during the spring of 2018. It was in early 1793 that the nation's first federally authorized coins [...]

Precious metals futures closed mostly lower Thursday. Gold was the exception, rising 0.5% and closing at a two-week high. Gold for April delivery added $5.90 to settle at $1,327.40 an ounce on the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Silver prices edged up after the US Federal Reserve announced the first hike of the year and signaled at least two more hikes for 2018 on Wednesday (March 21). The Fed lifted the target federal funds rate from 1.5 percent to 1.75 percent, sending the dollar into a downward spiral and slightly lifting the price of silver. Despite declining 0.8 percent leading up to the Fed's announcement, the price of silver rose from US$16.42 per ounce pre confirmation to reach US$16.56 after the hike was made official. Will Silver Go Up This Year? Find out why in your free report. Get My [...]

– Gold gained 1.8% and silver 2.5% to $1,333/oz and $16.60/oz yesterday – Gold climbs as Fed increases interest rates by 0.25% – now 1.5% to 1.75% range – Dovish Fed Chair Powell plans fewer than expected rate hikes in 2018 – Markets disappointed at lack of hawkish comments from new Fed Chair  – Dollar LIBOR rises to highest level since November 2008 – $200 trillion worth of dollar-denominated financial products including mortgages based off LIBOR – Trade wars look set to escalate and Trump expected to announce tariffs on Chinese imports today Editor: Mark O'Byrne Gold in USD – 1 Week [...]