Latest on Silver and Gold News

As Coronavirus (COVID-19) continues to tighten its grip on societies around the globe, it seems that each day brings about a dizzying roster of headlines, ever more concerning forecasts on the outbreak’s impacts on human life, and unfortunately, an uptick in fraudulent schemes.

We have written before about how precious metals and certain types of annuities can help protect retirees against economic shocks like we are seeing today. 

A great example of such a vehicle is investment-grade pieces like the forthcoming 2020 Gold American Eagle Proof series.

Volatile equities are what we are already experiencing in U.S. markets as the coronavirus count of infections and deaths seems to be ever-growing.

We’ve designed a bullion selling process that is simple, straightforward, and secure.

As 2020 progresses, the anticipation of a possible change in the U.S. Presidency will have an increasing effect on precious metals prices.

As mid-February creeps near and the first quarter of the year officially reaches its halfway point, we’re feeling the urge to step back and take stock of how our 2020 goals are shaping up.

In the economic recesses of my mind, I recall a lecture by a university economics professor about “opportunity cost”.  There is a cost to purchasing and owning something that goes beyond the purchase price. 

Rounding out the month is our second American Eagle Launch of 2020! Released by the U.S. Mint on January 30, 2020, at 12 noon Eastern Time was the 2020 Platinum American Eagle Proof coin. Adding to the fanfare surrounding the launch is the fact that this year’s issue is the third and final installment of the special “Preamble to the Declaration of Independence” series.

In October of 2019 we alerted our readers to the possibility of entering a recession here in the United States, sometime in 2020.  This concern has begun to be expressed by American CEO’s that have their finger on the pulse of the business climate both here and around the world.  We thought it would be a good time to revisit this discussion, and update our interpretations of the latest data, and what it all means for precious metals.