The 1933 Saint-Gaudens Double Eagle is one of the world’s most famous and valuable coins, renowned for its rarity, historical significance, and beauty. Celebrated sculptor Augustus Saint-Gaudens designed the $20 coin at the request of President Theodore Roosevelt, who wanted to beautify U.S. coinage. Roosevelt sought a design that […]
Inflation Cools After reaching a 40-year high of 9.1% in June 2022, inflation in the U.S. settled at just 2.4% last September as the Fed’s aggressive rate hikes started delivering the desired results. As inflation cools, investors who flocked to safe-haven assets like precious metals over the last few years are […]
Over the last century, the gold market has, on many occasions, reacted to changes in fiscal policy, economic uncertainty, and shifts in international relations – all of which come with new administrations. From FDR’s abandonment of the gold standard in 1933 to the recent arguments over monetary policy and methods […]
Gold has long been favored by investors looking for a safe haven from economic uncertainty and a way to diversify their portfolios. Gold exchange-traded funds or Gold-Backed ETFs were created as an alternative way for investors to gain exposure to the precious metal. ETF Gold Bars In this article, we’ll […]
From October 22 to 24, 2024, BRICS held its annual summit in Kazan, Russia. Among other topics, the group was expected to discuss the potential creation of a currency that could significantly affect the U.S. dollar and the value of gold. To understand how a BRICS gold-backed currency could affect […]
This year, the spot price of gold hit a monumental record for the first time in history: $2,500 per troy ounce of the booming commodity. What makes this number so unique? This means that for the first time, a traditional 400-ounce gold bar is officially worth $1M and more – […]
What the Fed’s Decision Means for Gold & Silver in 2025 The Federal Open Market Committee (FOMC) meets eight times a year to discuss monetary policy, the most recent meeting being September 17-18, 2024. The FOMC is a branch within the Federal Reserve System that makes important decisions about interest […]
The world’s largest known gold nugget, “The Hand of Faith,” was discovered on September 26th, 1980, by a local prospector named Kevin Hillier. Finding the Gold Nugget Unearthing the nugget from only 6 inches below the surface in a field located in Wedderburn, Victoria, Australia, Hillier managed to stumble upon […]
Late every summer, a gathering of central bankers, economists, academics, and other financial luminaries takes place in Jackson Hole, Wyoming. They converge in this mountain resort town in the shadow of the Teton mountain range to discuss monetary policy, ruminate on the markets, and even do a bit of fly […]
Gold is one of the most recognized words in the world. However, little is known by the casual citizen about gold aside from its monetary value—more specifically, where it comes from. You can find some of the largest, most productive gold mines operating in every corner of the world. Interactive […]