Blanchard and Company Inc. recently placed one of the rarest intact U.S. proof sets in existence – the 1843 John Jay Pittman three-coin gold collection. [ Read more… ]
With the amount of volatility in the financial markets, it is hard to look too far into the future. Investors, as well as the government, are purely looking in the short term when it comes to the economy. However, if the past has taught us anything, to do well in investing, one must look beyond the short term. [ Read more… ]
Investors were caught off guard Wednesday, as the Federal Reserve moved towards a "quantitative easing" policy. This type of policy is designed to lower borrowing costs for consumers and get credit flowing more freely again. By doing this, Chairman Ben Bernanke signaled his determination to avoid a repeat of the Great Depression and his willingness to pump as much cash into the economy as needed to end the current crisis. [ Read more… ]
Verbatim excerpts from the Union Bank of Switzerland’s UBS Investment Research which discuss the future prospects for gold.UBS has the following to say about gold’s future price and the possibility of the creation of a new gold standard thatwould include gold confiscation (“the implementation of restrictions on the private ownership of gold”).[ Read more… ]
In a tumultuous year for financial markets, it is noteworthy that rare coins outperformed all other assets considered, including gold, by a significant margin.” From “The Investment Performance of Rare U.S. Coins” By: Raymond E. Lombra, Ph.D. [ Read more… ]
There are three reasonable ways for individuals to diversify their investments through exposure to precious metals: they can invest directly in the physical metals; they can buy shares in a mining company; or they can purchase units of interest in one of several ETFs traded on stock exchanges. (We strongly recommend against a fourth method, that of transacting in futures contracts, which we believe exposes the individual investor to unacceptable risk.)
