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People Find Millions of Gold in Attic, Backyard
Do you know what’s in your attic or under your floorboards? If you live in an older house, it’s worth checking. After the bank runs and failures during the Great Depression ended, many Americans maintained a deep distrust of banks. Instead of depositing their savings into a bank, they hid it at home. Common hiding […]
The Strange Tale of The Borneo Gold Hoax
Can a man turn his gold wedding ring into a company with a $6 billion valuation? History tells us the answer is yes. This is the story of a Borneo gold mine and a man with a dream that became a nightmare. It’s the story of Michael de Guzman. Canadian geologist John Felderho gained recognition after […]
Attention Coin Collectors: Can You Answer These 4 Questions?
Investing in rare coins is not only fulfilling financially, it’s fun too. Owning a rare coin is the opportunity to walk back in history. Learn more about the era in which the coin was circulated and the rich heritage of the coin itself. Here are four questions. Let us know if you already knew the […]
Take Three: What Tariffs, Space and Fair Trade Mean for Gold
Want to make some gold? All you need are a few colliding neutron stars. Tariffs Call it the tariff tailspin. Trump has levied tariffs in an attempt to equalize the global trade playing field. The result: stocks plummeted. “Washington is going to dominate market action until Q1 earnings season kicks off in a few weeks,” […]
5 Surprising Facts about the Gold Standard
The history surrounding gold is centuries old. Gold coins were first struck on the order of King Croesus of Lydia, an area that is part of Turkey today. Gold coins were used long before paper money was ever introduced as a medium of exchange. By the late 19th century, many currencies around the globe were […]
Y2K: When Americans Stockpiled Gold
The latest Gold Rush wasn’t in the 1800s in California, but just a mere two decades ago. In the months leading up to January 1, 2000, anxiety and fear was spreading among even the most educated and wealthy in the world. Everyday Americans were stock piling canned goods, water bottles. Others were making escape plans, […]
Fed Signals Three Rate Hikes In 2018
The Federal Reserve hiked interest rates by a quarter percent as expected on Wednesday. That lifted the benchmark Federal funds rate to 1.50-1.75%. That move was widely telegraphed by Fed officials for months and markets were well prepared for the news. What surprised investors was an additional rate hike penciled in for next year. Key […]
Thrills, Spills, and Chills
A Thrilling Ride… On February 5th, the stock market fell out of bed and broke both legs. The Dow Jones Industrial Average fell by 4.6%. While equity markets hit free fall, gold climbed. This dynamic illustrates once again the risk-mitigating characteristics of gold. “The stronger the market pullback, the stronger gold’s rally,” remarked The World […]
Celtic Pride: Early Coinage as a Historical Record
Today we associate gold with investments and stores of wealth. However, a look at history reveals that gold had even more pragmatic uses. Some of the earliest Irish coinage served as payments from convicted criminals to victims or victims’ families. These early pieces of gold were rings, rather than coins. Coinage was a natural step […]
FDR to Americans: Stop Hoarding Gold!
The year was 1933. It was the height of the Great Depression. The average income of an American family had declined by 40 percent over the past four years. If you had a job you were one of the lucky ones. Bread lines and soup kitchens were common. It is estimated that half of all […]