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Welcome to 2021

Happy New Years! Since Covid-19 came on the scene in the US, the price of gold has skyrocketed to almost $2,000 per ounce. The US dollar has fallen 9% since March, leading to a run on gold by those concerned about the future of the greenback. Since February, the nation has seen a $3 trillion increase on the Federal Reserve’s balance sheet, raising alarm bells for impending inflation as the economy opens up. With no viable solution in sight, demand for gold will continue to rise, boosting value and making it a portfolio necessity in 2021.  Biden’s win, combined with a possible divided government, is likely to create uncertainty around the size of future fiscal stimulus measures and a boon to safe haven assets like gold. Investors should consider real gold assets given the Federal Reserve … Read More

Inflation Creating a Buy Gold Event

Mitch McConnell said Wednesday that “we need another rescue package,” and that he hopes one can be done “before the end of the year.   The democrats want a $2 trillion to $3 trillion stimulus package. Any McConnell-approved plan would be less than what a Democratic-led Senate would endorse, but markets still expect it to be significant. This is on top of $4 trillion the Fed printed and handed out earlier this year. Keep in mind this is only the United States we are discussing, There are many other governments around the globe doing the same. The outcome has no choice except to cause inflation. When inflation rises, the value of currency goes down and people tend to hold money in the form of gold.  In times when inflation remains high over a longer period, gold becomes a tool to hedge … Read More

United States Mint Press Release

Join us in recognizing the work of U.S. Mint Medallic Artist Michael Gaudioso. A graduate of The University of the Arts and New York Academy of Art, Michael executed the sculpts required to produce numerous coins & medals including the reverse of the 2021 American Eagle Silver Coin . Watch for the pre-release coming soon from American Rare Coin. … Read More

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