Latest News

An Outside Perspective on the Rare Coin – Third Party Comments on Crypto Traders Coming in the Rare Coin Market.

Hello from Texas,  We normally voice our own opinion here at rarecoinpros.com From time to time it's nice to get perspective from a third party. Take a minute to read some excerpts from Charles Passy's 1.15.22 MarketWatch article. The beauty of this article is; it cements the fact that new money coming in puts pressure on a market that has a static supply of product. Which in turn helps prices go up. This is paper money turning into gold and silver-real value assets, not numbers on computer screens. With prices for some rarities in the millions of dollars, collectible coins are becoming a hot item The numismatic market has seen tremendous growth since the start of the pandemic, with cryptocurrency investors even joining the bandwagon While investors continue … Read More

Inflation Reached 31-Year Highs in October

Jerome Powell suggests it’s time to stop describing inflation as ‘transitory’ So now we know...Inflation isn’t going anywhere — but prices certainly are. The latest Consumer Price Index for October recorded a 6.2 percent increase.  It's the largest increase in over 30 years and far outpaced economists’ expectations of a 5.9 percent spike. October's data represents months of faster rising prices, compared to levels the U.S. economy has seen in years.  Consumers are starting to notice the increasing bite that rising food prices are starting to take out of their monthly budgets. Nearly 60 percent said that grocery stores were where they saw the most dramatic price increases. According to an October survey of US consumers by Bank of America Global Research,“Inflation hurts Americans' … Read More

Watch Me Pull A Massive Spending Bill Out Of My Hat!

Before the morning sun painted my Texas sky with an artistic hue of orange and yellow, I began the daily jaunt through my favorite sources of information and written opinions. I have a cache of writers and news sources I respect and trust to have the insight necessary to prepare for the coming barrage of questions I am faced with daily. I read both sides of opinions on arguments that shape our current landscape of societal and economic chaos.In trying to make sense and direction of the mass of information, true, and mis, I am reminded of a good friend of mine who is quite adept at the art of magic. One evening, after a casual display of his sleight of hand, in summary, he explained to me that the key to illusion was distraction. To understand the “trick” you must pay attention to what your … Read More

More Posts from this Category

Precious Metals Spot Prices

* Prices updated twice daily.

NEW ORLEANS MINT GOLD COINS

American Rare Coin and Bullion