News & Updates

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 … [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 … [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...]

Inflation and Gold

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 against inflationary conditions. This pushes gold prices higher in the inflationary period. Do we have, or expect to have, inflation? Take a look at what inflation really is. According to Wikipedia – “inflation is a sustained increase in the general price level of goods and services in an economy over a period of time”. This is generally caused by the devalue of currency.  The more of a product there is, the less it’s worth. In this case the product is the US dollar.  During the onset of covid 19 pandemic there was a 2 trillion … [Read more...]

Bank of America Calls Gold “Ultimate Store of Value” Raises Target Price to $3000 oz

The Fed cannot print gold , unlike every other asset. Bank of America has caught up with where we have been for the past few years. "As central banks and governments double their balance sheets and fiscal deficits, we up our 18 month target from $2000 to $3000/oz" We believe it's clear now that even Wall Streets agenda is lining up with all of those who have been calling that the biggest winner of the central bank insanity will be the "barbarous relic". Gold. Now with the Fed committing to do whatever it takes to prevent widespread panic and bankruptcies in the US, Congress injecting 5 plus trillion stimulus and economic growth at a crawl until there is a cure or vaccine inflation could rise even if GDP doesn't.  This economic climate … [Read more...]

Still a Buyer’s Market for Gold?

We have seen some unprecedented events around the globe over the past few weeks. Including “lock down” of 75 million United States citizens. Italy says Army will help enforce lockdown, effectively declaring martial law; might extend lockdown through early May. US, Mexico agree to shut southern border. These are just a few headlines that are plastered around news sites. This type of reporting is what we would definitely consider “geo-turmoil.” With the scary headlines there are some good news mixed in. It seems that there is a drug cocktail that is knocking the covid-19 virus back with some success. Hydroxychloroquine is the name of part of it. In an effort to support global response, the drug company Novartis, will donate up to 130 … [Read more...]

Three Pieces of a Balanced Metals Portfolio

Bullion coins Gold, Silver, & Platinum Bullion coins come in several sizes. They range from less than a tenth of an ounce to whole ounces. These coins are normally legal tender with a face value. The face value is largely symbolic. Bullion coins are almost always valued higher than their face value or denomination. Example: The Silver American Eagle has a $1 denomination but the content of the silver has been more than $19 for months at the time we are writing this. Bullion coins trade very close to the value of the metals that they contain. They could serve as means to barter if other forms of currency fail. 2. Semi Numismatic Coins - Pre 1933 United States Coin Semi numismatic coinage are US coins that have a small … [Read more...]

A Buyers’ Market for Rare Coins & Precious Metals.

In the 30 plus years I have been a professional rare coin dealer, only two things have remained constant. The market is cyclical.Long-term rare coins rise in value. In the early 1990s, according to some of the so-called experts, the rare coin market along with precious metals was over. Premiums were gone. Gold and silver were dogs. There was chatter that no one would ever buy another rare coin to attempt profit, for wealth preservation, or to transfer wealth to future generations. This, of course, all turned out to be hogwash. We have seen coins go from that point to record highs. Then we saw premiums on some coins slip to the point where we are now. The fact is, we are overdue for the next true bull market in rare … [Read more...]

Sell us your Rare Coins-we are buying!

American Rare Coin and Bullion is buying rare United States coins. We will, of course, buy as many coins as we can this summer to get our inventory heavy enough to make it to the next major show. This is the time of year that we reach out to our clients to buy rare coins more than any other! If you have coins that you have been considering selling, please give us a call. We are always interested in buying rare United States gold, silver and copper coins. If  you want or need to sell your coins - call us. We will pay strong premiums for coins certified by PCGS and NGC.  There are many other areas that we have focus in for individual collectors with specific wish list. Here is what we buy: All pre 1933 gold coins in any … [Read more...]

Buying the Dips in Precious Metals prices

The long-term price trend for gold, silver, and platinum has been steadily upward with short-term ups and downs.  Gold increased by $340.70/ounce over the past 12 months. What investors should be looking at is the steady upward trend over months and years. This “steady-upward trend” is what should matter to investors who want to diversify their portfolios by replacing a percentage of paper assets such as stocks and bonds with precious metals. Gold has taken a few hits this week due mostly to the activity on the political front. China trade talks look  to be coming closer to a deal, which has pushed gold prices down. Last apparently saw a large sell order which may have also sparked a decline in prices. What does this … [Read more...]