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May 4, 2021
As President Joe Biden pushed massive new spending initiatives in his address before Congress, investors shrugged off rising inflation risk. They pushed the S&P 500 up to a new record close on Thursday. Gold, meanwhile, continues to be capped under the $1,800 level – at least for the time being. Silver shows a slight weekly gain and trades a little over $26 per ounce. As trading closes out for the month of April, precious metals bulls will be hoping for a more fruitful May. Although...
February 16, 2021
Attention in the metals markets shifted this week from silver to copper and platinum. While big moves in silver and gold prices may be coming down the road, the monetary metals are currently taking a back seat to electrical and automotive metals. A massive push by the Biden administration to replace gasoline vehicles with electric vehicles is helping to crank up demand for copper. Anything involving electricity involves copper – and lots of it. Electric vehicles and their massive batter...
February 11, 2021
American Silver and Gold Eagle Proof Coins and IRAs IRA, or Individual Retirement Account. But what exactly is an IRA? An IRA is a tax-advantage investing tool used to earmark funds for one’s retirement. Though there are others, there are two main types of IRAs: traditional and Roth. Traditional IRA contributions are tax-deductible up to a certain amount, and when funds are withdrawn (which happens after the account owner is 59 ½ or older to avoid penalties), that money is taxed at the or...
February 9, 2021
Share this article Share this article AUSTIN, Texas, Feb. 8, 2021 /PRNewswire/ -- U.S. Money Reserve, Americas Gold Authority®, is honored to announce the exclusive release of the 2021 3-Coin Silver American Eagle Reagan Legacy Set. This set was exclusively released by U.S. Money Reserve on February 6, 2021, on what would have been President Ronald Reagans 110 th birthday. This exemplary three-coin set honors Ronald Reagans legacy as the father of the Silver American Eagle program. (PRNewsfot...
February 4, 2021
We were told that 2021 would be the year when everything starts to get back to normal. But that hasn’t exactly been the case, has it? It has been just over a month, and there is still chaos everywhere. We have seen a wild riot at the U.S. Capitol, civil unrest has been erupting in major cities from coast to coast, millions of people have filed for unemployment benefits, a president was impeached, and a crazy ride on Wall Street made “GameStop” a national phenomenon. That would...
February 3, 2021
The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January, due partly to pandemic-driven demand and plant capacity issues.
February 3, 2021
The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January.
February 2, 2021
* UK Royal Mint sees demand jump * India, China buying muted (Updates with comments from UK Royal Mint, SD Bullion; updates price reference) Feb 2 (Reuters) - A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand. Silver prices fell on Tuesday as a buying spree by smaller investors seen mainly in silver mining shares and exchange-traded funds fizzled out following a margin hike on fu...
February 1, 2021
4 Min Read (Reuters) - A retail investment frenzy in silver driven by social media has left dealers from the United States to Singapore scrambling for bars and coins to meet demand. FILE PHOTO: A quality control agent examines a 2013 enhanced silver eagle silver coin at the United States West Point Mint facility in West Point, New York June 5, 2013. REUTERS/Shannon Stapleton Silver prices extended their rally on Monday to an eight-year high as small investors answered calls on social media las...
January 19, 2021
New Silver Eagle Reverse Engraver Michael Gaudioso Inks Exclusive Signature Label Deal With NGC American Silver Eagle reverse, has agreed to sign certification labels exclusively for Numismatic Guaranty Corporation (NGC). The addition of Gaudioso is the perfect complement to NGC’s long-standing exclusive signature arrangement with John Mercanti, engraver of the original Silver Eagle reverse. To mark the 35th anniversary of the flagship bullion coins of the United States, the United States...