Can Hyperinflation Really Happen?

CAN HYPERINFLATION HAPPEN IN AMERICA? Most people don’t believe that the US dollar could lose all value. After all, it’s been around our entire lives. But so has inflation. Personal experience proves that fiat money inflation makes everything we buy cost more dollars over time. That’s because fiat money is supported by the “Full faith and credit of the government”, meaning the government’s ability to accumulate more debt. Normally, with debt comes interest. When interest on the debt eats most … Read More »

Diamonds Vs. Gold As A Currency

Are diamonds a currency? Some investors would have you believe that diamonds are money. Diamonds may be a store of wealth, or they may not be. You may want to read this article and this article and then decide for yourself if diamonds are a safe store of value. This article, however, will discuss diamonds vs. gold as a currency. Diamonds Vs. Gold : Portability. Money must be portable. Diamonds are portable. There is no doubt about that. Diamonds are … Read More »

Common Counterfeits In The US

Counterfeit gold and silver coins can cost a buyer plenty of money. Paying for gold and getting lead can really hurt the bottom line. So can buying a rare American gold coin only to find out that the mint mark was changed, and that the coin is neither rare nor particularly valuable. As long as you purchase gold coins from reputable coin dealers like ITM Trading, the chances that you will be sold counterfeit gold and silver products is very … Read More »

A-Mark Bullion Update

7.19.2016. Just as the market was about to close this past Friday, news broke out of a military coup in Turkey.  Gold immediately rallied $15 as geopolitical concerns over the NATO-member attracted bids to the safe haven allure of the yellow metal.  It became apparent fairly quickly over the weekend that the coup had failed though and the gold market opened on Sunday afternoon $6 lower than where it closed on Friday.  With US equities still showing strength and the … Read More »

Banking Security Is Getting Hacked, Alot.

Old-fashioned bank robberies complete with a mask and a get-away driver are,well, old-fashioned. Really old-fashioned bank robberies involved at least a six-shooter, a horse, and a wayward cowboy. Today bank robberies happen much more often than you may realize, and oftentimes no one ever sets foot inside the bank being robbed. There are all sorts of new high-tech ways of robbing high tech digital dollars out of what are essentially low-tech banks. Banking security is not what you might think … Read More »

A-Mark Bullion Update

7.15.2016. The Bank of England kept its key interest rate unchanged at .50% and signaled that further stimulus will come in August to aid the post-Brexit economy.  Economists had factored in an 80% chance that Britain would lower its benchmark rate in the wake of the UK leaving the EU.  Its decision to maintain the status quo caught market participants off guard.  The precious metals were already on wobbly ground during the overnight Asian session and the announcement by the … Read More »

A-Mark Bullion Update

7.12.2016. With the Dow Jones and the S&P challenging all times highs, gold is finally showing some vulnerability and has traded lower for the second day in a row.  This past Friday’s strong US jobs number provided a sense of calm in the wake of Brexit and US equities have reacted accordingly.  Counter-intuitively, gold and silver also ran up on Friday even with the surprisingly good jobs figure.  They have since retreated but haven’t officially broken down… yet.  US 10-year … Read More »

A-Mark Bullion Update

7.6.2016. Despite the US being absent from the market yesterday for the July Fourth holiday, there was still plenty of movement in the precious metals.  In thin trading conditions during the Asian time zone, silver ran all the way up to touch $21.22 on the active September Comex silver contract.   The move was short lived though as silver almost immediately retreated, making a low of $19.55, only to recover back above $20 in choppy trading conditions.  The price action today … Read More »

A-Mark Bullion Update

As far as US equities are concerned, the fallout from Britain’s referendum to leave the European Union is already ostensibly an afterthought. Following a two day plunge for the Dow, it has now spent the last three days recovering nearly all of its losses from the Brexit decision. Even with US equities recouping losses, the precious metals have not lost any ground. Gold is consolidating above $1,300 and continues to attract safe-haven bids. Despite gold not yet reaching the $1,360 … Read More »

Silver Value Or Collector Value?

There are all types of things that people collect. Bert from Sesame Street collected bottle caps. I believe “Figgy Fizz” was his favorite one. In general, used bottle caps don’t have much value. There may be too many of them for rarity to be a factor. There may be no demand for a particular bottle cap, and that will make the value infinitesimal. While silver value has been relatively constant throughout American history, there are several things that people once … Read More »