The precious metal market has shown mixed performance this week, with modest overall gains following some more pronounced ups and downs. Both gold and silver opened well but then dropped sharply on Wednesday and Thursday. After that they picked up again, with silver managing to top its previous high but gold recovering more slowly. While […]
Bitcoin is unlike the traditional fiat currency system that we use today where all money is created and controlled by central banks such as the Fed or the European Central Bank (ECB). With Bitcoin, there is no central authority and as such is referred to as a “decentralized” peer-to-peer payment network. Broken down simply, you […]
Summer Savings! Now at Golden Eagle, all orders ship for a flat rate of $4.95. We’ve gotten rid of complex shipping tables and lowered the price to the lowest tier for everybody – regardless of the amount of your order. You’ll still receive the top quality service you’ve been used to, just for much cheaper […]
Being in the coin business for just about 40 years, we’ve seen a lot of markets and trends come and go. Bull markets, bear markets, the silver bubble (and crash) of 1980, the 2000’s commodities boom and more recently, the rise of graded coins. When PCGS came about and began offering grading coins as a […]
Put simply, the Gold Standard is a monetary system where a country’s currency is based on a fixed quantity of gold. For example, a country could set the price of one ounce of gold at $100 dollars and gold would be bought and sold at that price. This would effectively give $1 dollar the value […]
“Junk silver” is a loose term that is used throughout the United States, Canada, the United Kingdom, and Australia. It generally applies to any silver coin that is being collected or sold strictly for its silver content. Often times, these junk silver coins are worn, exhibiting scratches and nicks from being in circulation and have […]
Coin collectors always have one eye on the bullion value of their coins and may also directly collect bullion in the form of gold, silver and platinum coins and bars. The last few weeks have been turbulent times indeed for all kinds of investors. Cryptocurrencies collapsed, and now seem to be reviving, thanks in part […]
Gold & Silver Market 11-23-2015
The precious metals sector was confusing last week, with a mixed bag of performances and no clear pattern visible. The two big investment items, gold and silver, didn’t show a lot of movement. Neither did platinum, while palladium managed to rise. With the equities markets also rising quite strongly, propelled mostly by gains in defense […]
Gold & Silver Market 11-17-2015
Once again there were disappointing results right across the precious metals sector last week, although the scale of losses varied. Overall it was a worrying period, because metals managed to lose ground even though the equities markets fell heavily. Normally we’d have expected to see metals make a lot of ground in these market conditions, […]
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