In the wake of surging gold prices, Americans grapple with the uncertain economic outlook, exacerbated by mixed signals from the Fed and a fledgling dollar. In this week’s The Gold Spot, Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor John Karow cover grim warnings from a leading banking CEO, explain why China’s gold spree is ramping up, and implore Americans to act soon to protect their economic future. Jamie Dimon Warns of Economic Future JPMorgan Chase CEO Jamie Dimon recently issued a stark warning about the economy’s fate. As the leader of the world’s larges ..read more

Liquidity, or the lack thereof, known as illiquidity, is one of the most commonly overlooked factors when investors evaluate an asset’s desirability. While price stability, historical performance, and growth potential are all worthwhile considerations, the ease of converting an investment to cash at a fair market value shouldn’t be ignored. This characteristic can influence the flexibility of a portfolio which is crucial when responding to rapid market fluctuations or last-minute developments in your finances. Understanding the difference between liquid and illiquid assets can help investors c ..read more

Following a powerful rally throughout the beginning of the year, experts are revising their gold price forecasts. Since New Year’s Day, the yellow metal has continuously notched new highs as a confluence of geopolitical, economic, and political factors fuel its rise. Major banks, financial analysts, and precious metals experts were already bullish on gold going into 2024, but this surge has already shattered expectations merely a quarter into the year. Revisiting the gold price forecasts for 2024 and beyond can give investors a better idea of where this precious metal might be headed so they ..read more

Gold prices are taking a breather after a record-setting jump. Despite standing near unprecedented heights, gold isn’t showing any signs of slowing down. In this week’s The Gold Spot, Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Todd Graf explain the fundamentals behind gold’s historic rally, why big banks are revising their price predictions, and how investors should treat this dip. Gold Prices Remain Strong Following a massive rally, gold prices remain near a recent record high of $2,400/oz. The yellow metal sat close to $1,800 just over six months ago, marking over a 3 ..read more

Investors often notice a gap between the spot price of gold and the cost of pure gold assets. This discrepancy leads many to wonder how to buy gold at the spot price. After all, if this standard pricing mechanism determines the value of gold assets, the prices of bullion bars and coins should reflect it, right? In reality, the evaluation of gold and silver assets isn’t so straightforward. A full explanation of the difference between the cost of physical precious metals and the spot price requires an in-depth look at the inner workings of the metals market. Understanding the Spot Price & De ..read more

At first, the 1890 Silver Dollar might seem like a random selection out of the series’ lengthy history. After all, the Morgan Dollar enjoyed one of the highest production rates of American silver coins. However, an 1890 Silver Dollar is justifiably sought after by both investors and collectors alike. Its mint date corresponds with a crucial point in the rich history of Morgan coinage. Understanding the history and value of this iconic investment-grade coin can make it easier for investors to determine if it’s a good choice for their portfolios. Why is a 1890 Silver Dollar Rare? 1890 marked the ..read more

Silver bullion comes in a variety of assets including ingots, bars, and rounds. This dynamic range of options is a common source of confusion among investors looking to diversify with physical silver assets. All of these investment vehicles boast impressive silver purity and inherent value, yet there are some important distinctions that investors should be aware of before making a purchase. What is a silver ingot? A silver ingot refers to the casting of pure silver or a silver alloy into a particular shape that’s more convenient for further processing, storage, or distribution. These forms are ..read more

Gold is going to shock people. –Sr. Precious Metals Advisor Damian White Whether you’ve been in the market for decades or days, the past few weeks have been a completely new experience. The price ceilings have been shattered with gold on the move. Amid all the excitement, savvy investors wonder how long the ride will last. In this week’s The Gold Spot, Precious Metals Advisor Joe Elkjer and Senior Precious Metals Advisor Damian White explain the background of gold’s massive jump and how high the precious metal could go based on historical analysis. Gold Prices on the Move To the untrained ey ..read more

Whether you’re permanently relocating or making a temporary trip, there are many instances when you might have to fly with a significant amount of gold. This leaves many investors wondering: How much gold can you travel with? Most governments have specific rules for individuals traveling with gold (and clear punishments for violators) because it’s such a high-valued and sought-after asset. It doesn’t matter if you’re carrying rare gold coins, gold jewelry, or gold bullion in the form of bars or coins. Generally, there’s no limit to the amount of gold you can travel with domestically or interna ..read more

The gold standard might be a 20th-century development, but humanity’s economic history has gold veins running through it. In fact, the earliest use of gold as a foundation for trade dates back to ancient Mesopotamia in 2,500 BCE. Fast forward to today and virtually every corner of the world recognizes gold as standard currency, and it’s freely converted into and out of fiat currencies based on its weight. The gold standard played a crucial role in the meteoric rise of the US as an economic power, but it’s been virtually abandoned as of late. However, this valuable metal has proven to have trem ..read more