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February 03, 2016
Reprinted courtesy of The Silver Institute (Washington D.C. – January 28, 2016) Silver is prized primarily for its dual role as a monetary asset as well as an important industrial metal utilized in a wide-range of existing and growing applications. Factors driving the silver market include supply and demand fundamentals, global economic performance, geopolitical issues, […]
January 26, 2016
As global equity markets tumble, many analysts say it could be time for gold to shine once more as a safe buy in times of market turmoil. Spot gold prices are hovering just below $1100.00 per troy ounce as I write this, reflecting a modest 1% increase since January 1st. However, that 1% increase would […]
January 08, 2016
As many of you are well aware the Federal Reserve did as many expected on December 16, 2015, raising its key rate by .25% and announcing it will slowly raise rates over the next few years. Here at Jack Hunt’s we observed a noteworthy uptick in bullion sales in the days immediately following this announcement. […]
October 27, 2015
It appears precious metals are once again enticing investors. After ignoring gold and silver for much of 2015, investors added nearly $400 million to U.S. exchange-traded funds backed by precious metals through October 20th. That figure represents the largest ETF inflow since February. Bullion sales at both the U.S. and Royal Canadian Mints surged over […]
September 01, 2015
Recent depressed prices for precious metals have led to the usual market response, a surge in physical demand for bullion coins and bars globally. This is not only confirmed by the volume of our local and national sales of late, it’s confirmed by sales figures and production issues at both government and private mints and […]
July 07, 2015
Recently, Texas Governor Greg Abbott approved a law creating the Texas Bullion Depository, the first state-level precious metals depository in the United States. The bill would also allow Texas to repatriate approximately $750 million in gold bullion back into the state, gold allegedly stored in the Federal Reserve’s vaults in Manhattan. The law will go […]
June 18, 2015
The US economy hasn’t fully recovered from the last recession, what many have referred to as the worst since the Great Depression, but another economic downturn could be looming in the not too distant future, according to one prominent economist. In a recent article from the Financial Times, HSBC Chief Economist Stephen King commented on […]
April 08, 2015
Almost a century of tradition will disappear from the gold market as technology finally takes over. Thursday March 19th was the final day that traders at four Bullion Banks conversed by phone twice daily to determine the London Gold fix. The London Gold fix is used by miners, central banks, precious metals brokers and jewelers […]
March 11, 2015
Chart courtesy of www.macrotrends.net For many investors, the gold-to-silver ratio is one of many indicators used to determine the right (or wrong) time to buy or sell their precious metals. Other factors… including economic uncertainty, inflation concerns, fiat currencies and government debt have encouraged millions to invest in gold and silver. Yet to many the […]
February 13, 2015
We often hear this from potential customers who are relatively new to buying physical gold: “I want to buy gold, but I don’t want to pay the extra fees associated with gold coins…. I just want plain gold bullion.” Basically, this is just a misunderstanding of what gold bullion is. A common perception is that […]