Precious Metals

Gold is the Only Currency with a 5,000-year Track Record

Gold has been used as money for thousands of years. Egyptian pharaohs were buried with their gold; the Roman Empire used gold as money during its reign as a world power; Spanish conquistadors pillaged the New World for gold; the California Gold Rush attracted people from all over the world. During times of chaos, many […]

Three Rare Gold Coins Sought After by Collectors Worldwide

Great investment in the gold market aren’t always in gold bullion itself. Some rare coins double and triple in value in short periods of time. Midas Gold Group is not only the nation’s #1 veteran-owned gold dealer trading over $100 million in precious metals but is also a full-service gold specialist for many investors.

Important New Developments in Gold

The US economy just posted its largest fiscal deficit on record according to Bloomberg. The budget shortfall more than tripled to $3.1 trillion, swelling the national debt to exceed the entire US economy. The deficit as a share of the economy surged to 16%, the largest since 1945. Gold hit an all-time high in August. […]

Three of the Most Valuable Coins out there

Coins have been a method of payment since the 6th or 5th century BCE. Always a store of value, the invention of coins has been surrounded by mystery. Herodotus claims the first coins were minted by the Lydians. Aristotle claims the first coins were minted by Demodike of Kyrme. In 1792, the American Congress passed […]

Gold and Silver Pullback off All-Time Highs

Markets are starting to shake. The summer is over and a Presidential election is around the corner. No one is exactly sure when the pandemic situation will go away. The economy is limping and could take a serious step back from a possible recovery. In such an environment of uncertainty, precious metals should be a […]

A Gold IRA Can Save on Taxes and Protect Your Retirement

Over the past year, the gold price has moved from roughly $1,400 an ounce to over $2,000 per ounce. Markets need time to rest or pullback after such a big move to provide strength for the next move up. As the gold price settles down waiting for the next stimulus package, it’s a great opportunity […]

A Quiet Week for Gold, but Interesting Headlines

Gold hit an all-time high recently around $2,080 per ounce. The yellow metal closed at $1,935 an ounce before the volatile Labor Day holiday on Monday. Stocks took a big hit after a tremendous run since April and were probably extended for sure. The question facing most investors is where do we go from here? […]

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