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Throughout recorded history, true money has been defined as a tangible item accepted for exchange and considered to have value. Diverse items ranging from tulip bulbs to seashells to weaponry have been considered money at some point in history. However, none of those items have stood the test of time. Neither have government issued fiat […]

Hundreds of years ago, early economists were puzzled by a quirk in pricing: why do some non-essential goods cost so much while truly essential goods cost so little? As an example, why are water and grain so cheap when they are so vital for human survival? Why are gold and diamonds so expensive when neither […]

Here at Jack Hunt Gold & Silver we are frequently asked about the pricing and availability of “fractional” gold coins. By definition, fractional gold coins are bullion coins that weigh less than one troy ounce. Types of Fractional Gold The most popular fractional gold coins are the U.S Gold Eagles which, in addition to the […]

Recently lawmakers in Idaho and Arizona have passed bills removing Capital Gains Taxes from transactions involving gold and silver bullion. Normally, when individuals sell gold or silver they must pay capital gains on any increase of the value of their precious metal investments. However, many consider precious metals, especially gold and silver, to be a […]

Grant Williams’ presentation from Mines & Money in London in December 2016. A follow-up to Nobody Cares which focuses on gold’s performance in 2016, the reaction to Donald Trump’s election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global […]

Government bureaucrats, central bankers, and Wall Street executives all have reasons for ridding the masses of their cash. It should be no surprise to anyone that they are working together to achieve that goal. But why? The self interest of bureaucrats is one factor, they don’t like privacy. They dream of the day when they […]

This year’s presidential elections may have serious implications for the gold market since historically elections tend to influence financial markets as a whole. There are several theories about such an impact. How presidential elections affect gold prices For example, according to the theory of the presidential election cycles, U.S. stock markets are weakest in the […]

When President Franklin D. Roosevelt issued an executive order in 1933 that outlawed the private ownership of gold coins, gold bullion and other forms of gold, the Federal Reserve suddenly had more gold on its hands than it knew what do with. Thus, the United States Bullion Depository at Fort Knox, Kentucky was born. The Fort […]

Market analysts usually point to market uncertainties as factors in the pricing of commodities such as gold and oil. The ‘Brexit’ referendum and the uncertainties surrounding it has gold investors in Britain and worldwide carefully weighing both sides of the issue and the possible consequences. ‘Brexit’ is an abbreviation of the term ‘British Exit’ which […]

Amid a world of negative interest rates and slow growth, investors have stepped up the demand for gold in record breaking fashion. Considering the uncertain global economic environment, investors can’t seem to get enough of gold right now, and there’s little sign that demand is letting up. That is the assessment from the recently released […]