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In March of 2022, the London Bullion Market Association (LBMA) and the CME Group, Inc barred six Russian precious metal refiners from the London Good Delivery Lists for gold and silver. This move coincided with the US Treasury Department’s declaration that any transactions involving gold from Russia’s Central Bank are included in the full spectrum […]

Since President Nixon’s abandonment of the Bretton Woods System in August of 1971 the price of gold in US Dollars has been allowed to fluctuate from its previously set price of $35.00 per troy ounce. Since 1971 there have been both extended periods of gold price stability as well as several instances of rapid price […]

The United States Mint recently announced there will be new reverse designs for the popular Silver and Gold Eagle bullion coins in 2021. In 2021 both Silver and Gold Eagles will be celebrating their 35th anniversary which is one of the two oft stated reasons for the design change. The second and more likely reason […]

         The current global Coronavirus pandemic which is only now showing some evidence of winding down has already made an enormous negative impact on the U.S. and global economy. So-called experts are predicting future economic impacts ranging from a short-term recession to a lengthy world-wide depression. Most financial pundits agree that both the equities and […]

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 […]

Part 1: Why Own Physical Gold? As opposed to our usual format of discussing a hypothetical scenario, we thought an article along the lines of “An Intro to Gold Buying” might be in order. Both novices and sophisticated investors can benefit from a review of the basics. The following is a list, in no particular […]

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 […]

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 […]