It has been 10 years since the employees of Lehman Brothers stepped out onto Sixth Avenue carrying cardboard boxes and became the enduring symbol of America’s largest bankruptcy. What followed, as they say, is history. Markets collapsed, trillions in wealth evaporated, and big, splashy investment firms fell like dominoes. A decade later, former British Prime…
Another Economic Crisis? Here’s Why We’re Not ReadyDetailsAre Silver American Eagle Coins pure silver? How much are Silver Eagles? Why buy them? If you have questions about one of the U.S. Mint’s most popular coin programs, U.S. Money Reserve has answers. We’re America’s Gold Authority®, but we also know a thing or two about silver. Check out our easy to follow Silver…
10 Commonly Asked Questions About Silver American EaglesDetails“There was the greatest bubble I’ve ever seen in my life…. The entire American public eventually was caught up in a belief that housing prices could not fall dramatically.” Warren Buffett, testifying before the Financial Crisis Inquiry Commission, 2010 Ten years ago, we were deep in the weeds of the Great Recession when American homeowners saw…
Housing Bubble 2 and the Fog of EuphoriaDetailsThe West Point Mint is one of the highest security mints in the nation. It’s both a storage and manufacturing facility. What goes on inside this featureless concrete building surrounded by turrets? U.S. Money Reserve, America’s Gold Authority®, is here to give you a peek inside. Learn about the history of the West Point Mint,…
What Happens at the U.S. Mint at West Point?DetailsAccording to the Baker Library Historical Collection at Harvard Business School, the three Lehman brothers, Henry, Emanuel, and Mayer, emigrated from Germany in the 1840s and opened up a dry goods store in Montgomery, Alabama. During this time, cotton was a vital and high valuation crop and the brothers quickly began accepting raw cotton in…
The Match and the Powder Keg: The Fall of Lehman Brothers 10 Years LaterDetailsEvery year in July, the festival of San Fermín is held in Pamplona, Spain. San Fermin is the co-patron saint of Navarre who was martyred at the age of 31 and apparently dragged through the streets by a bull. Despite the fact that it was likely Saint Saturninus who actually met his fate in this…
There’s a Reason We Run from BullsDetailsIt’s somewhat fitting that the future of global monetary policy and the path of U.S. interest rates will be discussed in a place renowned for the Million Dollar Cowboy Bar complete with saddle stools, Wyoming Whiskey, and thousands of Morgan Silver Dollars embedded into the bar top. The Jackson Hole Economic Symposium is a yearly…
An Aging Bull and a Surging Dollar: High Stakes at Jackson HoleDetailsThe only certain things in life are death, taxes, and, one could argue, another financial downturn. Recessions are inevitable. Some economists believe they’re a natural outgrowth of business cycles. Others maintain that booms and busts reflect the inherent cadence of capitalism and a market economy. Still others assert that downturns represent an outgrowth of excess…
When—Not If—is the Next Economic Crisis?DetailsWhat if I told you that Goldilocks was not a fair-haired child but rather a horrid old woman apparently up to no good? What if I told you that the three bears were not as high-minded as they’re often portrayed but rather wild, ravenous, and a bit vindictive? In the Goldilocks tale first published by…
A Goldilocks Economy and the Real Story of the Three BearsDetailsEver wonder where your gold and silver coins begin their lives? How about your pocket change? America has official, coin-producing minting facilities from east to west, north to south. These facilities are some of the most popular and trusted coin minting facilities in the world. In order of date established, the mints are located in…
What Happens at the Four U.S. Mint Facilities?DetailsGet ready for the toxic TV commercials, mounds of election mail, and—depending on where you live—door-to-door vote trolling. The midterm elections are now mere months away, and while there’s a lot on the line for both political parties, there is even more at stake for U.S. consumers, particularly those watching their nest eggs. The midterm…
Under 100 Days Out—What the Midterms Could Mean for the EconomyDetailsBurnished. Is it a coin type? Classification? Grade? To “burnish” something means to make it shiny or lustrous, especially by rubbing. In the world of numismatics—the study of coins and currency—a burnished coin is more than a polished piece of gold or silver. The basics: What is a burnished coin? The burnishing process was first…
What is a Burnished Coin?DetailsYou have been signed up for price alerts for this product.
