patrick brunson presenting next to a yellow gold bar for market insights

Standpoints on the Gold Standard | USMR Market Insights

The removal of the gold standard, otherwise known as the “Nixon Shock” has been widely regarded as a political success, but also left Americans with an economic disaster on hand, in which the negative effects still linger to this day.  Standpoints on the Gold Standard- Video Transcription Patrick Brunson:               00:00 The removal of the…

Learn about the Coinage Act of 1965 and how it impacted American coinage and half-dollars

What to Know About the Coinage Act of 1965

In the early 1960s, the U.S. faced a dwindling supply of silver that threatened to elevate the demand of coins such as the dime and quarter—coins that at the time contained actual silver—beyond their face value. The Coinage Act of 1965 aimed to address this shortage. This silver shortage spurred people to hoard significant amounts…

Gold Bars on Top of The Chinese Flag

Why China’s Secret Gold Binge Is an Overt Buy Signal

China has been buying a lot of gold lately. As a matter of fact, they’re acquiring the yellow metal at a record pace.   In March, the People’s Bank of China added 11.2 metric tons to their gold reserves. They added 9.95 metric tons in February, 11.8 in January, and 9.95 in December of last year. The latest figures put their gold holdings at more than 60 million ounces—earning them a place alongside the U.S., Germany, Italy, France, and Russia as having some of the largest…