Several Unique New Coins Now Being Released From The U.S. Mint As Part Of "America 250" Program

History shows us that past 50-year anniversaries of America’s founding in 1776 have created a strong increase in collector and investor interest in the rare coin market. That’s what happened in 1976, during America’s bicentennial celebration and 50 years before in 1926. Now, the same is happening again.

Where is Gold Headed or is it Just Taking a Summer Nap?

Although recent gold prices have been unable to break much above $4,200 yet, Ole Hansen, Head of Commodity Strategy at Denmark’s Saxo Bank, said he believes gold’s trend is shifting from liquidation (selling) to consolidation and base-building, which is setting a new price floor. Hansen joined Saxo in 2008 and has been the major bank’s Head of Commodity Strategy since 2010.

June and First-Half of 2026 Market Summary

Gold and silver rode a powerful bullish trend to all-time highs in late January, only to retreat after the conflict in Iran began, dropping below key support levels ($4,000 gold and $60 silver) in late June. Silver peaked at $114 on January 29, then retraced 50% to $57 on June 30 before recovering to almost $62 an ounce on July 2nd. Gold peaked at $5,586 (intra-day) on January 29, closing at $5,318 an ounce, dipping to $3,960 on June 30, but reaching above $4,140 by midday on July 2nd. Likewise, crude oil peaked at $119 per barrel on March 9, shortly after the problems in Iran erupted.

With Gold Over $4,000, Beware of Ever-More-Creative Gold Scammers

Even though the price of gold declined in June, the fact that it remains above $4,000 per ounce is bringing in more buyers and, unfortunately, a new army of gold scammers. In particular, the Epoch Times has reported a growing wave of gold-related scams that target vulnerable individuals, especially retirees. One of the most insidious examples is scammers posing as government officials (via phone, email or regular mail) demanding “urgent action” concerning alleged identity theft while coercing any potential victim to buy “private” gold or silver and arranging for a courier to collect the coins for “safe storage.”

Mid-Month Deficit and Inflation for June

Since the major inflation indexes and federal deficit figures are released between the 10th and 15th of each month, we plan to update those figures in the middle of each month, as the rising debt and higher inflation are two major causes of the weakening dollar and future gold gains.

Gold bounced back +7.7% over the weekend, from a low of $4,030 on Thursday, June 11, to $4,340 on Monday, June 15. Silver bounced back over 10%, from $63.75 in the middle of last week to just over $70 per ounce on Monday.

Central Bank Gold Buying Remains Strong but the Press Blames it on Loss of Faith in Trump!

If you think the U.S. press corps is mostly anti-Trump, you might be surprised to learn that the British press is far worse, as exemplified by the string of anti-Trump covers and major articles in The Economist. Recently, the British Telegraph commented on the rising volume of central gold buying with a political opening:

May 2026 Month-End (and Year-to-Date) Market Summary

Silver was the big winner among precious metals in May, while the other metals (as well as crude oil, gasoline and Bitcoin) declined. The U.S. Dollar Index was flat in May and year to date.

America 250’s Impact on the Coin Market

As I have mentioned several times over the past few months, there are several new coins being released by the U.S. Mint this year in celebration of America’s Semiquincentennial – the 250th birthday of the United States. Because of this, we are already seeing a surge in new rare coin collectors and investors entering the market – some are focused on the new coins coming, some are focused on pre-1933 gold coins and others are realizing the value of coins associated with our precious metals IRA program, featuring Gold American Eagle coins.

Central Bank Gold Buying Is Up 17% in First Quarter of 2026

Gold fell from $4,700 last week to under $4,500 this week before recovering about $70 per ounce on Wednesday, May 20th, to close at approximately $4,550. Gold’s decline is mostly a reaction (or an overreaction) to the temporarily high inflation numbers released a week ago.

Silver Leads the Way … Again

Silver leads the precious metals, year-to-date, and for the past 12 months … and last week, too: