Karat Chat




The Republic Bankruptcy: Frequently Asked Questions

Posted by Frank Curren on Nov 15, 2018 16:11:26 PM

News of the bankruptcy of Republic Metals Corp., a large Florida precious metals refinery, and its affiliate, has rocked the precious metals industry. Read Pease & Curren’s initial analysis of the bankruptcy here. Since that first post, a number of our colleagues and customers have been trying to understand what this means for them and […]

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News: Republic Metals Corp. and Republic Refining Corp. Files Bankruptcy

Posted by Frank Curren on Nov 05, 2018 18:12:27 PM

The Precious Metals industry has been rocked by news that Republic Metals has filed for Chapter 11 bankruptcy protection in the Southern District of New York as of Friday, November 2, 2018. The bankruptcy filing will give the company protection from its creditors in the immediate term as the company works on restructuring its business […]

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Is Gold Forever Tarnished?

Posted by Jill Bibby on Oct 30, 2018 14:44:15 PM

The Federal Trade Commission (FTC) has recently made some major changes to the FTC Jewelry Guides, lowering its standards about what may be sold as “gold jewelry”. Federal law generally prevents marketers from making unfair and deceptive claims about their products. The FTC guides provide instructions to the jewelry industry about what will and will […]

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Preparing for the Holidays in the Age of the Robots

Posted by Frank Curren on Oct 17, 2018 12:15:22 PM

With trick-or-treating still on the horizon, it is hard to believe that online retailers like Amazon are already starting to prepare for December’s holiday rush. As witches, vampires, and candied apples are filling the shelves of America’s convenience stores, legions of robots have invaded its warehouses and e-commerce fulfillment centers, the Wall Street Journal reports . […]

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Looking for someplace to put your money this Monday: Gold is it

Posted by Jill Bibby on Oct 15, 2018 14:49:09 PM

Gold is at a 10 week high this Monday morning. September numbers for retail sales are in and they are disappointing.  In addition, emerging market stocks are getting hammered. The volatility index for GOLD has been at a 10 as of late, but it is now at a 12.  If you are looking for someplace […]

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Merger Brings Optimism Back to the Gold Market

Posted by Jill Bibby on Sep 27, 2018 15:42:47 PM

All eyes in the precious metals industry are on the mega-merger  between mining giant Barrick Gold Corp. and rival Randgold Resources Ltd. The all-share deal, announced yesterday, will make Barrick into the world’s largest gold company by production when the deal closes in the first quarter of next year. Markets reacted positively to the news, with […]

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Riding the Rebounding Retail Jewelry Market

Posted by Jill Bibby on Sep 11, 2018 12:29:38 PM

After last year’s record number of store closures, our jeweler friends will be happy to know that the American retail is finally rebounding. Tax cuts have left more discretionary income in consumers’ wallets. Luxury retailers, such as jewelers, stand to benefit the most . Relationships are key Because Amazon has so changed consumers’ expectations, the brick and […]

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Buying Trends for Gold & Guns

Posted by Jill Bibby on Sep 04, 2018 16:02:47 PM

Our friends in the pawn industry know firsthand that consumer buying trends are notoriously hard to predict. Today’s Wall Street Journal has a story about one of those times when consumer behavior has seemed downright counter-intuitive. Whatever side of the political aisle you happen to be on, you probably expect that the election of Republicans […]

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Baby Boomers, Gold, and Taxes

Posted by Jill Bibby on Aug 22, 2018 12:00:33 PM

I had a conversation with a relative of mine the other day who was asking about precious metals prices, he mentioned he has been “stockpiling” gold bars and coins for years. I got to thinking, if you are a Baby Boomer (like my Uncle) who bought gold back when he was about 25 years old in 1975 […]

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Could Cryptocurrencies Fall Mean A Rise for Precious Metals?

Posted by Jill Bibby on Aug 15, 2018 15:25:46 PM

Wall Street Journal headlines today “Digital Currencies Tumble”. The piece details a drop for digital currencies by 70% since January 2018. Of the top 100 cryptocurrencies by market value, 98 were down over 24 hours according to research site CoinMarketCap. Sharp declines and rises are nothing new to digital currencies but they were hyped up […]

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