US inflation increased by the fastest one-month pace since July 2008, rising 0.2 percent in February from a year ago, the Labor Department reported Wednesday. Consumer prices rose 0.4 percent last month as energy prices pushed the cost of living higher for the second straight month. A surge in gasoline prices at the pump accounted […]
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Following five months of consecutive declines, consumer inflation climbed in January at the same time annual inflation stood flat for the first time since 1955, the Labor Department reported Friday. Consumer prices in January rose 0.3 percent. The increase is due mostly to higher energy costs, which jumped 1.7 percent and were led by a […]
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U.S. consumer prices slid lower again in December, falling 0.7 percent and setting the 2008 inflation rate at 01. percent for its smallest gain since 1954, the Labor Department reported Friday. It was the third consecutive monthly decline for the Consumer Price Index (CPI), which measures inflation at the consumer level. The government’s report shows […]
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On behalf of everyone here at CoinNews, we wish you the absolute best for 2009. 2008 was a spectacular year and we’d like to extend a special thank you for the many contributors that have helped make CoinNews a hangout for so many collectors from around the world. For all, thank you so much for […]
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Consumer prices in November fell by a record pace for the second consecutive month, the Labor Department reported today. The closely watched Consumer Price Index fell 1.7 percent, marking its biggest decline since the government began adjusting the CPI for seasonal factors in 1947. The government’s report shows the annual inflation rate at 1.1 percent […]
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US inflation fell for the third consecutive month as it eased to 3.7 percent in October from a year ago, the Labor Department reported Wednesday. Consumer prices plunged 1 percent, the largest drop in 61 years, as energy price declines led the retreat. Lower inflation generally makes inflationary-hedge investments in commodities like gold less attractive. […]
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The collector’s eye is scanning for scarcer gold and platinum coins to purchase after the United States Mint’s announcement on Monday to slash future coins from its numismatic portfolio.
With 22 collector American Eagle and Buffalo gold and platinum coins to face elimination in 2009, opportunities have improved for several to rise in value based on that alone. And even more so for others after comparing their prices and sales figures.
But how did we get to this point? Also, what collector bullion coins are the best buy?
Read the rest of this numismatic news article »
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