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A-Mark Precious Metals (founded in 1965 as A Mark Coin Company) [1] is a precious metals trading company. It was the first company allowed to make and sell coins from the metals recovered in the shipwreck of SS Gairsoppa. [1] A-Mark is traded on Nasdaq and is a Fortune 500 company as of 2021. [3]
Goldline, LLC was a retail seller of gold and silver coins, and other precious metals for investors and collectors. [1] Goldline traced its formation to a Deak & Co. subsidiary created in 1960, a firm that in the late 1970s was the largest storefront gold retailer and later went into bankruptcy in the 1980s.
Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. [1]
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For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
However, the price of silver plummeted 58% in October 2008, along with other metals and commodities, due to the effects of the credit crunch. [15] By April 2011, silver had rebounded to reach a 31-year high at $49.21 per ounce on April 29, 2011 due to concerns about monetary inflation and the solvency of governments in the developed world ...
A-Mark (AMRK) delivered earnings and revenue surprises of 50.78% and 4.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?