Blog
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Where Does My Gold Go?
- April 15, 2016
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsWhen you buy gold, silver, palladium, or platinum for your IRA, you’re not allowed to take physical possession of the precious metal until you begin distributions after the IRS-defined retirement age. Until then, IRS guidelines stipulate that the metals must be stored in a licensed and approved third-party vault or depository. But what is a
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Choosing an Investment for Your Retirement Portfolio: 3 Questions to Ask First
- April 13, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
When creating your retirement plan, a crucial step is evaluating the various investment options. When choosing an asset class, it’s important to consider your unique situation and goals. Everyone’s portfolio will involve different investments that coordinate with their own timeline and financial needs. Understanding your needs and goals can help you choose the right types
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How Baby Boomers Can Increase Retirement Savings
- April 11, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
Many baby boomers find themselves in need of additional money for retirement. There are a number of reasons why this generation may find themselves coming up short when it comes to retirement savings. People are living longer than their parents did; in addition, it may cost baby boomers more than it cost their parents to
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What Negative Interest Rates Mean for Gold Investors
- April 8, 2016
- Posted by: Orkan Ozkan
- Category: Gold Investing
In January, the markets were shocked when the Bank of Japan adopted negative interest rates; this followed the European Central Bank (ECB) doing so by more than a year and a half. A growing number of policymakers acknowledge that although below-zero rates may hinder the money-making ability of banks, they are willing to test the
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Retirement Tips for 40-Somethings
- April 7, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
Conventional wisdom states that everyone should start saving for retirement as soon as they get their first “real” job, but this dictum is rarely followed. Instead, student loans, the down payment on a house, starting a family, and other ordinary financial obligations that crop up in your 20s and 30s take precedence over a retirement
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Be Extra Careful When Buying Gold
- April 1, 2016
- Posted by: Orkan Ozkan
- Category: Buy Gold
Another scammer was arrested recently, this one in Kansas City, selling counterfeit gold bars on Craigslist. “Buy Gold at Spot!” is a common headline in such scams and just like “the check’s in the mail” I would hope that anyone receiving such a pitch would easily be able to realize the opportunity’s utter lack of
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5 IRA Mistakes to Avoid
- March 31, 2016
- Posted by: Orkan Ozkan
- Category: IRA
Setting up a gold IRA with American Bullion is the first step towards saving for a comfortable retirement. But the mere fact of opening an account is not enough to secure your financial future; you must also take a proactive role in managing your account and above all avoid making these 5 common IRA mistakes.
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What Kind of Precious Metals Can I Hold in a Gold IRA?
- March 23, 2016
- Posted by: Orkan Ozkan
- Category: Gold IRA
Precious metals IRAs are governed by strict IRS rules limiting the forms of gold, silver, platinum, and palladium that may be held in a retirement account. The two most prominent rules likely to affect average investors are the ones regarding fineness and collectible status. Specifically, the IRS stipulates that gold coins held in IRAs must
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Post-FOMC Report – Part 2 – Yellen
- March 18, 2016
- Posted by: Orkan Ozkan
- Category: Government
Just three months ago, the Fed was a veritable fountain of economic optimism, gushing with praise for the improving unemployment numbers and eager to implement the first interest rate increase and the first interest rate adjustment in more than seven years, with Dollar fortifying plans to continue increasing interest rates on a quarterly basis initially
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Post-FOMC Report – Part 1
- March 17, 2016
- Posted by: Orkan Ozkan
- Category: Government
The U. S. Federal Reserve’s Open Market Committee (FOMC) meeting concluded yesterday with no major changes. As I’ve been suggesting for weeks now, the Fed did manage to begin backing off of their aggressive talk regarding rapidly and frequently increasing interest rates. They still haven’t copped to it, but Fed realizes that the economy is
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Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!