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Gold Stocks vs Physical Gold
- April 17, 2024
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsInvesting in gold has long been a popular strategy for individuals seeking to diversify their portfolios and hedge against economic uncertainties. Two common ways to invest in gold are purchasing physical gold, such as bullion bars and coins, or investing in gold stocks. This article will provide a thorough analysis of gold stocks vs. physical
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Investing in Gold for Beginners
As the oldest precious metal known to humans, gold has been revered throughout history for its inherent beauty and corrosion resistance. It doesn’t tarnish or corrode, and its color never fades. This intrinsic value has seen it serve as a universal currency throughout centuries, and it remains a symbol of wealth and stability today. One
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Gold prices hit a record high. What’s behind the surge?
On Friday, gold prices surged to a record high, marking a significant milestone in a remarkable 17% rally this year. Notably, the pace of gold’s price increase has outpaced the growth of the S&P 500— a widely used benchmark for most 401(k) plans—by more than double, underscoring the strength of the gold market. Experts attribute
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Gold Mines in Alaska
Alaska, the largest U.S. state by land area, is teeming with mineral resources, and gold is no exception. The ‘Last Frontier’ has a rich gold mining history that dates back to the late 19th century with the famous Alaska Gold Rush. Today, there are hundreds of known gold deposits in the state, but the number
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Purest Gold Coins
Gold, as a metal, has been a symbol of wealth, power, and prestige for millennia. But not all gold is created equal. The purity of gold coins plays a pivotal role in determining their value and desirability among investors and collectors alike. In this article, we delve into the intricacies of gold purity and showcase
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Early Withdrawal Penalty
- April 10, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold, Gold Investing, IRA
Regarding retirement savings, the temptation to dip into your account before retirement age can be alluring, especially during financial emergencies or moments of uncertainty. However, early withdrawal penalties and their associated costs are designed to discourage such actions. This article explores the significant financial repercussions of early retirement account withdrawal. What is the 401(k) Early
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30% Upside as Fed Cuts Interest Rate
Amidst the stock market’s record-breaking ascent, gold, a steadfast refuge for investors, has also been on the rise. Last week, gold prices reached an unprecedented $2,328.7 per ounce. This surge, according to renowned economist David Rosenberg, president of Rosenberg Research, could propel gold to a staggering $3,000 before the next business cycle shift, marking a
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Is Gold Malleable?
- April 6, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
In its purest form, gold is indeed one of the most malleable metals known to humanity. The term “malleable” means capable of being extended or shaped by beating with a hammer or by the pressure of rollers. For example, a single ounce of gold can be hammered into a sheet that covers approximately 100 square
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Is Gold From Space?
Humanity has been captivated by the alluring shine and unfading beauty of gold for centuries. But the origins of this precious metal are much more otherworldly than you might imagine. To answer the question directly – yes, gold is from space, and its creation involves cosmic events of an unimaginable scale. Where Did the Gold
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Are Goldbacks a Good Investment?
Goldbacks are an innovative form of physical currency created by Aurum. They are thin layers of gold sandwiched between two sheets of polyester, making them durable and eye-catching. Unlike traditional gold coins or bars, Goldbacks are designed for small transactions, with denominations as low as 1/1000th of an ounce of gold. This creates an accessible
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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!