In the precious metals world, karat is an important way of expressing the purity of gold. But it isn’t the only way. There’s also fineness (sometimes called millesimal fineness), which conveys the precious metal content of gold in parts per thousand. For instance, a fineness of 750 translates to 75% gold, or 18k. You will…
Buying Gold: The Difference Between Karats and FinenessDetailsIn the early 1960s, the U.S. faced a dwindling supply of silver that threatened to elevate the demand of coins such as the dime and quarter—coins that at the time contained actual silver—beyond their face value. The Coinage Act of 1965 aimed to address this shortage. This silver shortage spurred people to hoard significant amounts…
What to Know About the Coinage Act of 1965DetailsYou can say that National Coin Week 2019 is out of this world. That’s because this year’s National Coin Week theme is “Discover the Past, Envision the Future.” And space exploration is especially relevant, as this year marks the 50th anniversary of the Apollo 11 lunar landing. If this is your first National Coin Week,…
Discover the Past & Envision the Future During National Coin Week 2019DetailsYou can find many beautiful coins, but only a select few take your breath away. The Ultra High Relief Double Eagle Gold Coin is one of them, but what makes this coin so special? Learn the history behind high relief coins and find out how they can benefit your portfolio. Defining High Relief & Ultra…
What Are High Relief & Ultra High Relief Gold Coins?DetailsChina has been buying a lot of gold lately. As a matter of fact, they’re acquiring the yellow metal at a record pace. In March, the People’s Bank of China added 11.2 metric tons to their gold reserves. They added 9.95 metric tons in February, 11.8 in January, and 9.95 in December of last year. The latest figures put their gold holdings at more than 60 million ounces—earning them a place alongside the U.S., Germany, Italy, France, and Russia as having some of the largest…
Why China’s Secret Gold Binge Is an Overt Buy SignalDetailsTime is ticking on the debt clock. And the ticking keeps growing louder. Everywhere, it seems, debts are ballooning. Global debt tipped the scales at an all-time high of $184 trillion in 2017, according to the International Monetary Fund. Now, the Institute of International Finance reports that global debt is closer to $244 trillion. In…
Tick Tock: The World Is in Debt & Out of TimeDetailsSome people buy gold coins because they believe it stabilizes their wealth, as gold can protect your purchasing power in times of rising inflation. Other people buy gold as a form of legacy protection in order to pass down to their kids later on. Whatever the reason, buying gold can be a good thing for…
What Makes Gold a Strategic AssetDetailsLow interest rates are a good thing, right? Anyone with a car loan or mortgage payment understands the benefits of living in a low–interest rate environment—particularly if you’re old enough to remember the double-digit days of the 1980s when the Federal Reserve ramped up rates in an effort to stave off inflation. In October 1981,…
Too Low for Too Long: The Curious Case of the Federal Funds RateDetailsGold is gold is gold. Or is it? The potential of your precious metals portfolio could be significantly impacted by the purity of the gold coins within it—and yes, gold purity can vary. Learn the key differences between 18k, 22k, and 24k gold coins so you can choose the best product for your needs. Karat…
A Coin Buyer’s Guide to 18k vs. 22k vs. 24k GoldDetailsSo, you want an IRA. You also want physical gold. How can you combine the two to build your best retirement? The answer is a Gold IRA, but you want to get things right from the very beginning to avoid trouble with the IRS and maximize your portfolio potential. Learn four of the most important…
4 Facts About Gold IRA Storage You Need to KnowDetailsWe’ve always heard that gold has an inverse relationship with the stock market—meaning when the markets are down, gold is up and vice versa. But there have been times when stocks and the yellow metal rise and fall together, so the correlation is a bit more complicated than simply following a chart line. The truth…
Gold and Equities—A Tale of Two AssetsDetailsWhether you already have a Gold IRA or are seeking last-minute, tax-friendly moves to make with your money, there might be some benefits to Gold IRAs that you don’t know. Keep in mind that in a given year, contributions to Traditional and Roth IRAs must be made by that year’s April tax deadline. For 2019,…
Do You Know These 3 Tax Benefits of Gold IRAs?Details
