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  • Retirement Savings on the Rebound

    • June 2, 2014
    • Category: Retirement

    The Principal Financial Group released research finding that retirement account savings are rebounding. Since the recession began five years ago, retirement savings have nearly doubled, rising by 93%. Individuals have been participating in retirement plans in larger numbers and putting more money into them since the market collapse in 2009, in correlation with the rising stock

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  • This Week in Gold: Retirement Fear, Platinum & Palladium, Coin Minting

    This week in gold, we revealed how serious the fear of running out of retirement funds is among Americans, why platinum and palladium have been performing so well recently, and how the American Gold Eagle Bullion Coin used to be produced and how it’s produced today. Americans Fear Running out of Retirement Money more than

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  • The History of American Gold Eagle Coin Production

    • May 29, 2014
    • Category: Coins

    Last week, the United States Mint released a collectable version of the 2014 American Eagle Gold Coin: the American Eagle One Ounce Gold Uncirculated Coin. The American Eagle Gold Bullion Coin is sought after by millions and is IRS-approved to be held in a gold or silver IRA. The U.S. Mint has struck over 13 million of

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  • Why are Platinum and Palladium Performing So Well This Year?

    • May 28, 2014
    • Category: Palladium

    Platinum and palladium have been performing extremely well so far in 2014. In a recent article by Seeking Alpha, Jeb Handwerger discusses the top reasons he feels platinum and palladium are outperforming the S&P 500. Below we summarize his seven reasons for this trend.  *Past performance is not indicative of future results The ongoing mine

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  • The Number One Fear Americans Have about Retirement

    • May 27, 2014
    • Category: Retirement

    Bank of America recently conducted their bi-annual survey in which 1,000 affluent Americans (having $50,000-$250,000 in investable assets) were asked about their “financial concerns, priorities and behaviors”. The report found that respondents fear running out of money for retirement more than public speaking, gaining weight, or going to the dentist. Interestingly, despite this fear, many

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  • International Developments Contribute to Gold’s Rise This Week

    • May 23, 2014
    • Category: News

    Just as Wednesday’s article suggested, gold responded positively to the news that India elected a new government that may further ease restrictions on gold imports. Gold ready for June delivery was up by $10.50 (or 0.8%), making yesterday’s gold price $1,298.60 an ounce. Silver also rose by 1.2%. Naeem Aslam, chief market analyst at AvaTrade,

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  • India’s Gold Demand May Double This Year

    • May 21, 2014
    • Category: News

    Remember from our article on 5 Interesting Facts about Gold Smuggling that India is the world’s largest consumer of gold, and that most of the world’s gold smuggling occurs there? This is due to strict limitations and high taxes on gold imports. Smuggling allows individuals to bypass those laws. However, gold smuggling may now slow

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  • What is the Relationship Between Gold and Oil Prices?

    • May 20, 2014
    • Category: Gold

    We’ve explained to you before the relationship between gold and inflation, but have you ever wondered about the relationship between the gold price and the price of other commodities, such as oil? James Steel, Chief Commodities Analyst at HSBC Bank, spoke with CNBC during its “Commodities Corner” segment about how oil price movement affects gold. To summarize

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  • Platinum Extends Gains Amid Mine Closings and Supply Concerns

    • May 19, 2014
    • Category: News

    Impala Platinum Holdings, the world’s largest platinum mine, recently announced that its production will be halted until at least the middle of this year, even if the dominant union, the Association of Mineworkers and Construction Union (AMCU), resolves the work stoppage soon. About 70,000 members of the AMCU have been on strike since January 23,

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  • This Week in Gold: Price Rebounds and Gold Smuggling

    This week in gold, we learned five interesting facts about gold smuggling and why the phenomenon is important, and saw gold and silver make a rebound on account of the violent situation in Ukraine and some mixed U.S. economic data. Gold and Silver on the Rebound The situation in Ukraine had another stroke of violence

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