Blog
-
Why Gold is Used in Electronics
In today’s technology-driven world, gold in electronics has become an integral part of the industry. Gold is known for its unique properties that make it ideal for various applications. This article will explore why gold is essential in electronics, how much gold is used, potential alternative metals, and the devices where gold can be found.
-
History of the US Dime
- June 5, 2024
- Posted by: Agbaje Feyisayo
- Category: US Dime
The United States dime, a small coin that has been in circulation since the inception of the nation’s monetary system, is a fascinating piece of history. The dime has played an integral role in the economic life of Americans for centuries, symbolizing both progress and stability. In this article, we delve into the history of
-
Fool’s Gold vs. Real Gold
- June 4, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Precious Metal
In the world of precious metals, few things are as intriguing and potentially confusing as the difference between real gold and fool’s gold. Fool’s gold, or pyrite, is a mineral that has deceived many gold seekers due to its similar appearance to the precious metal. This article will explore the distinctions between fool’s and real
-
Can I Buy Gold from Wells Fargo?
If you want to invest in gold, you might wonder if you can purchase it directly from Wells Fargo. The short answer is no. Like many major banking institutions, Wells Fargo does not sell physical gold. However, they offer other avenues for gold investment, primarily through Gold ETFs (Exchange-Traded Funds). Understanding the differences between physical
-
Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrained
According to a survey, Wall Street anticipates gold prices could challenge $2,500 next week, while Main Street sentiment is more restrained. This week, the gold market faced significant economic data and in-depth Fed commentary, leading to one of the most dramatic moves for precious metals this year. Spot gold began the week trading at $2,361.17,
-
Gold surges past $2400 amid multiple bullish catalysts
- May 20, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Gold prices soared past $2,400 on Friday, driven by a confluence of favorable factors that propelled the precious metal to new heights. June 2024 futures settled at a record $2,419.80, up $39 or 1.64%. Spot gold mirrored this rise, climbing $41 or 1.78% to an all-time high of $2,417.50. This remarkable rally was primarily fueled
-
How Stormy Daniels, hypothetically, could have doubled her Trump payment with Gold
- May 16, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
In politics, few stories have captivated the public’s attention quite like the saga involving Stormy Daniels and former President Donald Trump. On October 8, 2016, Stormy Daniels, an adult film actress, received a payment of $130,000 from Trump’s then-personal lawyer, Michael Cohen, to keep quiet about an alleged affair with Trump. While this payment made
-
U.S. Treasury Printing Dollars at a Rate of $2 Million per Minute!
- May 10, 2024
- Posted by: Eddy
- Category: Gold, Gold Investing, Gold IRA
For the first time in nearly a generation, fixed income is living up to its name, which is a consequence of benchmark rates jumping from 0% to 5% over a span of two years. Even though Wall Street seems fixated on “when” the Fed will reduce interest rates, some Fed Board members have indicated not
-
Gold price keeps moving around $2,300
Gold prices have been oscillating around the $2,300 mark, seemingly ensnared in a stalemate that may entice some investors to liquidate, potentially suppressing prices in the short term. This current state of affairs is primarily a result of investors eagerly anticipating more definitive signals from the Federal Reserve, as the likelihood of a rate cut
-
Gold price rebounds on downbeat NFP data, eyes on Fedspeak.
Gold prices rebounded during the European session on Monday, breaking a two-day losing streak. This was in response to the market’s digestion of the U.S. employment data, which was weaker than expected. The U.S. Nonfarm Payrolls (NFP) report, a significant economic indicator, has increased the likelihood of a September rate cut by the U.S. Federal
How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!