
Blog
-
Can Banks Seize Your Money?
- March 7, 2024
- Posted by: Agbaje Feyisayo
- Category: Financial institutions
No CommentsMoney is the backbone of our modern economy, and banks are the guardians of our wealth. We trust them with our hard-earned cash, assuming it is safe and secure. However, recent events and historic banking failures have raised questions about the safety of our money in banks. Can banks seize your money without your permission?
-
How Much Gold is in a Cell Phone?
If you’ve ever opened your cell phone, you would have noticed the gold-colored components. There is actual gold in your phone, used because of its excellent conductivity and resistance to corrosion. However, the amount of gold contained in a phone is smaller than one might expect. On average, a smartphone might have around 0.034 grams
-
How much gold can you hold in a retirement account?
- February 28, 2024
- Posted by: Agbaje Feyisayo
- Category: Retirement
In retirement planning, diversification is a key principle, guiding individuals to spread their investments across different assets to reduce risk. Among these assets, gold has emerged as a popular choice for many looking to safeguard their future. Gold’s allure lies in its historical stability and reputation as a hedge against inflation and economic downturns. There
-
Gold price falls as US core PCE data looms large
In the early trading hours of Monday in New York, the price of gold experienced a decline as market participants braced for a series of critical economic announcements expected throughout the week. The potential for an increase in gold prices was tempered by the Federal Reserve’s continued assertive stance on interest rates. Meanwhile, geopolitical tensions,
-
American Eagle Silver Coin: History, Anatomy and Symbology
- February 25, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
The American Eagle Silver Coin, a tangible embodiment of America’s freedom and a testament to the craftsmanship of the United States Mint stands as a pillar in the world of precious metals. Launched in 1986 alongside its gold counterpart, the American Eagle Silver Coin was introduced under the Liberty Coin Act as a means for
-
American Eagle Gold Coin: History, Anatomy and Symbology
- February 23, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
The American Eagle Gold Coin stands as a symbol of American heritage and economic strength, embodying the rich history and the enduring spirit of the nation it represents. Launched by the United States Mint in 1986, the American Eagle Gold Coin has become one of the world’s most sought-after gold bullion coins, not only for
-
How much gold can I buy with $500,000?
- February 16, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
Investing $500,000 in gold is a considerable move that could substantially impact an investor’s portfolio. Given gold’s enduring value, this investment not only diversifies assets but also serves as a safeguard against inflation and economic downturns. However, determining the amount of gold this sum can procure involves understanding the intricacies of the gold market, including
-
How to Save for Retirement
- February 14, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Retirement
As life expectancy rises, saving adequately for the many different types of retirement becomes even more crucial. The ability to sustain a comfortable lifestyle, accommodate rising health costs, and prepare for unpredictable economic fluctuations hinges significantly on the retirement funds one has saved. This comprehensive guide will shed light on the process and best retirement
-
Four States Consider Lifting Taxes On Precious Metals
- February 12, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Earlier last month, lawmakers in four states took significant steps toward reducing the tax burden on precious metals investments. In a move aimed at encouraging investments in gold, silver, platinum, palladium, and even copper bullion, legislative proposals in Kentucky and Wisconsin sought to remove state sales taxes. At the same time, Georgia and Kansas focused
-
Is Silver Magnetic?
- February 8, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
It’s a question that has likely crossed the mind of many precious metal enthusiasts and science aficionados: is silver magnetic? To answer this question in simple terms, silver is not magnetic. That’s right; pure silver doesn’t have an inherent magnetic quality. However, the discussion continues. This magnetic quality (or lack thereof) is one of the

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!