Blog
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Buying Gold at Walmart
Purchasing gold from major retailers like Walmart has recently gained attention, paralleling the earlier narrative of Costco offering gold bars. This development in the gold market brings several considerations to light for prospective gold investors. While buying gold from retailers like Walmart might seem convenient, it’s important to understand why opting for established companies like American
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How much gold can you buy with cash without reporting to the IRS?
If you’re considering selling your gold or silver coins, understanding your transaction’s tax implications is essential. Selling precious metals can be complex, and failing to report your gains to the IRS could result in severe consequences. In this article, we will answer whether you have to report your gold and silver coin sales to the
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How to Test for Palladium
- October 26, 2024
- Posted by: Agbaje Feyisayo
- Category: Precious Metal
Palladium is a precious metal that has garnered significant attention recently due to its increasing industrial applications and investment potential. Palladium, like platinum, is a member of the platinum group metals (PGMs) and shares some similar properties, making it essential to know how to test and identify it accurately. This article will guide you through
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Types of Coin Damage
- October 26, 2024
- Posted by: Agbaje Feyisayo
- Category: Coins
Collecting coins is a rewarding and educational hobby millions worldwide enjoy. However, one aspect of coin collecting that is particularly fascinating is the identification of coins with errors or damage. In this article, we will explore different types of coin damage, how to identify if a coin is an error, which coin defects can be
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Platinum vs Silver
When investing in precious metals or choosing the perfect material for jewelry, platinum and silver are two popular options. But how do these two metals stack up against each other? In this comprehensive guide, we will compare platinum and silver in various aspects, such as their general characteristics, usage in jewelry, price and value, durability,
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Silver and its Use in Solar Technology
- October 24, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
The ongoing transformation from fossil fuels to renewable sources of energy has led to increased demand for various metals that play a crucial role in green technologies. One such metal is silver; with its excellent thermal and electrical conductivity, it has found a critical place in the solar power industry. How Much Silver is Used
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How Many Grams in an Ounce of Gold?
In the world of precious metals, few hold gold’s allure and timeless value. Its shimmering elegance and historical significance have made it a coveted asset for centuries. But when measuring this treasured metal, there’s more to the story than meets the eye. Understanding the weight of gold involves delving into the intricate details of ounces,
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Will silver hit $100 an ounce?
- October 22, 2024
- Posted by: Mehul Dedhia
- Category: Silver
Will silver hit $100 an ounce? Buying silver is a common way for people to diversify their investments and savings, especially during economic crises and inflation. Unfortunately, we are raising the cost of the precious metals facing those challenges today, and it should come as no surprise that there is talk of a probable increase
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What is causing inflation in 2024?
- October 20, 2024
- Posted by: Agbaje Feyisayo
- Category: inflation, Uncategorized
Inflation is a general increase in the price of goods and services in an economy over a period of time. It can have a significant impact on the economy and the financial well-being of individuals. Several factors, including supply and demand, monetary policy, and government spending, can cause inflation. Inflation and recession are two of
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What Is Inflation?
- October 19, 2024
- Posted by: Agbaje Feyisayo
- Category: inflation
Inflation is the rate at which the general level of prices for goods and services rises and, subsequently, purchasing power falls. It is measured as an annual percentage increase. When prices rise, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power of money – a loss
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!