Blog
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Gold Health Benefits
- February 9, 2024
- Posted by: Agbaje
- Category: Gold, Uncategorized
No CommentsGold has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since recorded history began. However, besides its aesthetic and financial value, gold has long been believed to possess various health benefits. This article explores the potential health benefits of gold, including its consumption, wearing gold jewelry, food and drink
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Is Silver Magnetic?
- February 8, 2024
- Posted by: Agbaje
- 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
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How Much Do Gold Coins Weigh?
Gold coins come in various purities, typically denoted in karats (k), where 24k gold signifies pure gold. A coin’s purity is crucial because it affects the coin’s weight. Pure gold is often too soft for practical use, so gold coins often contain other metals, such as silver, copper, or zinc, for added strength and durability.
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Can You Make Gold?
- February 6, 2024
- Posted by: Agbaje
- Category: Gold, Gold Investing
The idea of creating gold has been introduced previously. It dates back to the Middle Ages when alchemists sought a way to transform base metals into gold through a process known as transmutation. This pursuit was not just about wealth. For alchemists, the Philosopher’s Stone – the mythical substance said to enable this transformation –
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What State has the Most Gold?
When you think about gold in the United States, California likely comes to mind. The state is historically associated with the Gold Rush of 1849, which drew thousands of prospectors and led to the rapid settlement of California. However, while California may be famous for its gold discoveries, other states have the most gold. That
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Which is Heavier: Gold or Silver?
One of the most common questions in the world of precious metals is, “Which is heavier: gold or silver?” This is an interesting question, as it involves delving into the scientific properties of these two sought-after metals. This article aims to clarify the relative weights of gold and silver and explore related topics to enrich
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The Decline of US Dollar Dominance: Insights from a Wall Street Veteran
- February 1, 2024
- Posted by: Agbaje
- Category: News
In a recent news that has sent ripples through the financial world, Dick Bove, a seasoned Wall Street analyst with a 54-year tenure, declared the impending end of the US dollar’s era as the world’s dominant reserve currency. In an interview with The New York Times, Bove, who retired this month at 83, laid out
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Gold Mines in the US
The United States is a gold-rich nation with an illustrious history of gold discovery, mining, and production. The country’s landscape is dotted with everything from small, abandoned gold claims to massive commercial gold mines. Gold mining has played a significant role in shaping the nation’s economic and cultural fabric, contributing to boomtowns, rushes, and the
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Gold Mines in California
- January 31, 2024
- Posted by: Agbaje
- Category: Buy Gold, Gold, Gold Investing
California’s rich history is intertwined with gold mining, dating back to the 19th century during the California Gold Rush. There were thousands of active gold mines across the state at its peak. Today, the number is significantly less, but numerous active and abandoned mines still hark back to the state’s golden heritage. The exact number
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When Did Roth IRA Start?
As the financial landscape evolves, robust retirement planning becomes increasingly critical. Among the array of retirement investment options, Roth Individual Retirement Accounts (Roth IRAs) have gained prominence for their unique benefits and flexibility. In this comprehensive article, we will delve into the rich history of Roth IRAs, explore their distinctive features, highlight their tax advantages,
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!