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Record Highs for Gold Prices in 2024: What’s Driving the Surge?
In an unexpected turn of events, gold prices have reached record highs in 2024, despite economic indicators that traditionally hinder the precious metal’s growth. This article delves into the key factors behind this surprising surge and what it could mean for potential investors. Key Takeaways Record Gold Prices: Gold has surpassed all-time nominal price records
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How Much Gold Was Found in the Gold Rush?
- August 1, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
The 19th-century Gold Rushes, most notably in California, Australia, and the Klondike, were pivotal events that shaped the economic and social landscapes of these regions. These rushes led to massive migrations, the rapid development of infrastructure, and significant changes in local economies. This article explores the amount of gold discovered during these rushes, the impact
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How Much Money Do You Need to Open a Gold IRA?
Investing in a Gold IRA can be wise for those looking to diversify their retirement portfolios and hedge against economic uncertainties. Gold IRAs offer a unique opportunity to invest in physical gold and other precious metals. However, before opening a Gold IRA, it’s essential to understand the financial requirements, including the costs associated with setting
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Gold IRA Tax Rules: Everything You Should Expect
Investing in a Gold IRA can be a strategic move for those looking to diversify their retirement portfolio with a tangible asset. However, understanding the tax implications associated with Gold IRAs is crucial to maximizing these benefits and ensuring compliance with IRS regulations. This article will provide a comprehensive overview of the tax rules for
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Will IRA Contribution Limits Increase in 2024?
Individual Retirement Accounts (IRAs) are a critical component of retirement planning for many Americans, providing a tax-advantaged way to save. Each year, the IRS evaluates and sets contribution limits for IRAs based on inflation and other economic factors. This article explores whether IRA contribution limits will increase in 2024, examining historical trends, current economic indicators,
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How Many IRAs Can You Have?
When planning for retirement, one common question arises about the number of Individual Retirement Accounts (IRAs) a person can hold. Understanding the flexibility and rules surrounding the ownership of multiple IRAs can significantly impact your financial strategy and retirement planning. The Internal Revenue Service (IRS) does not limit the number of IRA accounts an individual
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Types of Coin Damage and Mint Errors
With their historical significance and numismatic value, coins have captivated collectors and investors for centuries. Yet, not all coins are created equal. Some carry unique imperfections that can turn them into sought-after treasures. This comprehensive article delves into the intriguing world of coin damage and mint errors, exploring their types, value, and how to identify
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How to Move 401k to Gold Without Penalty in 2025
A Gold Individual Retirement Account (IRA) is a special type of retirement account that allows you to hold physical gold as a part of your retirement savings. Unlike traditional IRAs, which can only hold paper assets like stocks and bonds, Gold IRAs offer the unique advantage of holding physical gold bars or coins. Gold IRAs
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What Is The 60-Day Rollover Rule For Retirement Accounts in 2024?
- June 19, 2024
- Posted by: Agbaje Feyisayo
- Category: 401K, Gold IRA, Investment, IRA
The 60-day rollover rule is one of the most important yet often overlooked regulations governing asset transfer between different retirement accounts. While it offers a significant advantage for account holders to diversify their investment strategy or switch to more advantageous accounts, failure to comply can lead to severe penalties. This article will explore the intricacies
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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

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Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!