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Is it illegal to own gold?
Owning gold is perfectly legal in many countries, including the United States. This was only sometimes the case, however, especially during specific periods in the 20th century when the ownership of gold was heavily regulated or outright banned. Today, individuals can sell, hold, and buy gold in various forms, including bullion, coins, jewelry, or certificates
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Which States Charge Tax on Gold in 2023
- December 27, 2023
- Posted by: Agbaje
- Category: Gold, Precious Metal, Press & Media
In a move that has already created a buzz in the precious metals community, the Governor of Mississippi ratified a new law on April 19th, 2023. The law explicitly provides tax exemptions on selling and using precious metal bullion, coins, and currency. Under this law exemptions are provided for the sales of coins, currency, and
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Gold IRA vs Physical Gold: Which is the Better Investment?
Physical gold investment is a traditional and revered method of investing in gold. This approach involves buying and holding tangible forms of gold, such as coins, bars, or bullion, representing direct and physical metal ownership. The allure of physical gold investment lies in its tangibility, historical value retention, and status as a physical asset, making
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100 Facts About Gold You Should Know
- December 17, 2023
- Posted by: Orkan Ozkan
- Category: Gold, Gold Investing
Gold is arguably history’s most sought-after precious metal – take a look at these 100 interesting facts about gold, and learn more about how to start investing in gold today for a bright future! Gold electroplating is used to in the electrical connectors of hundreds of everyday devices, from mobile phones to washing machines. One
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Gold price hits $2,100 for record high! Here’s what’s behind the surge.
Gold price hits $2,100 for record high! Here’s what’s behind the surge. The remarkable surge in gold prices to an all-time high of $2,100 per ounce is primarily attributed to heightened global economic uncertainty and instability. Economic uncertainty acts as a catalyst in driving investors towards gold, a traditional safe-haven asset. Several economic factors contribute
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Gold prediction for the next 5 years
- December 11, 2023
- Posted by: Agbaje
- Category: Buy Gold, Coins, Gold, Gold Investing, Gold IRA, Investment
Since the pandemic in 2020, the price of gold has been on a steady rise after many years of being stagnant. Due to this steady price increase, many people, especially investors, are interested in gold price prediction. This article will cover gold price prediction for the next 5 years and the following:Â Factors that
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Physical Gold or Gold ETF Investment. Which is Better?
- December 8, 2023
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold, Gold IRA, Investment
Regardless of the watered down numbers published, China has been buying up gold with a vengeance. The CME reported that precious metal purchases in February were up 48% over last year. Precious metal ownership and investment is becoming more and more important, and the stock market ether is beginning to wear off. Nevertheless, people are
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What is Rose Gold Made Of?
- December 6, 2023
- Posted by: Agbaje
- Category: Gold
Rose gold, also known as pink gold or red gold, is a beautiful and distinctive type of gold that has gained considerable popularity in recent years, particularly in jewelry and watches. But what gives rose gold its unique and appealing color? The secret lies in its composition. Like other types of colored gold, rose gold
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Canadian Maple Leaf Gold Coin
- December 4, 2023
- Posted by: Agbaje
- Category: Gold, Gold IRA, Precious Metal
Investing in gold through an Individual Retirement Account (IRA) can provide significant benefits regarding wealth preservation and portfolio diversification. One of the most popular choices for gold IRA investors is the Canadian Maple Leaf Gold Coin. This article delves into why this coin is a highly sought-after investment for those looking to include gold bullion
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Why Are 401(k)s Down?
In the ever-fluctuating world of investments, 401(k)s, like any other market-linked investment vehicle, can experience downturns. Understanding why these dips occur and how to navigate them is crucial for any investor. This article delves into the reasons behind the decline in 401(k) values, explores strategies to manage such situations, and discusses broader investment considerations. Why
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!