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  • Home Storage Gold IRA: Fact or Fiction

    Many ads can be found listing the plentiful benefits of a home storage gold IRA and what benefit’s not to like? Unfortunately, those same ads don’t take the time to educate viewers to the requirements that accompany the opportunity. We warned our readers about the dangers and pitfalls of this trend a month ago, but

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  • Top 10 Mistakes People Make When Handling a 401(k) and Choosing a Retirement Plan

    As you entertain the notion of saving for retirement, one of the options that possibly comes to mind is a 401(k) plan. Granted, a 401(k) plan comes with attractive benefits such as tax-deferred earnings, a variety of investment options, and convenience. However, before you hastily choose a retirement plan, desperate to begin saving early for

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  • Oklahoma Votes to Allow Payment of Debt and Taxes with Gold

    Certain precious metals like gold and silver have long been considered form of currency, but did you know that until recently, no states had this written into law? Last week, Oklahoma Senate bill 862 was passed by a 74-12 vote, reaffirming gold and silver as legal tender for payment of debt and taxes. The bill

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  • The U.S. Debt Limit in 4 Minutes

    Our precious metals specialists are often asked about the U.S. debt limit and what it means for individuals looking to invest in gold. The first step in understanding the debt limit is to review our government’s role in reducing or increasing the amount. The Debt Limit Explained The Effects of the Debt Limit The debt ceiling is a limit

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  • The Dangers of an All-Powerful Federal Reserve

    We came across an interesting infographic today discussing the dangers of an all-powerful federal reserve. The infographic discusses the consumer price index, fiat money, quantitative easing and the process for who really pays for government loans. Many individuals believe owning physical gold provides safety and security against the declining value of the dollar. If you’d

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  • Is Gold Going “To the Moon”?

    “When the world figures out the position that we’re in, gold is going to the moon.” – Peter Schiff On a CNBC interview yesterday, Peter Schiff of Euro Pacific Capital made some bold statements about his perspective on the long term value of Gold. “Gold can certainly make a move up to $1,700 or $1,800,

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  • What Happens to Your Wealth When 2008 Returns?

    In 2008 a financial landslide of global proportions erupted before our very eyes. Companies vanished overnight, stocks fell to zero and many Americans lost their homes. No, we are not talking about the latest Hollywood movie to hit the box-office this summer. These are real situations that happed and can easily happen again. Because of

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  • Gold and Silver Hitting Record Highs

    Los Angeles – The gold price reached a new all-time record high last week of $1,447.82 an ounce before finishing the week higher by 0.75 percent at $1,429.30 an ounce on spreading nuclear contamination in Japan and Middle East violence leading to record crude oil prices and increasing signs of inflation. The price of silver

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  • Gold Price Supported By Geopolitical Uncertainty

    Los Angeles – The price of gold was up more than 3 percent for the week, closing at $1,413.10 an ounce, its biggest gain since April, while silver gained a whopping 9 percent for the week to close at $29.23 an ounce. The Gold-to-Silver ratio has just dropped to 48 this week. The ratio was at

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  • President Obama Says Chinese Yuan Still Overvalued

    Los Angeles – Gold bullion prices slid to $1,368.60 an ounce on Friday as silver followed gold lower to $26.02 per ounce. The week began with Robert Zoellick, World Bank President, creating a stir on Monday when he called for a “modified global gold standard.” Zoellick suggested, "The world's monetary system should consider employing gold

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