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Picture this. You overhear someone at a party say they invested in precious metals recently and earned almost $1,000 in their gold and silver IRA. You’ve been thinking about investing in precious metals for a while, so you look up the best gold investment companies in the area before picking one and dialing their number. …

Have you ever seen the movie “The Italian Job?” It’s about a group of bank robbers that steal millions of dollars worth of gold bars. One gold bar typically weighs about 400 troy ounces—which is the equivalent of more than $744,000 per bar according to the latest gold prices. That might not seem much if …

It’s tempting to think every precious metal has a straightforward relationship with its value—but nothing could be further from the truth! Each precious metal has a unique relationship with its value determined by its purity. If you’re wondering how the relationship between weight and value differs with each precious metal’s purity, read on!Here’s a look …

If you asked the average joe what they considered the most expensive precious metal, chances are they’d say gold. But did you know palladium is even more expensive? It costs more than $2,400 for a troy ounce compared to $1,700 for gold and is 30 times rarer! But is palladium a worthwhile investment for the future? …

Did you know that the US dollar used to be tied to the value of gold (known as the “gold standard”)? In 1933, the government stopped using the gold standard and decided to set the value of money on its own to control the economy. That’s where the term “fiat money” comes from—“Fiat” is the …

Imagine retiring and finding out you don’t have enough saved in your IRA to live out the rest of your years comfortably. It’d be a nightmare! If you’ve spent a lifetime working hard, chances are you’ll want to reward yourself once you retire by traveling or buying a home. But how do you go about maximizing …

Have you ever thought of building your long-term wealth through commodity investments? Commodities refer to agricultural or mined products in their raw form. Therefore, metals are classified as commodities since they don’t require refining. Commodities typically increase in value over time—and metals are among the strongest recent performers. But how does silver fare in financial …

Most investors turn to gold during inflation or economic crises to secure their assets and future. Gold is a safe investment option that doesn’t have dramatic ups and downs like the stock market and is valued internationally. If you want to invest in gold to make a significant profit, first understand the different ways to buy gold and …

Besides offering a shiny and striking exterior to your accessories, gold has been used as an investment for centuries. The economy or inflation doesn’t influence its value but people’s perception. It is considered a safe haven for crucial times and is recognized globally. No matter where in the world you’d go, gold will always be …

Gold has been treasured for millennia due to its unique value, stability and rich history. Every family in the US owns gold in one way or another. From jewelry to watches, gold stocks to coins, this classic asset has helped societies and economies in many ways. If you live in the US and planning on …