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Precious Metal Bullions: FAQs
Bullions are precious metals, like gold, silver, or platinum in the form of a bar, ingot or investment coin. These bars are available in different weights and purity. The word was derived from the French word bouillon, which means to boil. This refers to the processes involved in refining and shaping precious metals. Here are …
2 Unique Ways Gold Is Extracted
Growing up,every fairy-tale we ever heard said you could find gold at the end of a rainbow. But what if you aren’t a leprechaun? What process does gold go through before it makes its way to a jewelry store or a gold distributor, and then to you? Over 197,000 tons of gold have been mined …
Precious Metals vs. Cryptocurrencies: Which One Wins?
During the current economically stressful times brought about by the COVID-19 pandemic, investors are looking for safe-haven investments. If you’re one of them, there are two dominating investment choices to help you float through these challenging times. The ultimate selection lies between choosing gold and silver, the precious metals that have retained their value throughout …
When and Why Do Gold Prices Drop?
A hedge against inflation, gold has historically been deemed an investment haven. Experts suggest that gold is the safest commodity to buy if you’re looking for a secure investment. However, we continually come across news of surges and reductions in gold prices. Even though gold may retain its value over time, these sudden drops in …
Traditional vs. Roth IRA Accounts: Everything You Need to Know
Everyone hopes for a stress-free retirement devoid of money concerns. However, the prep work to get there starts much earlier. The best and most successful form of saving tends to be through an Individual Retirement (IRA) Account. However, there are two kinds of IRA accounts; Traditional and Roth. Reports have shown that nearly 43% of …
4 Incredible Tax Benefits of Opening an IRA Account
IRA (Individual Retirement Account) is an account that enables people to accumulate tax-free savings. When you invest in an IRA, the investments can range from bonds, EFTs, stocks, mutual funds, etc. A self-directed IRA can be both Roth and Traditional. Self-directed IRA is designed to give the investor autonomy where they can make decisions regarding …
3 Best Gold Coins to Buy in 2020
Despite the fluctuating global economy, gold has proven to be a steady asset for investors. With 282 metric tonnes of gold purchased for investment in 2019 alone, 2020 is shaping up to be no different. It may even be a better year for gold, as people try to weather pandemic-related losses. If the gold trade …
How to Gain Profit from Silver During Uncertain Market Conditions
A big bump in silver’s value in 2016 has convinced many precious metal investors to buy silver and add it to their portfolio. However, due to its not-so-good reputation, investors wonder if it’s a good thing to invest in and how they can do that. Few things can determine if a silver investment is profitable …
Your Guide to Collecting Precious Coins for The First Time
Collecting coins is a hobby. It is an amalgam of love for history, art, geography, and economics – all embodied in coins of precious metals. Collecting coins is not only limited to a hobby. It’s also considered to be a smart investment. If you’re starting to collect coins and have no idea where to begin, …
