Gold and silver are seeing a resurgence as forms of legal tender in several U.S. states. Amid economic uncertainty, more states are revisiting the concept of “sound money”—backed by precious metals rather than fiat currency—to offer citizens a hedge against inflation and financial instability. This movement reflects a shift toward …
How to Prepare for Dollar Collapse
The U.S. dollar has long been the backbone of the global financial system, but rising national debt, inflation, and geopolitical pressures threaten its dominance. A potential dollar collapse, while rare, could lead to massive disruptions worldwide. Preparing for such an event is critical for safeguarding your wealth and securing your …
Understanding Gold IRA Tax Rules for a Secure Retirement
Investing in a Gold IRA offers a smart way to secure your financial future by blending the benefits of traditional retirement accounts with the stability of physical gold. With market volatility and inflation threatening long-term investments, gold provides a hedge against economic uncertainty. Through OWNx, setting up a Gold IRA …
If the Stock Market Crashes, What happens to the Price of Gold?
During turbulent times in the stock market, investors often turn their attention to gold as a safe haven. Gold’s performance during stock market crashes has been closely observed, and its price has frequently risen when other assets stumble. When a stock market crash occurs, gold prices typically act as a …
How Much Platinum Is In The World?
When it comes to platinum, it’s often surprising to find out that it’s cheaper than gold, despite being an extremely rare metal and having unique industrial uses. So, how much platinum is there in the world? Key Takeaways Platinum is exceptionally rare in the Earth’s crust, found at about 0.005 …
Physical Gold vs. Gold Stocks: Which Should You Invest In?
Investing in gold has always been a popular choice for those looking to diversify their portfolios and safeguard their wealth against economic uncertainties. With the current market’s volatility, the debate between investing in physical gold versus gold stocks has become increasingly important. Understanding the differences between these two investment options …
What Will Silver Be Worth If The Economy Collapses?
In times of economic uncertainty, many investors turn to precious metals as a safe haven to protect their wealth. Among these metals, silver has always held a unique position. Known for its industrial uses as well as its role in currency, silver is often seen as a hedge against economic …
Can You Sell Gold to a Bank?
Selling gold can be a significant decision, especially if you own physical gold like gold bars or coins. While most people think of selling gold to coin dealers, pawn shops, or online dealers, banks can be another option that some might consider. But is selling your gold to a bank …
Why is Gold Valuable? Exploring the Enduring Value of Gold
Gold, a rare metal treasured for millennia, holds a unique position in human history and global economies. Its value has remained steadfast across different cultures, time periods, and financial systems. In this article, we will explore the multifaceted reasons behind gold’s enduring value, from its historical significance to its modern-day …
TSP to Gold IRA: What it is & How to Make the Switch
Planning for retirement can feel overwhelming, especially when exploring options like switching from TSP to a Gold IRA. This guide breaks down the process, showing how federal employees can use precious metals like gold to diversify their savings. Converting TSP funds into a Gold IRA not only protects against market …
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