Posts On Gold

June 4, 2024 |

Gold IRA Withdrawal Rules: What You Need to Know About Taking Distributions

strength in gold bars and coins

Gold IRA ownership is a fantastic way to diversify your portfolio and hedge against inflation. However, just like traditional individual retirement accounts, the IRS has specific rules about when and how to take fund distributions. Knowing the Gold IRA withdrawal rules is essential for avoiding hefty tax penalties and early withdrawal fees.  Before you consider taking physical possession of precious metals like gold, silver, platinum, or palladium or selling them off, heed the following rules regarding mandatory minimum distributions, age requirements, and other regulations.   Gold... Continue Reading

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June 4, 2024 |

What Are Precious Metals Mutual Funds?

You’ve probably done your investor homework on Gold IRAs, but did you know there are alternative ways to invest in precious metals?  Precious metals mutual funds are investment vehicles that pool funds from multiple investors at once. These mutual funds then purchase a diversified portfolio that includes actual precious metals or companies that work in the industry. Unlike other methods of buying physical metals, mutual funds provide exposure to the metals market via a managed approach. This differs from a self-directed IRA, which gives you... Continue Reading

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May 8, 2024 |

Gold IRA Custodians: What Are They, and What Do They Do?

Central Banks Are Still

One of the most common questions we hear about Gold IRAs and other precious metal investments is where the materials go after you purchase them. As it turns out, gold you buy as part of a self-directed Gold IRA cannot remain with you. Instead, this gold (or other precious metals) must be placed in the hands of a trusted company called a Gold IRA custodian.  While you may prefer the idea of holding onto your precious metals for safekeeping, there are plenty of reasons Gold... Continue Reading

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May 8, 2024 |

Home Storage Gold IRAs: A Guide

Gold IRAs offer a fantastic way for investors to diversify portfolios, and they’ve become an increasingly popular method to hedge against inflation and protect assets. But they’re also subject to stringent storage requirements that practically never allow for home storage.  That presents a challenge for some investors, who want to extend the “hands-on” approach to self-directed IRAs to where they keep the precious metals they’ve purchased. You can keep purchased precious metals in your home, but not as tax-advantaged assets that are part of a... Continue Reading

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April 18, 2024 |

5 Tips to Avoid Gold IRA Scams

Central Banks Are Still

Everyone who invests wants to protect their financial security. That includes those who turn to Gold IRAs to diversify their portfolios and hedge against inflation. That said, the increase in popularity among gold and other precious metals has led to an uptick in Gold IRA scams.  A Gold IRA is a reputable investment vehicle. You deserve to invest your hard-earned money with confidence. If you have concerns about how to identify Gold IRA scams and want to learn more about how to avoid them, the... Continue Reading

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April 18, 2024 |

Does a Gold IRA Earn Interest?

Whether you’re an investor approaching retirement or dabbling in the market for fun, you have plenty of options to grow your wealth: stocks, bonds, mutual funds, savings accounts, and more.  But today’s economic environment is more chaotic than it has been in decades. And the savviest investors are on the prowl for better ways to preserve their wealth. That includes seeking ways to diversify their portfolios, such as moving investments away from traditional stocks and bonds to tangible assets like gold.  One of the most... Continue Reading

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March 26, 2024 |

What Are the Risks of Investing in Gold?

The curiosity around gold investments—including Gold IRAs—has increased recently, especially with the current state of the economy. Investors are seeking potential ways to hedge against inflation and diversify their portfolios. Investing in gold offers a real opportunity to do just that.  At Advantage Gold, we believe wholeheartedly in the value of investing in gold and other precious metals. But we also understand that there is an element of risk to Gold IRAs and similar investments. Risk is a reality with all investments, after all.   Informed... Continue Reading

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March 26, 2024 |

Is the U.S. Dollar Collapsing?

Currency collapse and the strength of the U.S. dollar are legitimate concerns for investors, especially in today’s tumultuous economic and political environment. As the global economic landscape continues to shift, digital currencies become more popular, and emergent economic powerhouses like China continue to grow in importance, you might find yourself wondering if a currency crisis could grip the United States anytime soon.  Even though it’s an interesting thought experiment, the likelihood of the U.S. dollar collapsing is very low. Why? There are a handful of... Continue Reading

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March 13, 2024 |

30 Facts About Gold

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Gold is a captivating material. For centuries, humans have used and treasured gold because of its value. While you may have considered buying gold jewelry, coins, or bullion in the past, you may not have thought too much about gold’s history, uses, or actual physical properties.  30 Gold Facts You May Not Have Known If you’ve never stopped to think about the gold you’ve purchased for your precious metals IRA or as gifts for friends or family, you’re missing out on some of the material’s... Continue Reading

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March 11, 2024 |

How Much Gold Has Been Mined?

That’s a complicated question. The exact amount of previously mined gold is disputed for two reasons:  Because of how much gold has been used in the course of history.  Because of uncertainty around how much gold has yet to be discovered.  According to the United States Geological Survey (USGS), around 244,000 metric tons of gold have been discovered. Nearly 187,000 metric tons have historically been produced, with an additional 57,000 metric tons in underground reserves.  As a natural resource, gold’s value is largely determined by... Continue Reading

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