Tag Archive: conver 401k to gold.gold 401k

30 Things You Didn't Know About Gold

  Gold is so rare that the world pours more steel in a single hour than all of the gold that has ever been poured during recorded history. Gold melts at 1064.43 degrees Centigrade. The metal can conduct both heat and electricity. It is estimated that 80 percent of the planet’s gold is still in the ground. A cubic foot of gold weighs 1000 pounds. Gold never rusts and does not easily become affected by chemicals. This is why gold can remain in the ground... Continue Reading

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Billionaire Investor John Paulson Loves Gold-Here's Why:

For those of you who have not heard of investor and hedge fund manager John Paulson, he is a man that forecast the sub-prime mortgage crises and made large, bearish bets on the housing market. Paulson was right. The U.S. housing market went into a tail spin as property values collapsed and mortgage defaults became rampant. The haul on the trade was so large that Mr. Paulson is believed to have made a cool three or four billion for himself-which is believed to be the... Continue Reading

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Are Stocks Getting Ready To Sell-off?

We have been discussing the five year old rally in stocks for a while now, and the rally is beginning to look a little tired. Markets have seen a bit more volatility in recent weeks due to several issues, and that increase in volatility could potentially indicate that we are nearing a top. Although no one can see the future, one cannot argue the fact that stocks have gone higher without looking back for years now, and that the current state of euphoria likely won’t... Continue Reading

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Gold Hits Two Week High As Geopolitical Landscape Deteriorates

Gold prices hit a two week high yesterday as a mixture of fresh buying along with short-covering drove prices back above the psychologically key $1300 level. Although gold has breached this level to the downside on a few occasions in recent weeks, each and every time buyers have stepped in to scoop up the yellow metal. This is not surprising to us, as we feel the likelihood of gold prices seeing any significant drops given the current state of global affairs is unlikely. So-what exactly... Continue Reading

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The Gold/Silver Ratio

When it comes to investing in gold, silver or other precious metals, we believe that such purchases should be looked at as long-term investments. We believe that precious metals may be beneficial for their potential to hedge inflation, protect purchasing power and also potentially offer a degree of protection from geopolitical risks and economic concerns. That being said, we believe that gold and precious metals should be accumulated over time, and not “traded” in an attempt to time the market. There is, however, a tool... Continue Reading

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Is Now The Time to Buy Gold

Is now the time to buy gold? It seems that everywhere we look these days there is conflict. The world is currently seeing strained U.S. /Russian ties, North Korean tensions, Israel and Hamas at war, and civil war in Iraq to name a few. We are living in very uncertain times, and one has to wonder just how much investors are willing to tolerate before running for the hills. Stocks have been trending higher for years now-years…. Stocks also appear to be very overbought at... Continue Reading

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First Quarter Demand for Gold Remains Robust

The most recent World Gold Council Gold Demand Trends Report has shown that demand for gold is picking up right where it left off in 2013. Q1 demand for gold was 1074 tons, which was nearly unchanged on a year-over-year basis. According to the report, quarterly average demand trends remain intact according to data established over the last five years. Let’s take a closer look at some specific segments of this demand to see what is driving gold: JEWELRY DEMAND Jewelry is the most significant... Continue Reading

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Buying Gold and Seeing the Forest Through the Trees

The gold market has certainly seen some ups and downs in recent years. After topping out near $2000 per ounce back in 2011, the metal has worked lower the last few years and has bounced off of the $1200 area several times. In fact, gold has been trading in a sideways range for some time now-about the last year. We feel that it is extremely important for one to look at the bigger picture when looking at precious metals investments, and we want to try... Continue Reading

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Why Add Gold To An IRA?

Five simple reasons to consider: There are many reasons one could consider adding gold or precious metals to their IRA account or retirement portfolio. Here we will outline what we feel are some of the biggest reasons one should consider an allocation into gold or precious metals, and why we feel such an allocation can potentially play a vital role in safeguarding one’s savings and wealth. 1. Portfolio Diversification-Gold and precious metals can allow an investor to further diversify their portfolio. By adding precious metals... Continue Reading

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