Life happens, and sometimes you need a bit of extra cash to get through the day. When that happens, you look for ways to get your hands on some cash, and fast. Often, the need for cash is seen as temporary until another paycheck comes in or you find a new job, but that isn’t always the case.
Americans currently carry over $1.13 Trillion in credit card debt. Trillion, with a “t”. Or $1,130,000,000. That’s a seemingly astronomical, mind-boggling number, especially for a financial “tool” that is unusual for most of the world. Americans know credit card debt is bad, but it’s so normalized that it’s easy to waive it off as just part of life. But high-interest
As of April 9th, 2024, gold prices have climbed to an all-time high over $2,350/ounce. While there are many reasons the price of gold might increase, the prevailing sentiment is that it is being caused by the market’s optimism towards the Federal Reserve cutting rates (although we’ll cover more reasons later). As inflation tames and the economy appears robust, the
With gold prices near all-time highs, selling your gold can net you hundreds or even thousands of dollars. But do you get to keep it all? Everyone fears the tax man – and the regulations man for that matter – so let’s take a look at the implications of selling gold. Like any other asset you might sell, from stocks
One of the most interesting consumer gold investment stories of 2023 occurred when Costco, one of America’s largest and most beloved retailers, announced that they’d be selling solid gold bars. These 1 oz gold bars, which retailed for a little above gold’s spot price on their website, often sell out within hours of appearing in stock. Despite selling these gold
The cultural significance of gold is deeply rooted in human history and spans across various civilizations and cultures worldwide. From ancient times where it was used as decoration or even functionally, to current times where it’s used as an investment tool or gift giving, gold is used very heavily throughout the world. Customs related to gold can vary significantly from
Gold has been used as a form of investment for centuries due to its historical value, durability, and scarcity. Gold can be an attractive investment option for various reasons. People choose to own gold for portfolio diversification, as a store of value, inflation hedge, due to global demand, because it’s a tangible asset, and a potential for capital appreciation.
You’ve probably heard about 24k gold, but what exactly does it mean? And how is it different from 22k, 18k, 14k, 12k, and 10k gold? In this post, we’ll discuss different purities of gold, how they’re measured, what they’re worth, and what purity of gold is used in different circumstances.
Cryptocurrencies are all the rage now. They’ve got over 900 of them, with a whole bunch of fancy names running from the famous Bitcoin to Ethereum. And with each variation, you’ve got people swearing they’re the best thing since sliced bread. At the same time, we’ll forgive you for not knowing the difference between your Gridcoin from your Monero –
The American Eagle Gold Coin for sale today isn’t the first gold coin that the US has made. They started minting the first one, simply known as the ‘Eagle Gold Coin’, all the way back in 1792. It had a 10 dollar face value and, unlike the modern coin which is more a collectible coin, was in regular circulation. That’s