A former deep-sea treasure hunter who made one of the great shipwreck discoveries in American history and spent more than a decade in jail after refusing to disclose the whereabouts of some of its missing gold coins is now out of prison, federal records show. Tommy Thompson, who in 1988 located what was known as … Read more
On the day that marks 13 years since the death of Venezuelan socialist strongman Hugo Chávez and two months after the Jan. 3 U.S. operation that captured Nicolás Maduro, the scene in Caracas looks strikingly different from the anti-U.S.-imperialism rhetoric that founded Chavismo and was echoed by his successor. On the ground, a new era … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Team USA nabs gold and silver in women’s para biathlon 00:23 UP NEXT A look at tornado damage in Michigan and Oklahoma 00:44 Iran’s president rejects unconditional surrender 00:44 Ex-Michigan football coach Sherrone Moore takes plea deal 00:22 … Read more
Before you move a single dollar, it’s worth slowing down and getting the full picture of what a gold IRA really is. Nora Carol Photography/Getty Images Gold has spent the better part of the past couple of years rewriting what investors thought they knew about precious metals. With gold prices now hovering above $5,100 per … Read more
While gold ETFs offer convenience and liquidity, they also come with limitations that are worth understanding. Sankai/Getty Images Gold has rarely been out of the financial news headlines recently, thanks to an impressive price performance that skyrocketed it past $5,500 per ounce in late January. Gold’s upward trajectory has tempered somewhat since, but gold’s price … Read more
Gold’s meteoric rise has made it too pricey for some investors, but there are alternatives worth weighing now. Getty Images/iStockphoto Gold’s remarkable rise over the past year has pushed the precious metal into headlines and portfolios alike. The price of gold recently hit over $5,589 per ounce, and while the value has moderated somewhat in … Read more
Inheriting gold or other precious metals is genuinely different from inheriting cash or a brokerage account. Wirestock/Getty Images If you inherit physical gold, there’s a good chance that, unless you already invest in precious metals, you aren’t quite sure what to do with it. It might arrive in the form of a few gold coins … Read more
If you’re thinking about selling your gold holdings, knowing how to reduce the tax implications is essential. Kirill Stytsenko/Getty Images Gold’s impressive price surge over the past year, and over the last few months, in particular, has created a new class of investors who suddenly find themselves sitting on significant gains. With prices climbing from … Read more
Before you buy gold in today’s market, make sure to examine the possible downsides of investing in this asset. JianGuifang/Jerry Jian/Getty Images The investors who bought gold when it was sitting at $2,600 an ounce just 12 months ago made moves that have paid off substantially. Since that point, the price of the precious metal … Read more
If you understand the tax rules surrounding gold and silver, that knowledge could pay off. the_burtons/Getty Images As economic uncertainty keeps investors searching for safe harbors, physical precious metals have moved from niche hobby to mainstream wealth strategy. In turn, gold’s price has been surging over the past year, and particularly over the past few … Read more