The Gold Bulls charged when the economy was at its lowest in 2008/2009, and countless enterprises offering “cash for gold” began to pop up. Though most focused on gold jewelry, many were also willing to purchase bullion coins and bars. Cash for Gold companies quickly sprung up in nearly every town — and of course…
The Great Atocha and the Immortality of Precious Metals
We’d like to start by letting you in on a new feature at the Provident Metals Blog. While we’re confident we’ve developed a top-notch resource for silver-and-gold bullion investors, our blog has focused almost entirely on the “bread and butter” of precious metals investment. Until now. The truth is, gold, silver and other precious metals…
How To Tell If Gold’s Bull Run is Ending
One debate that’s constantly raging is whether gold is in a “bubble.” Is the precious metal overpriced and due for a major, long-term correction? Or are the periodic pullbacks in gold prices a normal part of any long-term bull market? The position of gold “bears”—those who believe gold has reached the end of its bull…
AOCS – The Bridge to a New Way of Trade?
Have you ever browsed our online store, come across a coin labeled AOCS Approved and scratched your head wondering what in the world that means? The American Open Currency Standard—widely known as AOCS—was developed to allow gold, silver and copper to be used in commercial trade and barter. (Coins that are AOCS Approved should not…
Despite Losing Some Gains, Gold and Silver Hold On Strong
As we head into the final quarter of 2012, it’s time to take stock of what’s going on in the gold and silver markets. In the third quarter—August and September specifically—both metals saw tremendous gains from their summer lows. At the beginning of the third quarter (July 1), gold hovered around the $1600/oz mark for…
The Self-Directed IRA: Reduce Taxes while Investing in Precious Metals
An Individual Retirement Account – commonly called an IRA – is a unique investment vehicle specifically tailored to saving for your retirement. Looking to their Golden Years, many Americans prefer IRAs because of the countless tax advantages they provide. In simple terms, an IRA allows the account holder to deduct their annual contribution from their…
