Category: Silver

“”silver price”” – Google News

Silver Prices During The Great Depression  Seeking Alpha

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“”silver price”” – Google News

Glad 75L Extra Capacity Plastic Step Can with Clorox Odor Protection | Fits All 20 Gallon Trash Bags, 75 Liter, Silver  The Report

The post Glad 75L Extra Capacity Plastic Step Can with Clorox Odor Protection | Fits All 20 Gallon Trash Bags, 75 Liter, Silver – The Report appeared first on WorldSilverNews.

Kitco News

(Kitco News) – Our weekly roundtable.

The post Gold gets whacked, two positive trends for miners and juniors appeared first on WorldSilverNews.

Yahoo! Finance: SI=F News

As coronavirus stay-at-home orders and self-mandated quarantines extend beyond the first quarter of 2020, some new consumer behaviors are beginning to emerge among those still thriving (and spending) despite the pandemic’s economic ravages. The sourdough bread-making boom has caused yeast and flour sales to, um, rise.

The post The “hipsteader” and other new consumer species in the age of coronavirus appeared first on WorldSilverNews.

“”silver price”” – Google News

Silver outperforms gold in May, may hit Rs 53,000 in coming days  Economic Times

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Are you seeking more ways to save for retirement? Then make sure you know all the facts so you can make the most of your IRA contributions for 2020.

The limits for IRA contributions for the 2020 tax year are the same as those for 2019, but there are some changes to IRA rules. For instance, in 2020, there is no age limit to make contributions to your traditional or Roth IRA. Previously, you couldn’t contribute past the age of 70½.

Here we’ll help you understand what’s changed, what hasn’t, and how you can support your retirement savings in 2020.

What Are Some of the Key IRA Changes for 2020?

Aside from the removal of the age limit for contributing to your traditional or Roth IRA, changes to IRAs for 2020 include:

• Increasing from 70½ to 72 the age when someone must start taking required minimum distributions from retirement accounts. This applies only if you turn 70½ after December 31, 2019. If you turned 70½ in 2019, you must take these distributions.
• Economic relief legislation approved by Congress enables account holders to skip mandatory IRA distributions in 2020.
• The economic relief law also enables certain Americans to withdraw money—up to $100,000—from their IRAs and avoid the 10% early withdrawal penalty. This waiver applies to withdrawals taken in 2020.

What Are the IRA Contribution Limits for 2020?

The 2020 limits are the same as they were in 2019. Total contributions to all traditional and Roth IRAs cannot exceed:

• $6,000 if you’re under age 50
• $7,000 if you’re 50 or older
• your taxable compensation for the year if the compensation was less than either $6,000 or $7,000, depending on your age

The IRA contribution limit for people under 50 climbed to $6,000 in 2019, from $5,500 in 2018. The over-50 limit went from $6,500 to $7,000.

How You Can Benefit from Higher IRA Contribution Limits

To capitalize on the 2019 contribution adjustments for traditional and Roth IRAs, you might consider a Self-Directed IRA. This type of IRA lets you pick asset alternatives, such as precious metals, and thereby diversify your portfolio. It can be established as a Roth IRA or traditional IRA.

Portfolio diversification—including the addition of precious metals—can help ease your portfolio’s response to market fluctuations and boost your gains. Even a 2% allocation toward gold could improve risk-adjusted returns.

Through a Self-Directed IRA, you can add physical gold to your portfolio.

Regular IRAs are limited to only approved stocks, bonds, mutual funds, and similar vehicles. A Self-Directed IRA offers a risk-diversification option that traditional IRAs can’t compete with: the ability to hold hard assets like gold.

In particular, a Self-Directed IRA that includes gold can offer a hedge against inflation and a fluctuating dollar, and it also can deliver tax-deferred or tax-free growth while you’re saving for retirement. A variety of gold, silver, and platinum bars and coins can be set aside in a Self-Directed IRA.

“Because gold prices generally move in the opposite direction of paper assets, adding a gold IRA to a retirement portfolio provides an insurance policy against inflation,” Edmund C. Moy, former director of the U.S. Mint, told Investopedia. “This balanced approach smooths out risk, especially over the long term, which makes it a smart choice for retirement [accounts] like IRAs.”

With gold on your side, you can work toward a retirement that feels stronger and safer. Call U.S. Money Reserve at 844-307-1589 with questions about IRA contributions. We’ll provide you with a free one-on-one consultation.

The post Update: IRA Contribution Limits in 2020 appeared first on U.S. Money Reserve.

How can 36 pounds of gold be enough to cover an entire football field? The answer lies in the precious metal’s malleability. If you’re interested in learning more, watch this episode of U.S. Money Reserve’s “Did You Know?”

Gold’s Malleability: Did You Know? – Video Transcription

Narrator           (00:05):

Did you know that gold is the most malleable of all known metals? Malleability is a physical property that can be measured by how much pressure and compression the metal can withstand without breaking. It is estimated that a single ounce of gold can be flattened into a 100 square foot sheet. According to the American museum of natural history, it would only take 36 pounds of gold to completely cover a football field. For thousands of years, humans have utilized the extreme malleability of gold through the use of gold leaf. Back in the day, gold leaf was made by artisans through gold beating, the process of beating gold into thin sheets with a hammer. Fast forward to today, this process is modernized by the use of machines that can flatten golden into ultra thin sheets with precision. These thin sheets of gold leaf are then applied to surfaces through a technique known as gold gilding.

Narrator          (00:59):

The practice of gilding has its applications in many different fields, such as art, science, technology, and architecture. On the other hand, pure gold’s extreme malleability makes it nearly impossible to use for jewelry applications. 24 karat pure gold is easily deformed and likes the firmness required to tightly grasp on the diamonds over long periods of time, which is why jewelers use alloys with lower levels of purity, such as 22 karat gold, to make jewelry. Call the number on your screen if you’d like to learn more about gold’s place in history and gold’s place in your portfolio. Make sure to subscribe to see more of our videos on various topics.

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“”silver price”” – Google News

3 Dividend-Paying Silver Investments to Buy Now  Dividend Investor

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