Posts by Chelsey Jenkins

May 19, 2023 |

What Is a Gold IRA Rollover?

A Gold IRA rollover occurs when a 401(k), or similar account, is converted, tax free and penalty free, into the type of individual retirement account (IRA) that allows ownership of physical gold within the plan. A Gold IRA rollover differs from a Gold IRA transfer in that a rollover moves funds from one type of plan (401K) to a different type of plan (IRA). A transfer moves funds from one type of plan (IRA) to the same type of plan (IRA).  Even though the two... Continue Reading

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August 7, 2022 |

Gold Hits Two Week High As Geopolitical Landscape Deteriorates

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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