U.S. Mint Suspends Some Gold Coin Sales After Demand Surge
The U.S. Mint has suspended sales of its one-tenth ounce American Eagle gold coins as surging demand after bullion's plunge in price depleted the government's inventory.
gold coins
Gold Is Cheap Again: 5 Ways to Get It Into Your Portfolio
Since gold topped out near $1,900 an ounce two years ago, prices have fallen by about $300. If you think that makes it a bargain, here are five ways to invest in gold now.
Half of Nevada Recluse's Gold Fortune to Be Auctioned for Taxes
When Walter Samaszko Jr. died in his modest Carson City home, weeks passed before authorities discovered his body, and found that the 69-year-old man who had lived so simply had a vast collection of thousands of gold coins worth millions of dollars. About half is being auctioned off to satisfy taxes and fees.
Buying Bullion: Are Gold Coins Worth the Money?
With gold trading at around $1,600 an ounce, this most precious of metals seems to many like a smart investment. And if you have a television, you've doubtless seen ads encouraging you to buy physical gold. But think twice: Owning bullion can be more trouble than it's worth, and alternatives exist.
Goldline Marketing Practices Under Fire on Capitol Hill
Glenn Beck's favorite gold company was dragged to Capitol Hill Thursday to answer questions regarding its marketing and sales practices. Goldline, the omnipresent pusher of gold coins in radio and TV ads (and for whom Beck was a paid spokesman), is under fire from Rep. Anthony Weiner for scamming its customers.
Gold Coin Scams Backlash May Pull Down Prices
Gold bugs like to think gold covers all bases, whether inflation or deflation rules. But major vendors like Goldline are coming under scrutiny for steering investors into coins with markups of 35% -- or worse, customers say.
Gold Coins vs. Gold Cons: Investors Beware
With fear about the future and mistrust of government on the rise, more investors are buying gold. But they should tread with caution: Gold bugs pitch the precious metal as a safe economic hedge, but the sellers' shenanigans could cost you a bundle.