BullionVault

How do you feel about your gold dealer asking for your name, home address and Social Security Number?

The Form 1099 reporting requirements are part of the new U.S. health care legislation. Starting in 2012 precious metals dealers in the U.S. will have to report to the IRS on 1099s all purchases of $600 or more from clients in a single year. Just to be clear, Form 1099 is completed not when you …

3 Reasons why traditional investors don’t like gold.

Gold buyers and gold owners love gold. But traditional investors? Not so much. Here are three reasons why not. 1. Gold doesn’t pay a dividend. Many stock investments, in addition to offering capital growth, also often annual dividends. In fact, many investors seek out those companies which consistently pay dividends to their investors. Even when …

When the Fed wants more inflation, it’s a good time to buy more gold.

The Fed’s Federal Open Market Committee recently released a statement saying, in part, “policymakers signaled that they’re worried that inflation has fallen too low, with the ‘core’ consumer price index rising year-over-year at a rate of less than 1.0% in recent months, a 44-year low.” Inflation is too low? That’s a novel idea. Those of …