American Gold Eagle

Yeah, and it's not surprising that the central banks, the government banks of all the BRICS countries, are buying gold at a record pace.

So that's one of the things that has influenced gold prices lately, is while world demand can go up and down among retail buyers, like people who buy the American Gold Eagles, When a central bank makes a play, they're not buying one-ounce gold coins.

They're buying 400-ounce gold bars, and they're buying tons of it.

And so their interest in not only controlling the gold supply, but also buying a big portion of it and putting it in their bank vaults really has an impact all over the world, including the United States.

You need three things, really: IRS-approved metals, an approved custodian, and approved storage.

As a general rule, gold has to be ninety-nine point five percent pure at minimum, though the American Gold Eagle coin is a statutory exception at ninety-one point six seven percent because it's government-minted.

Silver's general rule is ninety-nine point nine percent purity, and the American Silver Eagle coin fits that same ninety-nine point nine percent standard.

Platinum and palladium need ninety-nine point nine five percent, and bars, rounds, and coins have to be produced by a refiner, assayer, or manufacturer accredited or certified by NYMEX, COMEX, NYSELIF, LME, LBMA, LPPM, TOCOM, ISO nine thousand, or a national government mint.

Extremely.

And they must be in approved forms like specific bullion bars or certain government minted coins like the American Gold Eagle.

This is a crucial distinction.

Actually, the IRS views this strictly as an investment vehicle, not a hobby collection.

That's a real Ace of Pentacles.

It's a quarter ounce American Gold Eagle.

Hey, gold's a good investment, right? You make good investments, that's the point, with the Ace of Pentacles.

This was a good investment.