postheadericon This Week in Gold: Indian Demand, Gold Reserves, Rocky, Baby Boomers

This Week in Gold: Indian Demand, Gold Reserves, Rocky, Baby Boomers

This week in gold, American Bullion covered these four stories: Despite Gold Lows, Indian Demand High Ahead of Religious Festival Central Banks Increasing Gold Holdings CNBC Article: Gold is “kind of like the Rocky Balboa right now”  USA Today: Baby Boomer Retirees Face Big Money, Big Decisions The themes of this week’s stories were gold’s Read More
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USA Today: Baby Boomer Retirees Face Big Money, Big Decisions

The United States currently has 75 million Baby Boomers retiring at a rate of once every nine seconds through 2029, according to John Piershale, a wealth adviser at Piershale Financial Group. They have an average of $147,000 in their 401(k)s, according to Fidelity Investments. Approximately $324 billion was moved from 401(k)s into Individual Retirement Accounts in 2013, Read More
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