Gold and Silver in your IRA
Owning gold and silver in your IRA is a great alternative investment that you can feel and touch. Below are the benefits of gold and silver inside your IRA:
Gold and silver have tremendous upside pricing potential, due to inflation risks, with little downside risk.
They are used as inflation and a deflation hedge
They are highly liquid, they can be either exchanged directly for other property or cashed in easily
They are universally recognized as money everywhere in the world, there are no exchange rate issues
They can be held in both Roth and Traditional IRAs
Physical gold and silver holdings are not subject to IRS reporting or taxes (with some exceptions in an IRA)
They are a great diversifier in a balanced investment portfolio
Gold is highly portable – $100,000 of gold coins weighs only 6.25 pounds (at $1,000 per ounce)
They are easy to store
Gold and silver, unlike paper money, cannot be devalued by government action and any government intervention in gold markets would soon lose its effect
Gold and silver held in a private or secret stash are highly secure and protected from government
Metals Storage. All bullion or coin purchases for your IRA will be shipped to and stored at a qualified depository institution. The depository furnishes us with the details of the bullion or coin items received and stored for your IRA. Your gold and silver investments are held securely in a storage vault which is dedicated to our clients. The special storage is not only in a highly secured facility, but it is also bonded and insured for added protection.
Author: Ben Barker