Precious Metals IRAs holding physical Gold, Silver, Platinum and/or Palladium are known to reduce portfolio volatility and also protect investors against the uncertainties of a shaky U.S. and global economy. This is one of the main reasons why physical Precious Metals have emerged as the top alternative for 401K, 403b, Pension Plans, and Traditional and Roth IRAs. Precious Metals IRAs involve an investment in physical precious metals and returns on Gold and Silver in particular have yielded tremendous profits for investors over the last decade or so. Statistics indicate that $25k invested in gold bullion coins 30-40 years ago would be worth well over $500k today. In fact, diversifying the same $25k into investment grade coins over that same period of time could result in a potential value of $1.3 million or more. As the oldest and purest form of money known to mankind, gold is a precious metal whose value cannot be tampered with like fiat (paper) currencies at the whim of political, government or central bank policies and actions. Gold has stood the test of time and withstood the most significant economic disasters to preserve its value for over 5000 years now. This is what makes it an ideal option when it comes to investing in IRAs.
The Tax Payer Relief Act of 1997 made it possible for precious metals such as Gold, Silver, Platinum and Palladium to be added to IRA accounts, but the vast majority of American Investors have only caught on to this option as of the last few years. Investing in Precious Metals IRAs is neither a complicated process nor does it involve a lot of red tape to achieve. In fact, rolling over funds from a prior retirement account can take as little as 1-2 weeks. Having observed that the price of gold and other precious metals has demonstrated the ability to rise in both strong and weak economic periods, PMBG highly recommends investing in gold IRAs now. Doing so helps investors further diversify their future retirement nest egg, a strategy that almost any Financial Advisor recommends.
With the current and future uncertainty of the economy, combined with the lackluster returns seen in the past several years with both of the traditional primary investment vehicles for most Americans (Stock Market and Real Estate), a Precious Metals IRA is a solid choice for investors looking to keep and grow their wealth.
Gainesville Coins is offering the 2012 1 oz American Gold Eagle at as low as $67.99 over spot. Gainesville Coins is offering the 1 oz Silver Buffalo Round at as low as $0.79 over spot.