PMBG Announces Rising Popularity of Americans Seeking Gold in IRAs
Tuesday, October 9, 2012
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
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.
Disclaimer: Gainesville Coins "Market Updates and In the News Section"
provide our readers with features and analysis of the financial markets, and some
of the factors that may be affecting market direction. While the information is
obtained from sources we believe to be reliable, we do not guarantee its accuracy
or its completeness, and this information should not be considered investment advice.
Gainesville Coins provides these articles for informational purposes only, and they
do not constitute a recommendation by Gainesville Coins to hold, to purchase, or
to sell any investment.