If you are saving for retirement or any other future endeavor, gold, silver, and other precious metals should be in your portfolio. If this is to be done, it would substantially stabilize your financial situation, especially during tough economic times.
If you are concerned about your financial portfolio and need protection against drastic swings in the stock market, and if you are considering the possibility of investing in precious metals, this information could be very useful for you. People have always looked for a way to safely invest their hard earned money to grow wealth.
Historically a precious metal individual retirement account has proven to be one of the safest ways to do this. Many seasoned investors realize that investing in a precious metals account is a necessary endeavor, especially if you have money in the stock market, such as 401k. Your paper money is exposed to drastic swings in the stock markets, don’t forget about technology. bubble, remember the year 2000, and the housing bubble, remember 2008?
The real estate market crashed in 2008, causing a financial crisis (which we are still paying for) that affected everyone in this country. Large banks and other financial institutions gave home loans to people who could not afford to pay back the money they had loaned.
The bankers knew these loans were suspicious, but they did anyway. This caused the housing market to crash, sending financial institutions (Goldman Sachs, Morgan Stanley and others) and our economy into a tailspin recession.
After this debacle, the banks came running, we (the Americans) asking to help them. With our money (trillions of dollars), the government bailed out the big banks and the Wall Street bigwigs. These people, who caused this disaster in the first place were even paid out (several million) dollar bonds. I would like to ask you a question, do you guarantee your losses? Did you get a bonus?
Most people on Main Street cannot understand why no one on Wall Street was held responsible for this financial debacle that caused so much pain and strife for the average citizen and investors. Many, who were invested, lost an enormous amount of their wealth; Unfortunately, some families lost all of their savings.
A large number of people who lost money on High Street don’t trust the people on Wall Street, and many will never invest again. The Wall Street failure taught many people that they cannot do the things they cannot afford; you must live within or below your means.
He also taught many investors that you must protect your financial future. If some of these people would have had a percentage of their funds invested in a precious metals account, they would have found themselves significantly protected from such drastic losses.
When you finally make the decision to retire, preparing for your future should always be a part of your existing plan. You must have a financial program in place that is going to generate an income, hopefully, that will last you for the rest of your life. In order for your retirement funds to last the rest of your life, you must be sure that they are invested in the right financial vehicles to generate such income.
When most people think of generating ongoing retirement income, the first thing they think of is investing in an IRA, which is based on paper money. With the current state of the economy and the way the stock market changes from day to day, there are always uncertainties and perpetual bubbles that can burst just like in 2000 and 2008.
The bursting of these bubbles wipes out the entire retirement accounts of many retirees. History has shown that gold and other precious metals have stood the test of time and withstood these devastating economic storms.
If you have a retirement account that is invested in paper assets, chances are good that you could benefit from a gold ira companies. Gold is valuable because it cannot be duplicated, and it cannot be printed. Gold has to be found, dug up, and shaped into bars, coins, etc. There are limited amounts of gold which causes its value to continually increase. This is why you should have a portion of your retirement portfolio invested in gold. Gold has always done well and has risen in value significantly in recent decades.
With the economy in bad shape, and the national debt growing out of control, gold is forecast to increase in value in the coming years. This prediction, along with its past history, makes gold an excellent addition to any retirement portfolio.
If you invest your money without the protection of a precious metals IRA, you are gambling. It is as if you are in a casino, sitting at a slot machine, or rolling the dice.
You are betting on an economy that is fighting some tough rivals, it takes a champion to fight these bad candidates which include, the national debt of the United States which is in the trillions of dollars, the devaluation of the dollar, which makes the dollar lose its purchasing power, quantitative easing, which has central banks buy more government securities, hyperinflation, which makes inflation out of control, political instability, Democrats and Republicans down the throats of the other, and wars , with ISIS wanting to kill us all.
Gold is the reigning champion who has been defending his title for centuries. He has fought these contenders and has won each time. So the champion (Gold) will help fight your financial battles. Even though these candidates have been eliminated, time and again, they are always looking for a rematch.
At any time one or more of these factors could send this weak economy on a tail-down turn. If you want more financial security in your retirement, or in any other financial activities you undertake, you should look into placing a portion of your money in a precious metals IRA.
I know you are sick and tired of hearing about Armageddon, the battle between good (gold / silver) and evil (fiat money), paper money, but these factors are real.
Your money has a better chance of surviving, if you don’t have to fight the foregoing factors, and the safest way to do this is with a precious metals account.
Currently the United States and other countries use a Fiat (paper money) system. This system is not backed by a physical asset, such as gold or silver. The monetary system of the United States used to be backed by gold, but in 1971 President Richard Nixon took the country off the gold standard.
Any fiat money system is venerable, due to the amount of paper money that can be printed, causing inflation and eventual failure. When these failures can no longer be exempted, then the most practical decision will be to return to the system that is backed by gold.
A Gold Rollover IRA will act as a safety net against a wallet of paper money. It is well known, that the almighty dollar will devalue further, if the Federal Reserve continues to print more dollars that causes inflation. The more access you have to something, the less valuable that item becomes. Printing more and more dollars only makes the dollar less valuable.
A portfolio of precious metals will act as a palliative against this inflation, because you cannot just go out and print more gold; that is why it is so valuable.
Gold has steadily increased in value; How many other investments can that claim make? Gold is valued in every country around the world.
A gold IRA should be one of the first steps you consider when diversifying your investments.
Gold has been a safe haven for investors for decades. During financial uncertainty, gold has always prevailed. Gold has been valued for over 5,000 years and used in financial transactions, before paper money existed. Visit,