I’m Doug, and I created this site to share with you a lot of the information and experience that I have learnt and gathered since I first started investing in gold back in 2003. I have been fascinated by this amazing commodity ever since. Please listen to my message over on the right if you would like to hear how I believe you will get the most benefit from this site.
I have segregated the information available here into two main categories. Depending on what brought you here please click on the relevant link below:
Information About Gold IRAs and Retirement Planning Leveraging Gold and Other Precious Metals >> Click Here
Included here is information about how to go about setting up gold and precious metals Individual Retirement Accounts, my recommendations on who can best help you with this and information about the tremendous benefits these retirement plans offer you. I also include a step by step walkthrough of how I set up my own Gold IRA so that you can easily follow the process yourself if you choose.
General Investing in Gold Information >> Click Here
Included here is information about how to go about buying gold and where to buy it from, tips about the different types of gold you can buy and the benefits of each, and information about how and why you can use gold to protect your wealth.
I hope you will find the information you are looking for. If not please feel free to contact me by clicking on the button above.
Alternatively to read through all the content of this site in its entirety, starting with information about why you really can’t afford NOT to invest in gold, please scroll down….
I wish you every success with your future in investing in gold.
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Why Take Risks With Your Future? Investing Wisely In Gold Will Protect It.
Savvy investors turn up the tap on investing in gold when they fear that the value of paper currencies and particularly the US dollar have started to, or are likely to fall drastically. Sounds familiar? Read on…
President Nixon in 1971 gave the go ahead to discard gold and instead resort to rampant printing of the dollar. Prior to that every dollar bill printed was backed up in the US Reserves by its equivalent amount of gold.
Once that changed the paper currency began to lose value. As a result of that decision the U.S. National Debt has soared from 414 billion as it was then to over 17 trillion as it is now – this represents an increase of 3,381%. Staggering eh!
(Note: Compare that to the gold price which has increased 300% since 2002. There is a correlation between the value of the dollar and the price of gold. As the dollar’s value goes down, the value and price of gold goes up).
Prior to 1971 a dollar bill was actually worth a dollar whereas today in reality it is just a piece of paper which is trusted to be worth a dollar. All the time the general public trusts in the banking system that is fine. But the reality is that this trust is wearing thin.
Previously incredulous events like banks failing, countries failing to honour their debts and powerhouses including the United States having their credit rating reduced are now becoming realities.
The policy makers at the time who chose to disengage the US dollar from the gold standard claimed that the dollars being printed were necessary to meet the mammoth expenses incurred for bailouts, wars, special interests and entitlement programs etc. The problem is that they allowed the printing press to run out of control.
Moreover it is already too late to change things now. You may be shocked to know that the current value of the dollar has fallen in real terms to almost 97% of what it once was. It is apprehended that within the next decade it will not even be worth the paper on which it is printed. Almost unthinkable, wouldn’t you agree?
The Implications For Everyone
So should you sweep these facts under the carpet and hope they will go away, or do something now to protect the wealth of you and your family whilst you still can?
Over the past few years the value of the US dollar has declined faster than most other major currencies. This signifies the fact that the buying power of one dollar is now comparatively less than those. Does that give you any incentive to keep your wealth and assets tied to the dollar?
Given these circumstances is it a coincidence that Governments and institutions around the world are now exchanging their dollars for a safer alternative? Is it a coincidence that billionaires and multi-millionaires are doing the same? Is it a coincidence that they all have a common investment policy right now – buying gold!
Should everyday folk be doing the same? Of course! To safeguard your financial interests the best decision that you can take is to invest in gold. Right now is the time. Gold is a rare commodity and its value will only go up over time. It always has. It offers a safe haven in turbulent times.
Is it easy for everyday folk to understand why invest in gold? Sure, Read on… but before you do so you may want to watch the following video in which Mike Maloney, the author of ‘Guide to Investing in Gold and Silver’, explains whywithin the next 3 to 5 years the gold price could jump to $15,000 per oz :
The global economy has become very uncertain and investors are looking for safe ways to protect their money, their assets and above all their wealth.
Investing in gold is that viable option they are looking for given the current scenario. More and more investors are coming to the conclusion that in order to keep your money safe you should invest at least part of your portfolio in gold. Although over the last few years the economy has been in decline the price of gold has risen dramatically – a three fold increase since 2002 in fact.
Gold Bars or Gold Coins?
To purchase gold you have got two options. You can purchase either gold coins or gold bars. Larger investors including corporations and governments buying gold in bulk usually prefer to buy bars because they can store them efficiently for the long term.
On the other hand smaller gold investors generally prefer to buy gold coins. This is because coins give you the advantage of more convenient storage plus they can be redeemed quickly should the need arise.
Gold Bullion Coins or Rare Gold Coins?
Gold coins that you can choose from when investing or collecting come in the categories of Bullion and Rare.
By definition Bullion is any precious metal that is minted in large supply and for which production is ongoing. Most countries produce their individual gold bullion coins for which they offer guarantees and which become recognised as liquid legal tender. The American Eagle, Canadian Maple Leaf, Chinese Panda, South African Krugerrand, American Buffalo and the Austrian Philharmonic are examples of these.
Rare precious metals are those for which production has been either stopped entirely or severely limited. Typically rare gold is considered remnants of a nation’s gold reserves when its currency was valued by a gold standard. Here are some examples of rare gold bullion coins: British Sovereign, Swiss 20 Franc, French 20 Franc, Saint-Gaudens, Indian Head and Liberty Head.
Nowadays more and more people are adding physical gold and silver to their IRA or 401k, so much so that precious metals IRA’s are quickly becoming the main alternative for pension plans including IRA’s and 401k’s. This can be a very tax efficient way of gold investing.
There is excellent information about precious metals IRA’s and details of the types of bullion and coins that you can hold in them here
Update: I had quite a few people contact me about Gold IRA’s so I’ve now written a lot more about them and explained how I went about setting up my own one. You will find the information here.
Price of Gold
2012 recorded the twelfth year in a row that the price of gold increased. During that time it rose in a jagged line rather than a straight one, but nevertheless the overall trend has been strongly up. 2013 saw a pull back in the price (‘taking a breather’ as the traders refer to it) and many people have been viewing this since as a buying opportunity.
Historically it has always been the case that when other forms of investment are falling due to economic stability gold typically goes in the other direction and climbs in value.
Don’t be fooled by what the Government might be telling you about the economic crisis being over. The situation in some European counties is still on a knife edge, the Euro is far from stable and the US National Debt is out of control.
By investing in gold you are investing in long term stability. Gold acts as hedge against rising inflation and the declining values of paper currencies. Unlike paper currency which reflects the value of the government and the economy gold is valuable in itself.
Probably the wisest strategy for gold investment is to take a medium to long term view. Some investors trade gold short term on the Futures Markets and make handsome returns but that is probably more because they are skilled traders than because of the commodity they choose to trade. Most forms of investment are subject to short term market fluctuations and precious metals, gold included, are no exception.
Inexperienced traders and investors are better suited to a longer term ‘buy and hold’ strategy for their investment in gold. For that the purchase of physical gold in the forms explained above is perfect.
Anybody can invest in gold. You don’t need to be rich and famous. Nor do you need to be experienced because all you need is a good guide or good point of reference for keeping informed about the gold market.
It is probably easier to invest in gold now than it has ever been because of the internet. This gives you easy access to gold research, gold prices and places where you can buy physical gold
Investing in gold is not a new phenomenon. Since ancient times and until the second half of the 20th century gold has been used by nations to anchor their respective currencies and throughout the ages it has been used by investors to preserve their wealth
Pure gold in its raw form is an extremely valuable asset. It does not rust or corrode over time. It is portable, indestructible and relatively scarce.
Gold and precious metals are one of the most liquid assets in the world. Gold coins can be used as real money and as a form of bartering for goods and services. This cannot be said for other forms of investment such as real estate, bonds and stocks.
In times of economic uncertainty such as those prevalent today gold offers you protection against financial instability and frailties.
These days many financial experts and advisors recommend making physical gold a part of your investment portfolio mainly because of its relationship with other investments such as stocks, shares and bonds which is known as negative correlation. It is generally recommended by financial professionals that you make precious metals between 10 and 30% of your overall portfolio.
Where To Buy Gold
In case you are wondering where to buy physical gold safely and securely, the Company I use and highly recommend is Regal Assets who have a reputation for being one of the most trusted precious metals dealers in America. They are known for their 5 star customer service (which I can vouch for) and they have an A+ rating from the BBB (Better Business Bureau).
When I first came about them I found their representatives really helpful and very knowledgeable about gold. They helped me a lot at the beginning when I didn’t know much at all about how the purchasing process works. What I like is that you can make your purchase from them from the convenience and comfort of your own home.
I recommend that you submit your name, email address and ‘phone no. in the form I have placed at the top of this page to request one of Regal Assets’ Gold Investing and Retirement Kits. When I first started researching into investing in physical gold I must have requested more than 20 gold investment kits from various sellers and the one I received from Regal Assets was by far the most informative.
Make sure you submit your phone number in the form then one of the specialists from Regal Assets will give you a call. I found that I learned more from speaking to someone there and asking him a load of questions that from all the other research I had done.
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With the current turbulence in the global economy investing in gold has become one of the best and safest ways to maintain financial stability. Even in ancient times gold helped bolster economies. In today’s modern times you can use gold to strengthen your investment portfolio, hedge against global financial insecurity and protect your wealth.
Actually, given the fragile state of the economy worldwide right now it can be argued that there has never been a better or more sensible time to be buying and holding gold.
A good way to start is by collecting gold coins. Savvy investors know that the price of gold is on an upwards trend and that over time their gold coin collections will increase in value. Moreover, with the advent of the internet it has become easy to purchase authentic gold coins from the comfort of your own home. This has made gold investing easier than ever.
Why It Makes Sense To Include Gold In Your Investment Portfolio
Gold can be viewed as a liquid investment. This means that if ever you are in urgent need of cash or funds you can easily sell it. You can sell at any time and anywhere. You won’t get this advantage and flexibility with many other forms of investment.
When you invest in gold, history shows that you are always assured of making a profit over time. Of course there always have been and there always will be short term fluctuations in gold prices but overall the value of gold has been increasing consistently, and should continue to do so.
Latterly the increase in the value of gold has been quite remarkable. For example, the gold cost per ounce was $400 in 2004, by 2008 it had increased to around $900 per ounce and in August of 2011 it reached a record high of just above $1900 per ounce. Needless to say, gold investment in that period has created a lot of millionaires!
Feeling safe is another factor that encourages people to invest in gold. When the economy goes through trying times, you can still feel safe in the knowledge that you have made a secure and reliable alternative investment. It will protect your wealth.
For more information check out ‘Gold Investment – 5 Top Tips’ here.
Investing in Gold Coins
Gold coin investing is a type of investment that has high portability. You can easily carry a case of gold coins. Should you want to sell them you can ship them easily to the respective destination without incurring high costs.
Informed investors will testify that you get more value for older gold coins (18th/19th century ones) because these are very scarce. You can also buy high value certified gold coins that are minted and distributed by the government in limited quantities.
If you are looking for aesthetic appeal in your investment then you will find that in gold coins, many of which are available in stunning designs. The Double Eagle gold coin designed by Augustus Saint-Gaudens for the US Mint in 1905-1907 is still considered to be the most stunning gold coin ever issued. There are also other American coins like Indian Heads, Quarter Eagles and Eagles which are all renowned for their beauty. They not only look good but also offer great value.
When you invest in gold (certified bullion) you are investing in an asset that is absolutely legal. By law the government cannot confiscate or take away your certified bullion coins.
Furthermore buying gold bullion coins is easy and straightforward because they are readily available and accessible.
Investing In Gold Coins Can Be Both Lucrative and Fun
A lot of people love to collect gold coins and for many folk this is an enjoyable hobby. In the process they learn a lot about gold and its history. You can collect gold bullion coins or commemorative gold coins for your personal enjoyment and later if the need arises you can redeem them at a profit. However most people who collect gold coins as a hobby prefer to treasure and keep them because of their beauty and rich history.
Some gold coins tend to be very popular and therefore high in demand. For example in 2002 a Saint-Gaudens Double Eagle gold coin was sold for $7.5 million dollars. This was a record price and it remains the highest to date. It is not difficult to appreciate the value of gold coins from the collector’s viewpoint.
There is a vast number of popular American gold coins for sale and there are lots of takers. Depending on the date of manufacture and popularity these coins can fetch prices ranging from $1000 to $20000.
Making investments in gold coins is also a sensible way to diversify your portfolio. There is very little risk involved here, particularly if you are taking a medium to long term view. It is sounder than relying solely on a mutual fund but you do also have the option to include your gold coins or bullion as a percentage of your overall mutual fund account.
Did you know that you can also use gold coins as a means to protect your retirement portfolio? I highly recommend this strategy in the current economic climate. I have included a lot more information about this here: “Golden” Retirement Planning
Conclusion – The Case For Gold Coins
Investing in gold is becoming increasing important for everyone – nations, governments, the wealthy and everyday folk alike.
In difficult economic times it is used as a safe haven, a hedge against inflation and a means to protect wealth. Gold is always high in demand and historically has always increased in value. Also, in many cultures having gold jewelry is very popular both for adornment and as a form of investment.
Nowadays one finds a trend amongst investors to favor gold because it has more potential compared to other forms of investments such as bonds, mutual funds and savings accounts. It is more lucrative than the traditional and previously favored investment vehicle of real estate in the current climate and whilst real estate values have been in serious decline of late the value of gold has continued to soar.
This is why many investors are now diversifying their investment portfolios and including gold, silver and other precious metals as an important part of them.
It has never been more important to make gold a part of your investment portfolio. And one of the easiest and less risky ways to do so is to invest in gold coins. They are easy to store, they are portable, their value is always linked to the prevailing spot price of gold and they are an extremely liquid form of investment. For information about buying gold coins from the ease and comfort of your own home click here now.
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For the past 5000 years, ever since gold was first discovered, there has been no other metal that can match its beauty, luster and its true value, thus making gold investments such an attractive proposition and wise decision. This has applied throughout the ages and certainly still applies today.
Not only is gold recognized internationally as an important financial powerhouse, but it is also stored in reserve banks by major countries worldwide, such is its importance and significance.
Gold is also a beautiful rarity and perhaps this makes investing in it even more attractive for investors looking to diversify and safeguard their wealth during times of economic instability and crisis.
Why Investing in Gold Bullion Makes Sense
Investing in gold bullion coins or bars is a profitable and a wise decision – not only for the long term but also as a hedge against soaring inflation. Since gold can be bought and sold independently without having to actually invest in bonds and stocks, gold investing is considered by many to be safer and less risky.
Purchasing gold bullion coins is practical too since they are easy to store and also pretty affordable for the regular investor. American Eagle Gold bullion coins are the country’s most valued and sought after, whilst the South African Krugerrand is one of the most popular types of gold coins worldwide.
Before actually making an investment in gold bullion, you must understand what bullion coins are. Unlike normal currency, bullion coins are actually made by melting and shaping up precious metals like gold, silver, platinum or palladium. Bullion coins are unlike regular currency. These are solely used for investment purposes and are stored over years as an asset.
It is simple and straightforward to Invest in gold bullion coins, as they are priced according to their actual weight. Also, they are minted in sizes ranging from 1 ounce to 1/10th of an ounce and are therefore easy to handle.
About Gold Bullion
Despite popular belief, buying gold bullion doesn’t mean you have to purchase ‘biscuit’ type gold bars. With smaller bullion coins, not only has it become affordable for the common investor, but it is also easy to store and sell them when you so desire.
Gold bullion investing acts as a basic hedge fund that will not only protect you and your wealth from economic instability, but also offer you an easy way to own gold and profit from it. Gold bullion’s easy liquidity, portability and standardized weights, sizes and pure form make it extremely tradable in the global market.
How To Invest In Gold Bullion Coins
It is important to learn exactly how to invest in gold bullion coins before going ahead. You also need to choose which type of bullion coins you want.
The most popular and commonly purchased are the Krugerrand which are the oldest and the first bullion coins to be introduced in the world marketplace, the American Eagle and the Canadian Maple Leaf. Most of these start from sizes of 1/10th of an ounce and are pretty easy to buy over the internet.
You could start your gold investment with U.S Eagles which are 22-karat gold bullion coins with a tiny bit of copper mixed in to ensure durability and to prevent corrosion or denting. The Canadian Maple leaf is also a popular choice, however they are only 99.99% gold, unlike the U.S Eagles or the Krugerrand. The Maple leaf comes in sizes starting from 1/20th of an ounce, while the Krugerrand starts from 1 ounce denominations. You could also consider extending your gold investments to bullion from Australia by investing in the Kookaburra.
Investing In Gold Bullion To Protect Your Wealth
Many people wonder why it is so important to invest in gold. For starters, even though market prices rise and fall, the value of gold hardly ever changes, and if it does, it rises upwards. The World Gold Council analyzed and estimated in 2005 that the current demand for gold worldwide was 3754 tons whilst its supply was 3859 tons. This meant that a surplus of 105 tons was apparent, making gold a highly liquid commodity.
Buying gold bullion has been one of the safest forms of investment since the financial crisis of 2008 that left many investors mistrustful of risky alternatives. Of late, with banks failing, countries unable to pay their debts and government spending spiralling out of control people are more wary and concerned than ever.
It is fact that billionaires worldwide are abandoning other varieties of hedge funds and mutual funds, and are instead turning to gold to protect their wealth and assure themselves a much more secure future.
A good starting point for investing in gold bullion is to purchase American Eagle bullion coins. These coins are affordable and charge you a small premium over the cost of the coins themselves. The premium is charged to cover shipping and handling, while the coin is priced according to the current gold price and the amount of gold it contains. The coin’s front face displays the famous design by Augustus Saint-Gauden that was minted between 1907 and1933 and the reverse side features Miley Busiek’s art work.
Savvy investors take advantage of US Mint gold bullion for their US IRAs (Individual Retirement Accounts). Not only are the 22-karat US Eagles eligible for these, but also the newer American Buffalo gold bullion coins. These coins are 24-karat gold, and are known to be one of purest items of gold available anywhere in the world on the basis of how much gold they contain.
Another reason for investing in bullion like the US Eagle or American Buffalo is that these coins are the only ones that receive backing and legitimate support from the US Mint. Gold IRAs are an excellent choice for investors looking for a long-term saving and most of the gold coins mentioned above are eligible for this process. You can easily track the value of these coins by checking the up to date gold market price.
Conclusion – Gold Bullion Investing
Investing in gold bullion is simple and straightforward and it offers everyday folk a way to safeguard their wealth and future prosperity. With Government spending spiraling out of control and the prospect of not merely inflation but stagflation looming now is the right time to take control of your future and that of your family rather than leaving it to chance and hoping for the best. To get started on safeguarding your future click here now.
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Should you get an IRA account or a Gold IRA account?
If you want to protect your wealth, safeguard your investments, secure your future and enjoy your retirement to the maximum then you owe it to yourself to learn more about Gold IRA accounts and why nowadays it is more important than ever to include physical gold in your retirement investment portfolio. Just read on…
Unlike the more traditional types of investments that are typically included in retirement planning such as savings accounts, annuities, bonds, stocks and shares, gold is unique because it does not rely on others such as corporations and individuals to enhance its value. What’s more, by including physical gold in your pension fund you will have something that is real when you retire, not just paper.
About Gold IRA Accounts
First off you should know that there are some IRA accounts that allow gold to be included in the overall plan. Do you know if your IRA allows for this? Well it would be a great idea to check. You can typically speak to someone who runs your retirement fund or your IRA custodian to get a definitive answer.
If it turns out that you cannot include physical gold in your IRA, which is most likely the case, then you should consider a gold IRA. If you are already thinking about buying gold as an investment then there are lots of good reasons to do so via your retirement plan.
If you have not so far considered including gold in your investment portfolio then I would strongly recommend that you read another article I have written elsewhere on this site about why you can’t afford to ignore gold. Beware though, it might shock you!
Gold IRAs give you the option of including physical gold in your retirement account or plan. Actually with this type of IRA you can include silver, platinum and palladium as well. This must be done in accordance with IRS regulations.
Since this is a retirement plan that allows you to lessen your tax burden the IRS oversees these accounts and therefore chooses to regulate them as well. It is essential therefore that you undertake this procedure under the guidance of specialists in the fields of both precious metals and retirement accounts. Further down on this page I will share with you details of the specialists that I recommend and the reasons why.
It is interesting that you could not even think about having a gold IRA account until 1997 when Bill Clinton made this possible. These accounts have only started to become popular quite recently though, because of everything that is going on worldwide.
Americans have started to wake up to the fact that they need to protect their retirement funds from the ravages of inflation and the ever decreasing value of the US dollar, and that gold and other precious metals can do that for them from within their IRAs. This is precisely why gold IRAs are so popular now.
Benefits of Gold IRAs
The reassurance that you can back up all of your investments with the stability of gold is definitely the main benefit. Your overall investment portfolio will be protected if you include gold. This is because gold, being a safe-haven asset acts as a hedge and historically has always risen in value during times when the economy is in trouble.
Typically, in times of economic turmoil such as we are experiencing right now stocks, bonds, real estate and the value of the dollar all fall and inflation increases. This combination can have a devastating effect on your retirement fund if it is not protected. Gold can offer you exactly the protection that you need.
Having a Gold backed IRA in place also means you can take advantage of fluctuations in the price of gold and rapidly add gold to your retirement fund whenever the price dips. This means over the length of the time you hold those assets the relative price is lowered no matter if you bought gold at a higher price later on. Many people use this strategy frequently when buying and trading stocks and shares so it makes perfect sense to use it when buying gold bars and gold coins to include in your retirement account.
Also, having a gold backed IRA means you will be able to have professionals on your side who fully understand what to do to maximize your return on investment. This is vital in order to secure your future and to make sure you have enough to take care of yourself in your retirement.
Another important benefit of a gold backed retirement plan is that it offers you the opportunity to invest in gold in a very tax effective way. To find out more about the tax advantages I would recommend that you talk to these experts.
Is a Gold Backed Retirement Account Right For You?
To be honest I believe that a gold backed pension fund is right for anyone right now who has existing non precious metals related investments. At the moment these are exposed and need to be protected. Making gold part of your retirement investment portfolio is also perfect for anyone without an existing retirement fund who wants to set one up.
Let me explain a bit about Gold IRAs here…
A lot of people think that the only investments you can include are physical precious metals. That is not so. Any type of investment can be included, such as your existing stocks and shares. It’s just that if you want physical gold and other precious metals to be included then you have to have a specific type of IRA account set up.
It is also a misconception that you can only have one IRA. You can legitimately have as many as you want! So if you have an existing IRA or 401k that does not permit you to include gold then you can either transfer or roll it over into a gold IRA or if you prefer you can set up a gold IRA account in addition to your existing retirement funds.
You will find a lot more detailed information about gold IRA investing elsewhere on this site.
Couldn’t I Just Add Gold Stocks To My Portfolio and Reap The Same Benefit?
Buying gold stocks is one way of hedging your portfolio but is not as effective as including gold in its physical form. This is because the value of gold stocks is not linked solely to the price of gold. Instead you are relying on other factors such as the management structure and performance of the Companies you invest in, political factors prevailing in the countries in which the mines are located and also the cost of production.
There is a case for including gold stocks as well as physical gold but it is generally recommended that you do not include these instead of the commodity in its physical form.
How To Get Started With a Gold IRA
Because securing your retirement is so vitally important it is equally important that you set your gold IRA account up in the most tax effective way, with the best possible chance of maximizing your return on investment (ROI) and in compliance with the rules and regulations stipulated and governed by the IRS.
That is why you should work with a company who specializes in both precious metals and retirement accounts.
The Company that I am very confident in recommending and who I used to set up my own gold IRA is Regal Assets. They have an excellent reputation in the industry, they’ve been around for many years and they have an A+ rating with the Better Business Bureau, which is the highest rating they give to any Company.
I have placed one of their forms in the sidebar at the top of this page where you can request one of their complimentary Gold Investment and Retirement Kits. The way it works is that you submit your name, email and phone number then one of their specialists will call you to discuss your requirements, answer all your questions and arrange to send you one of their excellent kits. This gives you a great opportunity to have a chat with a specialist in both precious metals and retirement plans.
If you would like to first check out exactly why I recommend Regal Assets you can take a look at this video review that I have done for you.
Setting up a gold IRA account is one of the wisest decisions you can make right now and filling out that form will be the first important step you take towards securing your future. Just grab the opportunity before it’s too late!
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There are plenty of people out there who are unsure of the different IRA investment options available to them so I intend starting this article by giving you a brief overview of some of these. That way you can see for yourself what options would best suit your own personal circumstances.
Then I’m going to give you some information about an amazing possibility that most people overlook – the opportunity to make gold and other precious metals part of their retirement plans. If you’d like to skip straight there now please Click Here
There are three options that we are going to explore here. The first is the 401(k) rollover, the second is the traditional IRA and the third is the Roth IRA.
IRA Rollover – this first option is available to those individuals who already have a 401(k) plan set up by their employer. It is also valid for any other type of pension plan that you’d want to rollover into an IRA account.
If you’re looking to get out of other types of retirement accounts and into an IRA then you’d have to request that your funds get rolled over into an IRA account in your name. You could either rollover into a traditional IRA account or a Roth IRA account.
Traditional IRA – a traditional IRA account is a tax-deferred investment set up that will allow you to invest your pretax dollars which of course earn you a better return than if you were only investing your after-tax dollars.
A traditional IRA is also tax-deductible during the year that you choose to invest your money.
Roth IRA – a Roth IRA is a different kind of retirement investment vehicle altogether. The one area where you lose out with this particular type of investment compared with a traditional IRA account is that you do not get to take advantage of the yearly tax-deductible option.
But many people consider that you make up for this by having the ability to let your investments and money grow completely tax-free. You will never have to pay taxes on any of the money all the time it is inside this particular type of IRA. For that reason Roth IRA’s are the favored IRA option for many folk.
The minimum contribution amount for a Roth IRA for anyone under the age of 50 is $5000. And if you’re older than 50 it’s $6000 for both Roth and traditional IRA investments accounts.
Which IRA Investments Option Makes The Most Sense For You?
Just because the Roth IRA is the preferred option for many others does not necessarily mean that it’s the ideal investment opportunity for you. You may have a completely different retirement strategy than most, and it may make a lot more sense to keep your money in a traditional IRA investments account to take full advantage of the tax deductions that you get while you are still contributing to this fund.
Age also plays a major factor regarding choosing a traditional IRA over a Roth IRA, or even if you want to rollover your pension plan into either one of these IRA accounts. If you are already nearing retirement age and you’ve had a traditional IRA the entire time then it would obviously make the most sense for you to stick with your current game plan. That’s assuming of course that you’ve stuck with it because it’s been working for you.
If you are a young person setting up your initial IRA then most people would probably recommend that you choose a Roth IRA. When you’re young you might not realize how important this is, but not having to pay taxes on your gains within the fund can be huge as it allows you to enjoy the benefits of compound interest.
What Other IRA Investments Should You Consider?
Another very important IRA investments strategy you need to seriously consider right now is including gold, silver and the other precious metals in your retirement account. These commodities continue to go up in value while the economy falters and it’s a well known fact that the price of gold and likewise the price of silver have gone up tremendously over the last decade or so percentagewise.
Gold has gone up significantly as well in terms of real-world dollar value. It has what is known a negative correlation with stocks, bonds, the value of the dollar and the rate of inflation.
When stocks, bonds and the value of the dollar fall and when the rate of inflation goes up, the value and price of gold rises. This is why gold is seen as a safe haven in times of economic uncertainty. I have written a lot on this topic elsewhere on this site. For further information I recommend you skip over to: Can You Really Afford NOT To Invest In Gold?
Because of the economic turmoil and uncertainty prevailing right now most financial experts are recommending making gold and other precious metals anywhere between 10 and 30% of your IRA investments portfolio.
What many people don’t realize when they hear talk of investments in gold, silver and other precious metals is that you can make that a part of your retirement plan.
If you haven’t considered investing in gold and the precious metals market so far then I recommend that you research into this before making any final decisions about your retirement investment portfolio .
Where Can I Find Out More Information?
The best way to find out more about how to invest in gold and other precious metals and how to link this into your retirement plan is to put your contact information in the form at the top of this page. Once you submit your details they will go across to Regal Assets who are the precious metals and retirement plan specialists that I use and recommend.
Don’t forget to include your phone number so that one of their experts on gold and precious metals IRAs can give you a call to answer all your questions. By sending them your details they will also be able to send you one of their free Gold Investment and Retirement Kits that I promise you will find very helpful.
If you would like to see a video review I have done of Regal Assets please click here: Video Review
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If you have a retirement plan set up and you are interested in putting precious metals into your investment fund then you’re going to need to look into opening a precious metals IRA.
There is only one specific type of IRA account that will allow you to hold precious metals so you will need to speak with a person who is qualified to set this type of account up for you. Then you’ll be on your way to investing in the precious metals that are such a lucrative investment opportunity right now during this rough economic climate. So read on because I’ll fill you in on all of the details that you need to know about this incredible investment opportunity.
What Is A Precious Metals IRA?
Precious metals IRAs are the type of self directed IRA retirement accounts that allow you to hold gold, silver, palladium and platinum in your account as part of your retirement fund. This isn’t some form of stock purchasing at all, although that is possible as well, but we are actually focusing on the physical commodity that these precious metals represent.
So you would be buying for example actual physical gold coins or bars and holding them in your precious metals retirement fund as one of your assets. There are many individuals doing this right now because the value of the US dollar has gotten so weak and they fear for the future of this and other paper currencies. A lot of the big money investors are putting their faith in metals because it’s such a tried-and-tested way of preserving your wealth.
Putting your money in precious metals is definitely a very good way to protect your wealth as they grow in value. Plus this will help to secure your future by not having to stay victim to a falling dollar and other fiat currencies that just aren’t performing the way they once did due to all of the inflation and economic uncertainty in the world today.
Are Precious Metals A Good Investment Right Now?
Precious metals are an incredible investment opportunity at this point in time. They are the one true asset in this world that doesn’t ever seem to lose its value over time, so having a gold or silver IRA is a tremendous way to preserve your wealth and protect your finances.
If you look at the history of such precious metals as gold and silver, you will realize that they have only gone up in value and have never really lost any significant ground at all. Now don’t get me wrong, gold and silver have had periods where they would temporarily sell off so some of the big investors could capitalize on all of the extra money that they made. But these periods were only temporary and they were just tiny dips in the overall rise of the precious metals market.
Gold is most peoples’ favorite precious metal, and mine too as it happens. Gold has gone up in value in each of the last twelve years. It has increased in value more than 300% in that time. I have written a lot on this site already about the virtues of investing in gold and so won’t repeat any of it here. If you would like more information I would recommend that you skip over to Can You Really Afford NOT To Invest In Gold?
So instead of focusing on gold in this article I would like to bring to your attention the reasons why you should also consider investing in silver and including silver as part of your IRA. Silver is often looked at as gold’s poor relation and for that reason is often overlooked as an investment opportunity.
Silver is actually a tremendous investment opportunity right now simply for the fact that it is a highly sought after commodity that is used in many different areas of business that you probably don’t even realize exist. Did you know that you have silver in your cell phone? Did you know that the computer that you use has silver inside of it? Did you have any idea that the medical equipment that maybe saved your life or the life of one of your loved ones is also being created with silver as one of its components?
Silver is used in so many areas and most people just don’t even realize how valuable it is right now. Even though gold has risen tremendously as far as the dollar amount is concerned, silver has actually gone up even higher than gold percentagewise since the big precious metals bull market started about a decade ago. But silver doesn’t get its due because the dollar amount is still relatively low.
You should look at that as the tremendous opportunity that it is instead of thinking that gold is the only option available to you, and consider including silver in your precious metal IRA too. You’ll be able to buy up a lot more silver and if the indicators are anything to go by, then the precious metal silver is going to be worth a hell of a lot more money in the not too distant future.
How Do I Get Started ?
There are a few ways you can go about opening up a precious metals IRA, and depending on your situation, it’s really going to be up to you to figure out which best suits your circumstances.
If you have an investment advisor that you work with regularly then it would be a good idea to mention it to him or her so that they can begin the process of opening this type of IRA for you. This will allow you to start investing in these wonderful commodities that are truly diamonds in the rough as far as investment opportunities right now.
What If I Don’t Have A Financial Advisor?
If you don’t already have your own financial advisor then I highly recommend you fill out the contact form at the top of this page (‘Request Your FREE Gold Investment & Retirenment Kit‘) and then hit the button to send it in. Doing this will connect you with one of the highly qualified representatives from Regal Assets who are true professionals in the area of precious metal IRA investments. Regal Assets are the company that I deal with exclusively now for all my precious metals dealings and who set up a gold IRA for me. I have no hesitation in recommending them.
Once they have your contact information, somebody will immediately get in touch with you so they can provide you with a free consultation and answer any and all questions you may have. That’s why you must remember to send them your ‘phone number.
You’ve probably already got a list of questions regarding precious metals IRAs such as whether to transfer or rollover your existing 401k or IRA, how you go about setting up a new IRA, how to fund your account, how to go about buying your precious metals and so forth, and I’m confident in saying that the Regal Assets representative who calls you will be able to answer all your questions.
They will also send you your free gold investment & retirement kit which will give you a lot more information and insight into the world of precious metals investing and taking advantage of precious metals to secure your retirement. This is good if you’re brand-new to this type of investing because you’ll learn a lot and you’ll feel a lot more confident in what you are about to do.
The actual process of setting up precious metals IRAs is probably a lot easier and quicker than you think. I have written details of the process I went through step by step here: Step By Step Process
So fill out the form as soon as you’re ready to begin this incredible investing opportunity. And let the good people at Regal Assets set you up so you’ll truly be able to retire knowing that your financial well-being is safe and secure.
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When I first looked into including gold in my IRA I was uncertain of what I was supposed to do. I researched and contacted a number of different companies and the one I felt most comfortable with was called Regal Assets. The representative who helped me was extremely knowledgeable about gold investing and the mechanics of setting up gold IRA accounts. He helped me out through the entire process and the information that he provided me with was extremely invaluable and I probably wouldn’t have made this happen without his assistance. In fact I’ve used Regal for all my gold and precious metals dealings ever since and have never looked back. The representative I first spoke to became my Account Executive and I now consider him as much a friend as a business contact.
I’ve put a personal video review of Regal Assets below. It’s only a couple of minutes long and in it I reveal the main reasons why I recommend them. If however you’d prefer to skip that then just scroll down to the form further below where you can request one of their Free Gold Investment and Retirement Kits. One of their brokers will then get back to you.
Regal Assets are also recommended by Columnist, talk show host and actor Alan Thicke. You can watch his short video here:
What Is The Process For Setting Up a Gold IRA?
When I set up my own Gold IRA with Regal Assets this is how the process worked:
I requested a free Gold Investment and Retirement Kit which they sent to me. Also one of their representatives gave me a call at that point and answered all the questions I bombarded him with!
In the kit they sent me I got a 1 page setup form, which was really easy to fill out.
Once I’d filled out the form I scanned it and emailed it back to them. From that point on they pretty much took care of everything.
Once they received my form they emailed me all the paperwork, which they had already filled out for me. All I had to do was print it out, sign it, scan it and email it back to them.
Once they got my signed paperwork back they set up a self directed IRA with Sterling Trust for me and advised me the account number as soon as they had it.
Once I had my account at Sterling Trust they worked with my existing custodian to transfer my funds from my existing retirement plan over to Sterling Trust. All that was tax free and with zero penalties.
Once my money was at Sterling Trust a broker let me know and then I had to decide what kind of metals I wanted in my portfolio. I wasn’t too sure about that so I spoke to the Regal Assets Account Executive they allocated to me and he gave me some good advice and answered all my questions.
Once I chose the metals I wanted Sterling Trust sent the money to Regal Assets and in return Regal Assets sent my chosen metals to the depository I nominated (which also they helped me with).
Since my metals have been at the depository I’ve been getting quarterly statements. I can also check the progress of my account 24/7 online.
One other thing worth mentioning is that because I had more that $10,000 in my existing retirement account Regal Assets took care of the setup fees and the first year’s storage charges. That saved me about $300 compared to what I would have had to pay to other companies.
How Do I Get Started?
If you would like to talk to Regal Assets about opening up a new gold IRA account or about transferring or rolling over your existing retirement plan, then use the form below to request one of their free Gold Investment & Retirement Kits just like I did. Make sure you include your phone number then one of their knowledgeable representatives over there will get right back to you. The Kit they send you will include the 1 page setup form which is all you will need to complete to start the simple process.
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The main purpose of this article is to reveal how you can leverage gold and other precious metals via a self directed IRA to protect your retirement portfolio from the ravages of inflation, possible hyperinflation even, and the ravages of economic turmoil and uncertainty.
I realize that some readers may need background information about self directed IRAs and the pros and cons of them in the first place so I will start there by explaining the whole process behind this type of IRA account.
If you wish to skip that part and jump straight to the information about how to leverage gold and precious metals please click here.
Let’s start by taking a look at some of the options that are available to you right now.
Why Choose Self Directed IRA Accounts?
This is obviously the most important question you need to ask yourself. So if you can figure out the reason why you’d prefer this type of IRA over a traditional IRA then you’ll know whether or not it’s perfect for you.
In my opinion, self directed IRA accounts are actually much better than traditional ones because you have a lot more freedom to invest with these particular types. One of the problems with owning a traditional IRA account is that you need to get approval from an IRA custodian if there are going to be any specific changes in money management regarding your account.
The reason why a self directed one is so much better is that you don’t have to go through any of the red tape regarding the management of your own money and investments and you don’t have to deal with any type of an IRA custodian whatsoever. This puts the control completely in your own hands and you don’t have to let anybody dictate how and where you invest your money. The choice is solely yours and there are no hoops to jump through to make the right investments that line up with your own particular situation and circumstances.
Are There Any Other Reasons To Take The Self Directed Option?
Yes, there are certainly some other very important reasons why you’d want to take the self directed option as opposed to going down the traditional IRA route. Since you do not have to deal with an IRA custodian you also get to keep more of your money because you’re not forced to pay any IRA custodial fees. This in my opinion is a tremendous benefit.
What’s the point of having an IRA custodian manage your traditional account if he or she is going to be eating into your profit potential by taking management fees to look after your money?
There are all kinds of reasons why your custodian might charge a fee, and they could be for something as simple as processing one tiny transaction that you could most probably take care of yourself.
If you just had a little bit more confidence in yourself and a bit more knowledge you would easily be able to manage your own investments without the assistance of anybody else.
How Can I Divide The Funds In My Self Directed IRA Account?
This is a very important question, and it’s good to know that you can divide funds in self directed IRA accounts in many different ways as long as you are using appropriate self directed IRA services.
If you decide to go this route, and I do highly recommend that you use this option available to you, you’ll be able to put your money into all kinds of things like commercial property, foreign real estate, tax liens, raw land, discounted notes and even investment property.
It’s very easy to divide up these funds by simply writing a check and then managing these different accounts very simply. This is just one option available to you and it is definitely a good one because it allows you to diversify your IRA even further to limit your risk potential in any one particular area.
How Else Should I Diversify The Risk?
One of the best ways to diversify your investment portfolio right now is by investing in gold and other precious metals. I recommend you do this by actually buying the physical commodities themselves as opposed to the more risky option of investing in them indirectly on the stock market. It’s very different from buying the precious metals themselves, and you could really stand to lose a lot of money if you don’t understand both how this market works and the volatile nature of some of these ETFs that are available for precious metals.
Personally I’d even stay away from investing in the mining companies themselves, otherwise you are relying on the management of the particular Company as well as the local conditions where the mine is located rather than just on the performance of the commodity itself.
The purpose of this article is not to explain the huge benefits of investing in gold but if you want information about that I recommend that you jump to another article I have written on this site about why you can’t afford to ignore gold.
How Should I Use My Self Directed Account To Invest In Gold and Other Precious Metals?
The main way you want to invest in gold and other precious metals is by buying the physical commodities themselves. And the only way to have the ability to own precious metals in this type of IRA is to have a specific type of account that is mostly known as a gold IRA account. For more information about these please read another article I have written here covering Frequently Asked Questions about Gold IRA Investing.
With the global economy struggling so much, and with no real ending in sight to the economic downturn, you really want to have gold as part of your holdings to hedge your bets. Most financial experts are recommending this right now and the general census of opinion is that it is wise to have up to 30% of your investment and retirement portfolio held in physical gold.
How and Where Can I Get A Self Directed IRA To Invest In Gold?
The short answer to this is, talk to an expert! By that I mean someone with expertise in both precious metals and retirement accounts. The good news is, I’m about to tell you who I recommend and why…
The people that I used to set up my own Gold IRA were a Company that I now use exclusively for all my physical gold and precious metals dealings named Regal Assets, a California based precious metals dealer. I can thoroughly recommend them as their representatives are highly qualified and extremely knowledgeable when it comes to precious metals and retirement accounts.
They will guide you through exactly which types of gold (and silver, platinum and palladium) bullion the United States government currently permits you to hold in an IRA for retirement plans. Plus they can walk you through every step of setting up, transferring or rolling over your retirement plan.
I was amazed how simple this was because I was expecting a load of paperwork, phone calls and hassle! If you would like to know in detail how the process works then skip over to where I have written a detailed report of my experience: How I Set Up My Gold IRA Step By Step
I first came across Regal Assets when I filled in a form on a website I happened to be visiting. It was a form to request a free gold investment & retirement kit and straight away after submitting my details one of their representatives called me. I was pretty impressed with that and how knowledgeable and helpful he was. I’ve been dealing with them ever since and the great thing is now I see them all there as my friends.
I’ve put one of their forms here on this site at the top so that you can do the same as I did. Don’t forget to send your phone number so that one of their specialists there can call you back. I’m sure it will be a decision you’ll never regret.
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Let me cut to the chase. There are traditional retirement plans that everyone knows and talks about and there are Non-Traditional ones that just a select few savvy people are aware of and are taking advantage of right now.
In this article I am going to start by recapping the traditional retirement plans then I will lift the lid on the ones you really need to know about in these crazy economic times that are casting so much uncertainty around us all and which are threatening our future prosperity.
What Are Some Of The Traditional Types Of Retirement Plans and Accounts?
There are different types of retirement plans and accounts out there for you to choose from. So let’s take a closer look at the various ones being offered to supposedly fit in with your future goals and dreams for retirement:
the first type of retirement plan that I’d like to mention is called a simple IRA. If you need to choose this option then you are going to find yourself in a situation where you work for a company with less than 100 employees. You will not be forced to contribute into this plan at all, so you definitely want to make sure that you take full advantage of all of the options available to you that you will get with this type of an IRA. Your employer will have to contribute though, so you will at least get that benefit to help you build your future after you retire.
The second type of pension plan that we’ll discuss is called a simplified employee pension, or SEP for short. This is what a lot of small businesses will offer because this only works for a company that has less than 25 people. There are some very specific requirements that need to be met, and you will need to be with your company for at least three years before you are eligible to receive any of the contributions. Your employer will decide on the amount of the contributions each year, so you’ll have to discuss that together and come to a mutual agreement.
A 401(k) is the third option. Any contributions made are often growth tax-deferred and if you withdraw this money before you reach retirement age you are going to suffer some very severe penalties. The options for 401(k)s most often are simple 401(k), traditional 401(k) or safe harbor 401(k) plans. Occasionally a company will also have a Roth 401(k) plan which allows you to make further contributions of either your pretax or after-tax salary.
What Are The Non-Traditional Retirement Plans That I Should Know About?
The biggest investment opportunity available right now is to begin investing your money in precious metals as a key piece of your retirement plans. The potential precious metals that you can invest in are gold, silver, platinum and palladium. These are very good investment opportunities to take full advantage of during a struggling economy.
Take gold for example. It has what is technically known as a ‘negative correlation’ with stocks, bonds and the value of the dollar. This means that when they all go down, gold goes up in value. You’ve probably read that the US National Debt has soared to a staggering $17 trillion and is rapidly spiraling out of control. What you may not know is that the value of gold went up each and every year between 2001 and 2012. Or that is has gone up in value by 300% since 2002 even taking into account the pull back in price we have seen so far in 2013.
Maybe you also were not aware that emerging countries like China, India and Russia are replacing their reserves of paper money with gold as quickly as they can. Or that super wealthy individuals all around the world are doing the same?
Well what not everyone lets on is that everyday folk like you and me can protect our wealth, savings and future prosperity too by investing in gold and other precious metals and that we can also incorporate these investments into our retirement plans.
Yes, that’s right. We can use these forms of investment to hedge against the current inflation and the threatened hyperinflation that our governments are leading us to by printing more and more money. And the even better news is that if set up correctly we can use a precious metals retirement plan to legally invest in precious metals now and not have to pay any tax on our gains until we retire.
What’s The Best Way To Invest In Precious Metals For My Retirement?
The main way is to open up a self-directed IRA account that allows you to purchase and hold gold and other precious metals as part of this investment vehicle.
You see, not every IRA account will allow you to have gold or precious metals as part of your holdings, so you have to open up a particular type that is most often referred to as a Gold IRA Account. This is the best way of gold investing when you are doing it from the perspective of a way to help solidify your retirement and to help your retirement account grow.
Who Can Help Me With All This?
Look, I’ve touched on some of the ways precious metals retirement accounts and gold IRAs work and although I know more about them than most people there’s no way that I am an expert. So the best bit of advice I can give you is to talk to an expert. Someone who knows the ins and outs of transferring or rolling over IRAs and 401ks or of setting up a precious metals retirement plan up scratch. And someone who knows exactly which types of gold and precious metals you are allowed to incorporate into one of these retirement plans.
When I first looked into investing in precious metals, I realized right away that there was only one company that I felt comfortable dealing with throughout this entire process. The name of the company is Regal Assets, and I was very cautious when I first started dealing with them but the three different representatives I spoke to were extremely competent and very knowledgeable about gold and precious metals IRAs.
So what I did to get my relationship started with the people at Regal Assets was I filled out my contact information on the form of the website that I was reading at the time. I’ve placed one of these forms at the top right hand side of this site so you can start the process as well.
One of their very knowledgeable staff members contacted me right away and after speaking to this individual for a brief period of time we eventually began the process of creating a self-directed IRA and investing in gold and silver. These were investments that I wanted to make to help diversify my portfolio and solidify my financial future.
It may surprise you to know that the process of setting up a precious metals retirement plan is really simple and straightforward and only takes a few weeks from start to finish. If you would like to know how that process works in detail then skip across to the account I gave of when I set up my own one
What I recommend you do now is send Regal Assets your name, email address and telephone number in the form I’ve put at the top right of this site then one of my friends there will get right back to you to discuss all your requirements. He will also send you out a complimentary Gold Investment & Retirement Kit which will include a whole load of really useful information, both about precious metals and precious metals retirement accounts. It will also include information about their Company which you need to know if you are going to trust them with your future. If you’re lucky like I was he might even slip something else into the package that I really wasn’t expecting.
Why Bother With Making Retirement Plans?
It’s never too early to start planning for your retirement, and you definitely want to make sure you have yourself a nice nest egg set aside so that you can truly enjoy the golden years of your life. You don’t want to have to worry about money troubles when you are older and you will not have the skills any longer to compete in the workforce. So it’s very important that you take care of all of your financial issues now so that you are safe and secure when the time comes for you to sit back and enjoy your retirement.
You need to work on ways to secure your retirement right now because you’re going to have a lot of other things that you need to focus on as you get older. One of the main things that you are certainly going to want to do is spend time with your grandchildren and you may even need to help out your children by supporting them in a role as a babysitter or caretaker for their little ones while they are working and doing what’s necessary to support their family. You’ll only be able to do that if you take care of your financial retirement planning now so that they aren’t an issue once you reach that point in your life.
Don’t leave your retirement to chance. If you fail to take advantage of the options mentioned here to protect and secure your future whilst they are still available to you and before it’s too late you could end up regretting it. You don’t want to end up flipping burgers just to get by in your twilight years, do you! Get started now by filling in the form at the top. I’m sure that at some point in the future you will look back at this as a momentus decision that enabled you to enjoy the sort of retirement that you always intended whilst others around you are not so fortunate.
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If you are at the stage in your life where you have surplus funds and you are looking into the best ways to make your money work for you then now is a good time for you to start thinking about investing some of that money in gold.
The trend over the past decade or so has been that gold and some of the other precious metals such as silver, platinum and palladium have offered tremendous investment opportunities that a lot of shrewd investors have taken advantage of and benefited from.
There are a number of reasons for considering gold as an investment option right now, and I’d like to share some of those with you so you can make an informed decision about whether to make it one of your main investment strategies for investing money in gold. So let’s take a further look at this topic point by point.
What Makes Investing Money in Gold Such a Solid Opportunity Right Now?
The main reason why you should start investing money in gold today is because of the current fragile state of the economy on a worldwide scale. The biggest investors in the world, plus some really large countries like China and Russia have all started flocking toward gold and have been buying it up in huge quantities.
Why do these countries and the large investors in the United States want to own so much of this precious metal? Because the value of the American dollar has been rapidly depleting throughout this current economic crisis.
The Federal Reserve keeps printing more and more money in an effort to relieve the country of some of its economic burdens, but the reality is that the more money they print, the less value each dollar has.
Since the US dollar is such a large part of the world economy, it is inevitable that any serious investor or large holder of wealth is going to want to protect themselves from a failing dollar by putting their money in something that is a lot more stable. That’s where gold investing comes in because it has proven itself throughout history to be the perfect hedge.
If you would like to learn more about how serious the economic situation really is and what you can do to protect yourself and your family I recommend that you watch the video below (Tip – just click on the box in the bottom right hand corner of the video once it starts playing to expand it).
Over the past decade the price of gold has increased three fold, and at one point it had risen over $1000 an ounce higher than what it was back in the year 2000.
Remember that these prices fluctuate and investors like to take their profits from time to time. That’s partly why the price has bounced back a bit, and at the time of writing (mid 2013) it is sitting around the $1300 an ounce mark.
The economic picture is likely to start looking worse again once people realize that a lot of the so-called improvements we’ve been told about and led to believe are mostly fake and it’s just the media skewing the numbers. Once that happens you will see a backslide in our economic progress and the interest in gold will increase.
The resultant increased demand for gold will push its price higher and higher until it levels off once again. At that point it will be in the next consolidation phase, pending the subsequent upward rise…. and so on.
What Investment Strategies Should I Use When I First Begin Diverting Some Of My Money Into Gold?
Here are two basic strategies you can utilize when you first start investing in gold…
Firstly you can buy physical gold which you can then store in somewhere like a home safe or a bank safety deposit box. The options you have are to buy either gold jewelry or gold bullion.
Investing in jewelry will not give you the best return on investment because its value is never based solely on the spot price of gold. This is because the price when you buy includes the design and fabrication costs but these are rarely taken into account when you sell. Jewelry is also less liquid than bullion because buyers’ personal tastes and preferences will always influence the price and speed at which you can sell.
You will get the best return on investment by investing money in gold bullion, which takes the form of either gold coins or gold bars. I will not expand on this here as I have written about it in depth elsewhere on this site > Click Here.
The second option, which I happen to feel is the much better one right now for anybody looking to secure their retirement, is to open up a gold IRA so that you can start buying up actual physical gold bars and gold coins to go into storage in your own name as part of your individual retirement account.
A gold IRA is the only type of retirement account that lets you hold physical gold as part of your retirement fund. There are lots of benefits in making gold part of your retirement investment portfolio, the main one being that gold acts as a hedge because of its negative correlation with the other types of investments you are likely to have in your portfolio such as bonds, stocks and shares. Whenever these fall, the price of gold tends to go up. So as you can see, including gold in your overall portfolio gives you security because it protects your wealth.
You can easily transfer or rollover your existing IRA, 401k or any other retirement plan for that matter into a Gold IRA. For more information about Gold IRAs I recommend that you skip over to where I have covered this topic in considerable depth. There I also give you a step by step walkthrough of how I set up my own Gold IRA so that you can follow the same process if you want to. I think you’ll be surprised how easy it is.
Where Can I Go To Buy Gold?
This is a no-brainer for me because I’ve been investing money in gold for quite a while now and I’ve learned the ins and outs of this industry. So if you’d like to take my advice then I highly recommend that you work with a company called Regal Assets to get started investing money in gold.
They are a highly respected and well established California based gold broker who specialize in both precious metals and retirement accounts. Based on my own experience with them I have no hesitation in saying that they will be able to take care of all of your needs.
Regal Assets will help you establish your gold IRA account if you choose to solidify your retirement future (and I really hope you do), or they will be able to help you make your gold purchases online in a very simple and easy manner.
If you would like more information about them you can click on this link to watch the video review that I’ve made: Regal Assets Reviewed
To get the ball rolling with them all you need to do is send them your name, phone number and email in the form at the top of this page to request one of their excellent complimentary Gold investment and Retirement kits. Once you’ve submitted those details one of their knowledgeable specialists will give you a call to discuss your requirements and answer all your questions. What you’ll be getting in effect is a free consultation with a gold and precious metals expert!
Simply fill out the form today so you can get started investing money in gold right away.
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It has recently become both very popular and a very wise move to learn about investing in gold. Clearly, people are thinking that gold investing is a good hedge against any currency fluctuations and to stave off future inflation.
First Tip: Invest In Gold Bullion
Your 3 main gold investment options are to
Buy gold jewelry
Buy gold stocks and shares
Buy gold bullion
It is not wise to invest in gold jewelry if your main objective is to get the best ROI (Return On Investment). This is because the cost of designing and making the jewelry is built into the price when you buy but it is not taken into account when you sell. The selling price is not based just on the prevailing price of gold and the item will not be as liquid as gold bullion because personal tastes and preferences will come into play.
Buying stocks and shares in the gold sector which principally includes gold mining companies does not guarantee that your investment will rise in correlation with the price of gold. Of course the gold price will have a strong influence but your investment will also be governed by how well the companies you invest in are managed.
The safest means of investing in gold particularly for inexperienced investors is to buy gold bullion. For more information please refer to the article I have written elsewhere on this site about gold bullion investing.
Second Tip: Avoid Telemarketing Companies
These telemarketing companies are just shameful. Some have even made the news reports regarding how they are ripping people off. It is always best to go with a gold dealer who has a solid reputation and stellar customer service. As well these telemarketing companies have far higher fees than your average gold dealer so you would have to hold on to your gold for far longer in order to see any profit.
Here is a rule of thumb regarding any investment, just do not buy over the phone from someone who has cold called you. Stick with a Company you have researched or who you have been recommended to. While some good deals may be offered by some reputable telemarketing companies there is just too much risk involved. You simply do not know the person on the other end of the line and you could easily get ripped off.
Third Tip: The Size Of The Coin Matters
When buying gold coins the size of the coin matters. American Eagle coins for example are sold in four increments and those are one ounce, one half ounce, one quarter ounce, and one-tenth once respectively. The best coin to buy is the one ounce American Eagle coin because that is the best value for money vis-a-vis the spot price of gold. Smaller coins are actually more expensive per ounce of gold. You just get a better deal with the larger coins.
Even if you can afford a gold bar it is better to buy coins of the same monetary value because these are more liquid if you want to sell (because you can sell to a number of different buyers instead of one) and because a gold bar will be very heavy and not too easy to ship or transport.
Fourth Tip: Avoid Rare Coins
Although it may seem wise to buy rare coins the cost of overhead to ensure you are making the right deal is just not worth it. Rare coins may look remarkably similar but be graded differently thereby altering their value significantly. In order to make sure you do not get ripped off you will need to have each coin appraised by an expert and a certificate of authenticity issued for each and every coin. When you are looking to buy a lot of coins those costs can add up rapidly and degrade your overall investment.
Having said all that you stand to make more gains from rare coins but the risks outweigh the rewards for new and inexperienced investors. If you are an experienced collector then investing in rare coins has definite advantages though.
Fifth Tip: Put Your Gold In Your IRA
The US government allows you to put certain gold coins into your IRA. Whether you wish to make this a small percentage or a large amount, either way is fine. This works by having your IRA custodian buy the gold from your preferred gold dealer or by buying the gold yourself from a dealer who is also an IRA custodian. The United States Mint simply does not sell gold directly to people so you have to buy through a dealer.
Setting up a Gold IRA may sound complicated but in reality it’s actually a simple and straightforward process. To see how I set my own one up within two weeks and by only having to fill out a simple one page form Click Here Now.
There are numerous reasons why you should invest in gold to protect your retirement. As I mentioned before you will be safeguarding your investment portfolio and hedging potential losses as the upward trend in the price of gold is extremely likely. By making sure you have a steady value of money waiting for you when you retire will ensure that you can live comfortably and not be a burden on any of your family members. Investing in gold via your retirement fund also has a lot of tax advantages.
Many of the larger gold dealers are also IRS custodians so they will be able to take care of everything for you in compliance with the laws overseeing IRA’s in the United States. The dealer that I use personally and thoroughly recommend is Regal Assets. They are specialist gold dealers and retirement fund experts who deal with the entire transaction from start to finish.
If you’re ready to start your journey into gold investment, either to buy and hold or to include in a retirement fund, I recomment that you enter your name, email and phone number in the form at the top. Once you’ve submitted those details one of the Regal Assets specialists will call you to answer all your questions, discuss your requirements and to arrange to send you one of their excellent and complimentary Gold Investment and Retirement Kits.
Gold investing is becoming a very wise move indeed. The price of gold has risen for each of the last 11 years and this trend shows no signs of abating as uncertainty in the US dollar, currency markets and the economy worldwide continues to grow. This is why most financial experts are recommending that gold and other precious metals are included as an integral part of your investment portfolio.
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You may have heard about the QE3 but aren`t sure what it means in terms of the economy, investment market and the price of gold. The QE3 is likely to impact all corners of the market, but the price of gold is one of the areas that will continue to benefit from this government monetary policy announcement.
The term, “QE” stands for quantitative easing, a non-standard monetary policy central banks use to stimulate the economy when the current monetary policy is failing to have an impact. The “3” simply stands for the third round of such an event, which occurred in September of 2012.
The previous rounds of non-standard policy announcements were referred to as “QE” and “QE2″ respectively and also impacted the prices of gold and other precious metals. However, the QE3 appears to have had more of an impact than its predecessors.
The QE3 policy refers to the Federal Reserve`s decision to purchase billions of dollars in mortgage-backed securities indefinitely and keep interest rates set at zero percent for the next three years at least. It also includes the possibility that the board will make more purchases to help bolster employment rates and take other measures to stimulate the economy for the foreseeable future. The other measures were not specified in the announcement but were referred to in a general sense.
After the QE3 announcement was made, the impact was immediate. Commodity and stock prices went up while the strength of the U.S. dollar went down. Meanwhile, gold prices shot up by more than two percent, showing the correlation between the QE3 and the price of gold.
Historically, anytime the market flounders or the weakness of the economy becomes an apparent issue, the price of gold rises as a result. The QE3 announcement confirmed what many already believed. People and businesses in the U.S. are saving more instead of spending and putting the money back into the economy.
Consumers will continue to do so while the market is unstable. High unemployment rates, tighter lending requirements, an uneasy stock market and other financial concerns have driven consumer confidence down, which makes it harder for businesses to grow and survive.
The uncertainty in the economic policy changes and the 2012 presidential election may also have played into the spike in the gold value after the QE3 announcement. With all these factors paired together, precious metals, including gold, become a sounder investment. More people look to buy gold instead of investing their money in an unstable market, so the price of gold naturally goes up in line with the public demand.
Gold prices have risen steadily over the last decade, with economic instability being the biggest driving factor. Financial information websites, such as Simply Finance, provide ongoing market data. Since the QE3 included very open-ended aspects, investor fears drove the price of gold even higher, a common occurrence in uncertain times. Unless employment rates and other areas of the market improve, the QE3 policies will continue and the price of gold will continue to rise as a result.
In the video below Dr Robert P. Murphy shares his controversial view about QE3:
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