Smart American investors are looking for the best gold IRA companies and diversifying their portfolios into precious metals like gold and silver. Should you be doing the same?
If You Have Substantial Retirement Assets, Owning Gold or Other Metals Provides a Sound Strategy To Preserve Your Wealth During a Severe Downturn or Economic Emergency
Egon von Greyerz has a swiss banking background and is a world-reknowned wealth preservation expert and author at DailyReckoning. He makes frequent appearances on BBC, King World News, CNBC and other financial new sources.
Governments are bankrupt…debts are increasing now…and there is no chance whatsoever to reduce the debts.
Watch Greyerz’s astonishing views in this short video:[youtube id=”4UGNa_7Ck2g”]
If you’re like us, this kind of news is not only troubling by itself, but it’s enough to make you start to worry about the future over the next few years.
Add to this mix the stress and anxiety of planning for a ‘bulletproof’ future retirement, and you have a recipe for some pretty sleepless nights!
Are Gold IRA Safe?
Should You Diversify Your Retirement Assets Through a Gold IRA Rollover or Transfer?
The fact that you found this site means that you have taken the time to search for information on the best gold ira, and you may have already thought long and hard about a rollover or 401k conversion with precious metals.
As you already know…
The Taxpayer Relief Act of 1997 permits a self-directed IRA to hold a wide variety of creative vehicles beyond holding paper assets such as ETFs and other traditional investments. And because gold is so often used as a hedge against inflation, these types of accounts can make attractive additions to a retirement portfolio.
Yes, it’s true:
Some investors and experts don’t like gold as an investment — but others have long recommended diversifying your portfolio with precious metals.
Some obvious benefits if you diversify your portfolio:
- Guard your wealth against market volatility (ex. Black Monday; 2008 crash)
- Safeguard retirement funds and smooth out risks
- Transfer Money to your children or grand children
- Provide a tangible storage of monies during extreme financial emergencies
- Free your holdings from the trap of government fiat currencies
You still might be wondering:
Is a self-directed IRA a good fit for all investors? Maybe not…
But for the investor that understands the benefits, it provides a unique method of expanding and protecting your resources in highly creative ways.
Wealth Preservation – Have You Protected the Assets that Your Family is Counting on if Events Turn for the Worse?
You have probably spent sleepless nights mulling over the decision to transfer or rollover your IRA into gold – and you may also be wondering whether you’re making a sound financial decision.
Take heart – some of the world’s savviest investors have positions if gold. If you follow suit, you’ll be in really good company.
Hedge fund manager; Elliott Management
Est. Net Worth: $2.2 billion
“It makes a great deal of sense to own gold. Other investors may be finally starting to agree ….. Investors have increasingly started processing the fact that the world’s central bankers are completely focused on debasing their currencies.”
Hedge fund manager; Odey Asset Management Group
Est. Net Worth: $1.1 billion
“Gold was the original currency. It came out of distrust of governments and was chosen because it could not be manufactured at will….”
Hedge fund manager; Doubleline Capital
Est. Net Worth: $1.66 billion
“One of the things driving markets lower is a declining belief in—and enthusiasm for—central-planning authorities and the political establishment. In this environment, gold is a safe asset.”
Businessman, Fiore Group
Est. Net Worth: $1.0 billion
“Gold will remain a core asset in my portfolio for as long as western governments borrow, spend and print. I don’t see that changing anytime soon….All the reasons why gold went to $2,000 in the first place are still there, and in spades. Nothing’s changed fundamentally to tell me in any way that one should divest of my gold position.”