Gold Ira Companies are starting to become popular – let’s talk about why.
It’s hard to ignore the success of precious metals over the past 11 years. Gold is on an eleven year bull run. Investing in gold would have helped you avoid financial peril throughout the collapse of the US markets in 2008 and subsequent years.
While gold has enjoyed a great run, it’s worth pointing out the uses for silver make it an incredible asset to own as well. Silver can be used in the same roll over technique by companies (we’ve reviewed a few – see below) that specialize in storing physical gold in a vault or depository as part of your ira or 401k account. This has become extremely popular in recent years, and we have a company we can recommend you work with if you’d like to investigate this strategy for yourself.
Gold Ira Investing – My Thoughts & Review
When you take a look at inflation and what is happening to the United States currency, it’s easy to see why many people are contacting gold ira companies to help them roll over their retirement account into one backed by precious metals.
Gold for Retirement: A “Golden Investment”
Ralph Waldo Emerson once said, “The desire of gold is not for gold. It is for the means of freedom and benefit.” In laymans terms? Investing in gold is a wise choice. Gold is one of the world’s most precious metals; so rare that the world pours more steel in one hour than it has poured gold since time began.
All of the gold in the world could be compressed into an 18-yard cube, which is about 1/10 the mass of the Washington Monument. It is been estimated that only 88,000 tons of gold have been taken from the earth since recorded history, leaving far more yet to be discovered. Let’s take a look at some other fascinating, gold-chipped information!
Review The Chart Below – It’s Eye Opening!
(Then read more about how to start a gold ira)
Recently, I had the opportunity to check out a California gold dealer that has set-up a system allowing people like you and I to invest their retirement accounts in precious metals. Most people refer to these as gold ira investments or gold ira roll overs, but the fact of the matter is, you are putting your retirement nest egg into the value of gold (or the precious metal that you choose – it could be silver, palladium, copper, etc.)
The process, which is all administered by the company, Regal Assets, an A-rated firm by the Better Business Bureau of California, can happen in one of two ways.
Option 1 is a Transfer
Simply transfer assets from one custodian to another. A distribution check from the old custodian goes to the trustee or custodian of the new account receiving the funds. These transfers can be as frequent as you wish.
Option 2 is a Roll Over
In this option, your existing retirement account is transferred, or “rolled over” to a new retirement plan within 60 days. (Doing so saves taxes and penalties, which of course your advisor at Regal Assets will tell you about.)
Both options can be explained to you by an advisor in the retirement department by calling 1-855-682-1084. You can also fill out the form on this site and they will send you a gold investment kit with no obligation.
Investing in physical gold has been something I’ve had as part of my strategy dating back to 2004. Take a look at what the price of gold has done since 2004 by using the interactive chart below.
You can see substantial gains on my gold bullion investments and use the same strategy for your retirement accounts like 401k and IRA.
On this page, I try to tell you everything I know about investing in gold for retirement. ReviewBank.com readers are entitled to a free gold ira investment kit, courtesy of us, from the California gold company I spoke of earlier, Regal Assets. Just fill out the form below and you’ll get the kit sent over to you so you can learn more about the process of investing in gold as part of your retirement plan.
I’m fully backing this company that helps you put your money in gold as a means for a retirement strategy, mainly because of the way they make it easy, and of course, very efficient and official, when it’s all said and done. I have looked around for other firms who can help be gold ira custodians, and haven’t been as impressed.
Not to mention, their advertisements are so creative, it’s really a cool advertising campaign!
For more information, or to speak to a gold retirement specialist, fill out the form above, OR, just visit them online through this link:
If you do convert your ira to a gold-backed fund, please come back and leave your experience below by rating this page or leaving a comment using your Facebook account.
Thanks in advance and good luck to you should you go forwarding investing in gold ira accounts as a retirement strategy.
Enjoy the following research about gold investments.
More Useful information on Gold:
A “troy ounce” of gold weighs 480 grains. For those of you who were wondering how much a grain weighs, it is exactly 64.79892 mg.
The French town that created the system of weights in the Middle Ages was called Troyes; hence the term ,“troy ounce,” when weighing precious metals.
Gold purity is measured in “carats,” which are exactly 200 milligrams (or 1/5 of a gram).
Carat weight of pure gold is typically 10, 12, 14, 18, 22, or 24. Gold must be a minimum of 10 carats to be considered “solid gold,” and “pure gold” is 24 carats. Completely-pure gold is so soft that it can be molded by hand and is often not used for this reason!
Due to its rarity, a gold nugget can be worth three to four times the value of the gold it contains. A one-ounce gold nugget is more rare to find than a five-carat diamond.
Did You Know?
According to Gold & Technology, the largest gold nugget ever found was discovered just 2 inches below the surface of Australia on February 5th, 1869 by John Deason and Richard Oates. Measuring 10 by 25 inches, this nugget wound up yielding 2,248 ounces of pure gold!
Because gold has so many technological applications, its value is only going to go up in the future. Gold can be chemically liquified and then injected into the muscles of rheumatoid arthritis patients. The procedure is successful in 7 out of 10 cases.
NASA uses gold to coat the glass of astronaut helmets in order to reflect infrared rays while allowing sunlight to pass through.
Gold is really quite a remarkable substance. Gold can be hammered so thin that sunlight can shine through it! It is also so pliable that it can be made into sewing thread.
You can make a wire that is over 50 miles long using just one ounce of gold. Gold can be hammered into sheets so thin that a pile of them an inch high would be more than 200,000 separate sheets thick.
The world’s oceans contain about 10,000,000,000 tons of gold. There are 25 tons of gold in every cubic mile of seawater, but there is no known way to economically recover it.
Gold is also six to seven times heavier than other materials. It is so heavy that 1 cubic foot of gold weighs half a ton.
Google (GOOG) and gold had about equal value on the stock market in 2005. But by the end of 2008, Google closed at $307.65 a share, while gold closed the year at $866 an ounce.
While market corrections are bound to occur with any commodity, gold has shown that its value will continue to grow as time goes on. It is a versatile substance that is useful, not only in finance but also in technology, where its applications are countless and varied.
Planning to retire someday and wish to enjoy your golden years? Consider the value of a gold ira investment.