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The Gold IRA is more popular than ever for diversifying in precious metals

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History shows that investing in gold or silver acts as an economic hedge against inflation. However there is a large population of Americans who want physical precious stones but lack the financial capital. If you are one such person, you should know that a 401k rollover can be done or you can transfer to a self-directed Gold IRA. The reason you’d need and want to perform the 401K rolling over is because your current retirement plan doesn’t allow for physical precious metals. A Gold IRA is the best option to obtain physical precious metals. You can see open gold ira for more information.

Many investors are aware that gold and silver are valuable, but they still invest in precious metals via Exchange Traded Funds. ETFs are backed by the metals. ETF share values can only be described as derivative paper assets, based on current market prices for precious metals. They don’t grant true ownership of gold or silver. Real assets are those that you can actually buy gold or silver coins or bars. They have intrinsic value now and will continue to do so for many years.

If you had the ability in 1970 to convert your 401K into a Gold IRA, and you did so in 1970, you could have rolled over $10,000 to an IRA Gold investment. After all of the wars. terrorist attacks. oil shocks. devaluation. Dollar devaluation, political upheavals, and any other factors that could negatively impact your finances or your investments, your Gold IRA today is worth $530,000.

The future value of gold, and other metals, should rise as the US Dollar’s worth continues to be devalued by our government and emerging economies need more precious metals as a means to diversify the central bank and improve infrastructure development. It’s smart to invest gold. Silver investing is also wise. But, it’s more important than ever to actually have precious metals in you hand or Gold401K, and not just shares in funds that invest in silver bullion. A 401K rollover to a Gold IRA is a great way to protect your family’s future.