Precious Metals IRA

Gold and Silver are great examples of why a self-directed IRA is a clever strategy – though the other precious metals have their own uses and perks. One thing remains the same, though; If you have a 401(k), IRA, Roth or any denomination therein that is unprotected, you could be making a critical error. To give you an idea: well over Three Quarters of retirement accounts aren’t FDIC insured. If anything cataclysmic were to happen, you’re third in line to get YOUR money, and that’s IF it even still exists. Investing your retirement in gold & silver has some amazing benefits, besides just being a safeguard against financial crisis. 

When one thinks of precious metals, one typically will automatically associate the term with gold and silver. Gold & Silver, the King and Queen of Precious Metals, the two metals that have been worshiped and had wars fought in their renowned names. Millennia after millennia, we humans just never seem to lose interest. The same holds true to this very day; as gold and silver both have a fairly unique quality which makes them perfect failsafes in times of uncertainty – Stable purchasing power. Precious Metals historically have retained their practical value. For example, you would have been able to buy the same amount of goods or services with the same weight of gold as you could a century ago. If your country’s currency falters, you should have a backup.