With 2018 coming to a close and the stock market looking shaky (perhaps on the verge of a major downturn), quite possibly there couldn’t be a better time to buy gold with IRA.
Heading into 2019, looking to park some of your hard earned retirement money in a more secure commodity such as gold, is a popular idea. Diversifying your portfolio in this way could be the best protection against another looming financial crisis.
There’s no doubt that gold, being the historically valuable precious metal that it is, continues to be one of the worlds’ most sought after commodities and investment choices. Let’s put it this way, in the last decade or so you would have over tripled your retirement money. After the 2008 financial crises, the necessity to buy physical gold with IRA funds, is even more apparent then ever before. Please read on to learn more about the benefits of a physical gold IRA rollover from your current retirement accounts, especially in times of crisis.
Why Invest In Gold Now:
Gold overall is experiencing increased scarcity and this is beginning to become more noticeable as central banks began hoarding in recent years due to increased risks of economic turmoil. China, India, and Iran are at the forefront of gold buying and have hinted they are preparing for a large dollar devaluation.
Is It a Good Time to Buy Gold with IRA?
You’re in luck. There has never been a better time. Even though gold had taken a hit in 2013 (remember buy low), it is still up over 220% over the last decade, and now has close to tripled in value. At one point it was up 400%, thus an original investment would have been worth five times as much. And most likely those same high levels ($1,800/oz.) will be hit again sooner than one might think. So getting on the train just before it takes off would be ideal.
Credible sources in the industry even predict prices reaching as high $9,000/oz. in the “intermediate term”. However, right now the price of gold is at an opportune buying level. Please notice on the chart below (from 2013) how price is bouncing up off of a strong support area heading back up.
Now let’s compare this to the other chart right below it, had you bought five years ago, you’d still be up as the price is currently $1,318 (May, 2018). But the remaining upside is huge, as you can see.
Gold technical chart (May 2018)
As it looks today, we are on the verge of gold breaking out above the $1,365 level, opening the way to a potential rise back to $1,800. So buying low now and holding long term is the play here. And financial analysts, fund managers, and billionaire investors are investing in gold now more heavily than ever before.
Click here to see who else has invested millions into gold.
This ceaseless demand makes gold values continually increase more so than other precious metals and known commodities. Most central banks of developed and non-developed countries have been increasing their reserves discreetly as an insurance against financial calamities. Check out this chart below.
The Real Opportunity
Most people are not fully aware that they are able to invest and own actual physical gold in their individual retirement accounts (IRAs). In fact, precious metals IRAs came into being in 2001 when retirement laws were relaxed to allow for other assets such as real estate as well.
It has become popular to rollover funds from a 401(k) into a gold backed IRA because you will not pay any taxes. If you currently have any type of IRA, whether it be a Roth or Traditional, etc. you can purchase physical gold through a transfer.
Click below to see our current top recommended Gold IRA company and get your free gold IRA kit.
An Important Reason To Buy Physical Gold
We’re not talking about gold funds or gold stocks either, this is real physical gold that you can hold. The problem with gold funds and the like are that they are in monetary (paper form), so if the stock market were to crash they would also become worthless. Nothing is as good as investing in real gold itself.
This presents an opportunity that many investors take advantage of by buying gold to secure their savings and to switch out of riskier stocks that are in their current 401(k)’s or IRA’s and buy gold with IRA.
NOTE: You must be careful when purchasing gold, silver, palladium, or platinum for your IRAs. They must be IRS approved bullion and coins. (To see a full list of IRA approved precious metal click the image below)
Of course, if you do not have a retirement account, the easiest and most common form of gold investing is directly purchasing physical bullion or coins. Either the custodian can hold them for you or you may take delivery.
Using Gold to Back Up Retirement Funds
Far greater security and financial stability utilizing precious metals during retirement has become the norm among high net worth individuals. Although investing in gold bullion is still open to market fluctuations, there’s no better, more secure way of keeping your funds safe than by backing it up with gold.
There are different gold sizes available for every budget. You can start out small by investing in gold coins and bullion. You must be aware that you should be buying investment grade coins. Some gold, especially certain coins, do not have the same value as the commodity spot price of gold, if it is considered a collectible (numismatic coins for example).
The best thing about using your current retirement account is that you could purchase gold without having to spend extra money out-of-pocket, without affecting your budget, simply transferring funds from IRAs and 401(K) plans are viewed as separate from your monthly paycheck payments and this type of physical gold IRA rollover also, is tax-free.
Which Gold IRA Company Are We Recommending?
Our #1 rated gold company is below, and has been our top choice for 5 consecutive years.
This year they’ve been given the highly prestigous award: The International Bullion Dealer of the Year for 2018.
They’ll point out the different investment grade bullion/coins as well as educate you on the entire rollover process involved with purchasing gold. Don’t worry, they’ll go over every type of coin and every little detail to help get you started.
No hassle, no need to purchase. In fact they pride themselves on not being pushy sales people. They don’t resort to these tactics because, to be honest, they don’t have to.
For a professional call 1-855-712-2993
Whether it be for retirement or just direct purchases, you can partially (or fully) rollover your 401(K) or buy physical gold with IRA by contacting them to assist you further. After researching further we found them to be the most reputable and by going with them you’ll save yourself from high-prices, shipping and handling fees, plus they offer segregated storage & security at no extra cost. Save yourself the aggravation and give them a call.
**Currently they’re offering to waive the set-up and administration fees for the first year, nobody else is doing this. They have an impeccable customer service rating with the top agencies such as the BBB, BCA, and TrustLink.
You can find real customer testimonials here.
You can also read our company review here.