Are we experiencing a global financial meltdown…an apocalypse of the economy? Is it still safe to have an IRA gold custodians in the U.S.?
The U.S. government prints money at an incredible rate. It is unlikely that your savings will hold their value in 10 to 20 decades. I’d like to compare it with luck. But, even with luck, you might be lucky. The dollar’s devaluation is possible, but it is not impossible.
Everyone needs to make sure that their assets are secure, particularly those that they depend on for retirement. Something that cannot possibly be changed by the power-blinded leadership and government.
One rule of thumb: As money gets circulated more, its purchasing power is lessened. This has led to widespread dollar devaluation.
As an example, consider that a ounce gold today is $1420.00. Now think about what it would be like if an Alchemist found a way of creating unlimited supplies of gold at very low or no cost.
What effect would an overproduction of large quantities of gold have on its current price?
It’s obvious that it would lose its value. Here’s what the U.S. Dollar is purchasing right now. The Federal Reserve estimates that $1.19 billion U.S. dollars are currently in circulation. Dollars in circulation…and counting.
Inflation is possible with paper money.
Today’s inflation means that a 2013 U.S.-Dollar is worth approximately four pennies.
Surviving an Apocalypse Using Simple Diversification
It is important to diversify your wealth as much as you can in order to make your savings as resilient as possible during an economic crisis.
The best asset to diversify? Gold and other precious metals.
The truth is that gold cannot be “printed” nor overproduced. This quality has helped gold withstand many economic crashes. Although the demand for it is high, there are limits to its supply. So, keep it’s value under control.
American citizens have the ability to achieve their financial goals, including a secure and happy retirement. Inflation, stock market crashes, and dollar debasement can all make it difficult to be wealthy.
By investing in gold as a hedge against a severe bear market.
You can’t keep all your eggs in the same basket, just like the old saying says.
How to Invest in Gold The Smart Way
In an environment where real estate is at its lowest, stocks and bonds fall south, and where currencies like USD are volatile, gold offers security and stability. You almost have a 100% chance of getting a positive ROI in a difficult economy with gold.
There are many different ways you could invest in gold. While some may opt to invest in bullion and bars of gold, it is possible to also buy bullion and bars of gold. However, the best method to invest gold is through an Individual Retirement Fund, or IRA. A Gold Backed IRA provides tax benefits you can’t get through other methods of investing in gold.
What does a Gold IRA Custodian look like?
The most important thing to do in order to make this transformation process a success, is to find a trustworthy gold IRA Custodian. A gold IRA trustee is usually a broker or bank who will guide you through the process. He also securely protects your precious metallics.
Additionally, the custodian handles all transactions on the owner’s behalf and keeps track of all paperwork. Certain IRA custodians may not allow investment in nontraditional assets such precious metals. Therefore, it is up to the client find an IRS-approved custodian capable of handling such investments.