Gold IRA Investing

The 5 Advantages of Gold IRA Investing for Your Retirement Years

There are many advantages of a rollover of your present IRA into a gold IRA. If you’re one of the many who have lost their jobs, or you’re still working to find the funds to pay off your home, you can use a gold IRA investment to see your way through the next years.

  1. The first advantage of investing in precious metals is it never loses its value. Even if the price of gold, for example, drops, it will pick back up in a few months or even a year. A paper backed retirement is froth with up and downs. You could even lose your entire retirement investment. The stock market is a risky business. Yes, you can make thousands in an hour or so, but you can also lose thousands in an hour.

The stock market, including mutual funds, hedge funds and other investments are dependent is on the economy. When the economy is down, so are the stock prices. They even have crashes of which there is no recovery. You may recoup some of the stock prices, but at times, it takes years for the price to recover. Gold rarely has a crash, it rarely loses its value, it rarely goes down in price.

Notice the word rarely; this is due to fewer crashes gold has taken since 1833 when it became a commodity. From 1833 to 1872 the price remained stable at $18.93. In 1872 gold prices increased a penny. When the dollar stopped being the comparative value of other currencies, is when gold became the investment of choice. Gold skyrocketed in price in 1979 to $306.00 per troy ounce. The price has steadily increased to the value it is today.

  1. The price of gold usually keeps a steady pace with the increase. The small ups and down can easily be lived through without any major crashes.


  1. Even if you lose your job or retire early, you’ll still have your retirement fund to fall back on. If it’s in an IRA, you can roll over to a gold IRA.


  1. With gold IRA investing, you are in complete control of your investments. You make the decision to buy or sell. If you listen to your IRA agent, you’ll be able to increase your investment in your gold IRA.


  1. Your savings or investment is safe from the ravages of changes in the global economy

How to Rollover to a Gold IRA


A typical rollover is just a matter of contacting an agent or broker and asking them to invest your money in gold instead of paper aka stocks. The broker will also house the gold, yes; you actually receive the gold, in a secure facility.

Since the value of gold changes from day to day (only a little) you earn interest on the gold they store for you. You also receive the dividends, which you can invest in more precious metals. You can actually store the gold in your home, but there isn’t really a mattress big enough to store it. You’ll also have to have a safe, insurance, and possibly a guard. It’s easier to have the broker store the gold for you.

The Different Kinds of Precious Metal for Investing

Bullion is produced by the treasury and is certified for purity. You can choose between mint, proof gold, or coins.

The coins or gold, for that matter, can be purchased from other countries such as Canadian stamped bullion or the Australian coins.

Mint state coins are coins created for investors. They are never in circulation. They are normally called Uncirculated coins. They also have more details and have a protective finish on them. When a dealer uses the words “this is a 70 grade coin” they are referring to a modern coin. A mint state 70 or MS70 can mean the difference of thousands of dollars. Mint state coins are in mint condition and any age. Normally, they are stored in a protective case and have never been in circulation.

Proof coins are meant to be pre-production coins. They have a much higher finish than coins for everyday use. They have to be approved by the Mint Master (USA), the Monarch such as the Queen of England, before they are released to the public. These are coins that became popular about two centuries ago when they became available to coin collectors. Since then, they are made for special occasions. They are traded in the gold investing industry.

So, you see, you can buy any type of gold for your retirement fund. Gold, whether they are bullion gold or coins will hold their value throughout your lifetime.