Le Lézard
Classified in: Mining industry, Business

Physical Gold IRA Outshines Paper Assets, Proving Critics Wrong



LOS ANGELES, Oct. 2, 2017 /PRNewswire/ -- In an uncertain financial world built on paper promises, real assets like gold and silver stand as shining examples of stability and trust.

"Piece of Gold, Peace of Mind"

Assets like gold, silver, platinum, and palladium over-perform when other assets falter. Physical gold is tangible, safe, and has maintained value for more than 5,000 years. There are no other hedges like it. Physical gold IRA investors in 2008, for instance, who saved responsibly for 40 years to retire in 2010 would have survived the 2008 market crash unlike many unprepared Americans who lost half of their worth and 40 percent of their retirement accounts' values.

Unlike physical gold IRAs, most assets that fit inside retirement accounts are paper assets, assets that are mere written representations of real assets, such as businesses or commodities. Like the US dollar, they only have value if the system functions properly. Unfortunately, history has proved that economic systems always malfunction at one point or another.

Also unlike physical gold IRAs, traditional IRAs are limited. Unfortunately, most IRA custodians, or the companies that help set up and hold IRA portfolios, limit the number of possible investment options to the bare minimums, usually to stocks, bonds, and mutual funds. Because they are so restricted, most traditional IRAs are very poorly situated to survive a financial crash. Self-directed IRAs offer a much more robust set of investment choices, including precious metals.

Physical gold IRAs are also superior to ETFs. Although some may argue that ETFs are exquisitely designed financial vehicles, the fact remains that ETFs still suffer from the same limitations of stocks or fiat money: they have no intrinsic value, they are tightly correlated with broader macroeconomic trends, and they are vulnerable to mismanagement. Furthermore, the stock market is not designed to keep value steady forever, unlike gold IRAs.

Despite physical gold's superiority to paper assets, major investment banks, the US government, and Wall Street companies and the financial news media they bankroll bash on gold, knowing full well their malevolent intentions: to stifle the competition. They routinely rail against precious metals, or anything that might challenge their revenue streams or pull away their clients. These critics rail against gold despite the fact that gold doubled (and silver quadrupled) the last time the markets plunged.

"Many of these critics bash on gold even though history has proven time and again that gold is a hedge against economic crises. If the next market crash happens, people must be able to prepare themselves," says Orkan Ozkan, CEO of American Bullion.

American Bullion News: http://www.AmericanBullionNews.com
Facebook: http://www.facebook.com/AmericanBullion
Twitter: http://twitter.com/americanbullion
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2763992
Embedded Video Available: http://www2.marketwire.com/mw/frame_mw?attachid=2763997

Media Contact:
info@americanbullion.com
(800) 653-4653

 

SOURCE American Bullion


These press releases may also interest you

at 19:52
NORTHBROOK, Ill., Oct. 18, 2017 /PRNewswire/ -- Hilco Industrial, in a joint venture with Yoder Machinery, announced today that they will be managing the sale of machinery and equipment belonging to Specialty Rim Supply, a manufacturer of standard,...

at 18:00
FORT WAYNE, Ind., Oct. 18, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2017 financial results.  The company reported third quarter 2017 net sales of $2.4 billion and net income of $153 million, or $0.64...

at 17:30
OMAHA, Neb., Oct. 18, 2017 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and mechanized irrigation equipment and services for agriculture, today...

at 17:18
VANCOUVER, Oct. 18, 2017 /PRNewswire/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp") today announced the completion of the previously announced sale of its 21% minority interest in the San Nicolas copper-zinc project, located in Zacatecas, Mexico to...

at 17:03
FPX Nickel Intersects Broad Zones of Near-Surface, Higher Grade Nickel Mineralization in Stepout Drilling at Baptiste Deposit on the Decar Project VANCOUVER, British Columbia, Oct. 18, 2017 (GLOBE NEWSWIRE) -- FPX Nickel Corp. (TSX-V:FPX) (?FPX...

at 17:03
TORONTO, ON--(Marketwired - October 18, 2017) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) announced today that it plans to release its third quarter 2017 operating and financial results before the market opens on Tuesday, November...




News published on 2 october 2017 at 09:12 and distributed by: