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.

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.

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SOURCE American Bullion