So, why should decide to invest in a gold and silverbacked IRA? Well, that is primarily because your retirement is on the line, which is something sacred to all working-class Americans.
There is no doubt about the fact that we are flying in highly turbulent skies when you talk about the economy today.
And with volatility right around the corner, you have to understand that gold has been the only powerful hedge against economic collapse.
Furthermore, IRA accounts mainly depend on a specific, select category of bond, stocks, or mutual funds, which are without a doubt eternally emerged with the economy.
And when the economy gets hit with volatility and collapse, the value of almost all IRAs that consist of stocks, bonds, and mutual funds begin to significantly plummet as well.
However, over the last 10 years, gold has performed remarkably well, outperforming the DOW by more than 300%, which gives birth to the ultimate question – why wouldn’t you invest in a precious metal IRA like gold and silver, securing a major chunk of your retirement and protecting your accumulated savings?
Gold and silver both have high intrinsic values.
Self-Directed IRAs
What that essentially means is you retain total control of all your investment choices and decisions with respect to your gold-backed Individual Retirement Account.
There are plenty of advantages in opting for a Self-Directed IRA; for starters, you can become more profound in accurately pinpointing your asset mix.
Not to mention you can also enjoy a greater degree of flexibility when it comes to expanding or growing your retirement savings and holdings, looking way past traditional stocks, which primarily include hedge funds, stocks, bonds as well as municipal funds.
So, rather than becoming fixed in a single asset category or group, which is selected by a fund custodian, you can alter your Self-Directed IRA to gain more personal control and autonomy over all the profits you make, the losses you suffer, and the risks you gamble with.