Why should you buy Physical Gold & Silver?
Various economic conditions can cause traditional financial markets to crash or decline. In the last year, Covid-19 pandemic halted and recessed the global economy that has not been seen since the Great Depression of the 1930’s. Financial markets lost 50% of their value and the entire globe is still shocked as it tries to cover. Now the only way to stimulate economic growth is for the Federal Reserve to keep lending rates near ZERO percent interest and for the U.S. government to increase federal stimulus or spending. Long-term these policies will turn the equity markets negative and people’s retirement accounts are exposed to loss! In these times, people are smart to diversify their money in safe haven assets with real, tangible value when economic and financial markets are unpredictable. Physical Gold and Silver has been used in the world as currency for centuries. You buy Physical Gold and Silver as “protection for your money” in these difficult times.
– Physical Gold and Silver help protect your money like owning “insurance” for your nest egg – is a private asset transaction
– Physical Gold and Silver are real tangible physical assets not paper, you own actual physical coins in your possession
– Physical Gold and Silver are physical stores of value against the financial markets crash
– Physical Gold and Silver can be sold quickly for liquidity or cash needs within a day.
– Physical Gold and Silver can diversify your IRA or retirement account to own which is stored for you. Self-Directed IRA’s are easy to get started.
HOW TO BUY PHYSICAL GOLD & SILVER
You can buy “bullion” or “collectible” Gold and Silver coins directly from us. We can help you select a strategy that best fits your situation. Gold and Silver coins or bars can then be stored privately in a safe or another means of personal storage. You can also elect to keep them safe in a bank deposit box.
Physical Gold and Silver can be purchased and owned directly in its physical coin or bar form. Gold and Silver “bullion” which means that it is current US Mint or other country Mint issued in recent years and it closely reflects the value of the market price you see by the ounce. Most popular bullion choices come in 1 oz coin forms or in bars from 1, 5, 10, 100 & 1000 ounces in size. The other form is referred to as “collectible” for those coins that are older Mint issue (U.S. Gold Pre-1933 and U.S. Silver Pre-1935) that have significantly more value than the metal content. These types of coins are best to own so value is stabilizing over and above just the “gold melt value” as in bullion or recent coin choices. In fact, the U.S. Mint produced Gold coins in dollar denominations of $1, $2, $5, $10 and $20 before 1933 in the U.S. which was established currency. The degree of quality or condition of the coin will also have bearing on the value. Some coins are circulated, and some have never been circulated. We favor the uncirculated and low graded coins (ex, MS-61-63 either NGC or PGCS) which have stable and consistent value over the Gold ounce or melt value. For example, the Gold Saint Gauden $20, common date 1908, in grade MS-62 containing .9675 ounce of Gold has retained value and grown 38% over last decade.
Self-Directed Physical Gold and Silver IRA’s
Another way to own physical Gold and Silver is to use tax-deferred IRA funds to “self-direct” funds to a separate IRA that owns Physical Gold & Silver “bullion” bars of pure metal or coins that have value of around the “Spot” ounce price. This does not include “collectible” coins of high value premiums The process is straight forward as you will fill-out some paperwork and we can help you work through the IRA custodian to transfer funds and get a second IRA in place where they store your actual Physical Gold and Silver, full-allocated, unencumbered (your asset is 100% owned by you and not the IRA custodian in their depository (storage facility). Again, these coins or bars are held in the IRA owner’s name until you request and complete a In-Kind Distribution (which means the Physical Gold & Silver comes out of the IRA and is and is shipped to you directly. So, think of this just like any typical IRA in annuities, stocks, mutual funds, or bonds that are sold, converted to cash and distributed in check or bank wire form to you directly. Some people prefer the IRA route of ownership because it helps them easily move funds out of the 1st IRA and it is transferred to another or 2nd IRA to diversify their money into another asset class this completely private. Privacy and fast liquidity (the ability to sell quickly, get your money in 2-3 days) is important tool for diversification and estate planning where is no reporting required of what the IRA holds in actual Physical Gold or Silver contents to any U.S. government authority.
In summary, you can own actual Physical Gold and Silver, privately delivered to your residence or office or Self-Direct retirement funds into an IRA for it to be stored in a private vault and take an In-Kind Distribution (you take physical possession at any time after) simply.