WEALTH INSURANCE Against the US Dollar Decline or Collapse – INVESTING IN GOLD
If you’re thinking about starting a gold IRA, or rolling over your current IRA into one (Gold IRA Rollover), you’re making a smart move. Gold has been one of the most stable assets since ancient times and is considered the “universal currency” by many.
The best thing about gold is that in addition to maintaining a steady value normally, it tends to increase in value substantially during times of economic upheaval.
During our most recent recession which started in 2008 the price of gold skyrocketed. Those who wisely invested in it profited while those who invested in financial assets (currency, stocks, bonds, etc.) struggled; many of whom lost their entire life savings.
A Radical Shift is happening in the way people are investing
After faithfully contributing to their 401(k) retirement plans or IRAs for many years, many informed investors are beginning to limit contributions to only take advantage of the full company match and use the residual cash to purchase wealth insurance in the form of physical gold and silver.
Some are even concluding that the risk of a US Dollar Collapse was significantly greater than the added benefit they were getting from their company’s 401(k) match, so they are ceasing to contribute entirely. All of their nest egg contributions are going towards the purchase of precious metals.
Is that radical? Absolutely.
In a properly functioning financial world, people would never make such a move. However, times have changed. The Fed’s reckless monetary policies have created a financial system so badly distorted that conventional wisdom regarding strategic management of personal finances has been turned upside down.
If you thought the risk of a US dollar collapse occurring before you reached retirement age was only, say, 50% or less — then you should still be contributing to your 401(k) plan to at least catch the company match. However, that’s not the case anymore; we believe the probability a dollar collapse before the end of this decade is now closer to 95%. Again, that’s our assessment. You must draw your own conclusions.
Buying Wealth Insurance
So, how much physical gold and silver is required to protect the hard-earned wealth that’s locked-up in your 401(k) retirement plan or IRA?
In his new book The Death of Money, author James Rickards notes that:
A useful way to think about (precious metal’s) insurance function is that a 500% return on 20% of a portfolio provides a 100% portfolio hedge.
If James is correct — and I believe he is — it means that you can fully protect the wealth that’s currently locked in your 401(k) plan by keeping precious metals in your possession equivalent to 20% of your total nest egg. Here’s a slightly over-simplified example:
Let’s say you have a $50,000 nest egg: $40,000 in your 401(k) and $10,000 in physical gold and/or silver. In this case, $10,000 in precious metals represents 20% of your total savings.
Now let’s say the dollar collapses and its value essentially falls to zero. If that happens, worst-case, the $40,000 in your 401(k)
would be: $40,000 x 0 = $0
Rickards (and many others) estimate that if the dollar tanks, the value of precious metals in your possession will increase five times (500%). I think that’s extremely conservative — but let’s stick with the conventional wisdom of five times. If that’s true, then the $10,000 held in precious metals would now be worth:
$10,000 x 5 = $50,000
Do you see what happened? Although your 401(k) was completely wiped out, the post-collapse value of your physical gold (and/or silver) soared to $50,000! In other words, the dollar became worthless, but the purchasing power of your nest egg remained unchanged.
.. and that is how a portfolio protected with precious metals acts as Wealth Insurance.
HOW TO BUY GOLD BARS for your RETIREMENT PORTFOLIO:
Click on the Gold Bars below to find out ==>
Gold IRA Rollover – A wise decision in today’s financial climate
Anyone who has been researching the news knows a financial “hurricane” is coming..
If you were preparing for a hurricane, you would do everything you could to protect your home and belongings.. This is just common sense.
The good news is that it’s very easy to buy insurance against financial disasters like this.
Many of the smartest, wealthiest people own it and now it could mean the difference between a comfortable, early retirement for you…and just barely getting by. Part of owning this insurance and even potentially making millions of dollars in the coming crisis, involves owning gold.
When panic and fear dominate financial markets, gold tends to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. If you have a self directed IRA or 401k, you can get insurance against the coming financial storm and even profit from it.
What is a Gold IRA?
A Gold IRA or precious metals IRA works in the same capacity as your current IRA or 401(k), only these accounts allow you to hold precious metals like gold, silver, and palladium in the account for diversification. This is important because your entire retirement will not be based off of just one asset class. It allows you to hold gold coins or bars that are approved by the IRS.
These precious metals are normally stored in a depository like Brinks or the Delaware Depository for your safety. You will also have the flexibility to decide how much of your retirement is invested in these precious metals and can continue to add more overtime. This vehicle allows regular people to participate in one of the investments of the wealthy.
What is a Self-Directed IRA?
The way that a gold IRA account is established is through an account called a self-directed IRA. This type of account gives the IRA account owner more control over the investment decisions on behalf of the retirement plan. Investments such as real estate, precious metals, bonds, stocks, and mutual funds can be held under this type of account. IRS regulations require that either a qualified trustee, or custodian, hold the IRA assets on behalf of the IRA owner.
A “Tax-Free/Hassle-Free” Gold IRA Rollover
Our chosen IRA custodian that we recommend in the IRA rollover process is Regal Assets. This company continues to exceed the expectations of it’s customers by maintaining a 5 star rating with the Better Business Bureau, 5 star rating with Trustlink.org, and making the Inc. 500 List as one of the fastest growing companies in the financial services category. Their customer testimonials on their website solidifies all of these great accomplishments.
Make sure that you read our detailed review of them by clicking the image below.
Even if you have a 401(k), 403b, 457b, annuity, or pension plan, you still qualify for a tax-free gold IRA rollover, which is a tremendous value since you won’t be losing any of your savings to taxes. All it takes is speaking with a IRA specialist, calling the 800 number on the website, or simply filling out the form on the right with your name, email, and best phone number and you will be contacted within 24 to 48hrs to answer any question that you might have about the process.
NOTE: They waive all 1st year setup and admin fees for new customers.
Which accounts are Eligible for Rollover into a Gold IRA?
The accounts below are all eligible for a gold IRA rollover:
- Roth IRA
- Traditional IRA
- SEP
- 401(k)
- 403(b)
- TSP (Thrift Savings Plans)
- Some annuities
- Pension plans
(Others may apply, please speak with a Regal account representative)
10 Reasons to Invest in Gold
- portfolio diversification
- inflation hedge
- currency hedge
- risk management
- supply constraints
- history of maintaining its value
- deflation
- geopolitical uncertainty
- increasing demand
- tangible assets
What types of metals can be held in a Gold IRA?
There are only certain types of bars and gold coins that can be held in your IRA account based upon regulations set by the IRS. For a full list of all IRS approved metals, see below.
Below is a list of some of the most popular coins and bars recommended for IRA accounts:
- American Eagle Gold Coins
- Canadian Maple Leaf Coins
- American Buffalo Gold Coins
- Austrian Philharmonic Gold Coins
- PAMP Suisse gold Bars
The fineness requirements for metals are bulleted below:
- .995 gold
- .999 silver
- .9995 platinum
- .9995 palladium
How long should I keep Gold in my IRA?
Each situation is unique and should seek expert financial advice to determine how long you should hold gold. Usually gold is seen as a long-term investment, but it is important to understand that every investment comes with associated risks. Market and economic conditions can also influence the decision of how long gold should be kept.
Where is the Gold in my IRA Stored?
Depending on what IRA custodian you choose, it will be either held at the Delaware Depositary or Brinks Storage. Regal Assets is the only custodian that provides Brinks storage, which are held in a segregated storage, which is very important to the security and protection of your metals.
How do I liquidate a Gold IRA account?
The great part of a gold IRA account is the fact when you start taking distributions out of your plan you can either take physical possession of your metals or liquidate them for cash. This is a tremendous value and great option to have when you plan on making withdrawals from your account.
Why Choose Regal Assets over any other company?
Why should you choose Regal Assets over other companies? Four main reasons, experience, buy back program, stellar reviews, and asset preservation.
1. For the target clientele of IRA custodians such as Regal Assets, experience in handling IRAs is most important consideration since these entities would be handling funds that will support them in their retirement years. Asset preservation is understandably the other important concern. Given the continued volatility of the financial markets, safe havens that ensure asset preservation are what most, if not all future retirees want.
2. When purchasing precious metals for your retirement plan, it is important that you have the ability to quickly liquidate your metals when you need access to your capital. Regal checks all of the boxes in this area, as they won’t charge you additional fees like other custodians do when you try to sale back your metals. They want you to profit as much as possible, so they will buy back your metals at the current spot price of that metal. Is this something that is very rare in this industry and something that you should take advantage of.
3. The thing we love about Regal is they really care about their customers. They currently have some of the highest ratings and reviews in the entire precious metals industry. They even beat out companies that have been in the industry for over 20+ years. Testimonials giving by other customers are very important and something that you should spend some time researching before setting up a gold IRA account with any company.
4. It is clear that Regal Assets checks all the boxes as far as these considerations are concerned. They have the longest experience in the field of gold IRA’s and gold IS the ultimate safe haven. On the basis of the requirements presented above, Regal Assets is in fact the only choice for those who wish to move their IRAs into gold.
Next Steps You Should Take
Step #1.) Visit the Regal Assets website at www.RegalAssets.com
Step #2.) Find and fill-out this form to request free gold kit:
Step #3.) A precious metals specialist will get in touch with you and send your investors kit by mail.
Note: They also have a digital version of this kit. Ask for it by phone and they can email it to you.
Here is what you will receive in the kit:
- a booklet on the history of gold
- special edition of Forbes
- documentary DVD
- brochure explaining the services they offer
- and the paperwork for setting up a gold IRA account.
We recommend that you take a look at the investor kit from this dealer, or at the very least, get on the phone with them and see if they are able to answer any questions you have right now.
Now that you had the opportunity to understand the value of owning a gold IRA, it is important that whichever company you choose is very reliable in protecting your retirement savings. Our team’s clear pick is Regal Assets due to their transparency, customer service, reliability, storage fees, and their ability to protect our retirement assets.
They definitely pride themselves on being first class, delivering on their promises, and making sure that their customers are satisfied with the end product. They also offer a 7-day delivery guarantee, which is rare when it comes to shipping gold.
Click on the image below to request your gold investment kit which is free to new potential customers.
What If I Have More Questions?
If you have some personal questions you would like to ask me before speaking with any company that you are thinking about, you can just shoot me an email at admin@solidgoldretirementplan.com and I will normally respond within 24 hrs.
Retirement Planning – 7 Reasons to Own Gold
Why Buy Gold?
Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about 300 years later. Throughout the centuries, people have continued to hold gold for various reasons. Below are eight reasons to own gold today.
A History of Holding Its Value
Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next.
Weakness of the U.S. Dollar
Although the U.S. dollar is one of the world’s most important reserve currencies, when the value of the dollar falls against other currencies as it did between 1998 and 2008, this often prompts people to flock to the security of gold, which raises gold prices. The price of gold nearly tripled between 1998 and 2008, reaching the $1,000-an-ounce milestone in early 2008 and nearly doubling between 2008 and 2012, hitting around the $1800-$1900 mark. The decline in the U.S. dollar occurred for a number of reasons, including the country’s large budget and trade deficits and a large increase in the money supply.
Inflation
Gold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases. Since World War II, the five years in which U.S. inflation was at its highest were 1946, 1974, 1975, 1979 and 1980 (as of 2012). During those five years, the average real return on the Dow Jones Industrial Average was -12.33%, compared to 130.4% for gold.
Geopolitical Uncertainty
Gold retains its value not only in times of financial uncertainty, but in times of geopolitical uncertainty. It is often called the “crisis commodity,” because people flee to its relative safety when world tensions rise; during such times, it often outperforms other investments. For example, gold prices experienced some major price movements this year in response to the crisis occurring in the European Union. Its price often rises the most when confidence in governments is low.
Increasing Demand
In previous years, increased wealth of emerging market economies boosted demand for gold. In many of these countries, gold is intertwined into the culture. India is one of the largest gold-consuming nations in the world; it has many uses there, including jewelry. As such, the Indian wedding season in October is traditionally the time of the year that sees the highest global demand for gold (though it has taken a tumble in 2012.) In China, where gold bars are a traditional form of saving, the demand for gold has been steadfast.
Demand for gold has also grown among investors. Many are beginning to see commodities, particularly gold, as an investment class into which funds should be allocated. In fact, SPDR Gold Trust, became one of the largest ETFs in the U.S., as well as one of the world’s largest holders of gold bullion in 2008, only four years after its inception.
Portfolio Diversification
The key to diversification is finding investments that are not closely correlated to one another; gold has historically had a negative correlation to stocks and other financial instruments. Recent history bears this out:
The 1970s was great for gold, but terrible for stocks. The 1980s and 1990s were wonderful for stocks, but horrible for gold.
2008 saw stocks drop substantially as consumers migrated to gold.
Properly diversified investors combine gold with stocks and bonds in a portfolio to reduce the overall volatility and risk.
The Bottom Line
Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be volatile in the short term, it has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.
Gold IRA Company Reviews
Reviews of the Best Gold IRA Companies
If you’re looking for a company to buy precious metals from and to setup a gold IRA with, then reading our precious metals reviews will be the best 20 minutes you will spend in research before you buy.
When your hard earned retirement savings is on the line, you will want to make sure that it is safe and protected, so it’s important to use due diligence when selecting a company.
We have chosen the best company to work with and we will tell you about them and why we chose them (in comparison to the others) here. Follow along and we will present you with our research leading up to selecting that one company.
The factors we used to rate each company include:
- Reputation
- Policies & Fees
- Flexibility & History
- Customer Service
- Storage Safety
Top 7 Gold IRA Companies for 2016
After extensive research, we have compiled a list of the Best Gold IRA Companies & custodians.
Please visit our Review Site: http://www.WhichGoldBackedIRA.com and look on the right
side panel to review features of the Top Gold IRA Companies compared with Regal Assets.
#1. Regal Assets – Overall Best Company
Setup Fees: Waived
BBB Rating: A+
Trustlink Rating: 5 stars (over 700+ reviews)
Featured in: Forbes, Inc 500 List, SmartMoney
Storage Safety: Brinks depository
Customer Service: 100% customer satisfaction
Years in Business: 11
Delivery of Metals: Within 7 business days
Buyback Policy: Absolutely! (One of the best in the industry)
Company Review:
Regal Assets offers clients safety, security, and protection of their retirement investments. They are the only company in the industry that uses Brinks depository, which is one of the safest in the entire world. They have received 1,000′s of glowing reviews from current satisfied customers on Trustlink.org, Business Consumer Alliance, and on their personal website. Their company reputation is top-notch.
Various companies have emerged in the industry and it is important to know which one you can trust since you are going to invest your cash.
Important Factors For Choosing a Gold Investment Company
#1. Reputation.
You need to work with a company that has proven to deliver results in spite of the volatility of the market. The market’s situation should not determine the outcome of your investment. Determine how long they have been in the business because this will help you know if they are reliable and if their other clients are satisfied with their service. Customer service should also be the primary consideration since you want the company to guide you as you make big financial decisions and risks.
It is important that the company is established and that it is accredited by market watchdogs such as:
The BBB
#2. Policies and Fees.
It is important that you are aware of the fees and policies that will be applied by the company that you will choose. You need to understand the program that they are offering and if this program will suit your needs, and if there are unnecessary fees that they will charge.
At the beginning, it may be confusing for you, so you need to work with a company that has people who can guide you through the process.
#3. Flexibility and History
The company should be able to provide you with other investment options and that their policies should address all your needs. You also need to work with a company that has the market experience and the willingness to help you grow your investment.
Opening your gold retirement plan is good way to invest. Gold’s long term stability and its ability to serve as a hedge against inflation will always be the best reasons why you are making the right choice on your gold investment.
#4. Buyback Program
When you are ready to liquidate your precious metals, it is important that you have someone to sell them back to quick and easily, as you don’t want to miss out on any of your potential gains. The company should offer a buyback program that allows you to resale your metals at the current spot price of the metal, so you can capitalize on your gains and investment.
#5. Storage Safety
An often overlooked, but important component in making a decision when choosing your custodian is storage safety. You want to make sure you go with a company that offers several storage locations, both national and overseas, as well as segregated storage. Segregated storage means that you get your own section of the vault and your metals aren’t combined with others, so you can get easy access to liquidate your precious metals as fast as possible. Don’t overlook this when choosing your company.
The only company that we found that meets all of the factors was Regal Assets. Visit their official website here www.RegalAssets.com
Now is More Important Then Ever!
It is critical now more then ever in history to protect your retirement savings. The government has the ability to tap into an individual’s retirement account and wipe them out in order to help pay back some of the large U.S. debt deficit.
It is important that if your IRA or 401(k) is currently backed by fiat currencies like paper money or mutual funds, you are in serious risk of losing everything that you have worked and saved up for. With the current government shutdown taking place on freezing the national budget, it is just a matter of time when inflation hits and they start going after retirement accounts because of their nature of vulnerability to certain economic conditions.
Turning to Precious Metals
All precious metal companies are not created equal if you are considering rolling over your IRA or 401(k) to a self directed account that can contain gold and silver. It is important to do your research and due diligence before choosing a company because your entire retirement could be at risk.
Time to Make a Decision (Request Your Free Gold Kit)
Now that you had the opportunity to review all of the companies, it is important that whichever company you choose is very reliable in protecting your retirement savings. Our team’s clear pick is Regal Assets due to their transparency, customer service, reliability, storage fees, and their ability to protect our retirement assets.
They definitely pride themselves on being first class, delivering on their promises, and making sure that their customers are satisfied with the end product. They also offer a 7 day delivery guarantee, which is rare when it comes to shipping gold.
To top everything off, Regal offers a free gold investing kit, which you can receive by clicking on the picture below that reviews the history of gold, storage process, and why rolling over to a gold IRA is a wise decision.
How to Choose a Gold IRA Company
The first step to getting your secure Gold IRA set up is:
Choosing the Best Gold IRA Company to manage your account.
This “custodian” as they are called will perform three essential
tasks for you:
- Buy the Gold the IRS approves
- Set up a self-directed IRA
- Store the Gold somewhere safe
Additionally, some custodians can even help you rollover an
existing IRA into a Gold IRA without receiving any tax
penalties that can take a chunk out of your savings.
We can’t stress enough how important it is for you to pick a
qualified, competent, customer service oriented Gold IRA
company.
Click Below to see a chart detailing several of the most
well known Gold IRA companies and various statistics
pertaining to them.
Finding a Trustworthy Gold IRA Company
When it comes to finding the right custodian to manage your
Gold IRA factors such as honesty, integrity, and an
excellent track record are very important.
There are some bad apples out there who have been accused
of fraud, scams, and bad business practices. Some have even
had legal injunctions filed against them.
You should always do your due diligence and research a company’s history and
track record. I have quite a few reviews of various gold
custodians (and other gold related businesses) here on the
site to help you with this.
Choosing the wrong gold IRA company can end up costing
you tens of thousands of dollars.
There are several ways you can make sure a Gold IRA company
isn’t a scammer, here are a few important factors to look
for:
- Check to see if they are accredited with the BBB (Better
Business Bureau) - Check their BBB score
- Check their rating with the BCA (Business Consumer
Alliance) - Check their rating with TrustLink
Services, Fees and More…
In addition to being trustworthy, a Gold IRA company needs
to meet several other criteria as well. Here are a few other
factors you should look for:
- They do Gold IRA rollovers (if you
have an existing IRA) - They allow you to invest in other precious metals
besides gold - They keep track of changing market conditions for gold
and other precious metals - They have secure storage facilities to keep your gold
safe - They have good delivery, buy back, and guarantee
policies - They offer flat fee for you account
(as opposed to a scaling fee which can rip you off)
Something else to keep in mind is that just because a
company allows you to buy gold doesn’t mean they are an
actual Gold IRA company that will set up and manage your
account.
Don’t end up buying gold from a company then come to
realize that they’re not going to create and manage an IRA
for you. Many people have made this mistake unfortunately.
Our Personal Recommendation
Let me wrap things up here by giving you our personal
recommendation based on the extensive research that we’ve
done on gold IRA companies.
Regal Assets is a company that has built a good name
for itself in the gold investment industry over the past 50
years. If you’re looking for a company with a good
reputation and exemplary track record you won’t find better.
They have a:
- Perfect score with the BBB
- Perfect score with the BCA
- Perfect score with TrustLink
They have also had no complaints since March 2013 (as of
this writing) and have only had two complaints in the past 3
years, something virtually unheard of in the gold investment
industry.
On top of the trust factor, Regal Assets offers several
perks you would be hard-pressed to find anywhere else:
- They buy back products at spot price
so you don’t get ripped off - They have a 7 day deliver policy on all gold, silver,
and platinum so you have fast access to your assets - Your assets are delivered via insured mail for smaller
packages while larger shipments are delivered via Brinks
armored delivery service and escorted by armed guards. - They have an industry leading flat
fee and will even cover your first year expenses for you
Regal Assets is well known for its dedication to keeping up
with the gold and precious metals market so that they can
always give you the best advice for your account and ensure
that it stays profitable.
If you’re thinking about starting your own Gold IRA to protect your savings from the threat of hyperinflation and the failing US dollar, Regal Assets is ready to help.
In addition to their exceptional track record and reputation, they are also endorsed by big names such as Alan Thicke, Lars Larson, Jerry Doyle, Dennis Miller, and more.
Right now Regal Assets is offering a Free Gold Investment Kit to help you learn the basics of gold investment and how to protect your savings in a Gold IRA.
Click Below to get your Free Gold Investors Kit.