Take Your Retirement to the Next Level with a Gold IRA Rollover

  • Gold certificates are certificates that are essentially IOUs backed by gold.
  • Gold certificates were issued as legal tender in the United States and many other countries until the 1930s.
  • Gold certificates were backed by gold held by the government, and their value was guaranteed by the gold.

Gold is undeniably valuable. It carries inherent value that is almost indestructible. Gold was in high demand throughout much of human history and continues to be valuable today. In fact, gold is considered a safe haven asset.
Approximately 80% of all gold ever mined is still in existence, and new gold is being mined constantly.
Gold is traded in physical form and in certificates. Gold certificates are certificates that are essentially IOUs backed by gold.



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What Exactly Is a Gold IRA Rollover?

A gold IRA rollover refers to the legal process of moving your retirement funds from a retirement account such as a 401(k) or traditional IRA into a gold-backed IRA.
Advantages of Gold IRA Rollovers.
A gold IRA rollover can secure your retirement funds from the fluctuations of the financial markets.

Gold is a tangible asset that holds its value.

Gold's value has been increasing since 2008, and we believe it will continue to increase in the future.

Financial Crisis of 2008

Gold and silver prices hit all-time highs, gaining 225% and 250%, respectively, between 2002 and 2011.
The financial crisis of 2008 caused gold's price to plunge 30%, but since then the metal has rebounded and, at times, has outperformed other asset classes.

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The 2008 financial crisis sparked interest in precious metals, and many individuals took steps to protect their wealth by purchasing gold. Many investors, however, did not adequately play to the strengths of gold and, in fact, made costly mistakes.

The financial crisis created a need among investors for a more stable asset to hold.

Gold's Role as a Financial Asset

Gold has traditionally served four primary functions. It is:
A store of wealth, especially in times of uncertainty.

A form of monetary wealth.

A form of monetary and financial security.

A measure of economic power.

Historically, gold was a form of monetary wealth. In today's global economy, gold is considered an asset that is primarily a store of value, or wealth.



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Gold as an Investment

Investing in gold bullion is a long term decision. However, gold has the potential for fast returns. There are many ways to invest in gold, including:
Gold bullion - Gold bullion bars come in weights from 1 troy ounce (31.1 grams) to 400 troy ounces. These are typically purchased as raw, unrefined gold bullion bars.

Gold coins - Gold coins are minted by governments, banks, and private mints. These coins come in one-ounce, one-half ounce, and one-tenth ounce denominations, among others.

Gold certificates - Gold certificates are a type of security that can be purchased, sold, and traded.

Gold mutual funds - Gold mutual funds are run by professional fund managers.

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Gold as a Store of Value

Gold has been a valued commodity for thousands of years and continues to be an important aspect of modern economies. In fact, gold is valued more than any other precious metal, due to several factors:
Gold has exhibited consistent value for thousands of years, which makes it a reliable store of value.

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Gold is universally accepted as a form of payment.

Gold is durable, which makes it difficult to counterfeit.

Gold has resistance to corrosion, which means it doesn't suffer depreciation due to exposure to elements.

Gold investments are self-directed IRA eligible, but you still have to adhere to certain regulations. To set up a gold investment, you'll typically need to set up a self-direct IRA with a custodian, such as Fidelity, TD Ameritrade, or Charles Schwab.

U.S. Debt

The national debt of the United States is the amount of money owed by the U.S. government in the form of bonds, Treasury bills, and notes. The national debt is publicly held debt, meaning that it is debt that is owned by ordinary citizens, corporations, and foreign governments.
The national debt is calculated by taking the total amount of all outstanding Treasury securities and subtracting the value of U.S. assets held by foreign governments, international organizations, and U.S. citizens.
As of April 21, 2021, the national debt of the United States was $30.2 trillion. The largest component of the national debt is the $14.7 trillion owed to the Federal Reserve, which represents Treasury bills, notes, and bonds from the Federal Reserve.

Gold's Advantages

Gold's status as a precious metal gives it many advantages over paper currencies. Here is a short list of its advantages:
It can't be printed or created by government.

It's a hedge against inflation.

It's easily portable.

It has a long track record of value.

It's historically been used as a store of wealth.

Gold also has some disadvantages. Investing in gold means putting some of your hard-earned dollars at risk. The gold you invest in can also lose its value, though this risk is generally mitigated by holding gold bullion, coins, or bars.