Learn About CMI Gold & Silver - the Ultimate Investment for Your IRA
Justin Fitzpatrick- Stock prices fluctuate based on supply and demand.
- Technical analysis attempts to predict price movements by examining charts of past performance.
- One technical indicator used by analysts is the moving average convergence divergence (MACD) line, which is derived by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA.
CMI Gold & Silver Corp. (CSM), a precious metals mining company, has operations in Peru, Mexico, and the U.S. The company's primary assets are the Cerro Verde mine in Peru, the Pierina mine in Mexico, and the Rochester Mine in the U.S.
The company's shares are traded on the Toronto Stock Exchange (TSX) under the ticker symbol CSM.
What It Does
A precious metals IRA is a tax-advantaged account that allows investors to own physical bullion bars and coins.
There are many advantages of investing in precious metals, such as:
Precious metals have intrinsic value.
Precious metals appreciate in value.
Precious metals are easy to transport.
Precious metals are safe.
Precious metals are easy to sell.
Understanding CMI Gold & Silver
A Precious Metals IRA can be a cost-effective and smart way to diversify your retirement portfolio. Investing in precious metals adds another asset class to your retirement portfolio.
The experts at CMI Gold & Silver want to help you learn more about Precious Metals investing. Contact us today!
Advantages of CMI Gold & Silver
• No Minimum Investment: The minimum investment is $1. In addition to being one of the easiest IRA investments to make, this also means that you can invest in precious metals with amounts lower than $5,000 - which would be impossible if you made your purchase from a regular precious metals dealer.
• No Hidden Costs: The price you see online is the price you pay. There are no hidden fees, commissions, or surcharges.
• Low Capital Gains: The capital gains tax rate on precious metals is 28%, which is less than the standard capital gains rate (up to 37%). Plus, CMI Gold & Silver does not charge commissions on transactions.
• Paper Certificates: Paper certificates are an excellent way to diversify your precious metals investments. Each certificate is equivalent to 1 ounce of gold or 1 ounce of silver. When you redeem your certificate, you'll receive the physical metal equivalent.
• No Storage Fees: There is no storage fee when you redeem your certificate.
• No Paperwork: There are no forms to fill out, and no tax information to report.
• No Minimums: There are no minimums when redeeming your certificate.
• No Expiration Dates: Certificates never expire. You can redeem them at any time.
• No Commissions: There are no commissions, buy-backs or hidden fees.
• Flexible: You can redeem your certificate for cash, metals, or for precious metals products.
Disadvantages of CMI Gold & Silver
There are several disadvantages of investing in CMI Gold & Silver, including:
The purity of the gold that you are purchasing cannot be guaranteed.
The amount of gold bars sold each year is limited.
The price of gold is fixed at $50 per ounce.
The minimum amount to invest is $1,000.
When to Consider CMI Gold & Silver
If you're gathering gold, silver, and platinum for an IRA, consider CMI Gold & Silver. CMI Gold & Silver is the world's largest precious metals dealer and can help you buy gold and silver, as well as platinum, for your retirement account.
