Does investing in gold with a gold IRA make sense? – Bankrate.com

Is it wise to invest in a gold IRA? Over time, it’s been found that gold has a mixed record with begin a good investment. Investing in gold accumulates no interest or dividends, but some would argue that gold is a good investment because gold always has value. Nonetheless, it could be a good way to diversify your investments.

KEY TAKEAWAYS:

    • Some conspiracy theorists speculate that humans were put on Earth to mine gold for aliens.
    • That would partly explain people’s fervent obsession with the stuff, including investing in gold.
    • Investing in gold pays no interest or dividends, but many investors believe that gold will always be worth something.

    “As jewelry, gold shines. But as an investment, the track record is mixed.”

    http://www.bankrate.com/finance/investing/investing-in-gold-ira-good-idea-1.aspx

Gold Backed IRA as An Investment

Did you know that gold is considered a liquid asset because it is recognized all over the world? That means that gold is currency everywhere. The value of gold has continued to increase since the 1920’s. Many people invest in gold for various reasons stated in the article. Are you interested yet?

KEY TAKEAWAYS:

      • A Gold Backed IRA can serve as protection for your retirement. The Gold IRA Rollover is completely tax-free and hassle free, and a process that is approved by the IRS.
      • The process permits you to diversify your retirement plan – even existing IRAs and 401ks from a past employer – by owning gold, and other precious metals, within your retirement plan.
      • This Self-Directed Individual Retirement Account allows you to securely own physical precious metals in a tax-deferred account. You will not have to be limited by risky stocks and bonds.

“Gold has an undeniable track record for its purchasing power and wealth preservation that pre-dates the establishment of our modern financial structure.”

http://www.nuwireinvestor.com/gold-ira-investment/

Gold Is Heading For $1500 And This Time It’s for Real Different

Gold-Heading-For-1500

A gold IRA is a type of IRA that allows the investor to own physical gold, silver, platinum and palladium instead of the standard paper trail asset that can be sucked up by corruption in a matter of minutes, leaving the investor with nothing. Gold IRA has not only become mainstream, it comes highly recommended by many gurus of investing including Peter Schiff.

Gold is heading for $1500, but there seems to be a different ‘feel’ this time around. There is a bullish Fibonacci retracement and the overall economic fundamentals seems to point in that direction.

KEY TAKEAWAYS:

  • Gold has made quite a run and some bears argue that it will correct at least 300 points because of a commodity bear super cycle.
  • Despite the long-term double top pattern in gold, one should not automatically presume that crowd behavior will react in a similar manner.
  • This time it really is different as the underlying economic fundamentals support higher gold prices.
  • Currently, gold is in the midst of a bullish Fibonacci retracement and its next target is $1500.

So if you are still hedging on whether or not to make gold part of your retirement plan, think again. When you do make the commitment of gold, make sure you do a thorough comparison of the best Gold IRA custodians.

Original source: http://seekingalpha.com/article/3986944-gold-headed-1500-time-really-different