People often wonder about purchasing or investing in a Silver IRA or even allowing the Silver venders to secure your physical Silver within a secure storage service. My answer about for the new preppers about stacking and buying silver contracts.
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LEARN MORE ABOUT: Precious Metals IRAs
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
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Was republic metals offering vault services ? If yes what happened when they bankrupted ?
AMEN BROTHER!
Concur with taking possession. Note though there are precious metal IRA account set up means where you are the manager of the account, and can take physical possession as essentially the trustee of your own IRA. Even more flexible might be a solo 401k for your one person LLC.
Why does is need to be hidden? The government sold over 37 million ounces last year as well as almost a million in gold. I don't think they are going to be taking it, nor will it be used in a SHTF situation – service for service until another form of currency is put in place which wouldn't take more than 24 hours.
If you don't hold it then you don't own it. Thanks for sharing buddy!
Our grandparents, depression era people didn't use banks there was a reason for that. They saw and lived through a collapse. The old saying I would rather put money under my mattress was true. If you gotta ask should I take possession of my own physical metals well you better get up to speed on what is happening is what he is saying.
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First option is to take physical possession of silver. The other option is to let Overtax hold it for you:-)
How heavy is Bitcoin?
Sad thing is I workon wall street as an officer of a40million folksy international investment bank, and he's totally right. What ever you sign away by investing in silver id's only redeemable for "cash" I the untimely event of default of the counterparty(clearing firm)…etc. Nothing like holding and owning all ur money/capital/assets(tangible)…etc….
Always buy physical silver/gold. If you don't hold it, you don't own it.
As Always Some Very Good Advice To Those Who Don't Know Any Better Or Haven't Recieved Sound Advice From Their Financial Planners…Which To Me (just say'n)…Many Have No Idea How To Properly Manage Their Own Money For Decades…SAD!!! Kudos For Bringing This Forward…Appreciate!!!
OF COURSE NOOOOO…!