If you’re ready to learn more about investing in precious metals, simply click here
You can choose to receive a FREE Regal Assets Gold Investors Kit, if you wish. Additionally, you will have direct access Regal Assets fully qualified investment advisors.
THE PRICE OF GOLD
Ever since 2001 precious metals have increased in value. In just seven years from 2001 until 2008, the price of gold jumped from about $270 per ounce up to approximately $800 per ounce.
Then, suddenly, in 2008 the financial world was reduced to chaos. Serious recession occurred and many countries, including the US, faced an extreme monetary crisis. In the US, the Dow Jones Industrial Average lost about 50% of its value.
Bank loans were almost impossible to obtain. Companies could not get finance required for working capital and unemployment rocketed. Many millions of Americans suffered and millions lost their homes.
WHAT EFFECT DID ALL THIS TURMOIL HAVE ON THE PRICE OF GOLD?
In the 3 years from 2008 to 2011, the gold price increased dramatically from around $800 per ounce, to reach its all-time record high of almost $1,900 per ounce.
The price of precious metals has settled down since those peak levels were achieved but gold, at the time of posting this video, is still sitting at approximately $1,300 per ounce, which is still much higher than the price in 2001. Remember, the price then was just $270 per ounce.
Today, there are numerous options for retirement savings. But the crucial factor is that today’s seniors have several of ways to include gold in their IRA. An IRA is an Individual retirement account.
There are numerous financial investments which can help with our retirement planning. Unfortunately, many of them are under-pinned by the value of the US dollar. The value of the dollar continues to fluctuate wildly; therefore we must carefully consider our choices when it comes to our very important retirement investments.
Diversification is the key. IRA owners must ensure that their portfolios are balanced between the precious metals, CDs and stocks. Gold has the unique characteristic of retaining its value. This is why gold IRA’s are so popular and such a sensible retirement investment choice.
With a gold IRA, you are no longer dependent upon the value of the US dollar. The value of gold will almost certainly rise, regardless of the economic circumstances, as it has for hundreds of years.
Of course, gold prices can fluctuate but there is a limit under which gold will not drop. This makes gold far safer, compared to common stocks.
Gold-funded IRA’s are a very appropriate and safe retirement plan which we can all use to maximize our wealth in retirement.
Usually, a gold IRA does not carry any taxation consequences. This is entirely legal and as a gold IRA investor, you are not required to state how much gold is kept in your gold IRA.
Investing in a gold IRA is an excellent choice as a part of any individual’s overall retirement strategy. Because gold holds its value extremely well, ensuring that gold is part of your retirement planning makes perfect financial sense.
If you’re ready to learn more about investing in precious metals, simply click here
You can choose to receive a FREE Regal Assets Gold Investors Kit, if you wish. Additionally, you will have direct access Regal Assets fully qualified investment advisors.
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LEARN MORE ABOUT: Precious Metals IRAs
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