Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline.
Unlike paper currency & other assets, gold maintains its value throughout the ages. It passes wealth from one generation to the next.
When the value of the dollar falls against other currencies, people to flock to the security of gold, which raises gold prices.
Gold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases.
It is often called the "crisis commodity" because people flee to its relative safety when world tensions arise.
A gold IRA is a self-directed individual retirement account that invests in physical gold as well other precious metals.
You are interested in Gold and precious metals. This is a very personal decision with real ramifications. We are here to help.