Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bkopto
If you have the money to buy GLD and SLV, DON'T!!! These are what as known as "paper gold" and "paper silver". Stay far, far away from these ETFs. Visit www.tfmetalsreport.com for the lowdown.

What about our SEP and IRA accounts? What are the options? Thanks.

34 posted on 08/04/2011 11:24:34 AM PDT by sand88 (Sarah Palin announces her run: August 12, 2011 11:10am ET)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: sand88

Swiss America can put your IRA or other “qualified” funds into physical gold.

Now, since they are qualified funds, you MAY NOT take delivery of the physical metal, they must hold it for you.

It gives you the inflation hedge against this bunch crashing the dollar, but if you think the system is going to collapse to the point that you’ll not be able to recover those assets from the investment company,

you might as well take the hit on taxes, take the distribution, and buy the metal yourself.


35 posted on 08/04/2011 11:39:30 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
[ Post Reply | Private Reply | To 34 | View Replies ]

To: sand88
How about these links:

Link #1 to physical gold in IRA

Link #2 to physical gold in IRA

I do have problems with the idea of owning precious metals in an account (that is, in your IRA) that is really partnered with the US Government. The feds could change the rules on your IRA, confiscating it and converting its assets into an account invested in risky and worthless US T-bills. Such a risk is known as a counter party risk. I don't trust the feds. Best to own your PMs outside of an IRA, so you own it free and clear. Best also to have physical possession of it, as well. Don't store it in a safe deposit box. Hide it in a safe place, in YOUR possession. Hope this helps.

38 posted on 08/04/2011 11:56:12 AM PDT by bkopto (Obama is merely a symptom of a more profound, systemic disease in American body politic.)
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson