Discover the benefits of incorporating gold and silver into your retirement strategy and take control of your financial destiny.
We specialize in helping clients like you navigate the world of precious metals investments within Individual Retirement Accounts (IRAs), other types of retirement accounts, or even physical supply.
But, Should You Secure Your Future with Precious Metals?
In 1971 President Nixon took the United States off of the gold standard.
So, imagine America moving from a debit card budget/accounting system to a credit card accounting/budgeting system.
Now, instead of being accountable for any money that we spend on a federal level, we can simply print more money whenever needed or wanted.
The US Government issues US Treasury Securities to finance its operations and debts. China and other foreign countries purchase these US Treasury securities. The more money we print, the more interest/debt we owe!
Since 2008, the United States Federal Reserve has been printing money at an alarming rate.
More and more the US is transitioning from a producing country of net exporters to a consuming country of net importers.
A gold and silver retirement strategy will allow you to maintain your lifestyle and protect your purchase power.
Gold and silver as an insurance role in a portfolio not only hedges against stock market, US currency, and real estate declines, but will also create ample gains.
Subject to someone else’s opinion of what they’re worth, i.e., not what a client wants to base their legacy.
Easily counterfeited and difficult to liquidate “pieces” of them, which defeats the purpose as liquidity is one of the key benefits of this asset class.
Gold and silver are available for purchase in different forms.
For nonqualified funds, National Gold Consultants recommends taking physical receipt of general circulation, pre-1933 American coins. The reason is because they ensure the most privacy, liquidity, and authenticity.
If the coins are minted prior to 1933, the government has stated that they do not have to be reported. That doesn’t mean any taxable income or capital gains doesn’t have to be reported; but if, for example, gold was being confiscated for some reason, no one has to know that you have these gold coins.
There’s something to be said for having tangible assets in your possession, but clients may be concerned about where they’d store all that gold. The truth is, hundreds of thousands of dollars in gold and silver coins could be stored in a few shoeboxes in the back of a closet.
While physical possession is acceptable for nonqualified funds, it’s not an option for qualified funds. IRA dollars held in gold or silver must be kept in a depository through a trust custodian.
National Gold Consultants works exclusively with Delaware Depository and Gold Star Trust for these services.
The suggestion for qualified money is the regular bullion from the Canadian Mint in 1-ounce gold Canadian maple leaf coins — for their performance and liquidity.
Discover the benefits of incorporating gold and silver into your retirement strategy and take control of your financial destiny.
National Gold Consultants
We specialize in helping clients like you navigate the world of precious metals investments within Individual Retirement Accounts (IRAs) or retirement accounts.
We hope for your future to be prosperous and trouble-free. See how our strategic planning services can protect a comfortable lifestyle in your retirement.