For as long time as it is possible, your individual retirement account money does not have any backing from anything of real value. The only true money was gold and silver. Buying gold for ira purposes can provide a hedge against inflation and economic uncertainty.
The US dollar was stable in the past, even though it was still supported by gold. But, when the gold standards were abolished it caused a steady-decrement in the currency that you knew you had in IRAs.
In every retirement account, it has seen a 40% decrease in value. If this does not alarm you, let your money be in those accounts and keep it safe from the rest of the world. Only gold, the real currency, is immune to inflation.
Inflation would be the largest factor in the coming economic collapse. When your fund managers claim that your money increased by 12% or more… don’t rush to celebrate. First, find out what the current inflation rate is. Second, determine if the increase was necessary.
The US dollar loses the same value as the US dollar accumulating on an asset. To make matters worse, the government printed tons and tons more paper money. This is a way for it to get more paper money to subside its operations and help them survive. The result is that inflation could be so destructive for most of those who are not protected against such disasters.
Investors who are savvy see the value of GOLD as a way to invest. Every paper money printed worldwide will have to be accounted for when the BOOM hits. If inflation is threatening the purchasing power US dollars, the boom can be anticipated based on the indicators and taken advantage of.
George Soros ranks 26 in Forbes’ list of the world’s richest billionaires. It stated that the US$ is extremely weak, and that investors have begun to look at real assets.
Is your IRA already ‘hedged’?
You may have heard stories of people who lost a lot, if any, of their IRAs because they were affected by market swings. Many still feel the pain of losing all they worked for. That’s their money, their future savings, and lives.
There is no need to be a part of the crowd! It is possible to safeguard your retirement account by making a solid investment.
Holdings in Gold IRAs have gold as part of their investment portfolios.