What are IRA eligible bullion coins?
They come from a variety of precious metals such as gold, silver, platinum and palladium, and are used as an important investment tool. You can find bullion coins in a wide array of sizes and denominations. Their value is found based on their precious metals content.
Bullion coins tend to be easy to get your hands on, and are almost always available. When you invest in bullion coins, you are investing in a physical object, which can lead to both short-term and long-term rewards. It is not nearly the same as investing in a stake or share in a company.
Believe it or not, bullion has shown itself to be a hedge against inflation. During times of soaring federal debt, bullion can be extremely valuable. When you collect bullion, you are protecting yourself for your retirement.
Due to unstable global currencies and worldwide economic recession looming over our heads, many people have turned to collecting precious metals to stay safe and to have a backup plan.
Are you wondering what the most popular bullion coins are? Those would be the American Gold and Silver Eagle, the Gold and Silver Canadian Maple Leaf, and the South African Gold Krugerrand. These are sought after by many.
Are you wondering where the best places are to acquire Gold IRA eligible coins? Banks normally have some, as well as brokerage firms. Coin dealers and precious metal companies might have better collections that you can choose from. Augusta Precious Metals, in particular, offers the most popular gold, silver, platinum and palladium bullion coins at special prices.
Augusta Precious Metals offers you a great Portfolio Comparison Tool, allowing you to see what your precious metals would be worth. Compare investment returns since the year 2000 to see what your figures will look like.
Did you know that if you had invested $10k in the stock market and $10k in gold in 1970, by this year you would have made $195k in the markets and $362k on gold?
History shows us that the stock market gives lower returns than gold. We can see that clearly when we look at the facts between 1970 and 2010 – gold outperformed the stock market by over 300%. Can you imagine?
So why should you own precious metals?
I think we just made that pretty clear. Gold does protect you from inflation, because gold tends to rise when inflation rises, giving you stability and security.
Strengthen your Retirement PortfolioBy putting a gold-backed IRA into your investment mix, you are strengthening your retirement portfolio and becoming more stable financially.
What about silver – China and India have both been gathering silver?
The investment interest in silver is beginning to grow. China and India have both been gathering silver as an asset because of its promising future, and because it might yield higher returns in years down the road. We feel this is an opportune moment to be purchasing silver, as it is expected to move higher on the charts. Once a “poor man’s metal”, it will be a valuable asset soon enough.
China has even been encouraging its citizens to purchase their collection of silver bullion and have made it available throughout the country at banks.
Since many electronics contain silver, its demand in the industrial world is rising. Due to silver being a very reliable electrical pathway, it is essential to numerous electronics, found in circuit boards, telephones, microwave ovens, batteries, film, hearing aids, and more.
Silver is definitely on the rise. The dollar is continuing to weaken, Euros are beginning to fall, and silver supplies are making a disappearance because people are hanging onto it. This will likely lead to a rise in the value of silver, and those who have it will be on the winning end.
Protect Your Portfolio with a gold-backed IRA. You can purchase a variety of different products including coins, bars and rounds from the gold market. However, also take a look at silver. It is also 99.99% pure and are trade-able all over the globe.