The Exorcist

Get A Gold IRA

If you are saving for your retirement or any other future endeavor, Gold, silver and or other precious metal should be in your portfolio. If you were to do this, it would substantially stabilize your financial situation, especially during economic hard times.

If you are concerned about your financial portfolio and you need protection from the drastic swings of the stock market, and if you are thinking about the possibility of investing in precious metals, this information could be very helpful to you. People have always looked for a way to safely invest their hard-earned money to grow wealth.

Historically a precious metal Individual Retirement Account has proven to be one of the safest ways of doing this. Many experienced investors realize that investing in a precious metals account is a necessary endeavor, especially if you have money in the stock market, such as a 401k. Your paper money is exposed to the drastic swings of the stock markets, don’t forget the tech. bubble, remember 2000, and the housing bubble, remember 2008?

The housing market collapsed in 2008, which caused a financial crisis (we are still paying for) that affected everyone in this country. The big banks and other financial institutions gave mortgage loans to people who could not afford to repay the money they had borrowed.

The bankers knew these loans were suspect, but they made them anyway. This caused the housing market to collapse, sending the financial institutions (Goldman Sachs, Morgan Stanley and others) and our economy into a recession tailspin.

After this debacle, the banks came running, begging us (the American people) to bail them out. With our money (trillions of dollars), the government bailed out the big banks and the fat cats on Wall Street. These people, that caused this mess in the first place were even paid (multimillion) dollar bonuses. I’d like to ask you a question, did anyone bail you out for your losses? Did you get a bonus?

Most people on Main Street can’t understand why no one on Wall Street was held accountable for this financial debacle which caused so much pain and strife for the average citizen and investor. Many, who were invested, lost a tremendous amount of their wealth; unfortunately some families lost all of their savings.

A large number of people who lost money on Main Street, do not trust the people on Wall Street, and many will never invest again. The Wall Street fiasco taught many people, that you can’t get things you can’t afford; you must live within or below your means.

It also taught many investors that you must protect your financial future. If some of these people would have had a percentage of their funds invested in a precious metals account, they would have found themselves significantly protected from such drastic losses.

When you finally make the decision to retire, preparing for your future should always be a part of your existing plan. You must have a financial program in place that will generate an income, hopefully, that will last you the rest of your life. In order for your retirement funds to last the rest of your life, you must be sure you are invested in the right financial vehicles to generate such income.

When most people think of generating a continuous retirement income, their first thought is investing in an IRA, which is based on paper money. With the current state of the economy and the way the stock market changes from day-to-day, there is always uncertainty and perpetual bubbles that can burst as in 2000 and 2008.

The bursting of these bubbles wipes out many retiree’s entire retirement accounts. History has shown that gold and other precious metals have stood the test of time and has weathered these economic devastating storms.

If you have a retirement account that is invested in paper assets, you most likely could benefit in a Gold IRA Rollover. Gold is valuable because it can’t be duplicated, and it can’t be printed. Gold has to be found, dug up, and formed into bars, coins etc. There are limited quantities of gold which causes its value to continually rise. This is why you should have a portion of your retirement portfolio invested in Gold. Gold has always done well and has significantly increased in value over the past decades.

With the economy in bad shape, and the national debt growing out of control, gold is predicted to increase in value over the next several years. This prediction, along with its past history, makes gold an excellent addition to any retirement portfolio.

If you invest your money without the protection of a precious metals IRA, you are gambling. It’s as if you are in a casino, sitting at a slot machine, or rolling the dice.

You’re betting on an economy that is fighting against some tough opponents, you need a champion to fight these evil contenders that include, The US National Debt which is in the trillions of dollars, devaluation of the dollar, which causes the dollar to lose its purchasing power, quantitative easing, which has the central banks buying more government securities, hyperinflation, which causes out of control inflation, political unrest, Democrats and Republicans at each other’s throats, and wars,with ISIS wanting to kill all of us.

Gold is the reigning champion that has been defending its title for centuries. It has fought these contenders and has won every time. So let the champion (Gold) help you fight your financial battles. Even though these contenders have been knocked out, time and time again, they are always looking for a rematch.

At any time one or more of these factors could send this weak economy into a downward tail spin. If you want more financial security in your retirement, or in any other financial endeavors you undertake, you should look into placing a portion of your money into a precious metals IRA account.

I know you are sick and tired of hearing about Armageddon, the battle between good (gold/silver) and evil (fiat currency), paper money, but these factors are real.

Your money has a better chance of surviving, if it doesn’t have to fight against the fore mentioned factors, and the safest way of doing this is with a precious metals account.

At the present time the United States and other nations use a fiat (paper money) System. This system is not backed by a physical asset, such as Gold or Silver. The monetary system of the United States use to be backed by Gold, but in 1971 President Richard Nixon took the country off the gold standard.

Any fiat money system is venerable, because of the amount of paper money that can be printed, which causes inflation and eventual failure. When these failures can no longer be excepted, then the most practical decision, will be returning to the system that is backed by gold.

A Gold IRA Rollover will act as a safety net against a paper money portfolio. It is well known, that the almighty dollar will be devaluated further, if the Federal Reserve continues printing more dollars which causes inflation. The more access you have to something, the less valuable that item becomes. The printing of more and more dollars only makes the dollar less valuable.

A precious metals portfolio will act as a stop-gap against this inflation, because you can’t simply go out and print more gold; that’s why it is so valuable.

Gold has consistently risen in value; how many other investments can make that claim? Gold is valued in every country throughout the world.

A Gold IRA should be one of the very first steps that you consider when diversifying your investments.