For as long as possible, your individual retirement account money is not supported by any real assets. The only true money was gold and silver.
Even through all the economic crisis and upheavals that it has experienced, the US dollar, which was still being backed up with gold, has remained steady. However, after the physical gold backed IRA Standard was dissolved, there was a steady decline in value of currency in your IRAs.
All of the individual retirement account have seen a 40% decrease in value. If this is not alarming enough for you, let your money be in those accounts. Only gold, the real currency, is immune to inflation.
Why do you want to be gold?
Inflation would be the largest factor in the coming economic crash! Your fund managers may have told you that their money had increased by about 12%. But before you leap into victory, you should first check the inflation rate in your country right now.
The US dollar loses the same value as the US dollar accumulating on an asset. To make matters worse, the government printed tons of 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 them, who don’t have protection against such disasters.
Investors who are savvy see the value of GOLD as an investment. Every paper money issued will be measured against the expected value of gold when the BOOM hits. If inflation is reducing purchasing power of US dollars, the boom can be predicted using the indicators and then taken advantage of.
George Sorosis 26th on the Forbes List of World’s Most Wealthy.
Is your IRA already ‘hedged’?
You may have heard stories of people who lost a significant amount of their IRAs because of unfavorable markets swings. Many still weep over the loss they made. That’s their future, their savings, and their lives.
There is no need to be a part of the crowd! It is possible to safeguard your individual retirement accounts by investing in solid investments.
Holdings in Gold IRAs have gold as part of their investment portfolios.