By J.P. Dahdah, Founder & CEO of Vantage
Trying to keep up with the gold market? Can’t sort out the noise from the bulls and the bears? What does the future hold for Gold and Silver investors?
There is a reason why owners of Self-Directed IRAs are investing in gold in increasing numbers. Putting the speculators aside for a moment, let’s take a look at gold as an investment.
History Is On Gold’s Side. One thing that has been certain throughout history is the fact that gold has continued to increase in value over time. While no one has a short-term crystal ball with which to predict next week’s price, steady, long-term gains are an historic fact that no one can deny.
Gold and Silver Investors Say Gold Is the Ultimate Protection Against the Dollar
When the dollar falls, gold inevitably rises. If you are confident in the dollar’s value, maybe you’re not that interested in gold. But, take a look at what has been occurring in the economy lately. Does the current economic recession, the likes of which we haven’t seen since the Great Depression, instill confidence? Does an economic “recovery” that is moving at a snail’s pace make you feel optimistic that the worst is over? Does a devalued U.S. credit rating and the U.S. Government shutdown make you feel good about the direction our country is headed? Toss in the trade deficit and national debt, and I think you see the point.
Wall Street Isn’t the Answer. Investing in paper has proven to be a risky proposition. Recently, retirement accounts plunged in value. Corrupt companies too big to fail have required bailouts. Automated trading has caused huge downward spirals in investment worth. And, Wall Street speculation seems tied to every daily whim or “sky is falling” prediction. Wall Street gives you little control over your investment dollars. Many people who are asking today, “Why take the risk for little or no rewards?” are looking to Self-Directed IRAs for alternative strategies for their investment dollars.
If you are concerned about the future of gold, take a look at its history. Future growth will be seen in gold in the long term. A Self-Directed IRA is a good way to take advantage of gold investments. In the final analysis, the intrinsic value of gold as the basis for real value will never change. History doesn’t’t lie, and history does repeat itself.
Does your portfolio include investments in gold?
For more information on how you can discover your IRA investing alternatives, contact our team at (866) 459-4590 or ClientService@VantageIRAs.com.