Diversifying Away From Debt With A Precious Metal IRA
The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by the economy and geopolitical trends that will most likely place impact on your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.
As the US dollar continues to devalue against goods, services, and commodities, it is increasingly important to focus on protecting your purchasing power for the future. An accredited retirement account is designed to provide financial security when you retire, and a precious metals IRA account can help protect your portfolio from the erosion of purchasing power caused by inflation.
Diversifying your portfolio away from the risks associated with debt
Unlike many traditional paper investments, physical precious metals carry zero debt. This means that no one can borrow or loan against your physical precious metal holdings. When debt is associated with an investment, a higher level of risk is present. Due to the absence of debt, physical precious metals are considered a conservative long-term investment.
Choosing the right IRS approved gold product
Many precious metal investors falsely believe that only mass-produced products like the American gold Eagle coin, or the Canadian gold Maple Leaf coin are allowed in a precious metals IRA. However, that’s not the case. There are many IRS approved gold coins that can offer investor’s additional premium value at time of liquidation. This is due to their user-friendly attributes. Offering the possibility of more upside potential due to supply and demand factors.
You want to align yourself with a reputable precious metal company to assist you with product knowledge and provide information on past product performance. Ultimately, you want to choose the precious metal coins that will best suit your personal needs and goals.
Choosing the Right Gold Dealer
The precious metal dealer you choose should offer transparency in pricing by posting their product purchase pricing online. Carefully research any precious metal dealer you are considering by reviewing credible online review sites like BBB, Trustpilot, Google Reviews, Consumer Affairs, and Retirement Living. Only consider a precious metal dealer that offers a Fee Free Buyback Policy. Only consider precious metal dealers that guarantee transaction pricing with a phone call. Only consider a precious metal dealer that will insure the shipping of your precious metals and guarantee delivery.
The simple way to establish a physical precious metal IRA
Simply contact Orion Metal Exchange. Our in-house and full-service IRA department can help you right over the phone. They can help you locate a custodian and depository that will best suit your personal needs. They will help you establish a precious metal retirement account within minutes. Then, our IRA department will contact your current retirement account custodian to request the transfer of your retirement account funds. Once your funds are transferred, you will be able to buy, sell, or exchange gold, silver, platinum, or palladium with a phone call. Our IRA department will then insure and ship the precious metals to your insured IRA depository account. A precious metal IRA account allows you the flexibility to buy, sell, and exchange precious metals within your retirement account as a non-taxable event. Unlike our competitor’s, Orion Metal Exchange offers access to every legitimate precious metal IRA custodian and depository option in the nation. Every IRA commercial depository we work with is insured by Lloyd’s of London for the value of the precious metal holdings.
FAQ: Your Key to Understanding!
What is the safest precious metal to invest in?
Gold is widely considered the safest precious metal to invest in due to its long history as a store of value, global acceptance, and relatively stable pricing. It serves as a hedge against inflation and economic uncertainties, making it a preferred choice for investors seeking stability in their portfolios.
Which precious metal is most used to barter?
Silver is often considered the best precious metal to barter with due to its lower price point when compared to gold and platinum, making it easier to exchange for a wider range of goods and services.
Orion Metal Exchange presents this article for both our investors and perspective investors, offering insights into precious metals and their relevance amidst economic and geopolitical trends. To explore precious metal investing further, dial 1-800-559-0088 for a FREE investor kit.
