If you want to add the stability of a tangible asset with huge upside potential to your retirement portfolio… take a look at gold and silver.
Of course, to add gold and silver to your retirement account you’ll need a Self-Directed IRA or Solo 401k. This is in contrast to a Traditional IRA where you’re only allowed to invest in Wall Street products such as stocks, bonds and mutual funds.
A Self-Directed IRA or Solo 401k liberates your retirement funds… enabling you to acquire alternative investments, including real estate, tax lien certificates, private placements and commodities such as gold and silver.
Your current 401k or IRA most likely won’t allow you to purchase physical gold and silver as part of your retirement portfolio but Sense Financial can help with that.
The following are the three reasons why you need to own gold and silver.
1. Gold & Silver Are An Inflation-Buster
Ever notice everything keeps getting more and more expensive? How about that the price of gas has doubled in just the last few years? And what about food? Doesn’t filling up your cart at the grocery store cost a heck of a lot more than just a couple years ago?
We’re told when prices rise it’s inflation… it’s not. Inflation is increasing the amount of currency in circulation like above. Rising prices is the effect of inflation as there are now more dollars available to purchase the same amount of goods.
Gold and silver have historically been the most effective form of protection against inflation.
For example, a U.S. quarter minted in 1964 that contained 90% silver will purchase the same amount of gas today as it did 50 years ago. Think about that… no loss of purchasing power in 50 years!
A 1 ounce gold coin, valued at $20 a 100 years ago will buy you roughly the same amount of goods and services today as it did then.
If you’re concerned about inflation eroding away the value of your assets…gold and silver are hands down your best to protect yourself.
2. Gold and Silver Hold Their Value
Gold has been considered valuable and therefore used as money for thousands of years. No, that’s not a typo. Gold and silver are the oldest from of money on the planet and have always held their value.
The same can’t be said for paper currencies. In the last 100 years, since the inception of the Federal Reserve, the dollar has lost over 95% of its’ value. In 1913 you could trade a $20 bill for an ounce of gold. How much gold will that same $20 bill buy you today?
Paper currencies have a failure rate of 100%… they all eventually revert back to their intrinsic value of $0. Gold and silver on the other hand have a proven track record of holding their value dating back thousands of years.
3. Gold & Silver Are Historically Precious
Remember, not that long ago gold and silver were money. They’ve never really lost their appeal as much as we’ve been conditioned to think money is now printed from a central bank.
Gold and silver have forever been considered valuable by human beings and that’s not about to change. The demand for gold and silver will always exist… especially during times of economic turmoil, war and global uncertainty like we’re currently experiencing.
Want to know more? Request our no-obligation in depth “White Paper” on the case for owning Gold & Silver.