Backing Your Retirement with a Gold IRA

BELLEVUE, Wash. - May 28, 2013 - PRLog -- During the market crash of 2008 and 2009 many investors saw that the housing market was creating a bobble that would pop in the near future. As a result of this foresight a few of those who are a little more susceptible to risk took the approach of shorting the stock market. This gave them an extremely healthy return. On the other hand, those who were much more risk-adverse moved their funds into gold and other precious metals.

During the first few years after the market crash the value of gold experienced a precipitous climb that would make nearly any investor in it extremely pleased. Many, however, now believe that gold has had its time and that it will decline in value in the near future, even further than what we have already seen. One thing that is important to consider is that gold has a tendency to move in an inverse relationship with the rest of the market; as the stock market goes up gold goes down, as the stock market goes down gold goes up.

It is for this reason that many believe gold has not finished its precipitous climb in value. Because only government spending has been around during the last few years many believe that once this unsustainable prop that is a major contribution in the support level of the housing market. Once this stops it is highly advisable that savings and retirement funds are backed by something that maintains and holds value.

This is why many investors are still holding onto gold. This is why many people have turned towards a gold IRA to purchase coins that can be held behind the tax-sheltered account of the Roth or Traditional IRA accounts. These accounts allow investors to buy gold, silver, copper, platinum and many other precious metals. These metals can then be held in the IRA through a qualified custodian until the investor in comfortable enough with the stock market to investor in other securities.

Silverstone

Silverstone is an investment company that specializes in the establishment of self directed IRAs, real estate IRAs, Gold IRAs Backdoor IRAs for the purpose of managing and controlling your own investment funds. For more information on these accounts and how Silverstone can assist you in preparing for and taking control of your retirement needs follow the link below:

http://www.silverstone.net/silver-vs-gold-ira/