December 10, 2009 – Investing gold within your portfolio may be a wise idea, as long as you have not already shifted 20-30% of your assets into physical possession, safe-haven holdings. Gold, silver, and other privately-held, hard assets have gained substantial value recently because our nation’s investors are worried that our entire economy could collapse.
Whether that will happen remains to be seen, but there is no doubt that our nation could be facing the worst financial crisis since the Great Depression took root in 1929. To learn more about the Great Depression and how gold investors were affected during those difficult times, register below for the 2010 Insider’s Guide to Investing Gold Within Your Portfolio.
Some investors have taken advantage of a 1997 law that permits investors with retirement accounts to store physical gold within those accounts. IRA investors, as well as investors with inactive 401k and 403b plans, can transfer a portion or all of their nest egg into physical gold and silver, which is securely stored by one of two approved depositories, Sterling Trust (www.SterlingTrustCompany.com) and GoldStar Trust (www.GoldStarTrust.com).
If you do not have and eligible retirement account or if you insist on immediate delivery of your gold, then you should invest in physical possession gold with one of our nation’s major exchanges, such as the Certified Gold Exchange. By owning physical gold and storing it privately, you empower yourself and have financial independence in case our dollar collapses. In the event of a national financial emergency, Americans with gold in their hands would be able to call the shots, unlike individuals weighed down with useless fiat currency.
If you foresee our nation’s economy devolving further, hedge your remaining assets with physical gold, and protect your retirement accounts if you have them. Economists have called for 2010 to be the start of the Greater Depression, so demand for gold and other safe-haven assets will likely increase in the near future. In addition to your traditional investing, gold and other privately-stored assets may be wise additions to your portfolio, so register below if you would like more information on this exciting time for gold investors.
Stewart Lawson
Senior Staff Writer - Gold-Investment.info