By: Federal Trade Commission Consumer Information If you’re thinking about investing in bullion or bullion coins, the Federal Trade Commission (FTC), the nation’s consumer protection agency, says your best bet is to research your options and get smart. Being uninformed can have serious consequences. Bullion is a bulk quantity of precious metal, usually gold or silver,
Why Gold? 1-To Stabilize your Investment Portfolio Gold tends to go up when other investments decline 2-Gold is strong support against inflation. 3-You can use gold and silver to buy and sell in case of currency devaluation 4-You don’t pay capital gains taxes until you sell It is comprehensible when entrepreneurial-minded individuals want to be gold owners
Gold IRA (Also known as a Precious Metals IRA) is an Individual Retirement Account in which physical gold or other approved precious metals are held in custody for the benefit of the IRA account owner. It functions the same as a regular IRA, only instead of holding paper assets, it holds physical bullion coins or bars.