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Who hear uses precious metals IRA's?

 
An Uncarved Block
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User ID: 221610
Argentina
02/02/2023 02:20 PM

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Who hear uses precious metals IRA's?
Just looking for some research.

Is it actually as safe as they say it is?
>>>>>>>>>>>>>>>>>

Forget the red or the blue pill. Take the Gold Elixir.

“How can there be a God, when there is nothing but God.” - Laozi


“Naturalness is called the Way. The Way has no name or form; it is just essence, just the primal spirit.” - The Secret of the Golden Flower.
Anonymous Coward
User ID: 84667742
United States
02/02/2023 02:28 PM
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Re: Who hear uses precious metals IRA's?
I didn’t but my Uncle invested in one for several year. When the price started peaking he went to withdraw. No gold. No money. IRA companies are supposed to have insurance and this one claim they did with a return of principal. Nope. Fake too. Luckily not all his eggs were in one basket.

I don’t know if his case is the rule or the exception but be careful.
Buck Tardwater

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02/02/2023 02:35 PM
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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
Buck Tardwater
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02/02/2023 02:50 PM
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Re: Who hear uses precious metals IRA's?
no. i like miner stocks and physical in hand.

same with a safety deposit box - NOPE
An Uncarved Block  (OP)

User ID: 221610
Argentina
02/02/2023 03:32 PM

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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater




So just like my current 401k investments in stocks?
>>>>>>>>>>>>>>>>>

Forget the red or the blue pill. Take the Gold Elixir.

“How can there be a God, when there is nothing but God.” - Laozi


“Naturalness is called the Way. The Way has no name or form; it is just essence, just the primal spirit.” - The Secret of the Golden Flower.
Anonymous Coward
User ID: 85190093
02/02/2023 03:32 PM
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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater


bump


bump


bump
Anonymous Coward
User ID: 85190093
02/02/2023 03:33 PM
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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater




So just like my current 401k investments in stocks?
 Quoting: An Uncarved Block


Yep. They control YOU.

You just own the idea of having them right now.

In the real world, you dont have jack shit but promises because you didnt cash out and realize any gains or losses.
Buck Tardwater

User ID: 72884301
United States
02/02/2023 03:43 PM
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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater




So just like my current 401k investments in stocks?
 Quoting: An Uncarved Block


Everyone has their own opinions on investing and mine is, PMs are insurance or a hedge, not an investment. I have my PMs solely as a hedge for when the USD completely shits the bed. Paper metal doesn't really work too well when the PM is just one and zeros in an online ledger that you may or may not even be able to access when SHTF. Good luck trying to get good delivery of those PMs when the economy crashes.

The USD is losing its global reserve status with the Saudis now entertaining pricing oil in a basket of currencies. We're living in a Weimar 2.0 environment and the shaky house of cards will be coming down soon.
Buck Tardwater
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02/02/2023 03:47 PM
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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater




So just like my current 401k investments in stocks?
 Quoting: An Uncarved Block


Everyone has their own opinions on investing and mine is, PMs are insurance or a hedge, not an investment. I have my PMs solely as a hedge for when the USD completely shits the bed. Paper metal doesn't really work too well when the PM is just one and zeros in an online ledger that you may or may not even be able to access when SHTF. Good luck trying to get good delivery of those PMs when the economy crashes.

The USD is losing its global reserve status with the Saudis now entertaining pricing oil in a basket of currencies. We're living in a Weimar 2.0 environment and the shaky house of cards will be coming down soon.
 Quoting: Buck Tardwater



Gold is wealth insurance.

Silver is potential money.
An Uncarved Block  (OP)

User ID: 221610
Argentina
02/02/2023 04:02 PM

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Re: Who hear uses precious metals IRA's?
If you don't hold it, you don't own it.
 Quoting: Buck Tardwater




So just like my current 401k investments in stocks?
 Quoting: An Uncarved Block


Everyone has their own opinions on investing and mine is, PMs are insurance or a hedge, not an investment. I have my PMs solely as a hedge for when the USD completely shits the bed. Paper metal doesn't really work too well when the PM is just one and zeros in an online ledger that you may or may not even be able to access when SHTF. Good luck trying to get good delivery of those PMs when the economy crashes.

The USD is losing its global reserve status with the Saudis now entertaining pricing oil in a basket of currencies. We're living in a Weimar 2.0 environment and the shaky house of cards will be coming down soon.
 Quoting: Buck Tardwater




Thats the line of thinking I was going with
>>>>>>>>>>>>>>>>>

Forget the red or the blue pill. Take the Gold Elixir.

“How can there be a God, when there is nothing but God.” - Laozi


“Naturalness is called the Way. The Way has no name or form; it is just essence, just the primal spirit.” - The Secret of the Golden Flower.





GLP