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1. Everything You Need to Know About Creating a Silver IRA or Gold IRA
When you think of creating an IRA (individual retirement account), you probably think
of buying stocks, mutual funds and similar investments. However, these days you’ll find
that more savvy investors are creating a silver IRA or gold IRA. And that’s because they
want to protect their investments and not see them all disappear the next time the
economy is a little shaky.
Is a silver IRA or gold IRA right for you? You’ll need to talk it over with your financial
advisor in order to make that determination. Here are some issues you can talk about
with your advisor…
A silver IRA or gold IRA is a good investment.
Every time the economy weakens, those who primarily invest in stocks, bonds and
similar investment vehicles tend to lose their savings. If they’re lucky, their portfolios
merely lose some value. But if they’ve invested in the wrong companies, they could lose
almost everything. And if the investor is getting near retirement age, it’s frightening to
watch the retirement nest egg disappear.
One way to protect yourself is by spreading the risk, which may include creating a gold
IRA or silver IRA. This means that your IRA isn’t stocked with paper certificates. Rather,
it becomes a silver or gold-backed IRA, meaning you have actual precious metals in a
depository. And this allows you to protect your buying power against a weakening
dollar or an uncertain economy.
Only certain types of precious metals are allowed in a silver or gold-backed
IRA.
The IRS doesn’t allow you to create your silver or gold-backed IRA out of any kind of
bullion. Here are some of the rules you need to follow:
1. Your silver IRA must contain .995 pure silver.
2. Your gold IRA must contain .999 pure gold.
3. Your gold IRA can only be stocked with approved coins such as the gold Buffalo
coin, the US Gold Eagle, the Australian Kangaroo, the Austrian Philharmonic and
the Canadian Maple Leaf coin.

2. 4. Your silver IRA can only be stocked with approved coins such as the American
Silver Eagle, the Mexican Libertad coin, the Canadian Maple Leaf and the
Austrian Philharmonic silver coin.
Please note that you can’t add your existing gold or silver bullion to your gold IRA or
silver IRA. Rather, you need to purchase these coins and bullion from an approved
seller and direct this company to put the bullion into your silver IRA or gold-backed IRA.
If creating a silver IRA or Gold Bbacked IRA sounds confusing or overwhelming to you,
don’t worry – it’s not as hard as you think. All you have to do is go to www.57gold.com
and contact our precious-metals experts. We may not be financial advisors, but we
know a lot about metals – so give us a call today to find out what we can do for you.