David Morgan


How Investing in Precious Metals Will Help Baby Boomers

Retire Comfortably Without Fear

By David Morgan 

October 24, 2008

How Investing in Precious Metals Will Help Baby Boomers Retire Comfortably Without Fear

Baby boomers, with every year that you get older, do you become more and more afraid of retiring?

I don’t blame you at all.

The worldwide economic slowdown epidemic that is forcing homeowners into foreclosure, halting consumer spending, driving up credit card bills and crashing stock exchanges on a global basis are seriously hurting many baby boomers’ plans for retirement.

Many boomers have become very fearful of their future because they were relying on their 401Ks and IRAs for a comfortable retirement. Now, they’re watching their profits freefalling downward. Many boomer investors are now seeing lots of red in their portfolios – so how can they retire?

In other words, if baby boomers aren’t adding to their wealth and if their asset values are falling, their chances of a comfortable retirement are quickly diminishing.

So, what can you do?

Simply change the way you fund your retirement. Start diversifying wisely!

Two Alarming Reports That Should Convince All Baby Boomers to Change the Way They Invest in Their Retirement Plans





A recent S&P report, which calls Americans “dangerously unprepared for retirement,” notes that the poor performance of asset markets in recent years is hitting the piggy banks of even those most primed for retirement. The S&P 500 Index, for example, is on track to have its worst decade performance since the Great Depression!

 





In an AARP survey, fifty percent of the respondents said the value of their 401(k) accounts and other investments had dropped over the past 12 months. One-quarter of retirees said their golden-years income had fallen in tandem with interest rates.





·        How You Should Invest in Your IRAs and 401Ks If You Want to Avoid Retiring Poor

You should fund your Individual Retirement Accounts (IRAs) and 401Ks with physical gold and silver. Yet very few investors are aware of this fact.

Here’s why you should diversify your retirement portfolio with precious metals:





Precious metals are exempt from all capital gains taxes, so if your investments perform well over a long period of time, it can result in huge savings. 

 





Precious metals normally rise during periods of unsettling events such as wars, terrorism, inflation, deflation, downturns in the stock market and the US dollar.

 





Precious metals usually yield large profits in no matter the circumstances.





What Makes Investing in Gold and Silver Unique

When you invest in gold and silver you can take physical possession of the actual gold or silver when you make your withdrawals.  That’s correct!  You can cash out in real honest-to-goodness gold and silver instead of fiat dollars.  This is the most important feature of all.  Down the road, in this generational bull market in gold and silver, the odds are in your favor that you will want and need the physicals when it’s time to access your investment.

How to Get Started in Investing in Gold and Silver in Your IRAs and 401Ks

Once you decide that you want to include precious metals in your retirement planning, you need to determine how much you want to invest.

How much you invest depends on:





Your annual contribution





Your personal goals





Your individual investment philosophy





Three other factors to consider are:





Your age





Total assets





Risk tolerance





Very few institutions are set up to handle the precious metals component of retirement plans. One of the leaders in the field that I personally recommend using is GoldStar Trust Company.  They serve as custodian for approximately 20,000 self-directed IRAs with assets in excess of $700 million.  One thing to note is that GoldStar is not a coin dealer, but it will work with dealers who buy and sell precious metal coins and bullion for your IRA on your instructions.

Setting up a self-directed IRA with a company like GoldStar is easy. And, there are only three steps to follow:

1. Submit the paperwork.

2. Fund the account.

3. Direct your broker which precious metals to buy.

So, start investing in gold. Start investing in silver. And start investing in other precious metals unless you want to continue having to drink a bottle of Maalox every night because you’re so afraid of the future. Follow my advice in this article, in my book “Get the Skinny on Silver Investing” and on my website, http://www.silver-investor.com and you will retire comfortably without fear.

It is an honor to be,

David Morgan

 



Kayla S


osmium and iridium are precious metals. The destiny of osmium is 22.58 g/ cm3 , and the destiny of iridium is 22.56 g/ cm3. Which metal is denser?

rsign_2000


…Or any other type of Precious Metal or Substance.

Lisa


Do precious metals increase in value as the dollar drops??

Sara


Inside info here folks. Lot of hushed whispers today about it on wall street. From what I heard they are going to be giving the human race a NEW precious metal. Not alot, can’t have everyone walking around with it, but enough to make a certain few rich, and some people just okay.

Ian Maher


Precious metals are ideal for creating beautiful jewelry due in part to their resistance to corrosion. Since precious metals have an unreactive and oxidation-resistant nature, they fall into the category of noble metals. Such precious metals with which you may be familiar include gold, silver, and platinum, but palladium, rhodium, iridium, osmium and ruthenium are other precious metals commonly incorporated into jewelry such as diamond rings, eternity rings, promise rings and right hand rings. The system of measurement for the weight of precious metals is troy weight, in which one troy ounce equates to approximately 1.1 standard ounces and twelve ounces make up one troy pound. Precious metals can be combined to form what are known as alloys, often for the purpose of reducing cost or producing a metal sturdier than any one element alone. Here we examine the major precious metals used in the crafting of fine jewelry:

-Gold: The most malleable and ductile of the precious metals, gold can be readily flattened into thin sheets and stretched into thin wire, which makes it a versatile and popular choice for jewelry creation. Gold is often alloyed with other metals for cost reduction and to increase the strength of the final product. In pure form, gold is measured in troy weight, but as an alloy with other metals its weight is measured in karats. For gold, the karat weight specifies the amount of pure gold present, with 24 karat being pure gold and smaller karat weights designating lower percentages of gold and higher proportions of other metals.

-Silver: Second to gold in malleability and ductility, silver is anther precious metal popular for use in jewelry. Silver is also commonly alloyed with other metals to create jewelry, with the popular sterling silver consisting of a combination of 92.5 percent silver with a relatively small 7.5 percent of another metal, typically copper. Being a superior conductor of heat and electricity, silver has numerous applications beyond jewelry making, such as coins, dentistry tools, silverware, film and electronics.

Platinum: Rarer than silver and gold, platinum is a durable precious metal common for eternity rings, engagement rings and wedding bands due to its resilience even with constant use. Iridium, palladium, ruthenium, rhodium and osmium are other precious metals in the Platinum Group of Metals, which occur together naturally. Palladium is the metal often mixed with yellow gold to make white gold, and rodium is used extensively to plate white gold to give it that extra white brightness. The metals in the Platinum Group of Metals are resilient, tarnish resistant and stable, making them popular for use not only in jewelry but also in numerous industrial processes such as crude oil refining and automobile manufacturing.

The end price of jewelry that can be attributed to precious metals depends not just on the pureness and rarity of the metal, but also the craftsperson’s skill level, the intricacy of the piece and labor.



G Smith


Coin collecting goes back over many centuries. It is man’s inborn nature to collect something. And coins are one of the most popular collectable objects. The collection of coins, whether by professionals or amateurs, is called Numismatics. This article is a list with the most popular coins made from precious metals. People always collect coins, especially ones which are minted from precious metals like gold, silver and in later years from platinum. The early technology of coin-making was very primitive for many centuries. And many sorts of coins had very varied shapes.

It is well known that the first coins were minted in Lydia (this kingdom was placed in the south western part of modern day Turkey) in about 560 BC. And those coins were made of gold. The first silver coins were coined in Greece, in the state city of Argos in about 700 BC.

The first platinum coins were coined in Russia in 1828. There were 3, 6, and 12 ruble coins. The minting of Russian platinum coins was stopped in 1844. Platinum coins were never used as widely as gold coins and silver ones. Some other countries minted coins made from platinum, but they were commemorative coins for collectors, not intended for daily use.

Every country has minted gold and/or silver coins. There was a long period when people used gold and silver coins as an instrument of payment in their daily lives. But from 1933 year making gold coins was almost stopped for daily use in all countries of the world. Many countries still mint coins from precious metals, but their minting is for commemorative coins that are not made for daily shopping, such as in supermarkets. This is because the precious metals scrap price of the precious metal present in most of these coins now is higher than their face value as legal tender coins. Precious metal refiners such as http://www.goldscrap.co.uk/ will accept all types of Gold, Silver and Platinum bullion coins and scrap metals, paying the highest rates for your investment bullion and coins.

There are almost as many reasons for collecting coins as there are people collecting them. First of all, gold, platinum, silver and other precious metals has always been one of the best ways for keeping and increasing your savings. This means gold, platinum and silver coin collections are a good idea for your investments. Really, sometimes your coin investments can increase in value from 25% to 100% per year. What Bank can offer you so large a yearly income? Of course, you are unable to get any cash until you sell your coins. Investment in gold coins, platinum coins and silver coins is not generally subject to reducing prices. Make sure, you chose a coin dealer that has a good reputation before you start to invest your money in any coins. Conduct research on how long a dealer has been in this business. Never purchase coins from an unknown dealer, if you cannot check his/her business reputation. Because there are a lot of swindlers trying to sell fake coins these days. So, be careful every time when you buy coins from new sellers.

Three main factors determine the value of coins – condition, rarity and age. The value of commemorative gold, silver and platinum coins is always more than their face value. And prices are growing quickly on many commemorative coins and coins bearing certain dates. In some cases, the price can increase by up to 200% in just one year! Also it is a very interesting hobby to collect coins. Every coin is a piece of the human history, and you can touch this history your own hand.



Samuel Heins


rising rate of inflation and the serious economic downturn, more people than ever before are left hurting for extra income. The old adage that it takes money to make money is of course true, but when you don’t have money to start with, this becomes increasingly frustrating. One way to be financially secure in this time of hedge inflation is to work with precious metals. Gold and silver traditionally hold strong in value while world currencies plummet, and the easiest way to start earning gold and earning silver returns is through Silver Tornado

Working with pure gold coins is easy, and working with pure silver coins is just as easy when you have the proper starting tools. Silver Tornado takes care of all the rough work for you; you don’t have to create a web site, you don’t have to form a marketing campaign and you don’t have to know every little thing there is to know about the metals market. The only thing you have to do is choose how you wish to invest your money in your future.

It’s been noted that many distributors of gold and silver often have a hard time reaching a wider audience due to people not believing they can afford to invest. This couldn’t be further from the truth; the reality is that many distributors and whole sellers of precious metals are more than willing to work with you at rates you can afford. In fact, due to their massive levels of inventory, many distributors will sell you precious coins at seriously discounted rates!

The way many of these sites work is simple; they need your help to drive their business. You can do this in two ways; either by purchasing your precious coins flat out, or by helping to drive business to the existing sites. Many distributors of gold and silver coins are willing to pay you directly in their product for every customer you direct their way, and they do the hard part in terms of tracking and distributing the wealth; all you need to do is collect what’s yours!

For the first time, some of the most reputable sources for gold and silver coin distribution have been gathered in one place, and that is Silver Tornado. When you sign up for their free service, you are joining a proven, stable system that delivers to its clients. Their distributors work with everything from gold coins to bullion to the increasingly popular Liberty Dollar. No matter what your preference in currency or how you think the market is going, you are sure to find a distributor that works for you, and again, they do all the work; all you need to do in many instances is promote through web links.

With the current economic crunch, there are a lot of get rich quick schemes out there trying to take what little you have left. This isn’t one of them; it’s a proven, time-tested service that prides itself on its longevity and stableness. Check it out and see for yourself. Go to Silver Tornado and start earning the future you know you are worth.

dominof12


Ive been looking online for some company that sells customized charms and trinkets made of precious metals, probably silver. The type of item in mind is moreso a large coin with personalized in-gravings but i cant find anywhere/anyone to do it.

If anyone knows a company that does things like this with precious metals, it would be amazingly awesome for me :)

Monty Guild


Today, Morgan Stanley put out a number of comprehensive analyses discussing the demand for commodities and the outlook for some mining companies. In short, they remain bullish on many, but not all base metals and energy commodities, and the main reason is demand from China.

Those of you who have followed us for the last several years should know that this is an old theme for us, but one which is gaining more and more currency with investors globally. When big firms with a global following are pushing 75 page research reports to their wealthy clients about the demand from China and India for base metals and energy, you know a lot of buying will follow in these areas.

By the way, they raised their price objective for gold and the platinum group metals for 2007 and 2008 as well. We believe a large part of the increased demand for precious metals will come from the increased purchases by Chinese and other Asians [especially Indians] as they grow in wealth.

All of this continues to argue for a long-term increase in the huge quantity of assets, which will be invested in these areas in coming years. By these areas, we mean precious metals, energy and base metals.

Once the freight train of big money gets rolling into an investment theme, it is hard to stop.

For more information on global investment opportunities visit http://www.howtoinvestglobally.com For more information on Guild investment management services visit http://www.guildinvestment.com Guild Investment Management, Inc., is a registered investment advisor. All material presented herein is believed to be reliable. Investment recommendations and opinions expressed in these reports may change without prior notice. You can also read our past periodic market and economic commentary articles by going to the Commentary Archive on our web site www.guildinvestment.com.

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