Learn about precious metals

Gold IRA Basics: Your Essential Guide to Diversifying with Confidence

With high national debt and inflation in America and growing geopolitical conflict sweeping the world today, you may wonder if your traditional 401(k) or IRA retirement accounts backed by dollar denominated assets are a safe place for your hard-earned money.

That’s why so many Americans who know gold has historically risen during times of economic uncertainty and who share your concerns are turning to Gold IRAs to protect their life’s work.

We also share your concerns and your conservative values. And our experts can help you establish your Gold IRA and choose the right mix of precious metals for your goals so you can feel more confident about your financial future.

To learn more about how a Gold IRA may benefit you, call (800) 465-6009 to schedule a free consultation.

What is a Gold IRA?

Thanks to the Taxpayer Relief Act of 1997, US citizens can now enjoy the advantages of owning tangible precious metals within a self-directed IRA by moving funds from their existing qualified accounts without incurring taxes or penalties on the transfer. This new self-directed IRA account is called a Precious Metals IRA or a “Gold IRA”.

By establishing a Gold IRA with Colonial Metals Group, you can help preserve the purchasing power of your hard-earned retirement funds with physical gold and silver bars and coins.

What are the main benefits of opening a Gold IRA?

Defend against long-term losses

Maintaining a stable portfolio to help defend against long-term losses is crucial when saving for retirement within an IRA or 401(k).

By diversifying your portfolio with assets that tend to rise when traditional assets fall, like gold and silver, you can create a balancing effect and help defend your savings against economic downturns.

Preserve purchasing power

When the Fed prints vast sums of money, the money supply expands, and the dollar loses purchasing power due to simple dilution. However, the Fed cannot print gold. Since most of what the Fed has been doing since the year 2000 is inflating the money supply, gold has been the top-performing asset during all seven inflationary periods over the past two decades. This means owning precious metals may help protect your purchasing power against inflation.

Hedge against economic downturns

During economic downturns, when conventional paper and digital assets have historically declined, physical gold and silver have risen in price, stabilized savings and even helped some investors grow richer.

Own tangible assets

In our digital age, banks and financial institutions may be more vulnerable than in the non-digital past, putting your mainstream assets like bank savings, investment portfolios, and digital assets at increased risk of being compromised or hacked.

To help defend against these potential vulnerabilities, it makes perfect sense to consider allocating a portion of your portfolio to physical gold and silver held outside the banking system, away from hackers or potential bank failures.

Avoid counterparty risk

Many investors consider gold the ultimate hedge against inflation, financial crises, and economic uncertainty because gold cannot be devalued or destroyed by the actions or defaults of a third party.

Unlike traditional paper assets, gold’s performance does not depend on a board of directors, nobody can embezzle it away from you, and it can never go bankrupt or fall to zero. Additionally, gold is highly liquid and can be converted back to cash quickly at any time.

Your 401(k), IRA or dollar-denominated portfolio might appreciate in a thriving economy, and with proper measures your assets may remain secure online. But when those fail, gold and silver may offer you defense against possible losses.

Opening a Precious Metals IRA with Colonial Metals Group is straightforward:

Our experts will help you complete your paperwork and establish your account.
We’ll then help you transfer funds from your existing IRA, 401(k), or another eligible retirement plan to your new Gold IRA.
After your account is funded, we’ll help you purchase the right mix of physical gold and silver for your needs and goals

If you need assistance at any time, our dedicated team members are always just a phone call, email, or text away to ensure a stress-free process.

How a specialized custodian administers your Gold IRA

By law, a custodian must administer your IRA. We partner exclusively with IRA custodians who specialize in self-directed IRAs. To ensure the highest level of security and the best possible experience for our clients, we have carefully selected The Entrust Group, Equity Trust, and Goldstar Trust as our recommended custodians.

Working with any of these reputable custodians means you can feel confident knowing your IRA is being administered in full compliance with all applicable laws and regulations.

The Entrust Group

The Entrust Group has provided account administration services for self-directed retirement and tax-advantaged plans for over 40 years. They administer over $5 billion in assets and have more than 22,000 clients. Read more at www.theentrustgroup.com.

Equity Trust

Equity Trust, established in 1974, is the nation’s top provider of self-directed IRAs. With over $25 billion in assets under management, they have a strong presence in all 50 states. Their long history and significant asset base demonstrate their expertise. Read more at www.trustetc.com.

Goldstar Trust

Goldstar Trust, part of Happy State Bank founded in 1908, brings extensive experience to the self-directed IRA space. As the custodian of more than 37,500 accounts, they have earned an A+ BBB rating. Goldstar Trust leverages the backing of a well-established financial institution. Learn more at www.goldstartrust.com.

Where will your Gold IRA metals be stored?

Precious metals held in a Gold IRA will be shipped to a fully insured, IRS-approved, non-government, fully insured and heavily guarded depository — they are under your name but away from creditors and distanced from major political and financial centers.

The best depository for your Gold IRA

For storing precious metals in your Gold IRA, our top choice is the Delaware Depository. This facility has insurance coverage through London Underwriters, an established insurance company. It is also an IRS-approved depository that meets the requirements under IRC Section 408n for holding IRA assets.

At the Delaware Depository, your physical gold and silver is fully allocated to you and kept off the depository’s balance sheet. The company carries no debt and does not lend, pledge, or encumber any of the bullion, ensuring your metals are protected from creditors.

The state-of-the-art security systems, Class 3 vaults, and access controls safeguard metals held in the 72,000 square-foot, fortified facilities. Delaware Depository maintains detailed inventory controls and provides comprehensive reporting.

Importantly, the depository is away from major political and financial hubs, adding geographic diversification. You and your IRA custodian can communicate directly with the depository staff, without any intermediaries. Delaware Depository even allows you to personally visit and view your metals.