If you ever feel uneasy about having all your savings tied up in dollar-denominated stocks and bonds that exist only as 1s and 0s in a computer system, you’re not alone.
With increasing concerns about cybersecurity, banking stability, and financial complexity, many people are seeking additional protection for their hard-earned money.
You could consider physical gold, which exists completely outside the banking system. What makes gold stand out?
- It can’t be hacked, erased, or digitally compromised
- No counterparty risk – its value doesn’t depend on any financial institution’s solvency
- Not affected by payment system disruptions or digital infrastructure failures
For IRA and 401(k) holders worried about systemic financial risks, adding some physical gold through a Gold IRA might help provide an additional layer of protection.
To explore all the benefits and considerations of Gold IRAs, check out [Gold IRA Pros and Cons article link].