Prior to 1997 the government restricted retirement accounts to stock, bonds, mutual funds, and money market accounts mostly. The Taxpayer Relief Act of 1997 made it possible to hold physical precious metals in an IRA. This allows you to fully access all the benefits of owning physical precious metals. Retirement accounts that are qualified to transfer or rollover to a Self-Directed IRA for the purchase of physical metals are the following:

Traditional IRA
Roth IRA
401k
403b
TSP
Inherited or Beneficiary IRA

With the national debt and the challenges to the U.S. Dollar, at Landmark Capital we believe that investing in stocks and bonds could be among the riskiest investments currently with our debt and dollar challenges. With inflation just around the corner, stocks historically have proven to be a poor investment during times of rising interest rates. In the last decade and a half, retirement accounts that had precious metals in them had less volatility and outperformed the Dow Jones and the S &P 500 index. From 1997 until today, a portfolio that invested 50% in the Dow Jones Index and 50% in the S &P 500 Index, would be up approximately 155%. Compared this to the portfolio that consisted of 50% Gold and 50% Silver, would be up approximately 249%.

Former Federal Reserve Chairman of 18 years Alan Greenspan recently wrote that to contain inflation, interest rates would need to be raised to double digits in the next couple of years. In a recent speech at an investment conference he spoke openly about inflation, interest rates, and gold. Greenspan, also recently said “The Fed’s balance sheet is a pile of tinder, but it hasn’t been lit…inflation will eventually have to rise.” According to Wall Street Journal reporter Michael S. Derby, “Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments. Greenspan was directly asked if he thought gold would go up and how much his answer was “Measurably”.

The Benefits of owning precious metals in an IRA

Historically offers a hedge against stock market volatility
Protects against the devaluation of the dollar
Significant performance in an inflationary environment
Protects against possible government retirement account Bail In

Many of our clients have already taken steps to protect their hard earned retirement dollars by owning physical precious metals in their IRA through Landmark Capital. With Quantitative Easing coming to an end and the Federal Reserve announcing the intent to raise interest rates to control inflation, now is the time to get started securing your financial future. Most individuals currently saving for retirement may qualify for a Precious Metals IRA.