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BestIRAInvestments

April 3, 2009 – Gold and silver are both seeing small losses in value today, yet their overall profit and preservation potential is making them ideal assets to own as the best IRA investments. The overall physical possession demand for these metals has increased significantly in the last few years along with their spot prices that have increased more than 300% since 2001. If we compare this to stocks that have lost more than 50% since then, it’s clear to see what could be the best IRA investments to own during the worst financial crisis since the Great Depression. Things are only proving to be getting worse with the United States economy, and unemployment has officially risen to 8.5% nationwide while the prices of goods imported into the US has risen nearly 1%. Fortunately, it’s not too late to begin the best IRA investments in gold and silver especially since the market is arguably undervalued at the moment when compared to inflation that has affected most other financial markets.

Precious metals spot prices are taking some small declines today, yet they are not as significant as expected. Gold is currently trading at $895.60 per ounce, down $8.40 for the day and also down $10.30 for the month while silver is currently trading at $12.75 per ounce, down $.16 for the day. Next week could be an interesting week for both metals since many market analysts are expecting a rebound based on increasing safe haven demand for an asset that is adverse to a devaluing currency. Invest well and don’t forget to diversify while you still can.

Shannon King

Senior Staff Writer – GoldSilver.org

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