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A gold IRA is the perfect way to combine the investment value of gold and silver with the tax efficiencies and benefits of a traditional IRA.

February 15, 2012 – Many Americans planning for their retirement are looking at the current fiscal situation and clearly seeing the importance of investing in gold and silver. A gold IRA is the perfect way to combine the investment value of gold and silver with the tax efficiencies and benefits of a traditional IRA.

The current administration in the US government just got approval for a further rise in the debt ceiling after a standoff last summer. The administration before this one racked up more debt than all previous administrations in the history of the country. The fiscal insanity currently being perpetrated in Washington will hit our retiring generations hard in the coming decade, but there is a solution.

Every retiree will tell you about inflation. Indeed, if you’ve been awake and conscious at all in the past years you understand that a dollar doesn’t buy what it used to buy. A brief look at a calendar of inflation or simple recollection of how much a gallon of milk used to cost will tell you how much our money has changed.

Gold does not change. There is only so much gold available above ground, less than that available on the open market, and only so much gold comes to market each day from producing mines. The value of gold is extraordinarily consistent in the day and age of currency debasement and this makes it the proper monetary method of storing value.

There have been two official rounds of Quantitative Easing undertaken by the central bank, the Federal Reserve, in the United States. What Quantitative Easing essentially does is increase the money supply by increasing the amount of dollars in circulation. This is also known as inflation. While it may provide a boost to economies in the short-term, it also dilutes the value of the currency over a period of months and years. This watered- down dollar is the bane of our retiring generations.

The monetary stability offered by gold is the perfect way to combat this continuing inflationary policy by the Federal Reserve. A gold IRA allows you to choose how you want your investments allocated and even provides the option of competing actively in the market by buying and selling. When you are ready to retire, you can rest easier and more comfortably knowing that investing in gold and silver has provided you with a method for enjoying your golden years comfortably.

Shannon King

Senior Staff Writer – GoldSilver.org

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