Last month I taught a webinar about using Self-Directed IRAs, and I did a Q&A session at the end.
Guess what the #1 question was?
Can I put Real Physical Gold in my IRA, and if so how do I do it?
And I think those investors are on the right track. Real Physical Gold is a major part of my portfolio, and for 3 reasons:
- Wealth Preservation
- Ongoing Wealth Growth
- “Collapse Insurance” Windfall Profits
Most people know about #1. Gold has been storing value successfully for over 3000 years.
On the other hand the dollar is a type of currency known as a “fiat currency” and these have a 100% failure rate. Historically, they’ve always gone to zero.
That usually happens with fiat currencies after about 30 or 40 years, and the dollar became a fiat currency in 1971. (Thanks, Nixon)
That means there’s a really big chance that the dollar could collapse to hyperinflation like all the other fiat currencies have.
Which brings us to #3…
“Collapse Insurance” Windfall Profits
Heck, I just made a training video for everyone who has registered for the webinar, so I’ll just post it here for you. It talks about how “you’re already registered” but if you aren’t then just use the link below the video to register.
It’s 100% free, but spots are limited, so after you watch this video, click the link below it to reserve your seat: