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Increasing numbers of investors are worrying about the future of the economy and their investments. As a result investing in physical gold bullion has become more popular than ever. Putting a portion of savings into gold or silver can help protect against losses should Wall st or the banking sectors collapse again.
Gold performs well in periods of uncertainty or when the stock market is suffering as institutional investors and investment funds head for the safe haven of gold.
The good news for personal investors is that the IRS ruled in 2007 that individual retirement accounts can purchase gold bullion without any tax problems. Even moving funds from a traditional 401k is legally allowed.
Using a Gold IRA Rollover is therefore especially straightforward. A number of options exist for those that want to protect their investments during a period when the stock market looks more and more difficult to predict.
The buying of gold or silver bars and coins is becoming increasingly popular as concern grows about traditional investment security. If you are interested in learning how to move your 401k into a Gold IRA, or how to buy physical gold and silver, then click this link.