Investing, and investing in gold in particular, requires timing and strategy. The strategy generally stays the same, but times they are a changin’. Strategy wise a gold IRA does two things very well: gold insulates your portfolio from inflation, and a gold backed IRA does not need CEO somewhere running a company in profits to generate returns. A gold backed IRA does not generate money, it is money. Timing wise, however, now is truly a golden opportunity for at least three reasons.

Gold Is At A Technical Bottom

If the term “technical bottom” is foreign to you, then perhaps the last thing you need to be investing in are mutual funds inside of a 401k. Most investments are much more complicated than owning gold coins inside of a gold IRA, and 401k’s require constant supervision. Right now gold is in a trading range in between $1200 and $1300 an ounce. Gold has declined from a high of over $1900 an ounce. Gold has found technical support right around $1200. As soon as gold drops below $1200 an ounce, buyers rush into the market and push the price upwards. Gold also has one advantage over most stocks, bonds, and funds; it is real. A stock or bond is a representation of the ownership of a small sliver of a company. You cannot however, physically posses that small sliver of a company, and that company will eventually go out of business, taking your investment with it. The truth of the matter is all companies eventually fail, but gold has been true wealth for thousands of years around the globe, and that won’t change anytime soon.

Gold Cannot Go Bankrupt

Unlike even the most revered companies (Think: Bear-Stearns, Lehman Brothers, AIG, Chevrolet) gold cannot go bankrupt simply because it is an investment in time, labor, and funds. Going into a gold mine to produce an ounce of gold is not cheap. Gold mining requires specialized labor, fuel, machinery, time, and of course a gold mine. None of these things are free, in fact, all of these things are going up in cost! Think of it this way – the price of gold cannot fall below the cost of producing the gold that ends up in coin or bar form inside of your gold IRA investment. In fact, when gold does drop close to the price of production, gold mines buy back their contracts for delivery because they know that they will be able to sell the gold at a higher price in the future.

Gold Has To Go Back To $1900 An Ounce.

Gold is different than stocks and bonds in the fact that it cannot become worthless. This truth effects the technicalities of charting the value of the metal. A stock will have a beginning price, an all time high price, and then it’s final price – zero – when the company eventually fails. Gold always climbs in value as the currency it is being priced in declines in worth. The Dollar is declining in worth and has been for over 100 years. Being that gold inside of a gold IRA is valued in U.S. Dollars, it will increase Dollar wise over time, eventually surpassing the $1900 mark. With gold poised to increase in value over 40% relative to the Dollar, don’t you think having a gold IRA is worth a call? ITM Trading will be happy to assist you in taking advantage of this perfect time to open a gold backed IRA.