Gold’s historic performance suggests that it’s a powerful portfolio diversifier, particularly amid economic uncertainty and stock volatility. At Eagles Capital, our research team monitors economic events — from monetary policy and sovereign debt to corporate profits and housing data. We look for “triggers” that may signal trouble ahead because we believe the key to wealth preservation is having a full grasp of the latest economic data and market trends.
401(k) style retirement accounts are employer sponsored programs which can have limited investment options while traditional IRAs are often brokered plans specifically tied to stocks, bonds, and mutual funds. This gives savers fewer choices in terms of their asset mix or the ability to protect their money from a sudden economic downturn or stock correction. According to most estimates, 401(k)’s and IRAs lost more than 25% of their value during The Great Recession years — while the price of gold increased dramatically.
The biggest advantage of opening an Eagles Capital Gold IRA is to allow investors to tap into the safe haven attributes of precious metals, particularly gold and its ability to maintain its value in the event of an economic contraction, fiscal crisis, or full-blown recession when equities have historically plummeted.
Gold is a rare metal that dates back to ancient times and has been mined for thousands of years. It’s a beautiful and lustrous metal that absorbs light and is known for its distinctive shine and polish. It has been used to make coins, jewelry, and objects of arts. It is also a key component of modern electronics, medicine, and dentistry.
The gold standard where the value of world currencies was linked to a fixed amount gold, lasted for more than 50 years. And even though paper currency is no longer backed by gold, the precious metal continues to play a critical role in the international monetary system and to be a vital pillar of monetary stability. Central banks around the world hold some 36,000 metric tonnes of gold to diversify their reserves. So, for many investors, it makes sense to diversify their own portfolios with gold as well. It is a proven store of value that has stood the test of time and never been worth zero.
Many investors opt to hold silver in a self-directed IRA account. IRA like gold, silver has a long and storied history as ancient civilizations used it to craft storage vessels, utensils, and jewelry. Early cultures understood silver’s unique anti-microbial properties and its ability to prevent food spoilage. Silver ingots were used in early trade and some of the world’s first coins were minted in silver as far back as 600 B.C. Much like gold, silver served as a monetary standard shortly after the American Revolutionary War, as currencies were defined relative to silver. In modern times, it is both an investment and an industrial metal. Since silver is highly reflective and conductive, it’s heavily used in manufacturing, electronic components, and renewable energy.
Long considered “poor man’s gold,” silver is affordable and generally considered to be a viable safe haven asset and one that could greatly benefit from the global clean energy movement.
In an era of fiat currency, digital assets, and crypto exchanges — real money matters more than ever. Gold and silver functioned as money for thousands of years. They are tangible assets that have held their value despite the abuses of government — from reckless monetary policy and sovereign debt to fiscal cliffs and soaring deficits. When it comes to currency fluctuation, economic instability, and cyber risk — precious metals are a sound investment in increasingly uncertain times.
There’s a reason that central banks have been acquiring gold at the fastest rate in history. They know that gold helps to protect their reserves, boost trust and confidence in government, and provide safety, liquidity, and financial stability. A precious metals IRA offers everyday savers and investors the same critical benefits.
While no investment is entirely risk-free, precious metals have a time-tested history of serving as a safe haven and a store of value for those looking to diversify their retirement and savings accounts. Gold, in particular, is insulated from government influence, and its ability to hold its value in times of political and economic turbulence makes it an attractive, long-term investment.
However, it’s crucial to recognize that there are inherent risks associated with any investment and precious metal are no exception. Its important to stay educated about the impact of dollar price fluctuations, monetary policy, geopolitical events, consumer sentiment, GDP data, and supply and demand dynamics on the price of precious metals.
Lion Cubs LLC (www.eaglescapital.com) was registered with the California Secretary of State's Office on 07/10/2023, entity file number 202358112797—address: 9777 Wilshire Blvd Beverly Hills 90212, unit 718.