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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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<p>[QUOTE="Juan Blanco, post: 1583218, member: 41665"]In 2008, ten years after it became possible and 6-years into the Gold Bull Market, ~62,000 individuals held one of those bullion-backed IRAs. Why so few (0.1345%), fees? </p><p><a href="http://online.wsj.com/article/SB122765002692057681.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://online.wsj.com/article/SB122765002692057681.html" rel="nofollow">http://online.wsj.com/article/SB122765002692057681.html</a></p><p><br /></p><p>In 2012, 46.1 mln Americans have an IRA - so how many <i>more </i>availed themeselves of a PM-backed IRA in 2012? </p><p><br /></p><p>In 2008, according to the WSJ, the largest companies that offered self-directed IRAs and metal-investing services included Sterling Trust Co., GoldStar Trust Co. and The Entrust Group.</p><p><br /></p><p>Sterling reported ~ 6,200 IRAs w/ PMs and ~ $ 400 mln in PMs with an average account PM balance of $64,500. </p><p>>>> In 2012, </p><p><br /></p><p>Goldstar Trust reported ~ 7,200 IRAs w/ PMs and ~ $ 400 mln in PMs with an average account PM balance of $55,500. </p><p>>>> In 2012, 5,918 IRAs w/ PMs and ~ $ 650.5 mln in PMs w/ avg acct $110,000 </p><p><br /></p><p>Entrust reported ~ 50,00 IRAs w/ PMs and ~ $ 11 mln in PMs with an average account PM balance of $23,000. </p><p>>>> In 2012, </p><p><br /></p><p>If someone can find/update the data, great. Just the facts.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1583218, member: 41665"]In 2008, ten years after it became possible and 6-years into the Gold Bull Market, ~62,000 individuals held one of those bullion-backed IRAs. Why so few (0.1345%), fees? [URL]http://online.wsj.com/article/SB122765002692057681.html[/URL] In 2012, 46.1 mln Americans have an IRA - so how many [I]more [/I]availed themeselves of a PM-backed IRA in 2012? In 2008, according to the WSJ, the largest companies that offered self-directed IRAs and metal-investing services included Sterling Trust Co., GoldStar Trust Co. and The Entrust Group. Sterling reported ~ 6,200 IRAs w/ PMs and ~ $ 400 mln in PMs with an average account PM balance of $64,500. >>> In 2012, Goldstar Trust reported ~ 7,200 IRAs w/ PMs and ~ $ 400 mln in PMs with an average account PM balance of $55,500. >>> In 2012, 5,918 IRAs w/ PMs and ~ $ 650.5 mln in PMs w/ avg acct $110,000 Entrust reported ~ 50,00 IRAs w/ PMs and ~ $ 11 mln in PMs with an average account PM balance of $23,000. >>> In 2012, If someone can find/update the data, great. Just the facts.[/QUOTE]
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