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<p>[QUOTE=&quot;mystery45, post: 691047, member: 19591&quot;]I looked into this myself as i had an IRA account from a previous job.&nbsp; it wasn&#039;t paying much of anything and i have a current IRA with my new job.</p><p>&nbsp;</p><p>I wanted to diversy a little bit and given the shape of things in the economy gold/silver is never a bad investment.</p><p>&nbsp;</p><p>I got in contact with the superior gold group (this is not an advertisement for them at all).&nbsp; i talked with a broker about maybe doing an Gold/silver IRA as i didn&#039;t want to pay any penalties on the transfer. </p><p>&nbsp;</p><p>for a PM IRA the minimum investment is 5000 dollars.&nbsp; You get a certificate of what you have but that is about it.&nbsp; they hold the metals for you.&nbsp; Also it works the same as a regular IRA.&nbsp; You cannot sell it or touch it till you retire or you pay a penalty.</p><p>&nbsp;</p><p>which to me is not very good if you need money or want to capitalize on your investment.&nbsp; plus you don&#039;t actually own the coins or anything just a piece of paper that says you do.</p><p>&nbsp;</p><p>The other thing at least from almost all resources that i have check is that if needed the federal government can seize any and all bullion to stem for inflation and or to back up their currency.</p><p>&nbsp;</p><p>the house measure was passed and approved that they cannot seize collectable coins which is &lt;=1933.</p><p>&nbsp;</p><p>if you are wanting to invest i would recommend investing in neusmatic coins.&nbsp; That is what i did and have some nice coins for the money.</p><p>&nbsp;</p><p>i have a MS 61 1910 Indian</p><p>a MS 62 1907 Liberty</p><p>and about 8 American Silver eagles all in my posession.</p><p>&nbsp;</p><p>i have check the prices and they have currently jumped in value.[/QUOTE]</p><p><br /></p>

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