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<p>[QUOTE=&quot;medoraman, post: 8080649, member: 26302&quot;]I guess some hucksters used to promote that you can buy gold and silver with IRA funds and keep them at home. Just read a tax court had specifically listed this as disallowed, and it blew up the IRA and caused all of the taxes to be due. Between the taxes and now 5 years later penalties and interest the owners of the IRA owe over $500k on $750k worth of IRA assets. </p><p><br /></p><p>Please use proper legal advice if you entertain the idea of doing something untraditional with your IRA. If you were someone who also did this, PLEASE contact an attorney who specializes in IRAs and see what you can do at this point to extricate yourself from the same fate. </p><p><br /></p><p>I am not a PM hater, having some in SDB and safes, but none of it is IRA money.[/QUOTE]</p><p><br /></p>

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