Can anyone explain the process for investing in gold?

I tried to have my 401k rolled over to investing only in gold. They said that it could not be done since gold/silver is a commodity. Can anyone tell me the best way to get OUT of the market and get INTO gold? I am convinced our dollar will collapse catastrophically and only those with gold stand a chance at even surviving without being a ward of the state and enslaved. Your help is appreciated.

1 thought on “Can anyone explain the process for investing in gold?”

  1. You want a gold backed IRA. There are a few out there, most of them in Texas.

    Be careful though. If you are going to have gold held for you. I would recommend you work with a broker that allows you to store the gold with a 3rd party.

    Some will try to sell you a plan and store your gold but I would stay away from them. It becomes too easy for them to get reckless with your assets. Stick to a 3rd party.

    Lastly, stay away from Exchange Traded Funds (ETFs) or any other paper note that only claims you own gold. If you don't have possession of it, you don't own it. It can all disappear in a flurry of paperwork.

    I am currently picking gold and silver stocks. If there is a large and continued increase in the demand, the value of the stock should rise proportionately.

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