Gold Coin Market News Posted by James Randolph on August 30, 2010
August 25, 2010 – Risk-fleeing American investors have engaged in certified gold exchange in increasing amounts every consecutive year since 2001, although the average 12 percent gain in the metal each year shows that more investors are investing rather than liquidating. In just over a year and a half, the current US administration has approved over $7 trillion in domestic and overseas spending, which is a number so astronomical that it eclipses the entire amount of spending done by our previous two-term president, George W. Bush. From California to Florida and everywhere in between, conservative investors, baby-boomers, and retirees are frantically seeking the safety of tangible assets like gold.
Certified gold exchange is accomplished rather simply, and the costs involved with rolling over IRA assets or assets in cash accounts could be as low as 2% depending on the dealer you choose and the volume of items you purchase. For an IRA transfer, the two government-approved custodians (www.EquityInstitutional.com and www.GoldStarTrust.com) charge $200 per year for storage and account fees, which includes storage for up to $250,000 in precious metals.
For a physical delivery gold transaction, you may prefer to find a local, trustworthy dealer. Each individual gold dealer sets their own markups based on the Certified Gold Exchange discount price list. Once your funds are received at our Charles Schwab bank account on Wall Street, you will receive email and verbal confirmations every step of the way until your package arrives insured and confidentially at your door by special USPS courier.
For the best certified gold exchange advice for your specific situation, request some of our award-winning brochures below or just call one of our friendly certified gold specialists toll-free to have all your questions answered and to get some gold in your hands before it’s too late.
Senior Staff Writer – Certified Gold Exchange