Increasing numbers of retirees are concerned about the world economy and their savings. Due to this buying real gold bars and coins has become more popular than ever. Diverting a portion of savings into silver or gold can help protect against losses should stock market or the major banks collapse again.Precious metals performs well in times of uncertainty or when the traditional markets are suffering as large investors and investment funds move to the safe haven of precious metals. The good news for private investors is that the Inland Revenue Service ruled in 2007 that individual retirement accounts can invest in gold bullion without any tax problems.
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