Gold is and has always been, the best hedge and a safe asset class to move money into during economic downturns. A gold and precious metals IRA is a retirement account that holds physical gold and precious metals for the benefit of the IRA owner.

As traditional 401ks and IRAs hold stocks, mutual funds, and bonds, gold IRAs are a hedge against inflation as they hold physical gold, which is an actual store of value. It functions the same as a retirement account, it just holds gold bullion and bars instead of paper assets.

The process of obtaining a gold IRA is pretty straightforward. You work with a gold IRA company, and they can roll over a portion of your 401k into precious metals.

With rising inflation, a potential Biden White House for 4 more years, the dollar becoming less valuable, and an uncertain future if you're relying 100% on the stock market and index funds, a gold IRA is a good hedge to allocate a portion of your retirement funds into.

If you have questions and are unsure about where to start, visit the Augusta Precious Metals site and you'll get a full Gold IRA Company Integrity Checklist.

Q. How long does it take for your precious metals to be delivered?

A. Precious metals are shipped approximately 7 to 10 business days after the order is confirmed.

Q. What types of gold and silver does Augusta Precious Metals sell?

A. The company offers a variety of gold and silver products, including bullion coins, bars, and premium coins.

Q. Will my gold be safe with Augusta?

A. Yes, your gold is safe with Augusta. They provide insurance during transportation and have special partnerships with custodians to protect your investment. While no one can guarantee against unforeseen events, Augusta has a strong reputation for safety and reliability.

Q. Can I roll my 401k into a Gold IRA?

A. Absolutely. You can roll your 401k into a Gold IRA without incurring penalties. Augusta assists with all the necessary paperwork to make the process smooth.

Q. How much should I invest in precious metals?

A. Investing in precious metals is a good way to diversify your portfolio. However, there's no one-size-fits-all answer for how much to invest. The amount depends on your financial goals, risk tolerance, and budget. Generally, financial experts recommend allocating 5-10% of your overall investment portfolio to precious metals like gold and silver. It's best to consult with a financial advisor to determine the right amount for your situation.

Q. Can I store my precious metals at home?

A. Yes, you can store your precious metals at home, but it’s not recommended due to risks like theft or damage from natural disasters. If you choose to store them at home, use a high-quality safe that is both fireproof and waterproof. Augusta Precious Metals offers secure storage options through partner depositories like Delaware Depository, insured by Lloyd’s of London, which provides added protection for your assets.

Q. How does Augusta Precious Metals compare to the competition?

A. Augusta Precious Metals stands out as a top choice due to its excellent customer reviews, competitive fees, wide selection of metals, secure storage options, and educational resources. While there are many other gold IRA companies like Noble Gold Investments, American Hartford Gold, and Goldco, Augusta’s service and product quality are hard to beat.

Q. Who should consider becoming an Augusta Precious Metals customer?

A. If you're interested in investing in gold and silver, an Augusta Gold and Silver IRA might be a good fit for you. This is especially true if you're exploring different types of IRAs, want to diversify your investment portfolio with precious metals, have at least $50,000 to start, are concerned about inflation affecting your retirement savings, and value a company with excellent reviews and a hands-on approach to customer service.

If these points resonate with you, Augusta Precious Metals might be the right fit for your investment needs.