ADD GOLD & SILVER TO YOUR IRA
Buying Gold
Did you know certain proof and bullion coins like gold and silver proof American Eagles can be held in your Individual Retirement Account (IRA)? One way to diversify a financial portfolio is with a physical asset like gold and silver coins. You can read more about how to add gold and silver to a new or existing IRA below.
DOWNLOAD PRECIOUS METALS IRA FORMS
Download Goldstar Trust Company's IRA forms here. You can obtain forms for other IRA custodians directly from the custodian.
HOW TO ADD GOLD OR SILVER TO YOUR IRA
Many Goldline clients choose to include precious metals like gold and silver as part of their retirement planning.* If you wish to include gold within your Individual Retirement Account (IRA), Goldline can assist you.
Once you have made the decision to include precious metals in your IRA, you will choose an appropriate IRA custodian. Goldline can suggest a third-party custodian if you desire. (You'll find a link to a brochure from one such independent custodian at the bottom of this page.) After the IRA custodian receives the proper paperwork and funds, you decide which precious metals to include in your IRA. Our Account Executives are available to help you throughout the process.
When you are ready to take distributions from your IRA, Goldline can assist you in converting your precious gold and silver metals to cash or arranging for delivery of your gold coins.
COINS THAT CAN BE HELD IN AN IRA
The United States government currently allows certain bullion and proof coins such as gold and silver American Eagles to be held in IRAs.* Gold proof coins are special collector versions of the mass-produced bullion coins.
Proof coins undergo a specialized minting process that uses select dies. Lustrous coin blanks are fed manually into the presses where they are struck multiple times to ensure softly frosted, detailed coin images raised above a mirror-like background. Mint inspectors review each proof coin before deeming it a proof and place it in a protective plastic case. Proof American Eagles come in satin-lined velvet presentation cases with official U.S. Mint Certificates of Authenticity.
Proof coins typically have a limited mintage and their prices are determined by multiple factors including: mintage, rarity, condition, age, the price of the particular metal and demand for gold and other precious metals. The United States government issues a limited number of gold and precious metal proof coins each year and certain years have been known to sell out quickly. Due to their numismatic significance, proof coins typically carry a premium over their metal content - be it gold, silver or any other precious metal, or bullion value.
Bullion coins can be thought of as common coins. Their values are dependent upon and tied closely to the spot price of gold, silver, or platinum.
If you are considering buying and including gold and silver in your IRA or would like to request a physical copy of the Goldstar Trust IRA brochure, call Goldline today at 1-877-376-2646. Our Account Executives are available throughout the business day to assist you with buying gold.
*Federal IRA tax laws are complex and may change from year to year. As with any investment, you should consult your tax advisor before making a decision regarding gold IRA investments.
Read Goldline's Account Agreement and Risk Disclosure Booklet for important information about investing in gold and other precious metals and rare gold coins.
- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."
