Saturday, 28 January 2012

Precious Metals IRA Accounts Have Become The Choice For Security And Growth

(PRWEB) November 07, 2011

The investor who relied on the stock market for growth and security within their retirement accounts have not been happy since 2008. Many consider themselves lucky to have their account values right back where they started 3 years ago. On the contrary, those who included tangible precious metals such as gold, silver, platinum, and palladium within their 401K and IRA Plans enjoyed record growth.


According to Beverly Hills-based Precious Metals Brokerage Group (PMBG), the growth of Silver IRA, Gold IRA, and Precious Metals IRA plans are derived from a combination of inflationary domestic economic policies, increasing sovereign debt, failing confidence in fiat currencies, surging demand for precious metals in emerging BRIC nations, and scarcity in supply. Traditional securities like stocks, bonds, mutual funds, insurance products, and reits, have vastly underperformed commodity based asset classes like precious metals over the past 10 years. A PMBG executive explained, " In the emerging global economy, buy and hold investing is like gambling. There are too many macro-economic forces at work creating massive volatility. The average retail investor has become a hostage of domestic and world events we see each day on the news. Additionally, US businesses have been inundated with regulations and restrictions that affect their bottom line. This is why precious metals are so essential to one's portfolio, as they are immune to any/all of these negative and contractionary market forces. Gold, silver and platinum will always have a denominated physical value on the global market as they are universally accepted as forms of currency in all languages, cultures, countries. There is no abstract paper value regarding tangiable assets...and this feature makes them exceedingly attractive in the market today."


Precious Metals Brokerage Group has become a leader the in the arena of precious metals IRA set-up, having served an array of clients on both retail and instutional sides of the market. A growing number of new investors seeking steady growth and protection from market volatility are taking advantage of the investment freedom a self-directed gold IRA, gold 401k, silver IRA, silver 401k, and precious metals IRA plans offer.


These plans allow for traditional stocks, bonds, mutual funds, real estate, and many other alternative investment products to be included within an IRA. Since a precious metal IRA plan is self-directed, it provides a maximum amount of flexibility, and give the consumer total control over their choice in retirement assets. The self directed precious metal IRA and 401K plans, also be an investment option which employers can offer to their workforce.


Contact Precious Metals Brokerage Group today at 1-888-381-2679 or visit their website http://www.pmbg.net/precious-metals-ira.php to open your Precious Metal IRA Plan.


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