Monetary Gold: Five-Part Informational Series

AlexLMX/iStockphoto Gold ingots and euro coins, 3D rendering isolated on white background

Why Wealthy Americans Choose to Buy Gold Part 1: Economic Turmoil

Joe and Jamie Smith have $100,000 saved for their retirement. They also distrust an economy with the Democratic Party in power.

Under the Biden Administration, the United States faces unprecedented economic turmoil. The national debt hit the historically high ceiling of $31 trillion. The government is taking so-called “extraordinary measures” to pay off its bills; if this last-ditch effort fails, the country will default on its debt for the first time in U.S history.

These “extraordinary measures” feel vague and alarming to fiscally responsible Americans. Joe and Jamie Smith fear the value of their retirement may plummet under Biden’s runaway inflation—or worse: Could it be confiscated completely? They want to protect their money and diversify into physical metals. Why place all of your eggs in one basket? The Smiths won’t let their future hang on a slim reed of chance under Biden’s volatile economy. Instead: Rather than placing all of their retirement in a single financial institution, the Smiths elected to diversify in gold.

Why Wealthy Americans Choose to Buy Gold Part 2: Fedcoin’s Encroachment on Privacy

The government will soon have unchecked power over our finances because of Joe Biden’s push for “electronic money.” Through Fedcoin, the centralized bank will have the ability to spy on our every private transaction, freeze our funds completely, implement monetary expiration dates, and leave our money vulnerable to cyber-theft.

This exercise of government control and power frighteningly resembles the financial authoritarianism of China’s digital yuan. With little faith in Biden’s administration, Americans are electing to take matters into their own hands—and invest their savings in gold.

Joe and Jamie Smith made the smart decision to invest their hard-earned retirement into gold and other precious metals. Gold leaves their money immune to the centralized bank’s predatory spying and hyperinflation caused by Biden’s careless spending. Gold will soon be the only way to conduct anonymous, traceless transactions. As the longest-standing inflation hedge, gold will retain its value despite the imminent “Everything Bubble” crash suspected to soon hit the U.S. economy.

How Wealthy Americans Buy Gold Part 3: Start with Monetary Gold

Joe and Jamie Smith are fed up with Joe Biden’s volatile economy and intrusive spying. Like other conservative Americans, they gave Monetary Gold a call to reclaim power over their retirement.

What now? How does it all work?

Why Monetary Gold?

Monetary Gold has been serving smart retirees since July of 2000. The company is a direct dealer of precious metals—which means buyers skip the high price markups of third-party dealers. Monetary Gold offers a variety of assets including gold, silver, platinum, and palladium—perfect for investors seeking diversity. When you want to sell your precious metals, we offer a free registered and insured pickup service. There are no fees or commissions charged to liquidate. You won’t find this free service with any of our competitors.

How do I contact Monetary Gold?

Call Monetary Gold at 1-888-204-2141, or visit our website at www.MonetaryGold.com.

What is the first step?

Buyers decide whether they want to hold their metals privately or through a qualified, self-directed IRA.

How Wealthy Americans Buy Gold Part 4: Privately Held Metals vs. Self-directed IRA

What precious metals can I purchase?

Monetary Gold offers assets in gold, silver, platinum, and palladium in the form of bars and coins.

How do I know what metals are best for my retirement?

Each client is assigned a metals representative. These experts will discuss the different assets available, and the benefits associated with each metal. Monetary Gold leaves power in the hands of its investors. You get to decide which assets are best for your retirement.

I want to privately hold my metals. Now what?

Monetary Gold will ship the purchased metals directly to you. Buyers seek out their own means of storage—whether at home, a bank safe-deposit box, or a third-party storage facility.

Is privately held gold part of my IRA?

No. The metals must be stored in a depository to contribute to an IRA—meaning distributions and withdrawals are accounted for in taxes.

How do I start my account?

Buyers can fund their account by signing the shipping agreement. This signature verifies your Monetary Gold account information and provides a registration, insurance, and account number. From there, the account functions like a standard investment account and investors can send a check or bank wire. Once the funds are received, account holders will speak with their metals representative about which metals to purchase.

I purchased metals through Monetary Gold. How do I receive them?

Monetary Gold is accommodating to the individual needs of each buyer. Registered and privately insured metals can be sent either directly to the client, or to a privately held depository.

I want to store my metals in a qualified, self-directed IRA. Now what?

Monetary Gold will serve as your account representative and set you up with a self-directed precious metals IRA custodian.

I already have a self-directed IRA that includes metals. Can metals purchased through Monetary Gold transfer into my existing account?

Monetary Gold does not partner with every custodian. If your custodian qualifies, you do not have to open another account.

I learned my current IRA account does not qualify. Now what?

Monetary Gold will reach out to your current IRA custodian and complete the transfer paperwork for you. The funds laterally transfer in 5 to 10 business days to your new self-directed precious metals IRA account.

Are transfers into my new, qualified IRA account taxed?

There are no taxes or penalties for transfers.

Is there a minimum amount of money I have to invest?

The minimum investment for a cash deal is $10,000. The minimum investment for an IRA deal is $25,000.

How Wealthy Americans Buy Gold Part 5: Maintaining Your Gold

How do I track the value of my investments?

At Monetary Gold, we offer daily updates on the value of gold and silver on our website. Every client also receives a quarterly statement on the value of their assets. If you have a self-directed IRA account, your custodian offers 24/7 access to your portfolio’s performance through their secure, easy-to-navigate website.

I want to liquidate my gold. Now what?

Call Monetary Gold and our experts will help you liquidate your assets. We go above and beyond our competitors by offering a registered and insured pickup directly from you. There are no fees or commissions charged to liquidate. After your assets are received by our facility, you will receive your funds through a bank wire.

Am I able to withdraw physical gold from my account?

Yes! Monetary Gold will ship the requested amount worth of gold from your account directly to you free of charge.

What are the tax implications while I possess gold?

There are no tax implications to possess gold. Gold is taxed only after it is sold. Gold sales are not taxed if sold to a private party.

Where is my metal stored?

Metals in a self-directed IRA are stored in a vaulting facility. You can choose to safe keep your metals in any of Monetary Gold’s three vaulting facilities located in Dallas, Texas; Wilmington, Delaware; or Salt Lake City, Utah.

Get started now! Call Monetary Gold at 888-411-GOLD (4653) or visit MonetaryGold.com.

Monetary Gold specializes in helping clients protect their wealth by diversifying their retirement savings or investment portfolio so they are not 100% in paper assets. Since 2000, Monetary Gold has been the #1 Gold IRA Company in America, with over 100+ years of experience.

Monetary Gold has an A+ Better Business Bureau rating with zero complaints, is a top 5 Gold IRA company with Retirement Living and Consumer Affairs and a founding member of the PMA (Precious Metals Association). Qualifications for PMA membership is selective and high in integrity standard requirements.

When opening a qualified account, Monetary Gold pays the annual IRA fees for the life of that account and one of the few precious metals firms in the nation that is a ‘Direct Dealer,’ acquiring gold, silver, platinum and palladium directly from the source without an added markup.

Monetary Gold is dedicated to helping clients protect their savings and investment capital by purchasing precious metals.

Call Monetary Gold at 888-411-GOLD (4653) or visit MonetaryGold.com.

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