Should I be taking my gold out of my retirement account? You mentioned confiscation of IRAs and 401K accounts which traditionally hold fiat currency, but I still have an IRA with some of my gold in Sterling Trust.
I’m getting a little nervous about it being there but I have not taken it because of the taxes I would incur. I have also wanted to wait until the price of gold dropped a little more. Sometimes it feels as though I’m playing financial Russian roulette. I’d appreciate some input.
I cannot provide you with specific investment advice. However, I have taken the penalty and removed my money from all retirement accounts. I believe it’s a small price to pay. If I were you, that’s what I’d do. I believe all money that can be should be removed from retirement accounts.