Financial Russian Roulette
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.
Bob Livingston is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.
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