Gold IRA investment receives major endorsement
June 15, 2009 by Personal Liberty News Desk
American Bullion, Washington Times radio and The Rescue Task Force veterans charity have teamed up to tout the benefits of U.S. Gold IRA retirement accounts.
Under the terms of the alliance, American Bullion will donate to charities dedicated to severely wounded war veterans on each client’s behalf.
U.S. Gold IRA accounts act to provide asset security by investing in physical gold in the form of gold coins having a purity of 24 karat or 22 karat U.S. Gold Eagles. Many financial experts believe precious metals offer the best asset value protection in these turbulent economic times.
"Gold just seems to make sense, it’s a store of value," said chief executive officer of Northwestern Mutual Life Insurance Edward Zore in an interview with Bloomberg. The company has recently invested $400 million dollars in gold for the first time in its history.
"[T]he price could double or even rise fivefold if the economy continues to weaken," Zore believes.
The self-directed Gold IRA has the added advantage of investing in domestic gold at a time of economic crisis.