Tag Archives: gold and silver

Finance

Protect Your Financial Future With Gold IRA

Have you considered investing in gold? Many individuals know why it is a good plan to invest some of their funds in precious metals. Needless to say, precious metals are of high value and are not affected by financial uncertainty, inflation and even the changing currency values. In line with that, most economic experts will recommend to put a share from their client’s assets in precious metals.

A tax-advantaged retirement account is what most of these investors want to do for their money. The ideal solution for that is gold IRA. When you find the gold IRA reviews referenced, it could also indicate an IRA with other forms of precious metals, and this could be gold, silver, platinum, and palladium.

The IRS is quite strict about the form of precious metals contained in the IRA. They have to be coins, bars, rounds, or other gold items that are valued for their precious metal content. On the other hand, unusual coins or those collectable items are simply invaluable.

Take into account that only those coins with precious metal content are recognized in the IRA. For example, a gold twenty-dollar coin from the 1800’s with a very common date and in poor condition might be good for a gold IRA. But if the coin is deemed simply uncommon, it may be of good use in the open market but not as a legal gold IRA.

This is similar to the rule that fine art cannot be included in an IRA. The IRS will not recognize these items for its value are deemed volatile and changing. But with the case of precious metals, its prices are simply constant. Although its prices can still change from time to time according to certain things in the market, but the figure it presents is reasonable for everyone which is available on the internet also.

How To Set Up A Gold IRA

In your retirement account, putting precious metals into it is not possible. These gold items must not be put in your safety box at home or in your bank safety deposit box. As said in the IRS rules, traders are recommended to have a third party get their precious metals. With that, you might be spending money on a charge for the safekeeping of your precious metals, and this charge is also taken into account in the equation.

There are a whole lot of gold brokers you can trust in assisting you out with your gold IRA. They can guide you in filling up your documents and at the same time offer you a gold custodian. In fact, buyers from these brokers may even obtain inexpensive or very free storage incorporated in the deal. Some experienced brokers are presenting the best types of gold products at a savvy price. These brokers can also ensure that you have the correct forms filled out to satisfy the IRS, so they can be beneficial.

If you like to find out more related to converting traditional ira to gold, click on the hyperlink.

Finance

This Is Not Surreal: God Has Cast Judgment On America

When you think about it, there is something surreal in how America has gradually slipped into a state of decline. This is how the citizens of the Roman empire felt when they watched the mightiest nation on earth fall into oblivion or how the Russians felt when the Soviet Union under Mikhail Gorbachev gave up its political philosophy and communistic infrastructure.

But make no mistake: America has slid into inexorable decline, and all that needs to occur are the details. As Jonathan Cahn says in his wise book, The Harbinger, God’s hand of judgment already is on this country. All we can do is wait, watch and see what He does next, and prepare – or leave.

Watching our leaders lie to us, expecting us to believe their fantastic schemes and tales, is a sign that this country’s leadership has lost touch with its people. It’s a formula for disaster when the leaders are not only out of touch with their people but also with reality.

President Obama thinks the United States can “degrade and destroy” ISIS without ground troops; again, even his own generals already have publicly disagreed with Obama on that, an event in itself nearly without precedent in American political and military history.

Let’s face it: God is running the show. He does not favor the elite. He has looked upon those children who have sinned in thoughts, words, and deeds against Him, yet he loved them enough to send Jesus Christ, His only Son, as a sacrifice as a way to restore them to Him.

Right now, the only thing that might help are some earnest, heartfelt prayers. Naturally, a Republican victory in the US Senate races might be nice, but it is too late to get involved in secular politics. God is obviously angry with our country and has cast a judgement on this land.

God needs us to set things right in our hearts and to pray in earnest for His help. Only with it, can we ever hope to get things back in order in our country. Our finances are in dire straits and we must get Him to restore our monetary resources and create harmony in our lives.

It’s time to begin converting your nest egg to God’s Money, gold and silver instruments that have withstood the test of time.

Want to find out more about precious metal investing, then visit Anne Trimble’s site on how to buy gold and silver.

Finance

Bates Victims Continue Even After Receivership

The man and his company have been put into receivership in federal district court in Tennessee because enough customers and potential customers finally caught on to their essential dishonesty. And the resolution of an $80-million class-action suit against Bates and FAMC still hangs over them like the sword of Damocles.

Despite the weight of this legal action, it appears that a lot of individuals are still reeling from the effects of being cheated by Bates before his business ended.

Two of these stories we’ll share here. A dear woman from Kansas contacted Anne Trimble, our principal, recently after her father passed away. She was helping to get her mother’s affairs in order and came across some invoices from FAMC from 2009.

Without telling their children, this couple had been motivated to send Bates’ company a half-million dollars of their hard-earned investment funds, which they had cashed in to purchase precious metals from FAMC. And ” you guessed it ” as of this writing they are still waiting for the metals to fulfill most of their purchase.

These individuals got just a few gold coins as proof of their purchase. Although one could argue that they did ask FAMC to save their metals for them, I find it curious that FAMC simply can’t find a way to produce them now?

Then there is the story of a woman which deals with taking care of a quadriplegic kid, who was provided a significant amount of money as recompense for an accident that affected his life. In 2008, they provided Larry Bates a few hundred thousand dollars as an investment, but they never received any precious metals in return for their money.

Together, in today’s metal’s prices, these two cases of fraud cover about $4 million.

By this point, it is probably becoming abundantly clear to you that the entire business model of FAMC is comparable to the infamous Ponzi scheme pulled off by Bernard Madoff. Although Bates’ clients were scammed in lots of ways, what really upsets me is the front he used as a Christian financial planner and service, a deliberate ploy to appear to be someone of the Christian faith who could be trusted.

Anne continues to be horrified as she hears such devastating stories. Besides the raw sin involved, it reminds her of how she herself was victimized by another businessman who had claimed to be a Christian.” He stole a half-million dollars, and the ministry operated by Anne and her husband, Jay Trimble, more than 20 years ago. She recounts that story in her biography, Faith Through the Flames.

Want to find out more about precious metal investing, then visit Anne Trimble’s site on how to buy gold and silver.