The Royal Bank of Scotland has given a warning they expect the U.S. stock market to take a dive in the next 3 months. What are they doing to prepare?
An article called published 6/25/08, by Peter Cooper said, "The Royal Bank of Scotland has given gold a 25 per cent weighting in its latest Autopilot capital guaranteed deposit account targeted at expatriate customers. Performance is weighted equally across four sectors: emerging equities, developed equities, property and gold." If you want to be successful as an investor, it might not be a bad idea to follow in the footsteps of the second largest bank in the UK. To see the whole article:
RBS chooses gold to beat inflation in new expatriate fund
You are now allowed to put gold and silver coins in your IRA/SEP. You may roll over an existing account or you may start a new one by writing a check. Putting actual gold and silver coins in your IRA cuts out your financial planner and all the fees they charge you ANNUALLY. The fees for a precious metals IRA is considerably lower than an IRAs invested in the stock market, especially if you are going to buy and hold for several years.
Gold doesn't EVER file for bankruptcy and in the last 5,000 years its value has NEVER been ZERO. Put you money in the "Safe Haven Asset," GOLD. Gold has gone up about 40% in the last 52 weeks while all the major mutual funds are posting losses. Trade your losers for a winner!
If you are interested in learning about diversifying your portfolio with precious metals call Tamara 303-771-5825 at Golden IRA's & Investments, Inc. I love to educate others about protecting their accumulated wealth. You may also visit
www.goldeniras.com to learn more.