Gold IRA Rollover Guide

Water has flowed under the bridge since 2008: the dollar has continued to lose value. The ounce of gold was $ 1,000 in March 2016 and now $ 1243.40. Gold has done more than keeping up, it has continued to perform. When gold was disconnected from the dollar in the early 1970s, its detractors predicted that it would not be worth more than other precious metals, and clearly less than $ 35 an ounce. And yet the opposite effect has happened since. GOLD PERFORMED AT DOLLAR Compared to the dollar, which has largely lost its value in thirty years, an ounce of gold at more than $ 1,000 in March 2016 is still only a third or at least half its potential for the medium and long term. GOLD GETS ON OTHER METALS If we make a comparison with other precious metals, here too we see something that confirms that gold is not a precious commodity like any other. Thus, for millennia, it took between 9 and 19 units of silver for a unit of gold. Value certainly just if one refers to ...

Well known in the form of jewelry, one would almost forget that gold has always played a very important role in our monetary system. Gold has circulated as currency in many countries and has contributed to the prosperity of many civilizations. Since August 17, 1971, and the announcement of the end of the Bretton Woods agreements (1946-1971) by the American President Richard Nixon, the international reserve currency is no longer convertible into gold. In 2008, when the bubble in the US mortgage sector (Subprimes) exploded, a number of bets placed on the derivatives market threaten to collapse the entire global banking system. You know the rest, to save the system; central banks have created money (cash drawer) in very large quantities to bailout the banks, trillions of the dollars just by The US Federal Reserve between 2008 and 2014. But this only temporarily postponed the problem, and especially aggravated it. For the simple reason, we do not solve a debt problem with ...