Investors Shun Market Volatility as Fear and Uncertainty Reign, Opting Instead For Precious Metals IRAs as Gold Nears All Time Highs

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A growing number of investors and institutions are opting for the original currency of kings, using gold and silver bullion to balance out or even replace mutual funds based retirement portfolios. 401(k) rollovers are a popular choice for many investors.

The Most Distinguished Name in Bullion

The everyday investor is sick of losing money....Bullion is a perfect refuge and a very secure place to store wealth

A growing number of investors are opting for the original currency of kings, using gold and silver bullion to balance out or even replace mutual funds based retirement portfolios.

IRA Metals, an offshoot of Arizona based Scottsdale Silver, has reported a 300 percent increase in newly opened self-directed precious metals IRAs in the past 4 months.

“The everyday investor is sick of losing money and people out there are looking to spread the risk. Bullion is a perfect refuge and a very secure place to store wealth,” said Davis Sullivan, marketing director for IRA Metals.

As early as 3 years ago most investors only ventured into precious metals as an afterthought, but the worst recession since the Great Depression combined with the current administration’s uninhibited spending sprees is adding an extra gleam to the future of gold and silver bullion.

Add to that the growing number of financial experts predicting the collapse of the US Dollar, and silver and gold bullion are strong investment options.

“Investors now have the option of adding physical bullion to their retirement portfolios. Gold, silver and precious metals in general have long been recommended by professionals as an important category inside a well-diversified portfolio,” added Sullivan.

As of Fridays close, the largest bullion ETF’s held approximately $54.7BN in assets (GLD held $49.2 BN as of 5/28/10 and SLV held $5.5BN as of 5/28/10). While ETF’s may be appropriate for speculators looking to time market moves, many advisors and investors are concerned about the legitimacy of their physical bullion holdings versus some certificate or derivative of the metal.

IRA Metals is geared toward the long term investor who sees inflation and economic uncertainty becoming a real concern in the future. And by investing in metals directly, the investor has the confidence that the metal they purchase is real, audited annually, and, most importantly is removed from the market and not included in world inventories.

As such, investors are opening accounts for three main reasons:
1. They seek to protect themselves from the deteriorating political environment
2. They are looking for ways to hedge their portfolios against a devaluing USD.
3. They want the security of an asset class with a low historic correlation to world markets.

For more information on investing in precious metals, visit http://www.irametals.com/preciousmetalsIRA.htm or http://www.scottsdalesilver.com

CONTACTS:
Davis Sullivan
Director of Marketing
1-888-745-2279

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