Reflections On Q1 2014 For The Gold IRA Investor

I think it’s good to take a step back here and there and look at the recent history of precious metals investing as a way of evaluating what the future holds. I keep track of gold and silver pricing on a daily and weekly basis, but I don’t get too caught up in the short-term ups and downs because I’m interested in investing in gold IRAs for the long-term. For instance, we all remember the big drop in gold values earlier last year. Some people panicked and saw gloom and doom, but I didn’t, because I look at history and the big picture.

One of my favorite resources for detailed, unbiased views on gold investing with regards to IRAs is the World Gold Council. Well, I should say, unbiased in the fact that they don’t represent any gold dealers. However, they are, in their words,“the market development organisation for the gold industry.” So take what they say with that grain of salt. They are general advocates for gold, and not exclusively focused on precious metals IRAs. But I’ve spent a lot of time on their site and I can say confidently that they have a wealth of great information for anyone who wants to learn more about gold for IRA investment purposes.

Q1-2014-gold

I’ve posted a short video from them below where Mr. Marcus Grubb talks about what happened in the first quarter of 2014 as far as gold demand and values. There is also some commentary on what the future holds. I encourage you to watch it. The highlights include:

  • India, China and U.S. demand
  • How gold ETF demand fell in the first quarter of 2014
  • Gold bars and coins demand is up
  • Jewelry is also up
  • Central bank demand for gold is up (diversification from the dollar and Euro)
  • Gold supply is effectively flat
  • And finally, his conclusion that gold interest across all sectors remains strong now and into the longer term

I hope you find this kind of information as helpful as I did. It’s all about getting educated about so that you can make an informed decision about your precious metals IRA investing. When you are ready to take the next step and see what your options are for adding gold to your portfolio, I highly encourage you to contact the folks at Regal Assets llc. They have tons of information, including a free gold kit, that are really helpful. And I’ve found that their representatives are not only friendly, but really concerned about helping the gold IRA investor make the best possible decision that’s appropriate for their portfolio. In other words – they don’t just want to sell you some precious metals, take the money, and run. They want you as a long-term, return customer. It’s one of the reasons they have such a high BBB rating.

Published by

Michael Brown

Michael Brown

Retirement planning expert and rollover IRA to gold adviser.