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Precious metals

By Terry Savage on October 03, 2022 | Investments

What are your thoughts on Gold IRA’s? Where do you see precious metals heading in the near future?

Terry Says

Gold doesn’t seem to be doing much despite the global inflation scare! Very disappointing to those — like me — who have held on to gold stocks & mutual funds over the years.
Those advertisements for “gold IRAs” — custodial IRAs created for companies that sell gold coins and bars — strike me as a bad way to go about it, even if you are a believer that gold has a future. Instead, buy a mutual fund that invests in gold mining company shares. At least the shares pay dividends!
You can fund them at Fidelity, Vanguard — and my favorite (I invest there) www.USFUNDS.com.

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