Precious Metals

Let’s talk about precious metals…

Gold is a scarce resource that cannot be reproduced, unlike paper currency. Historically, gold has maintained its intrinsic value and continues to be the most sought-after of precious metals.

More scarce than gold, silver’s intrinsic value has increased over the years.- meaning its buying power has increased as well. Silver can be an affordable, cost-efficient way to get started in precious metals investing the metal.

An individual retirement account (IRA) is one retirement strategy. Funds deposited are tax-deferred, which doesn’t mean tax-free – it means you don’t pay taxes now on the money you earn as long as you invest it. Once you cash in on that investment, however, you owe taxes – and this money is considered income on your tax return after the age of 59 1/2.

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