The value of gold rises and falls like any other investment. While gold will almost certainly never gain or lose its relative value as quickly as penny stocks and dot-com initial public offerings, movements in the price of gold can still convey information. It's getting harder to find and mine gold While demand for gold is still strong, finding more gold is increasingly difficult. Self-directed IRAs provide you with an opportunity to explore the potential of adding gold to your retirement savings investment strategy.
If you are looking to set up a Gold IRA, self-directed IRAs are a great way to do so. Gold during periods of political instability Gold is not only a good investment during periods of economic decline. Gold's performance during periods of inflation Unlike other types of investments, gold has a solid track record of performing well in times of inflation. Investors who held gold during the inflationary period of the 1970s saw the value of their gold mining stocks increase significantly. Those who hold gold futures or hold gold in some form of physical form are probably satisfied with the return on their investments.