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More Americans Are Protecting Their Retirement With Home Storage Gold IRA's

Monday, 19 October 2015 10:42 AM EDT

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Fears of looming recession and IMF abandoning dollar reserve currency drive return to precious metals for wealth preservation.

LOS ANGELES - Morgan Steckler can't put the phone down. It rings constantly, even in the middle of the night. People are calling from all over the U.S. to rollover their retirement accounts, mostly 401ks and IRAs, into gold and silver coins. More often than not, they want the gold delivered directly to their home so they can keep it close at hand.

"I get a lot of calls from people who are very nervous about what is going on with the economy and the future of the dollar right now." Steckler says, during a rare break from helping clients. "They're worried we'll see a repeat of 2008, and I understand that."

He says this with a weary sigh as he looks out the window of his office, a large glass and steel building on Ventura Blvd in the Sherman Oaks area of Los Angeles. His gaze is fixed somewhere beyond the horizon. "I want to help as many people protect themselves as possible," he says. He has the look of a preacher who wishes there were more hours in the day. Steckler is the Director of Sales at Fortress Gold Group, one of the leading precious metals investment firms in the United States.

"That's why I tell people, if you're thinking about doing this, do it now. Because once the next crisis hits, it could be too late." cautioned Steckler. "This is the kind of thing that you have to look ahead into the future a little bit-- and with the current state of the global economy, I don't think it is difficult to see what's coming."

"We always ask people what their goals are-- what they are hoping to accomplish by converting their IRA into gold and silver" said Steckler. "For most people, the answer is simple: they want protection."

One of the driving factors behind the recent dramatic increase in popularity of the Home Storage Gold IRA is the review by the International Monetary Fund of its reserve currency. The SDR, or Special Drawing Rights is used as the Global Reserve Currency by the IMF but it is actually a basket of currencies consisting of the dollar, pound, euro, and yen. In November, the International Monetary Fund will conduct its 5-year review of the SDR and many expect it to reconfigure the basket to also include the Chinese Yuan or Renminbi. Such a move would diminish the dollar's hegemony as global reserve currency and reduce demand for it worldwide.

"I think a lot of people are becoming more aware that the U.S. is in danger of no longer being #1-- China and India are growing and developing at such an incredible rate-- it's not hard to imagine that we will soon see a day where we're not the leading economic power." says Steckler. "When that happens the strength of the dollar will certainly be in question and the Federal Reserve is not going to have as much control over its value. I know a lot of people are worried about the future. But I tell everyone that the best way to alleviate that worry is by protecting your retirement with a Home Storage Gold IRA."

In just the past year, Fortress Gold Group has increased its number of precious metals specialists and the company is still trying to keep up with the huge demand. Inc Magazine dubbed Fortress one of the Fastest Growing Precious Metals Firm in America and ranked it among the top 10 financial services companies in California.

Historically, October has always been one of the worst months for the stock market and with the impending rate hike by the Federal Reserve and upcoming IMF review of the Special Drawing Rights Reserve Currency, it doesn't look like things will slow down for Mr. Steckler and his team anytime soon. To learn more about Fortress Gold Group and their Home Storage Gold IRA’s – click here.

Note: Investors in Home Storage IRA’s should always
consult a competent tax attorney/professional to optimize his/her tax position.

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Sponsored Content Fears of looming recession and IMF abandoning dollar reserve currency drive return to precious metals for wealth preservation. LOS ANGELES - Morgan Steckler can't put the phone down. It rings constantly, even in the middle of the night. People are calling...
Americans, retirement, home storage gold IRA
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2015-42-19
Monday, 19 October 2015 10:42 AM
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