Lock In Your Gains and Hurt The Banks...All In One Move

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How many times have we stated that true physical demand is the only tool we have to defeat The Banks' stranglehold on gold and silver. This podcast is designed to give you an idea of how to participate and help.

As you likely know, Hard Assets Alliance is our longest-running affiliate and sponsor. We've recently kicked it up a notch in the hope of driving more recognition, trading and physical demand through their unique platform.

In this podcast, the CEO and Founder of HAA, Olivier Garret, joins me for a brief discussion of an idea. What if the gold community took just a fraction of their retirement assets and rolled them into physical precious metal? Maybe folks could start by simply cleaving off the Central Bank-generated stock market gains from just this year alone?

Olivier lays out for us the process:

  • How do you open a precious metal IRA?
  • How do you fund it?
  • Is it basically the same as your regular IRA?
  • Can you easily hold and trade precious metal within it?

In any traditional sense, the precious metals are just about the only "asset class" that remains undervalued here at the end of 2017. Most money managers recommend occasional rebalancing from outperformers to underperformers. How is establishing a precious metal IRA and funding it with equity market gains any different?

To get started, just click this link: https://www.hardassetsalliance.com/resources-and-tools/free-downloads/precious-metal-ira-guide?utm_campaign=HA-001&utm_medium=MN&utm_source=tfm

The link simply takes you to a page where you can get the HAA Precious Metals IRA Guide emailed to you. What you do from there is up to you. Thanks for your consideration.

TF

137 Comments

Turd Ferguson's picture

As Grant Williams eloquently described two years ago

MODERATOR

If only a fraction of the world's retirement and institutional assets were repositioned into precious metals, things would get interesting real fast.

Bollocks's picture

I'll take first then...

smiley

SteveW's picture

Second

TF, stop living in the past, the headline date is screwed!

EDIT: Maybe it was recorded yesterday but posted today.

happycamper515's picture

PMs still don't have a pulse

Crooks are determined to take them red by close and make this one of the worst weeks for us. 

Turd Ferguson's picture

fixed

MODERATOR

thanks

Response to: Second
Texas Sandman's picture

PM Pulse

Look at the price of oil, today, the last month, year, two years.

Understand it takes more oil to mine an ounce of silver (because of declining ore grades) than it did two years ago and the price of that oil is higher now.

And understand the market for silver, aside from western investment demand is greater than ever.

Unplug from the paper-concocted price matrix and look around you.  I feel a bounding pulse here.

RickshawETF's picture

Fifth

Two fifths in one day!  I gotta cut back on the sauce . . .

Angry Chef's picture

I believe In 9/11 Miracles

joeblack's picture

Goldtrends

2017 uptrend line taken out & to turn it must hold breakline #1 at 1238-1242 or odds will favor 1200-1222 as next support RSI went to 25 seven times in 2017 & reversed 6 times There are no absolutes in markets only odds

BUT ODDS FAVOR PRICE REVERSAL NEAR FRUITION

https://twitter.com/GoldTrendsNet

Mickey's picture

I have had a physical IRA for perhaps a decade.

started it thru Shiffs firm with a trust set up in Texas, or a firm overseeing it in texas, with the unallocated gold in Austrailia with Perth mint.

About 2010 I started up my own physical IRA with gold and silver eagles I bought and had shipped to a depository in Delaware. Trust co is in Florida.

My coins held  are listed as specific years and I can liquidate teh plan and take distribution in kind as long as I pay closing fees and shipping separately.

As soon as I figure out my taxes this year I will make a decision on if I take a distribution (I am in my 70's)

I am getting to a point where I am not sure I want storage too far from home.

scoremore's picture

F*#k it...Price has not slowed me down...

1 OZ Gold Maple from Provident last night on sale for $1,265.00.

Still scoring here...Screw all the noise....my stack is going higher and higher!

OOOBuck's picture

I'm buying back my miners

Even if the FED ups interest rates and also in the face of some tax selling, my sense is that despite a rocky ride, it's time to get back in.

Disclosure: I have an excellent record of selling too late and buying too early.

FYI: I have also been doing some diversifying over the past month or so.  I now own UCO 2X oil, Nevada Lithium clay and Canadian Pot. 

NUGTCALL's picture

Hard Asset

PHYS liquidity with Eric, just saying.

Jihk2431's picture

LTC runs 30+% this morning...

Train is leaving the station.

abundance's picture

Jason Goodman and the Bundy case..very upsetting

20min

lrod3166's picture

EXACT HEAD N SHOULDER ON UUP CHART

Look at the UUP (USD) chart and see the pure head and shoulders formation. Tells me USD going down REAL SOON!!!  

seneca sam's picture

Pretium worth a look

I have posted prior on my support and investment in Pretium. The stock has receded to oversold territory in the latest miners malaise. The company is ramping up the Brucejack mine, yet controversy on the ore body has affected stock price.

If one believes Pretium will be successful at Brucejack, here are a couple of charts to suggest it may be a good entry point on PVG. ...Oops ...I wanted to copy a couple of charts, but I could not do it ......Hence....

Check a daily chart with 50, 100, 200 SMA...note the bounce off the convergence of the 100 and 200 D. RSI is 36

A PVG chart with stochastic shows PVG is oversold, and at the lower level of the Keltner band

When PVG is at $10 with Turd suggesting a bottom is close...I am a buyer (I already own plenty of PVG, but can't pass it up)

AGXIIK's picture

Mickey Copy that SDIRA is good for some people

Mine's home based using Jeff Berwick's system he set up 6 years ago.  

Hold the gold as you grow old.  

Taking portions of the gold and silver as an IRA distrbution is probably a good idea if you can keep the overall taxable income low in your late 60's and gold prices are depressed. I yanked a lot out when gold hit $1,050 a couple of years ago and might do it again in 2017 if it doesn't create a SS clawback

A SDIRA is the ONLY way to secure and hold a precious metals IRA without counerparty risk.  My preference was to skirt the gray area of IRS rules and went to home based rather than a depository or safe deposit box.

As much as I hate shovels, the chore of digging a couple of holes in the ground for secure  storage is a good plan.  MOLON LABE

Mickey's picture

Self directed

I considered self directed.  Too much tax and reputation risk for me considering other issues. 

It appears you understand the risks.

Bollocks's picture

An addition to the end of free-speech.

Man charged over rocket launcher snowman in Londonderry
 

"The man has been charged with two counts of permitting display of anything provocative"

http://www.bbc.co.uk/news/uk-northern-ireland-42285433

bookers126's picture

LTC Run

LTC run - you can thank Clif - maybe. 

I was listening to his latest interview this morning, he said LTC was going to go up by the new year, so I immediately bought some more while he was talking. I bet a lot of other folks did the same thing, thus the price jump - maybe.

Maybe going forward I just listen to Clif and while he is talking just buy whatever coin he predicts is ready to move. 

Clif also said some crazy silver buying event will take place in Feb 2018  involving a group of people from overseas in the NYC Boston area buying really big amounts of silver (and not going through COMEX). Somebody alerts the fhe feds and they investigate. It turns out the buyers claim diplomatic immunity and did not actually break any laws. Clif still predicting silver price will rise of course.

Chancey's picture

CBOE teams up with Gemini

Is this how they intend to control the price of Bitcoin? Get the Bitcoin exchanges to work with them?

Cboe Futures Exchange Plans to Offer Trading in Bitcoin Futures Beginning 6:00 p.m. EST on Sunday, December 10th

Gemini is excited to announce that Bitcoin (USD) Futures Contracts will begin trading on the Cboe Futures Exchange, LLC (CFE) starting at 6:00 p.m. EST on Sunday December 10th, 2017 under the ticker symbol “XBT” (contract specifications | fact sheet). Monday, December 11th, will be the first full day of trading, and there will be no trading fees for XBT futures in the month of December.

XBT futures are cash-settled contracts based on Gemini’s auction price for bitcoin, denominated in U.S. dollars. XBT futures are specifically designed to allow participants to implement straightforward trading strategies, through settlement to a single, tradeable auction price.

  • XBT futures will cash-settle on the third Wednesday of the month
  • Final settlement value (XBTS) will reflect the Gemini 4:00 p.m. ET daily bitcoin auction price
  • XBT futures will enable investors to take a directional view on the price of bitcoin (both long and short), gain exposure to bitcoin prices, or hedge their existing bitcoin positions
  • XBT futures will bring benefits to traders, including transparency, efficient price discovery, deep liquidity and centralized clearing
  • CFE is regulated by the Commodity Futures Trading Commission (CFTC)
  • Gemini is a New York trust company regulated by the New York Department of Financial Services (NYSDFS)
  • Gemini and CFE have cross-market surveillance and information-sharing agreements in place
  • Visit our website to learn more about Gemini auctions, accessing our APIs and consuming Gemini market data, and our institutional offering as well as cross-connects to our matching engine. Visit Cboe’s website to learn more about XBT futures.
Libero's picture

@seneca sam

Also a Pretium fan and holder.  They are also expanding their exploration of related properties.

https://finance.yahoo.com/news/pretium-resources-inc-regional-exploration-100000834.html

mike97's picture

@Seneca Sam / Libero

Pretium is a long term hold for me but I also felt it was undervalued and I added more on Wed. It was a good day for miners today and I think they will lead the charge higher Mon/Tues before the very small rate increase on Wed.

Ronnie 666's picture

Next week when you buy some phyz don’t forget.....

To think of the lonely little metal “Platinum”......My PGM buys have been very good esp Rh and Pd but Pt’s chance is coming ....... I know that Musk’s electric cars will replace all and we won’t need PGM metals......I don’t think so. Pt has had the crap kicked out of it and it’s ready for buying.... in my opinion laugh

Pt COT report

https://www.tradingster.com/cot/legacy-futures/076651

The Wetback Surgeon's picture

Great video by Grant Williams

Thanks for the suggestion Turd.  He is a smart guy.  Strikes me that EVERY single thing he said about gold is likely exponentially true for silver.

JackPutter's picture

At risk of repeat.

Ok I'll be honest and just say it's all a repeat of myself.

Gold brings locality and immediacy to trade in size.

Bitcoin doesn't need to be fast or scaleable. It brings transportability of very large size to international trade. It must remain decentralized to perform it's functions.

Keynesian Fiat is necessary for the theft of the public good.  Central Banks must remain dishonest.

Silver will show it's value as it's adopted for trade.

I contend that we will look back at these prices and say to ourselves thank god.

canary's picture

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