Investing in Gold may not be for everyone.

But if youre concerned about inflation or government policies that decreases the value of your dollar. Then gold may be a great way for you to protect and secure your financial future.

There are so many companies that offer a Gold and Silver IRA. It may be hard to know which one is best for you. Its important that you avoid those that could potentially be scams or rip offs  or any company that just wants to skim some off the top .

Here I have made a comprehensive guide to choosing the right company for you. Aiming for a company that is

Reliable

Transparent in all Fees and Cost of doing business.

Whats On This Page

1. How You Can Save Money with a Gold IRA Rollover
2. How A Gold IRA Can Add Security to Your Retirement
3. How to Protect Yourself from Being Burnt by Gold IRA Scams
4. Our Top Picks for a Gold IRA Company

How You Can Save $1,000s on Your Gold IRA Rollover By Following These Guidelines:

Protect Your Savings from a High Bid-Ask Spread 

The Bid-Ask Spread is what you pay on top of the spot price. Lets say you buy one gold bullion at the spot of $1,000 and the company has a 8% Bid-Ask Spread  So your total cost will be $1,080 for one gold bullion.

It is common for companies to charge anywhere from 2%  10% on bullion  and 20%  30% on precious metal coins .

Save Money With a Fixed IRA Fee  

Their will be a yearly fee for your Gold Ira. Most companies will charge you for storage and an administration coverage.

You want to however avoid any unnecessary fees. Any company that charges a cancellation fee is just after your money.

Their are actually two Ira fee structures. Flat & Scaled. Flat is one fixed price year after year. No surprise Increases. Scaled however increases as your account balance increases. So with a Scaled account the more your account grows that more money youll lose in fees.

Some companies start off charging you a Flat Fee and then once your account reaches a certain point they switch to scaled, watch out for this pitfall so you can save yourself the money and the headache.

Protect Your Savings From a Market Loss Policy

Some companies will not let you actually cancel your order. Instead they off-set it by the new spot-price value. So if you decide to cancel your purchase and the value goes down youll eat the cost. And if the value increases theyll claim that its theirs.

We want to Avoid these Companies It shows you they care more about money than giving you a quality customer experience.

Key Gold IRA Features that Add Security to Your Retirement

A Gold IRA thats Focused on Hedging Inflation

With Inflation the cost of goods and services are becoming more and more expensive. Going to the grocery store you spend so much and yet feel like you don’t get anything in return. But Gold is actually considered by top financial advisors to be hedge to inflation and the increasing prices.

A Gold IRA that Is a Back Up Plan for Tough Economic Times

The economy is unpredictable. But whenever the economy is in a crisis Gold is known to perform very well.

According to bls.gov in 2008, while the economy was in a recession the price of gold increased by 2.6% .

In 2009, as the Federal Reserve enacted policies that decreased the value of the dollar, gold increased by 12.8% .

And From 2010 into 2011, while the economy was still failing to recover, the price of Gold shot up 50.6% reaching an all time of high $1,917.90.

Investing in Gold will give you a back up plan for when the stock market, housing market, or your other investments are not performing as expected.

A Gold IRA that Can Easily Be Turned Back into Cash for Emergencies

When you have an emergency it’s difficult to get money from your house, your car, or the stock market.

Gold however has high liquidity, meaning you will be able to quickly turn your gold back to cash when you need it.

You will also not have a problem finding a buyer. foxbusiness.com reports that the central banking systems of countries such as China, India, and Russia are all buying gold in bulk.

So even if the U.S. dollar should decrease in value you’ll still have an assets that’s in demand and worth great value to investors all across the world.

Must-Haves to Protect Your Gold IRA Rollover From Scams

Beware of the Gold Bullion vs. Gold Coins Scam

You want to be able to choose for yourself what you want to invest in. The final decision is completely yours and its a decision that is right for you and your financial future  not a companies profit.

Some companies have been known, in the past, to recommend their customers to buy certain precious metal coins because it gave the company a greater commission.

We want to avoid any company that promotes any one particular item and gravitate to ones that offer a diverse, wide variety of precious metals bullion and optional coins for your Ira.

Avoid the Scam of an Un-Allocated Account An Allocated Account Gives You 100% Ownership of Physical Gold & Silver

Something great a company can offer you is an allocated account. With an allocated account youll have 100% complete ownership of physical metals.

With an Un-allocated Account youll instead receive a promissory note saying youve invested in gold but your money may actually be used for other purposes. Then, when you would like to withdrawal youll receive your precious metals or cash.

We feel an un-allocated account is a red flag. If anything should happen to your gold ira company, such as a bankruptcy, all you have is a promissory note. And if a company cant make good on their promise youll be left with nothing.

Work with the Best GET Full Protection For Your Gold in a Depository

Two of the most popular Gold Depositories are BRINKS in and Delaware Depository.

We check to make sure that a depository does everything in their power to protect your assets. This includes 24 / 7 video surveillance And 3rd Party inspections and assurance.