Think of the power and influence of today’s paper American dollar.
How long has it been in circulation? A few hundred years at most, right?
On the other hand, silver has been a precious element for at least 6000 years and was used as a currency as early as 700 B.C.! Consider the ancient Greek drachma or the British pound sterling.
Today, silver is still held in the same high regard. It is a recognized store of value that offers protection from inflation, fiat currency debasement and banking system failure. Silver is prized not only as an investment, but also as a critical component in industry and products of many kinds.
Many retirement investors include physical silver in their IRA portfolios as a means of diversifying away risk and ensuring a more stable, predictable financial future for themselves. Many silver coins produced by government mints make excellent choices for inclusion in an IRA account.
Unlike traditional IRAs, Home Storage IRAs allow investors to store their precious metals in a nearby bank while enjoying the safe tax-deferment benefits of all IRAs.