LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Is America Headed for a Post-Apocalyptic Currency Collapse?
By: Stefan Gleason, Money Metals Exchange

Why Wall Street's V-Shaped Recovery Cannot End Well
By: Rick Ackerman, Rick's Picks

Currency Update: Dollar Crash Underway
By: Gary Savage

How Quickly Will Bakken Oil Production Decline?? Much Faster than Americans Realize
By: Steve St. Angelo, SRSrocco Report

Precious Metals Update Video: Gold between bollinger bands
By: Ira Epstein

Grinding Higher $ES
By: Ricky Wen

Gold intervention by BIS held steady in March and April as study hints it's done for Fed
By: Robert Lambourne

Covid, Debt and Precious Metals
By: Richard (Rick) Mills, Ahead of the herd

Precious Metals Update Video: Dollar testing supports, supportive for Gold
By: Ira Epstein

Asian Metals Market Update: June-2-2020
By: Chintan Karnani, Insignia Consultants


GoldSeek Web

Gold IRA rollover season – As we begin 2014 market opportunity, danger abound

 -- Published: Tuesday, 7 January 2014 | Print  | Disqus 

By Michael J. Kosares

This is the time of year investors assess their IRAs and other retirement plans and strategize for the future. The upcoming year, in my view, looks to shape up as one of much danger as well as opportunity.

I do not write often about specific trading strategies simply because I believe that gold is essentially a safe-haven asset – a buy and hold item and one of the premier armchair investments given the times. Those who choose to make gold a “trade”, do so at their own risk. At the moment, however, we have an important confluence of trends that I believe can be exploited within tax-advantaged retirement plans.

The following chart summarizes that opportunity:

stocks vs gold

As you can see the S&P Stock Index and gold price have crossed at roughly the 1575 level. The chart suggests an arbitrage opportunity likely to whet the appetite of those who believe gold’s downside was a pause in its secular bull market and stocks’ upside the result of a bubble created by the Fed money printing process.

Financial Times closed 2013 with a warning that “half of all UK money managers believe that stock prices are in a bubble territory.” In that same survey, two-thirds of money managers considered corporate bonds “richly priced.” Simultaneously, gold is coming off its worst year in the past thirteen – down nearly 30% from the beginning of 2013 and over 35% from its all time high.

Taking a closer look at recent stock market activity, the Wall Street Journal ran a largely overlooked article at the end of December describing how many private equity firms “are set to return a record amount of cash to their investors for 2013, after taking advantage of buoyant markets to sell hundreds of billions of dollars of investments.” One private equity manager summarized the attitude of many insiders by saying “There’s a time to reap and there’s a time to sow. We are selling everything that isn’t nailed down.”

Though private equity firms operate in the securities of companies not publicly held, the sentiment can be applied readily to publicly traded stocks and bonds. Too often, the small private investor is late to arrive for the party and late to leave while their more seasoned professional brethren tend to do just the opposite. If there is significant selling going on among the professionals, it might be time to take note.

As for gold, one recalls the ultimate contrarian advice of Nathan Mayer Rothschild, who made more than one fortune in the financial markets in his lifetime. The time to buy, he counseled “is when there is blood in the streets – even if the blood is your own.”

If the contrarian in you agrees with the assessment that there is a time to reap and a time to sow, as stated above, the time might be right to reap some stocks and sow some gold as we begin the New Year. After all, isn’t the principle advantage of owning a tax-deferred retirement plan the opportunity to roll profits from one sector of the financial markets to others?

Of course there is always the presence of danger in such undertakings, the stock market could very well continue trekking higher while gold continues to downtrend. In such matters, it always the duty of each investor to make his or her own assessment, but perhaps some judicious rebalancing within IRAs and other retirement plans makes sense at this juncture.

USAGOLD offers two introductory pages for those wishing to include gold and silver in their retirement plans:

The first provides general information about gold-backed IRAs. It includes George Cooper’s (JD) regularly updated column: Inside the Precious Metals IRA

The second concentrates on the mechanics of doing a gold rollover from your current retirement plan. This page includes an important section on gold IRA “do’s and don’ts”.

We invite your visit to these helpful pages and welcome your questions
Extension #100
To be directed to our Gold IRA specialist

We have been doing gold IRAs for a good many years and can you help get where you want to be as a gold and silver owner within your IRA.

Opinions expressed in this commentary do not constitute an offer to buy or sell by the author or USAGOLD, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the accuracy, timeliness or completeness of the information found here. It is not engaged in rendering legal, accounting, financial or other professional services. The information herein is not intended to create, and visitation of it does not constitute a lawyer-client relationship, accountant-client relationship, or any other type of relationship. If legal or financial advice or other expert assistance is required, the services of a competent professional person should be sought.

| Digg This Article
 -- Published: Tuesday, 7 January 2014 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.