Investors flock to gold when the US Dollar falls. No matter how great the economy or the world, the gold IRA merchants insist on doom and gloom.

People feel safer with gold because of the possibility of an end to the world. Maybe they believe they can trade it to get food in an emergency. You should have some gold in retirement funds to protect yourself from hyper inflation. In this article, I will share some of my favourite gold plays. Before we start, I want to share my gold warning.

If everyone is buying gold, it is my opinion that this is the best sign to stay away. If everyone is buying gold, it’s a sign to stay away. However, once the price falls, don’t panic. When the bubble bursts, you don’t want your money caught up with the rest of the pack. That has been the gold trend over the years. It goes up in price just before it explodes. Rare gold coins are my top choice for investing in gold. Some advisors will say you can’t keep coins in an IRA or other qualified plans. But you can. You will have to let an administrator from a third party hold the coins. IRA custodian Goldstar Trust specializes on IRA gold.

It is possible to buy rare coins whose gold content is approximately equal or less than its rare coin value. Although it is rare, this opportunity can sometimes be found. So even if gold prices drop, rare coin values can keep your investment safe. You can also cash in rare coins if they appreciate in value over the years. The best of both worlds is when the gold price rises over the rare coin’s value. It is important to only purchase quality coins from reliable dealers.