Can You Roll Over a 401(k) to a Gold IRA Without Penalty?

gold bar under a microscope

In today’s ever-changing financial landscape, retirement planning remains a crucial aspect of securing your financial future. Among the myriad of retirement savings options available, the 401(k) and the Gold IRA are two popular choices. But what if you’re considering a transition from your 401(k) to a Gold IRA?

Is it possible to make such a move without incurring penalties? In this comprehensive guide, we’ll delve into the intricacies of rolling over your 401(k) to a Gold IRA, exploring the possibilities, advantages, and important considerations along the way.

The Basics of 401(k) Rollovers

Before we dive into the world of Gold IRAs, it’s important to understand the fundamentals of a 401(k) rollover. A 401(k) is an employer-sponsored retirement savings plan, primarily offered by private sector companies. It allows employees to contribute a portion of their salary to a tax-advantaged investment account, often with an employer match. Over time, these contributions grow through investments in stocks, bonds, mutual funds, or other assets, all within a tax-deferred environment.

Now, when you decide to leave your current employer, whether due to a job change, retirement, or any other reason, you are faced with choices regarding your 401(k). Typically, you have four options:

  1. Leave it with your former employer: Some employers allow you to keep your 401(k) account even after you’ve left the company. This option provides familiarity and continuity but may limit your investment choices.
  2. Roll it over into your new employer’s plan: If your new employer offers a 401(k) plan and permits rollovers from a previous 401(k), you can consolidate your retirement savings into the new plan. This can simplify management but may limit your investment options as well.
  3. Cash out: You can withdraw the funds from your 401(k) account when leaving your job. However, this option is generally discouraged due to tax implications and early withdrawal penalties for those under 59½ years old.
  4. Roll it over into an Individual Retirement Account (IRA): This is where things get interesting, especially if you’re considering a Gold IRA. Rolling over your 401(k) into a traditional IRA allows you greater control over your investments and potentially more diverse options.

What Is a Gold IRA?

A Gold IRA, also known as a Precious Metals IRA, is a type of self-directed individual retirement account that allows you to hold physical precious metals, such as gold, silver, platinum, and palladium, in the form of bullion coins or bars. Unlike a traditional IRA, where your investments are typically limited to stocks, bonds, and mutual funds, a Gold IRA opens the door to the world of precious metals.

Why would you consider holding gold in your retirement portfolio? Gold has historically been seen as a store of value, often viewed as a hedge against inflation and economic uncertainty. It’s a tangible asset that can provide diversification and potentially serve as a safeguard for your wealth during times of market volatility.

Rolling Over Your 401(k) into a Gold IRA

Now that you have a better grasp of the key players—401(k)s and Gold IRAs—you can begin to see how to transfer your 401k to a gold IRA without getting a penalty.  Now let’s explore the step-by-step process of rolling over your 401(k) into a Gold IRA.

  1. Eligibility and Compatibility: The first thing you’ll need to determine is whether your 401(k) is eligible for rollover into a Gold IRA. Most 401(k) plans are eligible for rollovers upon leaving your job, but it’s essential to check with your plan administrator or HR department to confirm. Compatibility also plays a role; not all Gold IRA custodians accept rollovers from 401(k)s, so you’ll need to select a custodian that does.
  2. Setting Up a Self-Directed IRA: If you don’t already have an IRA, you’ll need to establish one before initiating the rollover process. A self-directed IRA is a type of IRA that allows you to make investment decisions beyond traditional assets like stocks and bonds. This is where the Gold IRA comes into play.
  3. Selecting a Gold IRA Custodian: Choosing a reputable Gold IRA custodian is crucial to ensuring a smooth rollover process and the safe storage of your precious metals. Custodians specialize in handling alternative assets like precious metals and will facilitate the transfer of funds from your 401(k) into your Gold IRA.
  4. Funding Your Gold IRA: Once you’ve set up your self-directed IRA and selected a Gold IRA custodian, you’ll need to fund your new account. The funds from your 401(k) will be transferred directly to your Gold IRA custodian, and you’ll have the flexibility to choose the specific precious metals you wish to purchase.
  5. Selecting Your Precious Metals: The beauty of a Gold IRA lies in the ability to diversify your holdings with precious metals. You can choose from gold coins, bars, silver, platinum, or palladium, depending on your investment goals and risk tolerance. Your custodian will help guide you through the process of acquiring these assets.
  6. Storage and Custody: It’s important to note that the IRS mandates that precious metals held in a Gold IRA must be stored in an approved depository, not in your personal possession. Your chosen custodian will handle the storage arrangements and ensure compliance with IRS regulations.
  7. IRS Regulations and Taxes: It’s crucial to understand the IRS rules and tax implications associated with a 401(k) to Gold IRA rollover. Generally, if the rollover is executed correctly, you won’t incur taxes or penalties. However, failure to follow the IRS guidelines could result in adverse tax consequences.

Benefits and Considerations

As with any financial decision, there are advantages and considerations when it comes to rolling over your 401(k) into a Gold IRA.


  1. Diversification: A Gold IRA adds diversification to your retirement portfolio, potentially reducing overall risk.
  2. Safe Haven Asset: Precious metals like gold have a historical track record of retaining value during economic downturns, making them a potential hedge against inflation and market volatility.
  3. Control: You gain more control over your investments with a self-directed Gold IRA, allowing you to make decisions based on your financial goals.


  1. Fees: Gold IRAs may come with higher fees compared to traditional retirement accounts. Be sure to understand the cost structure of your chosen custodian.
  2. Market Volatility: While gold can be a safe-haven asset, its value can also fluctuate. It’s important to have a well-rounded retirement portfolio that includes a mix of assets.
  3. Storage and Custody: Storing precious metals securely can be costly, and you’ll need to rely on your custodian for safekeeping.

The option to roll over your 401(k) into a Gold IRA without penalty is available, but it requires careful planning, adherence to IRS regulations, and selecting a reputable custodian. The decision should be based on your financial goals, risk tolerance, and a thorough understanding of the potential benefits and considerations. Now let’s explore some additional factors to consider when making this important retirement planning decision.

The Importance of Timing and Risk Tolerance

As we continue our exploration of rolling over a 401(k) into a Gold IRA and how it can help you to hedge against inflation with precious metals investing, it’s vital to shift our focus towards timing and risk tolerance. These factors play a significant role in determining whether this financial move aligns with your long-term retirement goals.

Timing is Crucial

When contemplating a rollover from your 401(k) into a Gold IRA, timing can be everything. The first consideration is your current employment status. If you’re still actively employed, you may not be eligible for a 401(k) rollover, as many plans restrict this option while you’re with the company. However, once you’ve left your job, whether through retirement, a job change, or another life event, you’ll typically have the green light to proceed with the rollover.

Another timing-related aspect to consider is market conditions. Gold, like any other investment, can experience price fluctuations. Before initiating the rollover process, it’s worth evaluating the current state of the precious metals market. Some investors prefer to make this move during times of economic uncertainty or when they believe gold prices are undervalued, while others may prefer to maintain a consistent investment strategy regardless of market conditions.

Risk Tolerance Matters

Your risk tolerance is a key factor in determining whether a Gold IRA is the right choice for your retirement portfolio. Gold is often seen as a stable investment that can act as a hedge against inflation and economic downturns. However, it’s important to recognize that, like any investment, gold comes with its own set of risks.

The value of gold can be influenced by a variety of factors, including economic data, geopolitical events, and investor sentiment. While it has historically demonstrated the ability to retain value during times of crisis, it’s not immune to price fluctuations. As such, your risk tolerance should guide your decision.

If you have a low risk tolerance and prefer more stable, predictable returns, a Gold IRA may be an appealing addition to your portfolio. It can provide a degree of protection against market volatility. On the other hand, if you have a higher risk tolerance and are comfortable with the potential for greater returns, you may opt for a more aggressive investment strategy that includes a mix of assets beyond precious metals.

Diversification is Key

One of the primary benefits of rolling over a 401(k) into a Gold IRA is the opportunity to diversify your retirement portfolio. Diversification involves spreading your investments across different asset classes to reduce risk. By including precious metals in your portfolio, you can potentially enhance its overall diversification.

Diversifying with gold can serve as a safeguard against economic uncertainty and inflation. It’s an asset that tends to move independently of traditional investments like stocks and bonds. During periods of market turbulence, gold can act as a stabilizing force in your portfolio.

However, it’s important to strike the right balance when diversifying. Overcommitting to gold or any single asset class can expose your portfolio to other risks. A well-rounded retirement portfolio typically includes a mix of assets that align with your financial goals, risk tolerance, and time horizon.

Expert Guidance and Due Diligence

You are probably wanting to learn about choosing a gold company and investing in precious metals.  While the concept of rolling over a 401(k) into a Gold IRA is straightforward, the execution can be complex. To ensure a successful transition and compliance with IRS regulations, seeking expert guidance is strongly advised. An experienced financial advisor can help you evaluate your options, assess your risk tolerance, and navigate the intricacies of the rollover process.

Additionally, conducting thorough due diligence on potential Gold IRA custodians is crucial. Not all custodians are created equal, and their fees, reputations, and level of service can vary significantly. Research multiple custodians, read reviews, and compare fees and services to make an informed decision.

In conclusion, the decision to roll over your 401(k) into a Gold IRA is one that should be made with careful consideration of timing, risk tolerance, and the importance of diversification. While this financial move can provide stability and protection against economic uncertainty, it’s not without its own set of considerations and potential risks. Seeking expert guidance and conducting due diligence will help ensure a smooth and successful transition that aligns with your long-term retirement goals.

Frequently Asked Questions (FAQs)

As we conclude our comprehensive guide on rolling over a 401(k) into a Gold IRA, let’s address some of the most common questions that individuals often have regarding this financial decision.

1. Can I roll over my 401(k) into a Gold IRA while still employed with my current employer?

No, most 401(k) plans do not permit rollovers while you are still actively employed with the company. To initiate a rollover, you typically need to leave your job, retire, or experience another qualifying event that allows you to access your 401(k) funds.

2. Will I incur taxes and penalties when rolling over my 401(k) into a Gold IRA?

If executed correctly, a direct rollover from a 401(k) to a Gold IRA should not result in taxes or penalties. The key is to ensure that the funds are transferred directly from the 401(k) to the Gold IRA custodian without you taking possession of the funds.

3. Are there restrictions on the types of precious metals I can hold in a Gold IRA?

Yes, the IRS has specific guidelines regarding the types of precious metals that can be held in a Gold IRA. Generally, it allows for investment in gold, silver, platinum, and palladium bullion coins or bars that meet certain purity standards. Collectible coins are typically not eligible.

4. How do I choose a Gold IRA custodian?

Selecting the right Gold IRA custodian is a critical decision. It’s important to research and compare custodians based on factors such as reputation, fees, storage options, and customer service. Read reviews, ask for recommendations, and consult with a financial advisor for guidance.

5. Is gold a safe investment for my retirement portfolio?

Gold is often considered a safe-haven asset that can provide stability and act as a hedge against economic uncertainty and inflation. However, like any investment, it comes with its own set of risks. It’s essential to assess your risk tolerance and diversify your portfolio accordingly.

6. Can I have multiple IRAs, including a Gold IRA?

Yes, you can have multiple IRAs, including a Gold IRA. However, there are contribution limits and rules governing contributions to traditional IRAs and Roth IRAs. Consult with a financial advisor to ensure you’re in compliance with IRS regulations.

7. What are the costs associated with a Gold IRA?

Gold IRAs may come with fees that can include custodial fees, storage fees, and transaction fees for buying and selling precious metals. It’s essential to understand the cost structure of your chosen custodian and the potential impact on your overall returns.

8. How do I keep track of the performance of my Gold IRA investments?

Your Gold IRA custodian should provide regular statements and updates on the performance of your investments. Additionally, you can monitor the market value of your precious metals holdings by checking current market prices for gold, silver, platinum, or palladium.

9. Can I take physical possession of the precious metals in my Gold IRA?

No, the IRS mandates that precious metals held in a Gold IRA must be stored in an approved depository, not in your personal possession. The custodian will handle the storage arrangements to ensure compliance with IRS regulations.

10. Should I consult with a financial advisor before making a 401(k) to Gold IRA rollover?

Yes, consulting with a qualified financial advisor is highly recommended before making any significant retirement investment decisions. A financial advisor can help assess your individual financial goals, risk tolerance, and guide you through the rollover process to make informed choices.  They can answer the questions, “Does Charles Schwab sell gold and silver?”

In summary, rolling over a 401(k) into a Gold IRA can be a prudent move for some investors, but it’s essential to understand the nuances, rules, and potential implications involved. If you have more questions or seek personalized advice, consider consulting a financial professional who can provide guidance tailored to your specific financial situation and goals.

How do I roll over an IRA for precious metals?

Investing in precious metals, such as gold, silver, platinum, and palladium, has been a popular strategy for diversifying one’s portfolio and hedging against economic uncertainties. Individuals who are interested in including precious metals within their retirement accounts often consider rolling over their Traditional or Roth IRAs into a Precious Metals IRA. This guide aims to provide a detailed overview of the process, benefits, considerations, and steps involved in rolling over an IRA for precious metals.

Understanding Precious Metals IRAs: A Precious Metals IRA, also known as a Self-Directed IRA, allows investors to hold physical precious metals like bullion coins and bars within their retirement account. These assets are held by a custodian, typically a financial institution specializing in self-directed retirement accounts. The key benefit of a Precious Metals IRA is the ability to diversify a portfolio beyond traditional assets like stocks and bonds.

Benefits of Rolling Over an IRA for Precious Metals:

  1. Portfolio Diversification: Precious metals have historically shown a low correlation with traditional assets, making them an effective way to diversify an investment portfolio.
  2. Inflation Hedge: Precious metals can act as a hedge against inflation, preserving purchasing power during times of economic uncertainty.
  3. Safe-Haven Asset: During market downturns or geopolitical tensions, precious metals often serve as a safe-haven investment, providing stability to a portfolio.
  4. Potential for Capital Appreciation: The value of precious metals can appreciate over time due to increased demand, limited supply, and changing market conditions.

Factors to Consider:

  1. IRA Eligibility: Not all IRA custodians allow investments in precious metals. Ensure that your chosen custodian offers the option to invest in physical metals.
  2. Types of Precious Metals: Different metals have varying levels of volatility and potential returns. Gold and silver are the most popular choices due to their historical significance and relatively stable market behavior.
  3. Storage: Precious metals held within an IRA must be stored in an approved depository to maintain their tax-advantaged status. Custodians can recommend accredited storage facilities.
  4. Costs: Consider all costs involved, including custodial fees, storage fees, purchase premiums, and potential selling fees.
  5. Market Research: Stay informed about the precious metals market and make informed decisions based on market trends, supply and demand dynamics, and geopolitical factors.

Steps to Roll Over an IRA for Precious Metals:

  1. Research Custodians: Find a reputable custodian that offers Precious Metals IRAs and aligns with your investment goals. Compare fees, services, and customer reviews.
  2. Open a Precious Metals IRA: Complete the necessary paperwork to open a Precious Metals IRA with your chosen custodian.
  3. Fund the Account: Fund your new IRA by transferring or rolling over funds from your existing Traditional or Roth IRA. This can be done via a direct transfer or rollover.
  4. Choose Metals: Work with your custodian to select the types and quantities of precious metals you want to purchase within your IRA.
  5. Purchase Metals: The custodian facilitates the purchase of the chosen metals and arranges for their secure storage in an approved depository.
  6. Regular Monitoring: Keep track of the performance of your precious metals investments and make adjustments as needed to align with your overall financial goals.

Tax Implications: A rollover from a Traditional IRA to a Precious Metals IRA is generally tax-free if done correctly. However, if you are rolling over from a Roth IRA, you may need to consider potential tax implications. Always consult a tax professional before making any decisions.

Conclusion: Rolling over an IRA for precious metals can be a strategic move for investors looking to diversify their retirement portfolios and benefit from the unique attributes of precious metals. By understanding the benefits, considerations, and steps involved in this process, individuals can make informed decisions that align with their long-term financial objectives. Remember to conduct thorough research, consult with experts, and carefully evaluate custodians to ensure a successful transition to a Precious Metals IRA.

Is gold IRA taxable?

Investing for retirement is a crucial financial endeavor, and Individual Retirement Accounts (IRAs) have long been popular vehicles for achieving this goal. Traditional IRAs, Roth IRAs, and SEP IRAs are common options that allow individuals to save and grow their wealth in a tax-advantaged manner. However, a less commonly understood form of IRA is the Gold IRA, which involves investing in precious metals such as gold, silver, platinum, and palladium. One of the key questions potential investors often ask is: “Is a Gold IRA taxable?” This article delves into the intricacies of Gold IRAs and examines the tax implications associated with these unique retirement investment vehicles.

Understanding Gold IRAs: A Brief Overview

A Gold IRA, also known as a Precious Metals IRA or a Self-Directed IRA, is a retirement account that allows investors to hold physical precious metals within their IRA. While traditional IRAs typically include assets like stocks, bonds, and mutual funds, a Gold IRA introduces the possibility of adding tangible assets like gold bullion, coins, and other precious metals to the investment mix. The primary motivation behind investing in a Gold IRA is to diversify one’s retirement portfolio and potentially hedge against economic uncertainties.

Contributions and Taxation

The first consideration when evaluating the tax implications of a Gold IRA is the contribution phase. Just like Traditional and Roth IRAs, contributions to a Gold IRA can be subject to different tax treatments based on the type of IRA chosen.

  1. Traditional Gold IRA: Contributions to a Traditional Gold IRA may be tax-deductible, meaning you can potentially deduct the contribution amount from your taxable income in the year of the contribution. However, when you withdraw funds from your Traditional Gold IRA during retirement, the withdrawals are considered ordinary income and are subject to income tax at your prevailing tax rate. This is consistent with the taxation structure of a traditional IRA, where tax deferral is a central feature.
  2. Roth Gold IRA: Contributions to a Roth Gold IRA are made with after-tax dollars, so they do not offer an immediate tax deduction. However, the key benefit of a Roth Gold IRA is that qualified withdrawals during retirement are tax-free. This means that the growth of your investments and any gains from the appreciation of precious metals can be withdrawn without incurring any additional taxes, provided you meet the qualifying criteria for a tax-free distribution.
  3. SEP Gold IRA: A Simplified Employee Pension (SEP) IRA allows self-employed individuals and small business owners to establish retirement plans for themselves and their employees. Contributions to a SEP Gold IRA are generally tax-deductible for the business, and the same tax treatment as Traditional IRAs applies to withdrawals during retirement.

Taxation of Gains and Distributions

When it comes to the taxation of gains and distributions from a Gold IRA, there are important distinctions to consider:

  1. Gains in a Gold IRA: If the value of the precious metals held in your Gold IRA increases over time, the appreciation is generally not subject to immediate taxation. This is a key advantage of a Gold IRA, as it allows your investments to potentially grow without triggering current tax liabilities.
  2. Withdrawals from a Gold IRA: As previously mentioned, the tax treatment of withdrawals depends on whether you have a Traditional Gold IRA or a Roth Gold IRA. Withdrawals from a Traditional Gold IRA are taxed as ordinary income, while withdrawals from a Roth Gold IRA are tax-free, provided you meet the qualifying criteria.

Required Minimum Distributions (RMDs)

One important aspect of retirement accounts, including Gold IRAs, is the requirement to start taking Required Minimum Distributions (RMDs) once you reach a certain age. For Traditional Gold IRAs, these distributions are subject to income tax, and failing to take the required distributions can result in significant IRS penalties. However, Roth Gold IRAs are not subject to RMDs during the account owner’s lifetime, making them an appealing option for those who want to maintain control over their distributions.

Considerations and Conclusion

When considering whether a Gold IRA is taxable, it’s crucial to understand the specific tax rules associated with each type of Gold IRA. Traditional Gold IRAs offer potential tax deductions on contributions, but withdrawals are subject to income tax. Roth Gold IRAs involve after-tax contributions, and qualified withdrawals are tax-free. Additionally, the appreciation of precious metals within the IRA generally does not trigger immediate taxation.

Before making any decisions regarding a Gold IRA, it’s advisable to consult with financial professionals who are well-versed in retirement planning and tax regulations. The choice between a Traditional Gold IRA and a Roth Gold IRA should be based on your individual financial situation, goals, and tax considerations. Diversifying your retirement portfolio with precious metals can be a valuable strategy, but understanding the tax implications is a crucial step in making informed investment decisions that align with your retirement objectives.

Does Gold Ever Depreciate in Value?

The most common thing for a buyer of gold to think is, “Am I making the right decision?”  Gold is one of the most expensive metals that you can buy and so a gold purchase represents a large financial transaction.

It is only natural to wonder if you are making the right choice.  You always have the option to wait.  But how do you know if you wait it the price of the gold will go up or if it will decrease in dollars?

Well, gold like everything else goes up and down in value versus the United States dollar.  The one thing that never has happened is that the value of gold has never gone to zero.  It has never happened.  That is not true for all fiat currencies.

Actually, the opposite is true, all fiat currencies have eventually arrived at their intrinsic value, which is zero.

One more note to think about, and this applies to gold or any other investment, if you are worried about the price of it going down, if this worry is keeping you up at night, then you have too much exposure to the investment.  To fix this simply reduce the amount of money you have invested in the asset, and that will decrease your anxiety tremendously.

Here is a good article to learn more about position sizing:

Why Should You Invest in Gold?

If you are new to investing in gold, you may be wondering why people think of gold as an investment.  After all, products like jewelry, and precious stones actually depreciate over time because they pick up imperfections and blemishes as they age.

Gold does not have this problem due to the soft nature of the metal.  You can always melt gold down into something else and it will still be a pure gold.  In this sense, gold is an infinitely recyclable material.  Gold has been of value to mankind for as long as we have records, so that is at a minimum 5,000 years.  This is a long track record for something to be a store of value.

Gold is also one of the rare things on earth that is recognized to all humans.  You can take a bar of pure gold to any culture, throughout any time period in history, and the people there will recognize a gold bar as having a significant amount of value.

In regards to financial planning, investing, and portfolio management, gold has a unique place.  It is seen mostly as a hedge against current financial instruments.  Most investment advisors will tell you that gold is a non-correlated asset or investment.  This means that if the stock market or the real estate market crashes, it should not drag down the value of your gold investment.

This idea of gold being a non-correlated financial asset is only partly true.  In reality, sometime gold moves in step with all the other markets, sometimes it does not.  If you speak with most gold investing firms they will tell you that gold only goes up in value.  That is clearly not the case.  Although there are some firms that will be honest with you and tell you the positives and negatives of investing in gold, and it is rare to find this type of honesty.  If you would like to learn more about an honest and ethical gold investing company, you should read this Augusta Precious Metals review.

So What Exactly is Depreciation?

Depreciation is when something goes down in value vs. the U.S. Dollar.  It is a price movement.  Everything goes up and down because everything is cyclical.  What most investors don’t realize is that the value of a U.S. Dollar is also cyclical and goes up and down, but we will leave that discussion for another day.

Basically depreciation of an asset is the opposite of price appreciation.  Over time most things go down in value.  Things that are poster boys for depreciation are cars, and especially luxury cars, they drop in value like rocks.  Also electronic devices like phones and laptop computers tend to depreciate quickly as well.  Think about it.  How many people want a two year old Apple iPhone?  Not many, so the price of it is way down compared to when it was first sold on the market two years earlier.

You may be wondering, “Well how does depreciation affect the price of gold?”

Well in the short term gold can definitely decrease in price.  It’s usually a good idea NOT to buy gold at the peak of a gold bull market.  But the thing about gold is you need to zoom out when looking at it’s price.  Because gold has been around for thousands of years, and over long periods of time like decades, centuries, and millennia, the value of gold is actually fairly stable.  And your gold bar, if you store it properly will be just as good and just as valuable a thousand years from now.  You definitely cannot say that about any electronic device you buy like a phone or a T.V.

Why is depreciation not a problem for gold?

Well first you need to realize that gold is about saving value instead of making money like a tech stock.  Depreciation does not affect gold like normal asset classes due to the Lindy Effect.  The Lindy Effect basically states that the longer something has existed, the longer it is likely to exist in the future.

Gold has been around as a store of value for humanity for at least 5,000 years.  It is not a stretch; it actually is a very high probability that gold will remain a store of value to humanity for 1,000 years into the future.

There is something powerful, awe inspiring even, about holding a bar of pure gold in your hand.  It will always incite some level of desire in man to possess this metal.  Gold does not corrode.  It does not disintegrate into nothing like the metal structure of a car when it’s exposed to winter roads that are covered in salt.

Gold lasts, it has real staying power.  And gold has also lasted longer than every other currency that mankind has ever used.  This is why it is a powerful tool to fight inflation.  Your gold will actually outlast any and every inflation.  Your gold will actually outlast governments, and even you.

Gold has a place in every smart investors portfolio.  The key to gold is to understand what it is, and what it is not.  Do not fall for the hype, educate yourself on gold’s special properties, then start to acquire gold slowly overtime as a way to “insure” the rest of your investment portfolio.