Why Your Investment Advisor Won’t Tell You about Silver & Gold IRA Accounts 

 

Has your financial or investment advisor ever suggested you purchase physical precious metal IRA accounts to diversify your portfolio? The answer is likely no. Even if you bring up the topic, your advisor may try to talk you out of investing in precious metal IRA accounts for gold and silver, blaming a lack of income generation and other factors. Below, we review why your investment advisor won’t tell you about silver and gold IRA accounts.

What Are Gold & Silver IRAs?

Gold and silver IRA accounts allow you to hold physical gold or silver. You also have more control over what investments are held in your account. Benefits also include: 

 

  • Inflation protection
  • Self-directed investment control 
  • Tax advantages 
  • Possible inflation hedge
  • Making your own investment decisions 

 

Note: Contribution limits are $7,000 for 2025 and $8,000 for individuals 50 and older.

 

If you decide to include silver and gold in your investment portfolio, make sure to work with a reputable precious metals dealer such as First National Bullion. Carlsbad residents can rely on our professionalism and expertise when they’re ready to invest in silver, gold, and other precious metals for their retirement.

Investment Advisors Don’t Make Commissions from Gold/Silver IRA Accounts

In most cases, investment advisors don’t make commissions from IRA accounts for gold and silver. The savings normally move out of the funds they manage on your behalf. Also, your investments are tied to the precious metals market. Unfortunately, many investment advisors don’t fully understand this market or how it works. Plus, they don’t profit, since they can’t sell physical gold or silver with an IRA. Recommending gold and silver IRAs creates a conflict of interest for most financial or investment advisors.

Lack of Knowledge about Gold & Silver

Investment advisors may never have learned about the many benefits of investing in gold and silver. In addition to not understanding the precious metals market, they may simply not have a solid understanding of such investments, so they stick with what they know. Some investment firms do know about gold and silver, and they normally advertise this fact. Therefore, it’s still possible to find investment advisors willing to discuss gold and silver IRAs with clients.

Orders from the Top

Investment advisors may be directed to not advise clients to invest in IRAs for gold and silver. Investment advisors aren’t usually independent. They have to do what their company wants them to do to keep their jobs. The company doesn’t earn income from gold or silver investments, so companies that hire investment advisors usually tell them not to direct clients toward such investments.

The Precious Metals Market Isn’t Always Rosy

Investment advisors like to promote a rosy outlook on the economy. It’s in the best interest of investment advisors to project a positive economic outlook. While the precious metals market has its ups, it also has its downs. The market can also be unpredictable, and it’s influenced partially by global events like what happened with COVID-19 in 2020. Investment advisors like to steer clients toward investments that are more predictable and likely to offer a nice return on their investment.

 

When they’re making decisions about investing in precious metals and looking for the best place to buy gold bars, Carlsbad residents should reach out to the trustworthy professionals at First National Bullion. We can answer all your questions and help you understand how precious metals can figure into your investment planning decisions. Give one of our experienced dealers a call today.

 

The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.