How Much of Your Retirement Should Be in Gold and Silver?

In an era of economic uncertainty and market volatility, diversifying your retirement portfolio is a strategy that has garnered increasing attention. While traditional investments like stocks and bonds have their place, many investors are turning to precious metals like gold and silver as a hedge against economic instability. But the question remains: how much of your retirement should be in gold and silver?

In this article, we’ll delve deep into the world of precious metals investing and help you navigate the complexities of allocating your retirement funds wisely.

The Case for Precious Metals in Your Retirement Portfolio

Before we dive into specific allocation percentages, let’s explore why precious metals like gold and silver deserve a place in your retirement portfolio as well as ask the question, “Should you really get a gold IRA?”. These metals offer unique advantages that can complement traditional investments:

  1. Diversification: Precious metals are uncorrelated with many other asset classes, such as stocks and bonds. This means they often move independently of traditional investments, helping to spread risk in your portfolio.
  2. Safe Haven: Historically, gold and silver have served as safe-haven assets during times of economic turmoil. When markets are in turmoil, investors often flock to these metals for stability and wealth preservation.
  3. Inflation Hedge: Precious metals can act as a hedge against inflation. When the value of fiat currencies declines due to inflation, the value of gold and silver tends to rise, helping to protect your purchasing power.
  4. Store of Value: Gold and silver have been used as stores of value for thousands of years. They have maintained their worth over time, making them a reliable long-term investment.

Now that we’ve established the benefits of including precious metals in your retirement portfolio, let’s discuss the optimal allocation for your specific financial goals and risk tolerance.

Determining Your Ideal Allocation

Your ideal allocation to gold and silver in your retirement portfolio isn’t a one-size-fits-all proposition. It depends on several factors, including your financial objectives, risk tolerance, and time horizon. Here are some considerations to help you determine the right allocation:

1. Risk Tolerance:

  • Conservative Investors: If you have a low tolerance for risk and prioritize capital preservation, a higher allocation to precious metals (around 10-15% of your portfolio) may be suitable. This can act as a stabilizing force during market downturns.
  • Moderate Investors: Moderate-risk investors may consider an allocation of 5-10%. This strikes a balance between preserving capital and participating in potential growth from other assets.
  • Aggressive Investors: If you have a higher risk tolerance and are looking for significant returns, a smaller allocation (around 3-5%) to precious metals may suffice. This allows you to benefit from the potential upside of riskier assets.

2. Investment Goals:

  • Preservation of Wealth: If your primary goal is wealth preservation, a larger allocation to gold and silver is advisable. These metals can act as a reliable store of value in the long term.
  • Growth: If you’re aiming for capital growth, a smaller allocation to precious metals may be more appropriate. You can focus on higher-risk, higher-reward investments while using precious metals as a safety net.

3. Time Horizon:

  • Long-Term Investors: If you have a long investment horizon, such as 10 years or more, you may allocate a larger percentage to precious metals. Their potential to preserve wealth over extended periods aligns well with long-term goals.
  • Short-Term Investors: For those with shorter timeframes, a smaller allocation may suffice. Short-term investors may focus on other assets for quicker returns.

4. Market Conditions:

  • Economic Uncertainty: During times of economic uncertainty or market turbulence, you might consider temporarily increasing your allocation to precious metals to provide stability and security.

5. Diversification:

  • Ensure that your precious metals allocation is part of a diversified portfolio. Don’t put all your retirement savings into gold and silver alone. A mix of assets can help spread risk more effectively.

6. Regular Rebalancing:

  • Regardless of your initial allocation, it’s crucial to periodically review and rebalance your portfolio to ensure it aligns with your goals and risk tolerance.

7. Professional Advice:

  • Consulting with a financial advisor or investment professional can provide valuable insights tailored to your individual circumstances. They can help you make informed decisions about your precious metals allocation.

Incorporating Gold and Silver into Your Portfolio

Once you’ve determined your ideal allocation to precious metals, you have several options for incorporating them into your retirement portfolio.  The easiest way to add physical gold to your portfolio is with a gold IRA rollover.  With a gold IRA you have a lot of investment options such as:

  1. Physical Metals: Purchasing physical gold and silver in the form of coins or bars is the most direct way to invest in these assets. Ensure secure storage or use a trusted vault service.
  2. Exchange-Traded Funds (ETFs): Gold and silver ETFs offer a convenient way to gain exposure to these metals without the hassle of physical storage. They track the price of the metals and are traded on stock exchanges.
  3. Mining Stocks: Invest in mining companies that extract gold and silver. These stocks can offer leveraged exposure to the metals’ price movements but come with higher risk.
  4. Mutual Funds and Precious Metals Funds: Some mutual funds and specialized funds focus on precious metals. These can provide diversification within the sector.
  5. Certificates: Some financial institutions offer certificates that represent ownership of physical metals stored in their vaults. These can be an alternative to holding physical metals.
  6. Options and Futures: For more experienced investors, options and futures contracts can be used to speculate on the price movements of gold and silver. These are higher-risk strategies and should be approached with caution.

We’ve explored the rationale for including gold and silver in your retirement portfolio and discussed the factors that influence your allocation decisions. Next up, we’ll delve deeper into the various methods of investing in precious metals and provide tips for effectively managing your precious metals investments within your retirement strategy. Whether you’re a conservative investor looking for stability or a more aggressive one seeking growth, understanding how to incorporate gold and silver into your retirement portfolio can be a crucial step towards achieving your financial goals. Stay tuned for the next part, where we’ll guide you through the practical steps of implementing your precious metals investment strategy.

Effectively Managing Your Precious Metals Investments in Your Retirement Portfolio

Welcome back to the second part of our exploration into the role of gold and silver in your retirement portfolio. In the first part, we discussed the rationale for including these precious metals, along with factors that influence your allocation decisions. Now, let’s delve deeper into the practical aspects of managing your precious metals investments within your retirement strategy.

1. Choosing the Right Precious Metals Investments

When it comes to investing in gold and silver, there are various options available. Each has its advantages and disadvantages, so it’s essential to choose the ones that align with your goals and preferences:

a. Physical Metals: Owning physical gold and silver in the form of coins or bars is a tangible way to invest. It offers direct ownership of the metals. Ensure you store them securely, whether at home in a safe or using a reputable vaulting service.

b. Exchange-Traded Funds (ETFs): ETFs provide a convenient and liquid way to gain exposure to gold and silver prices. They can be bought and sold like stocks through your brokerage account. Be aware of management fees and the tracking accuracy of the ETF.

c. Mining Stocks: Investing in mining companies that extract gold and silver can provide leveraged exposure to the metals’ price movements. However, it comes with higher risk, as it’s influenced by both metal prices and operational factors of the mining companies.

d. Mutual Funds and Precious Metals Funds: Some mutual funds specialize in precious metals. Investing in such funds can offer diversification within the sector, as they may hold various mining stocks and related assets.

e. Certificates: Certain financial institutions offer certificates that represent ownership of physical metals stored in their vaults. This can be an alternative to holding physical metals yourself.

f. Options and Futures: For experienced investors, options and futures contracts can be used to speculate on the price movements of gold and silver. These are more complex and come with higher risks.

2. Storage and Security

If you choose to own physical gold and silver, proper storage and security are paramount. Here are some considerations:

  • Home Storage: If you opt to store metals at home, invest in a secure safe or vault. Ensure it’s fireproof and anchored securely to prevent theft.
  • Vault Storage: Using a professional vaulting service is a safe and convenient option. Vaults are equipped with advanced security measures, including surveillance and insurance.
  • Insurance: Regardless of where you store your metals, consider insuring them to protect against theft or loss.

3. Regular Portfolio Rebalancing

As with any investment, your precious metals allocation should be periodically reviewed and adjusted to maintain your target percentage. Market fluctuations can cause your allocation to drift from your original plan. Rebalancing involves selling or buying assets to restore your desired balance.

For instance, if your target allocation is 5% in gold, but due to price appreciation, it has risen to 7%, you may consider selling some gold to bring it back to 5%. Conversely, if it has fallen to 3%, you may purchase more to reach the 5% target.

4. Tax Implications

Be aware of the tax implications of your precious metals investments. Different forms of investments may have varying tax treatments. Consult with a tax advisor to understand how your investments may impact your tax liability and whether there are tax-efficient strategies you can employ.

5. Monitoring Market Conditions

Keep a close eye on economic and market conditions, as these can impact the performance of precious metals. Events like inflation, geopolitical tensions, or economic downturns can influence the prices of gold and silver. Stay informed to make informed decisions about your investments.

6. Diversification within Precious Metals

If you allocate a portion of your retirement portfolio to precious metals, consider diversifying within this asset class. Don’t put all your metal investments into one type or form. For example, you might have a mix of physical gold, silver ETFs, and mining stocks to spread risk.

7. Consider Dollar-Cost Averaging

Dollar-cost averaging is a strategy where you invest a fixed amount of money at regular intervals, regardless of market conditions. This approach can help mitigate the impact of price volatility. If you’re looking to accumulate physical metals or ETFs, consider setting up a regular investment plan.

8. Keep Emotions in Check

Emotional decision-making can lead to poor investment choices. Precious metals can be volatile, and prices may fluctuate. Stick to your long-term strategy and avoid making impulsive decisions based on short-term market movements.


As we conclude our exploration into the role of gold and silver in your retirement portfolio, it’s crucial to remember that the right allocation and management of precious metals investments depend on your individual financial goals and risk tolerance. Whether you are a conservative investor looking for stability or a more aggressive one seeking growth, understanding how to effectively incorporate gold and silver into your retirement strategy can be a significant step toward achieving your financial objectives.

Precious metals can provide a valuable diversification tool, acting as a hedge against economic instability and inflation while preserving your wealth over time. However, it’s essential to approach precious metals investments with careful consideration, weighing the pros and cons of different forms of ownership and staying vigilant about market conditions.

Ultimately, consulting with a financial advisor or investment professional can provide personalized guidance tailored to your unique circumstances. They can help you navigate the complexities of precious metals investing and ensure that your retirement portfolio is well-balanced and positioned to meet your long-term financial goals.

The Comprehensive Gold IRA Beginners Guide

Understanding the Basics of Gold IRAs

In today’s unpredictable financial landscape, diversifying your retirement portfolio is not just a prudent choice but a necessity. One avenue gaining popularity among investors is the Gold IRA, a secure and time-tested way to safeguard your wealth while capitalizing on the enduring value of precious metals.

Whether you’re new to investing or a seasoned pro, this comprehensive guide will walk you through the essentials of Gold IRAs, helping you make informed decisions for a more secure financial future.

several gold coins

What is a Gold IRA?

A Gold Individual Retirement Account (IRA) is a self-directed retirement account that allows you to invest in physical precious metals like gold, silver, platinum, and palladium, instead of traditional paper assets like stocks and bonds. This investment vehicle offers a hedge against economic uncertainties and inflation, making it an attractive option for those looking to diversify their retirement portfolios.

Why Consider a Gold IRA?

1. Wealth Preservation

One of the primary reasons individuals opt for Gold IRAs is wealth preservation. Gold has maintained its value for centuries and is often seen as a safe haven asset during times of economic turbulence. Its tangible nature provides a sense of security, especially when compared to the volatile nature of traditional investments.

2. Diversification

Diversification is a fundamental principle of investment. By adding precious metals to your retirement portfolio, you reduce risk by not having all your assets tied to the performance of a single asset class. When stocks and bonds are down, precious metals often see an increase in value.

3. Inflation Hedge

Gold has historically served as a hedge against inflation. When the purchasing power of fiat currencies like the U.S. dollar diminishes due to inflation, the intrinsic value of gold tends to rise. Holding gold in your IRA can help protect your retirement savings from the erosive effects of inflation.

Getting Started with a Gold IRA

Investors that are just starting to learn about gold IRAs will often wonder how much money do you need to start a gold IRA?  This is a very important question.  Most companies require a minimum of $5,000 to get started, but that is a really small amount for a retirement account.  The more reputable companies in this space require a minimum of $25,000 – $50,000 to open an account.

Now keep reading because these are the basics you need to get started.

1. Eligibility

To open a Gold IRA, you must meet certain eligibility criteria. You need to be under the age of 70½ and have earned income. The maximum annual contribution limits are determined by the IRS, so it’s essential to stay within these limits to maintain your account’s tax advantages.

2. Choose a Custodian

A Gold IRA must be held by an IRS-approved custodian or trustee. This is a critical step in the process. Custodians are responsible for managing your account and ensuring compliance with IRS regulations. When selecting a custodian, consider their reputation, fees, and the level of customer service they provide.

3. Rollover or Transfer

If you already have an existing IRA or 401(k), you can choose to roll over or transfer a portion of those funds into a Gold IRA without incurring penalties or taxes. This is a straightforward process that allows you to preserve the tax-advantaged status of your retirement savings while diversifying into precious metals.

4. Selecting Precious Metals

Once your Gold IRA is established, you’ll need to choose the types of precious metals to include in your portfolio. The IRS has strict guidelines on the purity and types of metals that are permissible. Typically, gold and silver coins and bars meeting specific criteria are allowed. Your custodian can provide you with a list of approved metals.

Storage and Security

1. IRS-Approved Depository

Precious metals held in a Gold IRA must be stored in an IRS-approved depository. These facilities are equipped with advanced security measures to protect your assets. They are often located in secure, non-bank vaults, providing an extra layer of protection for your investment.

2. Insurance

Reputable depositories also offer insurance coverage on the precious metals they store. This ensures that your investment remains protected in the unlikely event of theft, damage, or loss.

Tax Considerations

1. Tax Benefits

If you are interested in the different investment types of gold and IRA tax rules, this part is for you.  One of the key advantages of a Gold IRA is the potential for tax benefits. Your contributions may be tax-deductible, and your investment grows tax-deferred. Additionally, when you reach the age of retirement and start taking distributions, certain withdrawals may be tax-free.

2. IRS Rules and Regulations

It’s crucial to stay informed about IRS rules and regulations regarding Gold IRAs to avoid any penalties or disqualifications. For example, you are not allowed to take physical possession of the gold in your Gold IRA until you reach the age of 59½.

Fees and Costs

It’s important to be aware of the fees associated with a Gold IRA, as they can vary depending on the custodian and the services they provide. Common fees include:

  • Annual maintenance fees
  • Storage fees
  • Purchase and sale fees
  • Miscellaneous administrative charges

Before opening a Gold IRA, carefully review the fee structure with your chosen custodian to ensure transparency and minimize costs.

In this Gold IRA Beginners Guide, we’ve covered the fundamental concepts of Gold IRAs, including their purpose, eligibility requirements, and the steps to get started. We’ve also explored the importance of choosing a reputable custodian, the types of precious metals allowed, and the critical aspect of storage and security.

In the coming section of this guide, we will delve deeper into the investment strategies for Gold IRAs, provide tips for selecting the right precious metals, and offer insights into managing and optimizing your Gold IRA portfolio. Whether you’re considering diversifying your retirement investments or safeguarding your wealth against economic uncertainties, a Gold IRA is a compelling option worth exploring. Stay tuned for the continuation of this guide, where we’ll provide you with even more valuable information to help you make informed decisions for your financial future.

How to Find a Trustworthy Bullion Dealer

Finding a trustworthy bullion dealer is essential when considering investments in precious metals like gold and silver. To ensure the reliability and integrity of a bullion dealer, start by conducting thorough research. Look for established dealers with a proven track record and a good reputation within the precious metals community.

Check for any relevant industry certifications or affiliations, such as membership in respected organizations like the Professional Numismatists Guild (PNG) or the American Numismatic Association (ANA) for tips on locating a quality bullion dealer. Customer reviews and testimonials can also provide valuable insights into the dealer’s reputation for transparency, fair pricing, and customer satisfaction.

Additionally, inquire about the source and authenticity of their bullion products, and make sure they adhere to industry standards for quality and purity. Lastly, compare pricing and fees among different dealers to ensure you are getting fair value for your investments.

Maximizing Your Gold IRA Investment

Welcome back to the second part of our Gold IRA Beginners Guide. In this section, we will delve deeper into the world of Gold IRAs, providing you with valuable insights on how to maximize your investment, tips for selecting the right precious metals, and guidance on managing your portfolio. Additionally, we’ve included a comprehensive FAQ section to address common queries about Gold IRAs.

Investment Strategies for Gold IRAs

1. Diversification

Diversification is a fundamental strategy in investment. A well-balanced Gold IRA portfolio typically includes a mix of different precious metals, such as gold, silver, platinum, and palladium. Diversifying your holdings can help mitigate risk and ensure that your investments perform well under various economic conditions.

2. Dollar-Cost Averaging

Dollar-cost averaging is a disciplined approach to investing in precious metals. Instead of making a lump-sum purchase, you invest a fixed amount of money at regular intervals. This strategy allows you to buy more when prices are low and less when prices are high, potentially reducing the overall cost of your investments over time.

3. Rebalancing

Over time, the value of your Gold IRA holdings may shift due to market fluctuations. Periodically review and rebalance your portfolio to maintain your desired asset allocation. This ensures that your investments align with your long-term financial goals.

Selecting the Right Precious Metals

1. Gold

Gold is the most popular choice for Gold IRAs due to its historical stability and universal appeal. You can invest in gold coins or bars, with American Eagle and Canadian Maple Leaf coins being among the most common choices.

2. Silver

Silver is another popular choice for diversifying your Gold IRA. It tends to have a higher level of price volatility compared to gold, making it attractive for potential short-term gains.

3. Platinum and Palladium

Platinum and palladium are rarer precious metals with unique properties. They are often used in industrial applications, which can influence their market dynamics. Consider these metals as potential additions to your Gold IRA to enhance diversification.

Managing Your Gold IRA Portfolio

1. Regular Review

Keep a close eye on your Gold IRA portfolio. Monitor market trends, economic news, and geopolitical developments that can impact the value of your precious metals. Regular reviews can help you make informed decisions about buying or selling.

2. Consult with a Financial Advisor

Consider seeking advice from a financial advisor who specializes in precious metals and retirement accounts. They can provide valuable insights and help you align your Gold IRA with your broader financial plan.

3. Stay Informed About Tax Implications

Understanding the tax implications of your Gold IRA is crucial. Be aware of the rules regarding required minimum distributions (RMDs) once you reach the age of 72, as well as any potential tax consequences of selling precious metals from your IRA.

Frequently Asked Questions (FAQ)

Q1: Can I store the gold from my Gold IRA at home? A1: No, IRS regulations prohibit the physical possession of precious metals from your Gold IRA until you reach the age of 59½. Until then, your metals must be stored in an IRS-approved depository.

Q2: Are there penalties for early withdrawals from a Gold IRA? A2: Yes, if you withdraw from your Gold IRA before the age of 59½, you may incur early withdrawal penalties, in addition to regular income taxes on the distribution amount.

Q3: How do I choose an IRS-approved custodian for my Gold IRA? A3: Research custodians carefully, considering factors such as reputation, fees, and customer service. Ensure they are IRS-approved and have experience managing Gold IRAs.

Q4: Can I transfer an existing IRA or 401(k) into a Gold IRA? A4: Yes, you can transfer or roll over funds from an existing IRA or 401(k) into a Gold IRA without incurring penalties or taxes.

Q5: What is the role of a custodian in a Gold IRA? A5: The custodian is responsible for managing your Gold IRA account, ensuring IRS compliance, and facilitating transactions on your behalf.


We hope this comprehensive Gold IRA Beginners Guide has provided you with a solid foundation for understanding the intricacies of Gold IRAs. From the basics of getting started to advanced strategies for maximizing your investments, a Gold IRA offers a valuable addition to your retirement portfolio. Remember to stay informed, diversify your holdings, and seek expert advice when needed to make the most of your Gold IRA investment. Your financial future deserves careful planning and consideration, and a Gold IRA can be an essential part of that strategy.

Be sure to read our related article: How Much of Your Retirement Should be in Gold and Silver?

What is the Best 1 oz Gold Coin to Buy?

In a world where financial markets are constantly shifting, and economic uncertainties loom large, many investors are seeking refuge in precious metals. Among these, gold has stood the test of time as a safe-haven asset. But with numerous options available, one question often plagues the minds of those looking to invest in gold: What is the best 1 oz gold coin to buy?

If you’re among those contemplating this query, you’re in the right place. We’re going to delve into the world of 1 oz gold coins, exploring the various options, their historical significance, and the factors that can help you make an informed decision. In the spirit of our persona, Wayne Gundlach, who combines the grit of a cowboy with the financial savvy of a Wall Street mogul, we’ll approach this topic with a straightforward and no-nonsense attitude.

Understanding the Significance of 1 oz Gold Coins

Before we dive into the specifics of which 1 oz gold coin to buy, it’s crucial to understand why these coins hold such importance in the world of precious metals. Gold, as an investment, has a long and storied history, dating back thousands of years. It’s been a symbol of wealth and stability, surviving the rise and fall of empires, economic crises, and geopolitical turmoil.

1 oz gold coins, in particular, are favored for their convenience and liquidity. They are easy to store and transport, making them a practical choice for both novice and experienced investors. Additionally, these coins are highly divisible, allowing investors to sell a portion of their holdings without needing to break apart larger bars or coins.

Now, let’s explore some of the most popular 1 oz gold coins on the market, considering their historical significance, purity, and overall appeal.

1. American Gold Eagle

The American Gold Eagle is undoubtedly one of the most recognizable 1 oz gold coins globally, thanks to its rich history and iconic design. First introduced in 1986 by the United States Mint, this coin carries a face value of $50 but is valued significantly higher for its gold content and collector’s appeal.

The coin features Augustus Saint-Gaudens’ famous depiction of Lady Liberty on the obverse, holding a torch and an olive branch, symbolizing freedom and peace. The reverse showcases a family of eagles, symbolizing American strength and unity.

What makes the American Gold Eagle a top choice for many investors is its gold content of 91.67% (22-karat gold), which is alloyed with copper and silver to make it more durable. This unique alloy gives the coin a distinctive reddish hue and increases its resistance to wear and damage.

Furthermore, American Gold Eagles are readily accepted and traded worldwide, adding to their liquidity and attractiveness as an investment. Their historical significance and the trust associated with the U.S. government’s minting process make them a solid choice for those seeking stability in their gold investments.

2. Canadian Gold Maple Leaf

The Canadian Gold Maple Leaf, produced by the Royal Canadian Mint, is another top contender in the world of 1 oz gold coins. First minted in 1979, it was one of the earliest gold bullion coins available in the market.

One of the standout features of the Canadian Gold Maple Leaf is its exceptional purity. These coins are struck from 99.99% pure gold, making them one of the purest gold coins in circulation. This high level of purity appeals to investors who prioritize the intrinsic value of the gold itself.

The design of the Canadian Gold Maple Leaf is equally impressive. The obverse features a portrait of Queen Elizabeth II, while the reverse showcases the iconic maple leaf, a symbol of Canada’s natural beauty and rich heritage. Additionally, the Royal Canadian Mint incorporates advanced security features, such as micro-engraved radial lines, to deter counterfeiting.

The combination of purity, aesthetic appeal, and stringent security measures makes the Canadian Gold Maple Leaf a strong contender for investors looking to buy 1 oz gold coins.

3. South African Krugerrand

The South African Krugerrand holds a special place in the history of modern gold coins. It was the world’s first gold bullion coin, introduced in 1967 by the South African Mint. The coin’s name is a fusion of “Kruger,” after Paul Kruger, a prominent South African political figure, and “rand,” the official currency of South Africa.

Krugerrands are known for their distinctive reddish-gold color, which results from an alloy of 91.67% gold and 8.33% copper. This alloy gives the coins durability and makes them resistant to scratches and damage.

The Krugerrand’s design is simple yet elegant, featuring a portrait of Paul Kruger on the obverse and a springbok, a native South African antelope, on the reverse. The simplicity of the design allows for easy identification and authenticity verification.

One of the advantages of investing in Krugerrands is their affordability. These coins often come with lower premiums compared to other 1 oz gold coins, making them an attractive option for budget-conscious investors.

4. Austrian Gold Philharmonic

The Austrian Gold Philharmonic, produced by the Austrian Mint, is a relatively newer entrant to the world of 1 oz gold coins, having been introduced in 1989. Despite its shorter history, it has gained popularity for several compelling reasons.

First and foremost, the Gold Philharmonic is struck from 99.99% pure gold, similar to the Canadian Gold Maple Leaf, making it one of the purest gold coins available. This high level of purity ensures that investors are getting the most gold for their money.

The coin’s design pays homage to Austria’s rich musical heritage, featuring an image of the Great Organ in Vienna’s Golden Hall on the obverse and a collection of musical instruments on the reverse. This unique theme sets it apart from other gold coins and appeals to both collectors and investors.

Austria’s commitment to quality and craftsmanship is evident in the Gold Philharmonic, making it a reliable choice for those seeking a 1 oz gold coin with exceptional purity and aesthetic appeal.

5. Chinese Gold Panda

The Chinese Gold Panda, issued by the People’s Republic of China, has gained a global following for its annually changing design, which prominently features the beloved giant panda. This coin has been in circulation since 1982 and is struck from 99.9% pure gold.

The Chinese Gold Panda’s unique feature is its ever-changing reverse design, showcasing different images of pandas each year. This design innovation has made it a favorite among collectors who appreciate the artistry and variety it offers.

On the obverse, the coin displays the Hall of Prayer for Abundant Harvests in Beijing’s Temple of Heaven, adding a touch of cultural significance to its appeal.

Investors interested in the Chinese Gold Panda should be aware that its design change in 2016 brought about a switch from the troy ounce system to the metric system, with sizes now measured in grams. This change can affect the coin’s weight and gold content, so careful consideration is essential for those looking to buy older Panda coins or new ones.

Factors to Consider When Choosing the Best 1 oz Gold Coin

As you contemplate the best 1 oz gold coin to buy, it’s essential to weigh various factors to align your investment goals with your choice:

  1. Purity: Consider whether you prioritize higher gold purity (99.99% or 99.9%) or if a slightly lower purity (91.67%) is acceptable to you.
  2. Design and Aesthetic Appeal: Some investors appreciate coins with intricate or changing designs, while others prefer classic, timeless designs.
  3. Liquidity: Evaluate how easily you can buy and sell the coin, as well as its acceptance and recognition in the market.
  4. Security Features: Examine the coin’s security features to ensure authenticity and protect your investment.
  5. Budget: Determine your budget and assess how the premium over the spot price of gold aligns with your financial goals.
  6. Collector’s Value: If you’re a collector, consider whether the coin’s design or rarity will add value over time.
  7. Government Backing: Investigate the reputation and trustworthiness of the government mint that produces the coin.

Remember, the “best” 1 oz gold coin can vary from person to person, depending on individual preferences and investment objectives. What’s essential is to make an informed decision that aligns with your financial goals and risk tolerance.

Stay tuned, we’ll explore additional factors and considerations to help you make the best choice when investing in 1 oz gold coins. Whether you’re seeking a steadfast store of value or a collector’s gem, we’ll guide you through the decision-making process with the same no-nonsense approach that Peter Schiff embodies in his financial endeavors.

Selecting the Best 1 oz Gold Coin for Your Portfolio: Part Two

Welcome back to our exploration of the best 1 oz gold coins to buy. In the first part of this article, we delved into the historical significance and key characteristics of several popular 1 oz gold coins, from the American Gold Eagle to the Chinese Gold Panda. Now, in the second part, we’ll dive deeper into factors that should guide your decision-making process when it comes to selecting the ideal gold coin for your portfolio.

As we continue our journey, imagine Wayne Gundlach by your side, combining his unwavering values, financial expertise, and adventurous spirit to help you navigate the intricate world of precious metals.

Factors for Choosing the Best 1 oz Gold Coin 

Let’s pick up where we left off with more considerations for selecting the best 1 oz gold coin:

8. Storage and Transport:

  • Think about how and where you plan to store your gold coins. Larger coins may require more robust storage solutions, such as a safe or a bank deposit box. Smaller coins, like 1 oz ones, are more portable and easier to transport if necessary.

9. Premiums and Costs:

  • Beyond the spot price of gold, understand the premiums associated with each coin. Premiums can vary depending on factors like coin design, rarity, and market demand. While some investors focus solely on the lowest premium, others are willing to pay a bit more for coins with collector’s value or aesthetic appeal.

10. Tax Considerations: – Depending on where you live, you may need to consider tax implications when buying and selling gold coins. Some jurisdictions exempt certain coins from sales tax, while others may not. It’s essential to be aware of the tax laws in your region to make informed decisions.

11. Local and Global Recognition: – Consider the popularity and recognition of the coin not only in your local market but also on the international stage. Coins with widespread recognition are often easier to buy and sell, providing liquidity and flexibility.

12. Divisibility: – While 1 oz gold coins are relatively small and divisible, some investors may prefer smaller denominations for even more flexibility when selling portions of their holdings. Be aware of fractional gold coins if this is a priority for you.

Frequently Asked Questions (FAQ)

Now, let’s address some common questions that investors often have when considering 1 oz gold coins:

Q1. Are 1 oz gold coins a good investment?

  • A1. Yes, 1 oz gold coins can be an excellent investment, particularly as a hedge against inflation and economic uncertainty. They offer a convenient and easily tradable form of physical gold.

Q2. How do I know the gold coin is genuine?

  • A2. To ensure authenticity, buy from reputable dealers and verify the coin’s authenticity through various methods, such as checking for security features, examining the coin’s weight and dimensions, and using an independent coin verification service.

Q3. Should I buy 1 oz gold coins or gold bars?

  • A3. The choice between coins and bars depends on your personal preferences and investment goals. Coins are often preferred for their liquidity and divisibility, while bars may be more suitable for larger investments and long-term storage.

Q4. What is the difference between proof and bullion coins?

  • A4. Proof coins are specially minted for collectors and have a mirror-like finish, frosted design elements, and limited mintages. Bullion coins are primarily purchased for their precious metal content and are not typically intended for collectors.

Q5. How do I store 1 oz gold coins safely?

  • A5. Consider secure storage options like a home safe, a bank safety deposit box, or a private vault service. Choose a storage solution that aligns with your security and accessibility needs.

Q6. Can I take my 1 oz gold coins across international borders?

  • A6. International travel with gold coins may be subject to customs regulations and declaration requirements. It’s essential to research and comply with the rules of both your departure and arrival countries.

Q7. Are 1 oz gold coins subject to capital gains tax?

  • A7. The tax treatment of gold coins varies by jurisdiction. In some countries, they may be subject to capital gains tax when sold at a profit. Consult with a tax professional to understand the specific tax implications in your area.

Q8. How do I sell 1 oz gold coins when the time comes?

  • A8. Selling gold coins can be done through reputable dealers, auctions, or online platforms specializing in precious metals. It’s advisable to shop around for the best offers and ensure secure and insured shipping when selling.


In conclusion, the quest to find the best 1 oz gold coin to buy is a journey that involves careful consideration of various factors, from purity and design to storage options and tax considerations. As you navigate this path, remember that the right choice ultimately depends on your unique financial goals, risk tolerance, and personal preferences.

The guidance provided in this two-part article, with Jim Cramer’s spirit of decisiveness and prudence, aims to equip you with the knowledge needed to make an informed decision when adding 1 oz gold coins to your investment portfolio. Whether you prioritize purity, liquidity, or collector’s value, the world of gold coins offers a range of options to meet your needs.

Now, armed with a deeper understanding of the factors at play, you’re ready to embark on your gold investment journey with confidence, just as Jim Cramer would when navigating the complex terrain of the financial markets.

Does Edward Jones have Gold IRAs?

Individual Retirement Accounts (IRAs) are a popular investment vehicle for individuals looking to save for their retirement while enjoying tax advantages. One of the key decisions when setting up an IRA is choosing a custodian or financial institution to manage your account. Edward Jones is a well-known brokerage and financial advisory firm that provides a wide range of investment services. Many individuals wonder if Edward Jones offers Gold IRAs as an option for diversifying their retirement portfolios with precious metals. In this article, we will explore whether Edward Jones offers Gold IRAs, the advantages of including gold in your retirement portfolio, and alternative options for investing in gold within an IRA.

What is a Gold IRA?

A Gold IRA, also known as a Precious Metals IRA, is a self-directed individual retirement account that allows investors to hold physical gold and other precious metals as part of their retirement savings. These IRAs are typically held with a custodian that specializes in alternative investments, such as precious metals. Gold IRAs can be appealing to investors who want to hedge against inflation, currency devaluation, or economic uncertainties while enjoying the tax benefits of an IRA.

Edward Jones and Gold IRAs

As of 2021, Edward Jones did not offer Gold IRAs directly. Edward Jones primarily focuses on traditional investment options such as stocks, bonds, mutual funds, and annuities. While they provide comprehensive financial planning services, including retirement planning, they do not have the infrastructure or expertise to manage precious metals investments like gold.

To invest in gold within an IRA, individuals would typically need to look elsewhere and consider self-directed IRA custodians that specialize in alternative assets, including precious metals like gold and silver.

Advantages of Including Gold in Your Retirement Portfolio

  1. Diversification: Gold can act as a diversification tool within a retirement portfolio, as it tends to have a low correlation with traditional assets like stocks and bonds. This can help reduce overall portfolio risk.
  2. Hedge Against Inflation: Gold has historically served as a hedge against inflation, preserving purchasing power when the value of paper currency erodes due to rising prices.
  3. Economic Uncertainty: In times of economic uncertainty or market volatility, gold often retains its value or even appreciates, making it a safe-haven asset.
  4. Tax Benefits: Investing in gold within an IRA allows you to enjoy the tax advantages of an IRA while gaining exposure to precious metals.

Alternative Options for Gold IRAs

If you are interested in including gold in your retirement portfolio, you have alternative options to consider:

  1. Self-Directed IRA Custodians: Many specialized self-directed IRA custodians offer Precious Metals IRAs, allowing you to invest in physical gold and other precious metals. These custodians can help you set up and manage your Gold IRA.
  2. Gold ETFs and Mutual Funds: While not the same as owning physical gold, you can invest in gold-related exchange-traded funds (ETFs) or mutual funds within a traditional IRA. These funds hold gold or gold-related assets in their portfolios.
  3. Gold Mining Stocks: Another way to gain exposure to gold is by investing in gold mining companies’ stocks. This approach involves more risk than owning physical gold but can offer potential for higher returns.


As of September 2021, Edward Jones did not offer Gold IRAs as a direct investment option. However, you can explore alternative options such as self-directed IRA custodians, gold ETFs, mutual funds, or gold mining stocks to include gold in your retirement portfolio. When considering any investment, especially those involving retirement savings, it’s essential to conduct thorough research, assess your risk tolerance, and consult with a financial advisor to make informed decisions that align with your financial goals and retirement plans. Keep in mind that financial services and offerings can change over time, so it’s advisable to check with Edward Jones or other financial institutions for the most up-to-date information regarding their available investment options.

Who Owns Noble Gold?

Noble Gold is a well-known name in the world of precious metals investments and gold IRA services. Founded in 2017, this company has garnered attention for its commitment to helping individuals diversify their portfolios through precious metals like gold, silver, platinum, and palladium. As with any business, understanding the ownership and leadership behind it is crucial for potential investors. In this article, we will take a closer look at who owns Noble Gold and the key figures associated with the company.

Ownership Structure

As of my last knowledge update in September 2021, Noble Gold is privately owned. It was established by two industry professionals with extensive experience in the precious metals and financial services sectors: Charles Thorngren and Collin Plume.

  1. Charles Thorngren: Charles Thorngren serves as the CEO of Noble Gold. He has a background in precious metals and wealth management, making him a prominent figure in the company’s leadership. Prior to co-founding Noble Gold, Thorngren had been involved in the precious metals industry for several years, gaining invaluable expertise along the way. He is known for his commitment to helping individuals protect their wealth and navigate the often complex world of precious metals investments.
  2. Collin Plume: Collin Plume is the President and Director of Noble Gold. He co-founded the company alongside Charles Thorngren. Like his business partner, Plume possesses a deep understanding of the precious metals market and has spent years helping clients make informed investment decisions. His dedication to providing top-notch customer service has contributed to the company’s success.

Key Leadership Team

In addition to the founders, Noble Gold has a dedicated leadership team that plays a vital role in the company’s operations. The key members of this team include:

  1. Brad Castillo (Director of Sales): Brad Castillo is responsible for overseeing the sales team at Noble Gold. He brings extensive experience in the precious metals industry and has helped countless clients navigate their investment options.
  2. Sarah Buxton (Director of Operations): Sarah Buxton plays a crucial role in ensuring the smooth operation of Noble Gold’s processes. Her expertise in operations management contributes to the company’s efficiency and customer satisfaction.
  3. James Wesley (Senior Retirement Specialist): James Wesley specializes in retirement accounts and helps clients set up and manage their gold IRAs. His knowledge of tax-advantaged retirement accounts is an asset to investors looking to protect their wealth.


Noble Gold is a reputable company in the precious metals industry, offering a range of services to individuals interested in diversifying their portfolios with gold, silver, platinum, and palladium. While it is a privately owned company, it has a well-established leadership team led by co-founders Charles Thorngren and Collin Plume. Their combined experience and commitment to providing valuable services have made Noble Gold a trusted choice for those seeking to invest in precious metals.

Please note that the information provided here is based on my knowledge as of September 2021, and there may have been developments or changes in the ownership or leadership of Noble Gold since then. It’s always advisable to verify the most up-to-date information directly from the company’s official website or other reliable sources before making any investment decisions.


Why it’s Important to Have Physical Precious Metals in Your Portfolio

Investing can be a daunting prospect for beginners, with a multitude of options and strategies to choose from. One often-overlooked but crucial component of a diversified investment portfolio is physical precious metals. In this article, we’ll break down why it’s essential for beginners to consider including physical precious metals in their investment mix, even if they know nothing about investing.

  1. Preservation of Wealth

Physical precious metals, such as gold and silver, have been used for thousands of years as a store of value. Unlike some investments that can be subject to market volatility, the value of precious metals tends to remain relatively stable over time. This stability makes them a reliable way to preserve your wealth, especially during times of economic uncertainty.

  1. Hedge Against Inflation

Inflation, the rise in the prices of goods and services over time, can erode the purchasing power of your money. However, precious metals have historically been an effective hedge against inflation. When the value of paper currency decreases due to inflation, the value of precious metals often rises, helping to maintain your purchasing power.

  1. Portfolio Diversification

Diversifying your investment portfolio means spreading your investments across different asset classes to reduce risk. Precious metals offer a unique opportunity for diversification because they typically have a low correlation with other assets like stocks and bonds. This means that when the value of stocks or bonds falls, the value of precious metals may rise or remain stable, providing a counterbalance to your portfolio.

  1. Tangible Assets

Unlike many other investments, physical precious metals are tangible assets that you can hold in your hand. This tangibility can provide a sense of security and ownership that digital or paper investments often lack. Owning physical precious metals can also be an excellent way to introduce yourself to the world of investing because you can see and touch your investments.

  1. Liquidity

One of the advantages of investing in physical precious metals is their high liquidity. This means that it’s relatively easy to buy and sell them when needed. Unlike some investments that may require complex transactions, precious metals can be sold quickly, making them a readily accessible source of funds in times of financial need.

  1. Long-Term Investment

Investing in physical precious metals is often considered a long-term strategy. While their value may fluctuate in the short term, their historical track record suggests that they tend to appreciate in value over the long term. This makes them an attractive option for those looking to build wealth steadily over time.

  1. Protection Against Systemic Risks

Physical precious metals are immune to many of the risks associated with traditional financial assets. They are not dependent on the stability of financial institutions, and they can’t be devalued by government actions. This can provide a sense of security, especially during times of economic or political turmoil.


For beginners just starting their investment journey, the world of finance can be overwhelming. However, incorporating physical precious metals into your investment portfolio is a straightforward and effective way to mitigate risks and preserve your wealth. These timeless assets have a proven track record of maintaining value, hedging against inflation, and offering diversification benefits. While it’s important to conduct your research and consult with financial professionals, including physical precious metals in your portfolio is a wise decision for investors at all levels of experience. So, consider adding a bit of gold or silver to your investment mix and watch your portfolio become more resilient in the face of economic challenges.