Gold Futures
| Gold (GCZ8) |  |
839.0 |
| Gold (GCG9) | |
842.5 |
| Gold (GCJ9) | |
845.1 |
| NYSE Gold (ZGZ8) |  |
844.8 |
| NYSE Gold (ZGG9) | |
842.1 |
| Mini-Sized Gold (YGZ8) | |
845.0 |
| Mini-Sized Gold (YGG9) | |
854.8 |
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Gold and Silver for Retirement
By David Morgan
Founder of the Silver-Investor.com website
The metals are stored at HSBC Bank USAs New York precious metals depository, which is one of the worlds largest and is used by COMEX and other major commodities exchanges. Annual storage fees are charged at a flat fee of $90 per year regardless of the size of the account.
Steps #1 and #2 involves completing the proper forms to transfer the funds to GoldStar. Normally, the funds are transferred directly from an existing IRA or Qualified Retirement Plan.
In Step #3, the IRA investor directs a dealer which precious metals to buy.
In my next issue I will be covering the IRA distribution and which coins and metal qualify.
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