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To: TCH

Do not go silver or gold ETF because they may have the same problem. All you get is a piece of paper that says you own gold/silver. Some of these ETF’s may be doing the same thing as the commodities exchanges. You can open an IRA trust that will by physical gold approved for IRA accounts. Check out www.bulliondirect.com, and www.apmex.com for info on IRA approved gold for IRA trust accounts that you can personally open.


42 posted on 04/10/2010 9:02:12 PM PDT by Fee (Peace, prosperity, jobs and common sense)
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To: Fee

SH*T too late... But perhaps I am able to do a rollover from the ETF back into a “gold” IRA? Was also considering to roll the ETF into an annuity (Knights of Columbus) that is backed by solid tangibles (land assets) and guarantees 3 percent return annually. However, still have the problem that the ultimate purpose for the IRA/RTF etc is to fund a down payment on a first home. I do not believe that an annuity can be used that way without penalty (seven years before withdrawal, tax only on interest).


53 posted on 04/10/2010 9:25:08 PM PDT by TCH (DON'T BE AN "O-HOLE"! ... DEMAND YOUR STATE ENACT ITS SOVEREIGNTY !)
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