[greeneyes]

What about rolling it over into a gold IRA? If the Dollar devalues by 50%, the value of gold will go up and you should have the same buying power instead of loosing 50% buying power. No taxes due, no penalty due.

If you want to pay off debt, wait till the gold rises in value, then you could take 1/2 of the Gold IRA, pay off the same amount of debt, and sill have a nest egg left. Taxes and penalty will be less expensive in real dollars too. If you are 59 1/2 no penalty applies.

[jroneil]

You want physical gold. It is believe that there is not enough gold to back up the the iras

http://hubpages.com/hub/Gold-Why-Owning-Physical-Metal-is-Better-than-Paper-Metal
just google
tungsten gold bars
your gold ira could be backed with this stuff

is there gold in Fort knox
http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5989271.ece

Even if you have gold you can not eat it! and some one has to want it you want to have like 1/10 oz coins for easy transaction

Also the new finance law is going to track all gold purchases sooo are they going to confiscate it again
Gold has risk also