[MrB]

Aye, there’s the fancy part of the idea.

One, you CAN’T do it for any employee plan, it has to be “outside” in a “traditional IRA”. Only these can be converted to a self-directed IRA.

Now, YOU establish “editor-surveyor PM investments, LLC”, of which you are the manager, and your SD IRA is the sole “member” or stock holder.

Now, you direct your IRA custodian to invest 100% in “Editor-Surveyor PM Investments, LLC” and you buy silver/gold and keep it in a safe somewhere where you can touch it.

How do you tell who is honest? :)

Here’s where I heard about it, but I wanted to know if anyone here has actually DONE it:
http://www.thesurvivalpodcast.com/gray-on-holding-silver-in-self-directed-iras

[editor-surveyor]

Some prefer that there be no trail of documents for the PM confiscators to follow.