Gold is the ultimate asset, as the purest form of money that cannot be intervened by any governments, board of directors or politicians the value is strictly following the world’s situation. This is the reason why gold has survived for so many years and will keep continue its survival for years to come.
There is nothing wrong when a person wants to invest in on gold IRA. Even though the world is in a negative state, the price of gold will keep on rising, this is why gold is also called as the crisis commodity and became the main reason investors are turning their 401k into IRA gold or 401k gold. Once an investor decides to put their money on gold 401k, they can still invest on several individual retirement accounts (IRA). Another benefit is the gold IRA transfer feature that is offered, so the investors can control what will happen to his or her gold IRA rollover after the investors passed away.
If you want to keep the current IRA or your 401k account before changing to traditional IRA gold account or a ROTH IRA gold account then you should start liquidating the assets first, since the investments have to be conducted with cash.