TRANSCRIPT:

Gold is surging, equities are shaky, and maybe you’re wondering is now the time to buy gold. Should you hold it physically, keep it in your IRA, or just click and buy it in your brokerage account? Let’s break it all down.

Hey, I’m Hunter Brockway with Boca Retirement Strategies. We help you retire successfully with more money, less stress, and fewer taxes. In this video, I’ll show you exactly how to invest in gold, your options for holding it, and the real risks behind the glitter, including what most people overlook.

Option number one: Buy physical gold.
You can buy coins or bars directly from dealers like AP, Mex, or JM Bullion. From there, you have two choices: Let them store it for you in a secured vault or have them ship it to your door. Just be ready to insure and secure it. Now, if you’re thinking, I’ll hold this in my IRA, pause a minute. You can buy gold inside of an IRA, but you cannot physically possess it. The IRS requires a third-party custodian to store the gold. Your IRA gold, or it’s treated like a taxable distribution.

Number two: Know the selling strategy.
Buying gold is actually the easy part, but selling it, that’s where fees can bite. Many dealers charge broker fees or offer below market rates when buying back. So always ask, what’s the spread between the buy and sell price? Are there storage or liquidation fees? Having an exit plan before you invest will save you thousands later.

Number three: Buying gold on paper.
If you prefer to keep things simple, you can invest in gold through your brokerage using ETFs like GLD. That’s the spider gold shares ETF. These track the price of gold and are backed by physical holdings. No need for vaults, shipping, or selling to dealers. Plus, they’re liquid, so you can sell instantly like any other stock in your portfolio. Just note, you’re exposed to gold’s price, but not holding the actual coins.

So what’s driving gold’s price right now?
Gold’s recent run isn’t just hype; it’s tied to real economic forces. Central banks around the world have been major gold buyers. It’s acting as a hedge against uncertainty, inflation, and currency risk. Historically, gold is not highly correlated with stocks (just 21%). In the worst 5% of stock market years, when the S&P fell 25%, gold still gained 2% on average.

But here’s the caution: gold is now at a record high relative to inflation (the CPI measure). That doesn’t mean it’s going to crash, but it’s something to watch.

So, should you buy gold right now?
That depends. If you’re looking for portfolio diversification, gold still plays a strong role. But if you’re chasing returns or planning to go all-in, slow it down. Gold is volatile, and historically it doesn’t generate income. If your plan relies on growth or dividends (as most do), be careful. And always match your gold exposure to your risk tolerance and goals.

To wrap it all up: buy gold physically or in your IRA, but know the rules. Have a clear exit strategy before buying, consider ETFs like GLD for convenience, and don’t forget it’s a diversifier, not a magic bullet.

If you have any financial questions, you can send them to contact@bocaretirement.com. Bye.

Before you go, if you’re looking for a free, tax-smart retirement plan tailored to your unique situation, head over to our website at bocaretirement.com, enter your information in the pop-up, and we’ll build you a plan tailored to your unique situation at no cost or obligation. If that pop-up doesn’t show for you, no worries, just send us an email at contact@bocaretirement.com. Again, that’s no cost, no obligation. We’ll put together a simplified plan for you to help you take the next steps towards a successful, stress-free retirement with more money and fewer taxes. See you over there. Bye.