Steve Rand
General Manager / Sr. Precious Metals Advisor
Steve Rand is the General Manager and a Sr. Precious Metals Advisor at Scottsdale Bullion & Coin. He brings over 20 years of experience in the physical precious metals markets.
If you’ve been watching spot gold prices, then you know they’ve reached new all-time highs in recent weeks: $1,900 an ounce, $1,950 an ounce, over $2,000 an ounce. Experts forecast $4,000-an-ounce gold in the next 3 years.1
You might think a massive public flight to the safety of gold is behind the record prices. And, in fact, many Americans, including many of the newly unemployed, are rolling over their 401k’s and traditional IRAs into a precious metals IRA. But, these smart investors are largely already longtime gold bugs.
With the current stock market melt-up, it may be just a matter of time before the general public rushes into gold. When they do, gold prices could take off.
Investment decisions, however, should never be rushed into. And they certainly don’t have to be: setting up a precious metals IRA is a quick and easy enough process as it is.
What might you expect when setting up a gold IRA? Watch the video above for the details.
If you have questions, you can give Scottsdale Bullion & Coin a call. Our precious metals advisors are happy to answer your questions. Call 1 (888) 812-9892.