Since 1997 when the Tax Payer Relief Act was enacted, individuals have been allowed to hold various precious metals including gold, silver, platinum and palladium in the form of bars, bullions or coins in their Individual Retirement Accounts. For millennia gold has been a very reliable store of value since it hardly ever loses its worth. Gold is the basis of all countries’ wealth and as such its demand keeps on rising and rising regardless of the prevailing economic conditions.
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