Financial planners are now recommending physical gold to high net worth individuals as a hedge against inflation and market volatility. Since 2001 high-net worth investors are flocking to physical gold as part of an overall asset allocation strategy. Tax strategy experts are recommending gold IRA plans for portfolio diversification.
Tax specialists at the Capital Gold Group-sponsored the annual “Tax Strategies for High Net Worth Individuals” conference in Las Vegas this week, discussed the shrinking U.S. dollar—the U.S. Dollar Index has declined over 30% since the year 2002 while physical Gold prices have increased over 200% since 2002.
Gold IRA plans provide both traditional tax-deferred benefits and a safe haven asset allocation, creating a wealth preservation strategy for high net worth individuals.
Physical gold assets are “the missing link” in most portfolios today, according to Jonathan Rose, CEO of the Capital Gold Group. Jonathan Rose is a recognized speaker and commentator for worldwide gold markets, including the United States, Hong Kong, Singapore, China, India and Europe.
Tax strategies including wealth preservation and tangible asset financial planning were key topics at the tax strategies conference.
