Precious Metal Advisor Damion Lupo joins Frederick Advice Givers to dispel the myths and point out the advantages of investing in Gold and Silver. Damion’s story takes us back to when the real estate market crashed in 2008 and he was looking for something safe during the meltdown. He researched and found that precious metals were an investment that was not manipulated by the big wigs of Wall Street. He created a company that is the ONLY one in the US that offers actual delivery to its clients of precious metals as part of a QRP (Qualified Retirement Plan).
One of the unique services you’ll have access to at My Gold Advisor is the QRP, a customized Total Control self directed Gold and Silver 401(k) plan that allows you the option to use your 401(k) or IRA money to buy and HOLD physical gold and silver. Damion’s book on the power of the QRP is available at Amazon.com
Damion explains 4 benefits of investing in Precious Metals that some overlook when looking at investment alternatives being:
1- Ease of Transfer of Assets: With Precious metals being a physical holding, transfer and disposition of investments can be done easier as the product is more liquid.
2- Guard Against Inflation: Precious Metals… Gold, Silver, Platinum, etc are safe guards against inflation as the investment is based on supply and demand not manipulated by Wall Street.
3- Certainty of Investments: Unlike Stocks that are paper investments, Precious metals are physical. Can be held, and can be sold and transferred privately between parties.
4- Counter Party Risk: Because there is Open Trade market for metals, the risk of one party manipulating the value against another is reduced.
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