In U.S. Money Reserve Reviews, Portfolio Holders Share How They’ve Acquired and Managed Gold and Other Assets

Gold’s long traditions of serving as a medium of exchange and of retaining its value have encouraged some portfolio holders to include it, along with other physical precious metals, in their savings plans, according to U.S. Money Reserve President Philip N. Diehl, who served as the 35th Director of the U.S. Mint.

Many also choose to diversify with gold, Diehl says, because “gold often performs well during periods of strong economies while also being a standout asset during recessions and periods of political instability.” This track record of performance, Diehl says, is why gold is often used as wealth insurance to offset losses in other parts of a portfolio.

Portfolio holders can secure physical gold in two main ways: by purchasing and taking direct possession of the metals or by holding precious metals within a self-directed individual retirement account, commonly referred to as a gold IRA or precious metals IRA. Only physical precious metals that meet certain fineness requirements established by the Internal Revenue Service can be held in a self-directed individual retirement account. The metals also need to be stored in an IRS-approved facility.

“Under the IRS rules, portfolio holders cannot store precious metals products held in an IRA at home,” Diehl says. “That’s a very important fact to understand because some precious metals companies have suggested customers can purchase gold, take possession of it, and still receive the tax benefits of it being part of their IRA — and that’s simply not true. The gold must be stored in a licensed depository.”

U.S. Money Reserve can offer guidance if you’d like to establish and fund a self-directed IRA — and they will also help arrange for your precious metals to be securely delivered to an IRS-approved depository.

One Portfolio holder says she received “incredible customer service” from the company. “I wasn’t even sure who managed my retirement fund from a previous employer,” she states in one of the U.S. Money Reserve reviews shared on Google. “[U.S. Money Reserve] not only found the account but [was] able to get all of my funds transferred into my bank account. Then they helped me understand and [set] up my IRA.”

Portfolio Holders Discuss Obtaining Precious Metals

Another portfolio holder wanted to establish a precious metals–backed IRA.

“I contacted U.S. Money Reserve,” he says in a U.S. Money Reserve review shared on Google. “What impressed me was [that the Account Executive] did not even mention me buying anything. He found out my knowledge of gold, silver, etc., and what my goals were. He also asked questions to make sure he was addressing the correct need I had at that time.”

Within one day, he had an IRA that was backed by gold.

“Since that day, they have followed up to make sure I knew all the facts, made sure I knew they would let me know any market moves. I really feel that my research led me to U.S. Money Reserve for a [reason]. They did exactly what I needed without trying to sell me anything. They got the job done.”

Another looked at three potential companies before converting his savings into gold.

“U.S. Money Reserve made me feel very confident about my choice,” he states in one of the U.S. Money Reserve reviews shared on the Better Business Bureau website. “As our country and the world [seem] to be in such turmoil, I knew I had to make a different choice with my savings to protect it. Gold, I found, is the way; and my choice was U.S. Money Reserve.”

Annette DuBois, California Business Journal