Are you considering placing gold in your IRA? This seems to be a growing trend and I can definitely understand the reasons why. With the market volatility gold has become a hedge against any major fluctuations in the market. With so many threats to the sovereign debts around the world what was consider safe bets are now considered risky. Even the United States has lost its tripe A rating with S&P, this is something that has never occurred before in the history of the United States. Truly we are living in turbulent financial times.

So investing gold in your IRA is quite a wise idea. But then how does one go about this? Well first off you need to find a company that is willing to handle all the details and store the gold for you. There are not many companies that are willing to do this. However, there is one that has a great record and can has a long history of investing and storing the gold for you. If you can set up an account with Regal Assets they will take care of all of the issues with setting up a self directed IRA and storing your gold.

The United States government only allows certain types of gold coins to be invested in your IRA. There are the following:

• American Eagle gold coins
• U.S. Buffalo Gold Uncirculated coins
• Gold Bars and Gold rounds
• Canadian Maple Leaf gold coins
• Australian Kangaroo/Nugget gold coins
• Austrian Philharmonic gold coins
• Credit Suisse gold – PAMP Suisse gold Bars .999

Furthermore all of these coins must be at least 99% pure gold in order to be viable in your IRA. Anything less than that and you could suffer from tax penalties. The best way to ensure that you are investing in the right coins is to use a trusted expert.

You can also invest in silver with your IRA and this is also a wise option. By diversifying your metal portfolio you will be able to anticipate any major fluctuations in the markets. Of course you can only invest in only a certain type of silver coins for your IRA if you are in the United States. These coins are:

• American Eagle coins
• Canadian Maple Leaf coins
• Austrian Philharmonic coins
• Australian Kookaburra coins
• Mexican Libertad coins

Whether you are investing in gold or silver having a hedge against the fluctuations in the markets is a wise idea in order to ensure your money is kept safe. The number one rule of investing is to keep the money you have first and then to make even more money long term. No one wants to lose money over the course of time that is just not a good way to invest your money.

The best investment you can do is make sure you have some piece of mind before you go to bed at night. If you are up at night fretting over your investment portfolio because of a panicky market then this stress would simply put you in danger of a heart attack. No one wants that!