Credit Suisse Gold Bars and Gold IRAs - By: Chris Swiss

Diversifying an IRA over several products is a popular choice for many Americans as it allows them to spread their risk over several different markets. One such product that has performed spectacularly in the last decade is gold bullion. With the long-term outlook still looking very rosy for gold, this article discusses how you can add gold bullion to your IRA.

Adding Gold Bars to an IRA
Some of us still think that the only gold bullion allowed in your IRA is the 22 karat American Gold Eagle coin. However, the Tax Payer Relief Act of 1997 changed that to include gold bullion bars as well. The advantage of gold bars over gold coins is that they carry a smaller 'mark-up' or 'premium'. In other words, they cost you less to buy. In addition, the premium is smaller for bigger bars. So if you plan to add 10oz of gold bullion to your IRA, you will pay less by buying one 10oz bar than 10 1oz bars.

When buying gold bars, there are also a couple of legal issues to bear in mind:

# 1 - Purity
Gold bullion bars for IRA must have a minimum purity of 99.50% or what is also know as 9950 fineness. Credit Suisse gold bars are 99.99% pure (9999 fineness) and are therefore a perfect choice.

# 2 - Accreditation
The bars must be hallmarked by assayers approved by the New York Mercantile Exchange or NYMEX, the biggest bullion exchange in the US. One such approved assayer is Valcambi, the refinery that has been producing Credit Suisse gold bars for over 40 years. Their famous hallmark 'CHI Essayeur Fondeur' can be found on all of their minted gold products.

The next step is identifying companies that can help you restructure or establish a new IRA. Two companies with a proven track record in precious metal IRAs are Goldstar Trust and Entrust.

Hopefully this article has helped you understand better how you can add gold bullion to your IRA and why Credit Suisse gold bars are an excellent choice. As a final note, remember that it may be more convenient to buy gold directly rather than involve it in your IRA.

About the Author

Do you want to profit from the massive increase in gold that is yet to come?
In the past 2 years, gold has increased a whopping 50%, yet more is to come!

Click on the link for lots more FREE information on Credit Suisse gold bars and how you can be a part of the greatest bull market of this decade.

http://finesuissegoldbars.com

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