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Rosland Capital - U. S. Gold Eagle Coins in Your IRA.

Posted on | January 12, 2009 |

A while back, I posted my thoughts on the American Eagle gold coins from Blanchard and Company radio ad I was hearing daily. Well, now it seems like every time I turn on the television, I see a commercial for Rosland Capital U. S. Gold Eagle Coins in your IRA. It’s got G. Gordon Liddy (of Watergate fame) as spokesman.

It looks like a scam, but it’s probably not. Having said that, I don’t think it’s what they make it out to be either. Just like the radio ad, the T.V. commercial makes it seem like gold is the only safe investment and that if you own gold, you’ll never have to worry about your retirement.

This is absurd. First, there is no single investment that never loses value. Second, there is no single action a person can take, no single item to buy that will make your life worry free. Sorry, but that isn’t reality. Life is a sequence of ups and downs; a myriad of risks and rewards. Some investments are safer than others, but nothing is without risk.

Rosland Capital is Accredited by the BBB and has no complaints, so they’re not a fly-by-night bunch of charlatans. But that doesn’t mean that the Rosland Gold IRA is a good deal.

For starters, I’m not sure their IRA product holds actual gold. It may just hold paper obligations to gold. This would essentially be the same as buying shares of the iShares Gold Index ETF (IAU) or some similar index.

The price of gold 1991 - 2007.

The price of gold 1991 - 2007. Photo courtesy of Wikinvest

Aside from what you’re actually holding in your IRA, buying gold has its place, but I’m not sold that now is its time for a place in your IRA. I’m no financial planner to be sure, but as I’ve pointed out on my Blanchard and Co post, the price of gold was flat for much of the 90’s, and has really taken off over the past 5 years or so. That’s not to say it won’t continue to rise, but it seems more likely that it will level off and eventually drop in price. Remember oil in mid-2008? We were headed for $200 per barrel oil and $10 per gallon gasoline. Then the housing bubble burst and oil is now around $40 per barrel. I’d wait to buy when the price dips.

Gold does well in uncertain times, and these are uncertain times. However, I personally think that it’s done about as well as it’s going to for this run and we’ve bottomed out on uncertainty. People eventually reach their limit of panic and become numb to further fear and uncertainty. Investors are people too.

I do think gold, precious metals and commodities in general make sense in a retirement portfolio. They tend to zig when stocks and bonds zag, and if you don’t need the money for 10, 20 or 30 years, you’ll make out fine. But remember to diversify! More than 10% in any sector (commodities are a sector play) is more risk than reward over the long term.

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Comments

14 Responses to “Rosland Capital - U. S. Gold Eagle Coins in Your IRA.”

  1. Martin Normsome
    April 2nd, 2009 @ 2:49 pm

    G. Gordon Liddy doing your commercial. You are a big bunch of idiots.

  2. Gold IRA
    May 15th, 2009 @ 2:13 am

    Thanks, I want to learn how to trade gold and I will make mistakes as I learn.

  3. Gold Investor
    July 16th, 2009 @ 11:02 am

    I’ve heard the CEO of Rosland Capital, Marin Aleksov speaking on G. Gordon Liddy and I think you’re right - they’re not a bunch of fly by night charlatans. Mr. Aleksov made a good point that he only recommends that you invest 20% of your portfolio in any precious metal, not just gold. He says that covers 100% of your other investments and serves as a way to back up the money that you can’t afford to lose. He also did say when Liddy asked him about gold IRA’s specifically that you your gold IRA is backed with real gold and they work with a holding company that keeps the gold for you.

  4. Gold Buyer
    July 16th, 2009 @ 5:21 pm

    Getty Capital is committed to our clients, as the price of the US Dollar falls, Gold is a fine way to protect yourself.

  5. Roger Tetrault
    August 6th, 2009 @ 5:38 pm

    Is Rosland Capital that hard up as to have a’gentlemam’and I use that word loosely to have Gordon Liddy do a commercial for you.Don’t he like to do his work at night? Or maybe he was looking for gold when he got inbvolved in the WaterI sure wouldn’t buy a horse from him.gate break-in. Roger Tetrault

  6. Ed Persons
    October 13th, 2009 @ 6:11 pm

    Please send info on investing in Gold. Thank-you

  7. joe biden
    October 15th, 2009 @ 8:57 am

    It’s great that G.Liddy is your spokesman….It drives some left wing nuts Crazy!..I’ll buy from you now!

  8. Georgia Horne
    October 22nd, 2009 @ 6:13 pm

    Shame on you for hiring Gordon Liddy, a convicted felon, to do your commercials. I
    would never do business with you.

  9. Gary Wiles
    November 3rd, 2009 @ 6:36 pm

    If not Rosland Capital, then who?

  10. Milton Bullock / "The Golden Platter"
    November 13th, 2009 @ 6:58 pm

    Please send me a Rosland Gold Investment package @ Milton Bullock
    Post Office Box 375
    Tarboro, NC 27886
    As I would like to know more of how to establish an IRA and buy just pure gold for my future well being.

    Sincerely,

    Milton Bullock / “The Golden platter”
    (252) 823.3740

  11. Paul Hornick
    November 17th, 2009 @ 8:12 pm

    G GORDON LIDDY IS A CONVICTED FELON…………why would any company use him as a reprsentative, and why would anyone after knowing that do business with this company.

    A FOOL AND HIS MONEY ARE SOON PARTED, LOOK AT THE WEB AND SEE ALL THE PEOPLE THAT APPEAR TO HAVE BEEN SCREWED.

  12. greg hauenstein
    November 25th, 2009 @ 5:01 pm

    Dear Sirs, Mr. Liddy was and is an excellent spokesman you couldn’t have picked a better one! He was convicted of a bogus burglary plot “watergate” see “Silent Coup” and refused to participate in the impeachment of one of our finest presidents, Richard M. Nixon. History will show the real story not the socialist smears like they did to Macarthy and now Reagan, excellent chice Rosland!!!

  13. 2009, year in review.
    December 30th, 2009 @ 10:24 pm

    [...] 2008 was a big year for gold, and 2009 was even bigger. Such a bullish environment for gold led Rosland Capital to offer Gold Eagle coins for IRA accounts. [...]

  14. Don Cantrell
    January 27th, 2010 @ 6:39 pm

    G. Gordon Liddy stated that he got into buying gold ten years ago! Is that before or after he got out of prison??

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