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“You must find a trustee or custodian for the IRA together with an accepted depository. “The precious steel coins or bars must meet IRS fineness standards and should be held by the IRA trustee as an alternative of the IRA owner,” says Moy. “There are also untrustworthy custodians who would possibly steal from their customers’ accounts or commit fraud by selling your valuable metals that they do not actually have nor Best gold ira holdings are planning to purchase,” says Moy. The method for selling bodily gold, ETFs or mining stocks could differ so bear in mind of the particular requirements and fees related to each possibility. In 1995 and 1996, he also served because the Chief Authorized Officer of Nomura Securities, a member agency of the brand new York Inventory Trade. He attended the town School of new York but dropped out.

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