When the financial recession showed its ugly face around this time last year, most of the investors who had invested in risky investments (such as stocks) frantically withdrew their money and transferred it into more safe investment avenues. One of the safe avenues they invested in was gold 401k and gold IRA. Gold price was low and gold was seen to act as a perfect hedge against investment in other assets.
It has been actually observed that, when other investments get whipped, IRA gold tends to stabilize. I myself was one of those people who started to learn the benefits of investing in 401k gold last year. I was interested primarily in gold IRA transfer.
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