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You fund your IRA, then use your IRA funds to buy bodily gold coins or bars. This action can usually be carried out with out incurring early withdrawal penalties, maintaining the tax advantages of retirement savings whereas diversifying the investment strategy. Or rather, if you need to make use of those funds to purchase gold straight, you must take a distribution from your 401(k) plan if it is allowed, pay any relevant taxes and penalties, and then buy gold. This implies that you just w