Precious metal IRAs act as a bit of a safety net for many investors since options like gold have a history of withstanding volatility on the market and inflation. These make for an expensive choice than a standard IRA option or perhaps a different investment and could carry, potentially, as much (if not more) risk.

The recommendation for those building a retirement strategy is to ensure your portfolio is robust already with a need to simply diversify the holdings and then put a conservative percentage into a physical metal like gold, silver, palladium, or platinum.

Metals need to add just a “touch of class” to the retirement plan instead of becoming the overall “star of the show.”…