Is just because Gold IRA is needed for investing other precious materials. Now should the company they have told account with doesn't support precious metals, you would choose a completely new one and perform what's known as the Transfer or Rollover. Posting is preservation of principle and keeping costs down, this isn't the case with a gold mutual fund.
Considering that the dawn of time, mankind has learned that investing in gold coins is a secure decision. Most have based their argument on simple fact that that at the start of the century, gold was priced at $300 per ounce and it rose to $ 2000 in the new year. This will surely affect your savings which can your primary ammo against poverty during retirement. Active investors simply buy gold penny stocks.