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Dave Drummond - Have Gold and Silver Within Hand's Reach And Also In No One's Reach

SBTV asks David Drummond of Georgetown Trust about gold self-directed Individual Retirement Accounts (IRAs) and the benefits of going international/offshore to diversify wealth in times of economic uncertainty. Discussed in this interview: 00:53 What is a Self-Directed IRA? 02:08 Difference between an IRA Custodian and an IRA Administrator 03:34 Difference between a 401K, Roth IRA and Self-Directed IRA? 05:35 What does it mean to go international/offshore? 08:04 Favorable jurisdictions and second passports 13:10 Benefits of having international bank accounts 16:38 Governments poking around in foreign bank accounts 22:43 Holding gold offshore to diversify wealth 24:46 Self-directed gold and silver IRA 27:25 Any restrictions to the type of gold and silver that can be bought with IRA 29:26 Asset protection for business owners 33:33 Offshore LLC vs International Business Company(IBC) 38:39 Foreign earning income exclusion(FEIE) Find out more about Silver Bullion: Silver Bulli