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iTrustCapital Releases New Revolutionary Physical Gold Product on IRA Platform Utilizing Kitco Metals

iTrustCapital
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iTrustCapital, an investment platform for alternative assets in retirement accounts, today launched a new service that utilizes Kitco Metals and Tradewinds Markets Vaultchain™ Gold to deliver a revolutionary new product for precious metals investors. In 2020, we find ourselves in times of unprecedented economic uncertainty. As world governments print ever-growing amounts of money, millions of Americans seek ways to protect their wealth in a system stressing itself to the limits. Even though investors have billions of capital in Gold ETFs like GLD, many others distrust these traditional financial offerings. They want the added security of knowing the gold exists and is tied to an account in their name.

iTrust’s service gives clients the ability to buy and sell physical gold 24/7. Clients place trades through iTrust’s interface and executed through precious metals leader Kitco. The client’s ownership is ledgered on the Tradewinds blockchain with Vaultchain® Technology and securely stored at the Royal Canadian Mint. The assets are 100% backed with physical metals and deliverable upon request through iTrust’s service.

This modern solution solves a significant problem. Physical ownership of precious metals typically carries substantial costs over spot price – especially when custodied for an IRA. The nuts and bolts of transport, storage, and order execution contribute to expenses, at times exceeding 30% of the value of an order.

“I’ve been involved in the gold IRA space for more than a decade. iTrust’s solution to investing in physical gold in IRAs is by far the best option for investors,” said Blake Skadron, Co-founder & Chief Operating Officer at iTrustCapital. “Clients get all the benefits of owning gold and avoid the pitfalls of other IRA models such as paying high markups, dealing with commission sales reps, or suffering from inferior liquidity when it’s time to sell.”