A Gold and Silver-Backed IRA is a self-directed retirement account that allows investments in physical gold and silver, offering a hedge against inflation and market volatility. These IRAs provide tax benefits like traditional IRAs while holding tangible assets instead of stocks. To set one up, you need a custodian specializing in precious metals and secure storage for the assets. Gold and silver-backed IRAs are popular for diversifying retirement portfolios and protecting savings from economic uncertainty. gold and silver backed IRA