Silver as an investment

Fidelity Bans IRA Bitcoin Investments Days After Permitting Them

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Tyler Durden's picture / by Tyler Durden on 12/12/2013 15:18 -0500

Following what we can only imagine was uproar following our discussion of Fidelity “allowing self-directed IRA holders to ‘invest’ in Bitcoin,” the company has very quickly reversed policy… As MarketWatch notes,

 “On an individual basis, we allowed an investor to invest in that Bitcoin Investment Trust,” said Rob Beauregard, director of public relations at Fidelity, in a telephone interview Thursday morning. “We are no longer allowing that.”

The firm is not commenting on why that was allowed, and added “reviews are going on.”


Thanks to BrotherJohnF