Gold 401k is an Individual Retirement Account scheme that has been creating waves in the financial markets and has gained huge popularity with the savings oriented younger generation. Until now we had been exposed to only shares, bonds, debentures and mutual funds and bank savings accounts and Bank deposits as the preferred means of investing our hard earned money for a profit. Now it has become possible for you to move precious metals such as Gold, Silver and Platinum into your IRA as new investment options. This makes tremendous sense because the value of Gold and precious metals has exponentially increased and this increase has far outstripped the paper currencies like the dollar and sterling. In reality money today ids buying lesser and lesser essentials compared to the yester years. Whereas Gold has more value and converts to more dollars than ever before. Basically, the idea behind the new investment scheme is to park metals into a secured location in trust for you for the duration of your investment and offer you the benefit of an appreciating return.