About This Home. REDTAIL SPRINGS RANCH is an iconic two-hundred-acre secluded retreat and sporting ranch featuring meadows, forests, springs, and territorial views. The property features five springs, a creek and seasonal pond. Over thirty thousand Ponderosa Pine trees were planted on this one-of-kind property.
1 Again, fees may vary based on which depository is used. 2  Typical fees, however, may be in the .5 to one percent per year range based on the value of the precious metals. 3  The cost of the precious metals â An investor obviously also has to purchase the desired precious metals from a dealer for his or her IRA account.
In exchange, the Secretary of the Treasury issued gold certificates to the Federal Reserve for the amount of gold transferred at the then-applicable statutory price for gold held by the Treasury. Gold certificates are denominated in U.S. dollars. Their value is based on the statutory price for gold at the time the certificates are issued. Gold certificates do not give the Federal Reserve any right to redeem the certificates for gold. The statutory price of gold is set by law. It does not fluctuate with the market price of gold and has been constant at $42 2/9, or $42.2222, per fine troy ounce since 1973. The book value of the gold held by the Treasury is determined using the statutory price.