<prompt> Human: Is there anyway to transfer my 401k to precious metals? Ive seen commercials suggesting people to transfer their IRAS to gold and silver. I like the idea of being able to touch my investment, but Im not sure about the process and fees.  <response>: 401k plans are set up by your employer and your options are limited to what the plan provides. I have never heard of any employer offering such a thing, because it doesnt particularly make a lot of sense for them to do.Precious metals are also a generally poor investment. Physical investments are even worse, as they are at risk of loss by theft or fire, and dont carry the same insurance coverage that a precious metal stock index would. 