- 01 Jan 2023
- Bonds
- Precious Metals
- Comments: 0
You’ve seen the news; you feel the pinch at the pump. But, unfortunately, everything is costing more today than it did just a little time ago.
Those costs do more than just pinch your pocketbook; they impact stock markets, loans, investment costs, and everything. Worse still, as costs increase, people react, which affects the markets, and could drive your investment and retirement accounts down, meaning you lose money.
Did you know that since 1971, the dollar has lost nearly 87% of its purchasing power? Meanwhile, precious metals like gold and silver have increased significantly since then.
With things costing more and the dollar not having the same purchasing power as before, what is the individual family to do to get by and save for the future?
Goldco has the solution. Trusted for over a decade and having helped thousands save for retirement, Goldco helps facilitate investment in precious metals like gold and silver.
Investing in precious metals can help you to diversify your portfolio and protect your retirement savings from economic uncertainty.
After over a decade in the industry and thousands of satisfied customers, Goldco is a leader in the precious metals industry.
Their system and experience can help explain every nook and cranny of setting up a gold IRA.
But before we get into how Goldco can help you, let’s examine the factors at play impacting you and your family.
What Is Inflation
As you’ve seen every day, gas prices, heating prices, food prices, in fact, all prices are on the rise. That’s what most people mean today when they talk about inflation.
But inflation, like we’re experiencing today, stems from an increase in the money supply. This is a factor that is out of your control but can impact your budget, as it increases the cost of all items in an economy, from food and gas to high-ticket items.
The increase in the money supply that began in 2020 sent trillions of newly created dollars into the financial system. It took a while for the effect of that new money to show up in the form of high prices, but it happened eventually. And now the Federal Reserve is trying its best to temper that inflation by slowly pulling some of that money out of the system.
So far the Fed hasn’t been very successful, as inflation has hardly subsided. And every month that inflation remains high, the purchasing power of your dollars decreases.
Even worse, these price increases may be permanent, which is part of the price we pay for high inflation. Permanently higher prices and an ever weaker dollar will make millions of American households worse off.
What Is A Recession
A recession is often defined as two consecutive quarters of negative economic growth, but other factors often come into play. Unfortunately, one of the worst things about a recession is that most people, even the experts, don’t realize that a recession has started until it’s well underway.
The 2008 financial crisis recession actually started in December 2007. Yet in spring of 2008 we were still being assured by government officials that the economy was doing just fine. What does that say about the assurances we’re receiving today?
With high inflation, slowing consumer spending, and a reduction in economic activity, recession is on the way, if it isn’t already here.
So how will individual investors and their families find a way to survive and thrive during this time? But, more importantly, where do you turn to protect your assets and money?
How A Recession Could Impact You
A recession means the economy slows down, hiring stops, layoffs begin, and investments often lose value.
A recession impacts every aspect of society. Very often during recessions, retirement portfolios lose lots of value, resulting in severe financial distress for many.
But despite all the negatives, not everything that happens during a recession has to be negative.
There are alternative investments that can help you during a recession and that can even appreciate while other investments lose their value.
Precious Metals and Inflation
Precious metals have been trusted as safe havens for centuries. Yet despite their performance in protecting wealth during recessions and inflation, many people only rely on them during the very worst of times.
The performance of gold and silver during the stagflation of the 1970s gives an example of what they can do, with those precious metals making annualized gains of over 30% over the course of the decade. And during the 2008 financial crisis, gold gained 25% during the same period that markets fell more than 50%.
Precious metals’ historic performance during times of inflation and recession have made them a go-to for many Americans looking to protect their savings from loss. And Goldco has helped thousands of those people safeguard their savings with precious metals.
What Services Does Goldco Offer?
As a precious metals provider, Goldco facilitates the buying and selling of gold, silver, and other precious metals through a Precious Metal IRA or direct ownership.
Goldco allows retirement savers to roll over their existing retirement accounts to Precious Metals IRAs or to purchase precious metals directly. The company offers the highest buyback guarantee when it’s time for you to sell your precious metals.
You can choose between gold and silver coins or bars when purchasing physical metals.
You can choose from:
Or for silver, you can choose from:
Starting a Precious Metals IRA in 3 Easy Steps
With the volatility and uncertainty in the market today, finding a safe place to park and hold your money can be a challenge. Goldco makes it safe and easy for an investor like yourself to put your money into a safe-haven investment.
As with any investment, there is a potential risk, but precious metals can help minimize the risks associated with other investment products and vehicles.
Goldco has helped thousands of people diversify and move their investments into precious metals. With their Precious Metals IRA, you can easily set up and direct your Precious Metals IRA through Goldco.
In 3 easy steps, you can park your hard-earned dollars in a safe, respected, and trusted Precious Metals IRA.
Open Your Precious Metals IRA
Open your Precious Metals IRA through Goldco by signing an agreement that you acknowledge and understand Goldco’s terms of business and to secure your purchase. Afterward, a representative will be assigned to you to walk you through every step of the process.
Fund Your Self-Directed IRA
Goldco makes it easy to roll over your assets from an existing retirement account into a Precious Metals IRA. Your 401(k), 403(b), TSP, savings, and IRA accounts can often be rolled over and transferred without any tax consequences.
What’s better is that with Goldco’s Precious Metals IRA, you can choose and decide what to do with your investment, making you the boss of your financial future.
Step 3. Purchase Your Precious Metals
Once you’ve set up your account and funded it, you can choose which precious metals you’d like to have as a part of your portfolio.
It’s that simple.
What’s more, Goldco’s staff is highly trained and educated in the benefits of investing in precious metals, helping you make informed decisions. So, whether you’re looking to park your savings or simply diversify your holdings, Goldco makes it as easy as possible.
Goldco Offers More Ways To Safeguard Your Money
For individuals who don’t want to open a Precious Metals or Gold IRA, there are other ways to invest in precious metals to take advantage of the benefits only gold and silver can offer.
Buying gold, silver, and other precious metals outside a Precious Metals IRA is very quick and simple. In 3 simple steps, you can be the owner of precious metals with a guaranteed buy-back option for when the time is right.
Agree And Sign Your Agreement
Securing your precious metals purchase takes a couple of minutes to understand and agree to Goldco’s terms of doing business. Then, after a quick review of our terms, approve and sign our standard customer agreement to set up your account.
Fund Your Account
With various secure ways to fund your account, choose between bank wire of funds, or mailing a check to the main offices in Los Angeles. For checks, Goldco offers a FedEx label to help you avoid paying shipping costs and to help expedite your account funding.
Choose Your Precious Metals
Finally, with your account set up and funded, you can begin to choose which precious metals you want to own. We ship your selected precious metals to you or to an independent insured depository. Your account may even qualify for free storage!
What’s more, Goldco offers a buy back program guaranteed at the highest price. We provide you with the best possible precious metals available and offer the highest buy back price guaranteed when the time is right for you to sell your precious metals purchased at Goldco.
Why Trust Goldco?
Goldco has been in the precious metals industry for over a decade, helping thousands of investors bring stability and security to their investments through owning precious metals.
But don’t take our word for it.
Goldco is so trusted that it has received a AAA rating from the Business Consumer Alliance and is recognized as an A+ business by the Better Business Bureau.
Moreover, none other than Chuck Norris and Sean Hannity endorse Goldco and its services, among many other savvy precious metals investors.
See what Hannity says: “Goldco is the precious metals company that I recommend to my audience, friends, and family.”
Still unsure about Goldco?
Check out Goldco’s reviews on Consumer Affairs, an industry leader in consumer reviews. With over 4,000,000 verified reviews on its site, Consumer Affairs provides some of the best reviews to assist the consumer in making informed decisions.
What Separates Goldco From Competitors
Many precious metals companies on the market offer similar products and investment vehicles. However, what separates Goldco from its competitors is the depth at which its staff will go to educate and assist you with understanding the precious metals market.
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“As a first time investor in precious metals, I was a bit apprehensive. However Goldco answered every question that I had and took the time to clarify the process. I was encouraged to call with any question I might have at any time. I appreciate a company that will walk you through instead of automatically assuming you are an investment expert. I am so pleased with Goldco. I highly recommend them to handle any investment in precious metals. You will not be disappointed!!!”
Jan, BBB
Or take Randall of Art, TX talking about his experience with the staffing at Goldco.
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“My account representative} was extremely helpful with information and knowledge of the whole transaction from start to finish. All of the other employees were very courteous and very professional, and efficient in getting done what need to be done. I would recommend this company to all of my associates.”
Randall Sept. 16, 2022
With years of experience and knowledge in assisting their clients, as well as being rated A+ by the Better Business Bureau and AAA by Business Consumer Alliance, Goldco is raising the bar for people looking at alternatives to traditional investment options.
Why Choose To Invest In Precious Metals With Goldco?
Precious metals are a time-tested, safe haven investment that tend to avoid the fluctuations and volatility of other investment vehicles. They have a track record of gaining value when other assets lose value, as well as gaining in value during times of high inflation.
Choosing an experienced and knowledgeable expert like Goldco can give you peace of mind when you choose to diversify your portfolio with precious metals. Goldco’s combination of experience, knowledge, and ethical business practice is reflected in the thousands of satisfied customers who have trusted them to help them with their precious metals investments.
Diversifying your retirement portfolio or transferring your retirement savings to a safe haven such as precious metals shouldn’t be challenging. But, like every other investment vehicle, do your diligence, explore your options, and find the services that provide you with the best opportunity to succeed in your retirement strategies.