Goldco Precious Metals Ranked #30 in Fastest Growing Companies List

Goldco Precious Metals, the nation’s number one provider of Gold IRAs and Silver IRAs, today announced it has been ranked number 30 on the Los Angeles Business Journal’s list of 100 Fastest Growing Private Companies in Los Angeles County.

The list is an exclusive ranking of private companies that demonstrate the highest revenue growth in the Los Angeles area. The region is home to more than 244,000 businesses, and has been designated “the nation’s top international trade center and manufacturing center” by the County of Los Angeles.

Previously ranked the nation’s number one Gold IRA provider by Inc. magazine, Goldco’s remarkable expansion reflects the increasing desire among Americans for retirement options that offer a high degree of protection from market volatility.

Gerszt believes Goldco’s success is largely due to its personal service orientation. “We speak to every client as if he or she is our very first customer. We want to know what their challenges are and what their hopes for the future are. Then we get down to making it happen for them.”

KEY TAKEAWAYS:

• Goldco Precious Metals, located in Los Angeles, CA, is a privately held retirement services firm
• The company was founded in 2006 by finance and precious metals authority Trevor Gerszt.
• Goldco offers direct sales of precious metals coins and bullion to collectors and investors.

“Placing this high on the list is a wonderful honor,” says Goldco CEO Trevor Gerszt. “Los Angeles is an ultra-competitive business environment. To succeed here is to really be at the top of your game. I’m proud we’ve sustained such impressive growth, with no end in sight.”

Original Source: http://www.marketwired.com/press-release/goldco-precious-metals-ranked-30-in-fastest-growing-companies-list-2175946.htm

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The Gold Retirement Guide For Seniors

The US financial system is based on confidence that foreign investors will continue to pour money into US dollar assets. Gold and the US dollar were once tied together but their ties were cut during the Civil War.

The cash flow of the government will never be insufficient for internal debt because it can create as much money as it needs to deal with that debt but the more money they create the less valuable the dollar becomes.

Whenever the economy is down one of the actions most likely to take place is the government printing more currency driving the value of the dollar lower.

Although there are plenty of advantages to investing in gold there can also be some disadvantages. More costs can be involved at the time of buying/selling gold.

You must pay the entire price of the gold upfront with cash at the time of purchase.

KEY TAKEAWAYS:

•  Because gold is mined rather than made it is more expensive to get and develop into coins or bullions.
• Some people who are uninformed about their investment options get preyed on by gold companies.
• If you are investing $1000s with a company you should expect first-class service and delivery of your gold in days not weeks or months.

“See if your employer will allow you to rollover the funds from your 401K to an IRA account. If they can then that makes everything simple however, if they are not in a position to facilitate that then your other option is to cash-out your 401K and use those funds to start your gold IRA but be prepared to get a 10% penalty charge for withdrawing your money before your 401K has matured if you under the age of 59 ½.”

Original Source: http://www.groundreport.com/gold-retirement-guide-seniors/

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What Does Canada’s Housing Bubble Mean for the U.S.?

If Canada’s housing bubble bursts it could have dire consequences for the United States economy. Currently, debt in Canada is cheap and citizens are taking on more of it. In addition, banks are giving out longer amortization periods on loans. With the Canada being the United States’ largest trading partner this could trigger a domino effect on the housing market on both sides of the border, leaving both economies in trouble.

KEY TAKEAWAYS:

• Debt in Canada is cheap
• Canada’s debt will stay the same or increase as the housing market drops.
• Canada’s and U.S’s economy are intertwined.

“If Canada’s housing bubble bursts before ours does, it could trigger a domino effect that sends us spiraling down sooner than anticipated. If it breaks after ours, or at the same time, it will take away the cushion that we had in the previous recession, making the effects of this one much worse.”

http://www.valuewalk.com/2016/10/canadas-housing-bubble-mean-u-s/

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There Is Only One Right Way to Do a Precious Metals IRA

Recent promotion of self-storing precious metals in your home has been occurring in the IRA industry. There are many things to be aware of when choosing to save for your retirement this way such as taxes and penalties from the IRS if they discover you are storing metals at home. The only surefire way to own physical metal in an IRA without IRS penalties is by choosing a custodian and set up a self-directed account stored in a professional third party vault.

KEY TAKEAWAYS:

• Precious metal IRAs are an attractive investment.
• While current legalities require metals to be held by a third party, some are trying to circumvent these legalities by declaring themselves a company, thereby keeping the metals.
• While this option seems attractive, investors should beware the IRS is liable to put a stop to it.

“There really is only one right way to own physical metal in your IRA. Choose a custodian and set up a self-directed account, purchase bullion from a reputable dealer, and store it in a professional third party vault.”

http://news.goldseek.com/GoldSeek/1473777600.php

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Why Gold And Silver Prices Will Rise Soon

Does investing in gold with a gold IRA make sense? – Bankrate.com

Is it wise to invest in a gold IRA? Over time, it’s been found that gold has a mixed record with begin a good investment. Investing in gold accumulates no interest or dividends, but some would argue that gold is a good investment because gold always has value. Nonetheless, it could be a good way to diversify your investments.

KEY TAKEAWAYS:

• Some conspiracy theorists speculate that humans were put on Earth to mine gold for aliens.
• That would partly explain people’s fervent obsession with the stuff, including investing in gold.
• Investing in gold pays no interest or dividends, but many investors believe that gold will always be worth something.

“As jewelry, gold shines. But as an investment, the track record is mixed.”

http://www.bankrate.com/finance/investing/investing-in-gold-ira-good-idea-1.aspx

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Gold IRA Investment – NuWire Investor

Did you know that gold is considered a liquid asset because it is recognized all over the world? That means that gold is currency everywhere. The value of gold has continued to increase since the 1920’s. Many people invest in gold for various reasons stated in the article. Are you interested yet?

KEY TAKEAWAYS:

• A Gold Backed IRA can serve as protection for your retirement. The Gold IRA Rollover is completely tax-free and hassle free, and a process that is approved by the IRS.
• The process permits you to diversify your retirement plan – even existing IRAs and 401ks from a past employer – by owning gold, and other precious metals, within your retirement plan.
• This Self-Directed Individual Retirement Account allows you to securely own physical precious metals in a tax-deferred account. You will not have to be limited by risky stocks and bonds.

“Gold has an undeniable track record for its purchasing power and wealth preservation that pre-dates the establishment of our modern financial structure.”

http://www.nuwireinvestor.com/gold-ira-investment/

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