Goldco Precious Metals Blog

How Much Should I Contribute to My 401(k)?

Saving and investing for retirement isn’t something that many people are familiar with until they’re thrust into the workplace and forced to make investment decisions for themselves. No one takes classes on retirement planning, it isn’t taught in high school, and even most parents don’t sit down with their children and go through the essential elements of saving and...

The US National Debt in Perspective

The United States government’s national debt stands today at an astronomical $22.6 trillion. Everyone knows that’s a huge amount of money, but the sum is so large that it just boggles the mind and can be difficult to conceptualize. So here are a few ways of thinking about the national debt that will put it into perspective to help...

Bank of America Makes the Case for Buying Gold

There’s an increasingly compelling case that the gold market we’re seeing right now is in the very early stages of a break-out bull market that will rival the performance gold saw from 2008 to 2011. That bull market saw gold rise from under $1,000 to nearly $2,000 by its peak. And with gold starting its bull market run at...

China Continues to Buy Gold But Clamps Down on Private Sales

The Chinese government continues to add to its gold reserves, with over 100 tonnes added to its reserves over the past nine months. Those purchases show no signs of slowing down anytime soon, and with a heightening trade war with the US, expect those purchases to continue well into the future. But while the government continues to add to...

This One Group Is Driving Stock Market Prices, and It’s Not Mainstream Investors

One of the most perplexing things about stock markets today is that, while most people understand that they’re bound for a correction some point soon, they continue to keep climbing near their all-time highest levels. That’s despite all the pessimism surrounding the trade war with China, the worsening business climate, and an overall gut feeling in millions of investors...

How Robo-Trading Could Destroy Your Retirement Savings

When looking at their investment portfolios, most investors just look at headline numbers. They’re more interested in how the stocks in their portfolios are performing rather than why they’re performing that way, or how those stocks are traded. But the way that stocks are traded today behind the scenes is very important, and it has changed significantly over the...

Retirement Investing 101: How to Invest for Retirement

The idea of retirement is one that most Americans dream of. But the reality of actually planning for retirement can be a daunting one. From setting up retirement accounts to dealing with tax issues, planning for your post-work life can take up huge amounts of time and energy. Maybe that’s a reason so many Americans put off planning and...

Is the US Government Set to Issue Century-Long Bonds?

Record-low interest rates over the past decade have spurred a huge amount of new debt issuance. From the federal government to major corporations to American households, American indebtedness continues to climb. And now it’s beginning to reach another level of absurdity as the Treasury Department has announced that it is looking into the possibility of issuing 50-year and 100-year...

The Real Cost of Government Debt: How Will It Affect Your Retirement?

It’s no secret that the United States government is in terrible financial shape. The national debt stands right now at $22.5 trillion, and most forecasts for future debt growth expect federal deficits to continue adding about $1 trillion per year to that total. But there’s a pretty ominous tipping point that’s coming up really soon that could cause that...