Goldco Precious Metals Blog

Forbes: Gold “Set to Soar” in 2019

Original article written by Frank Holmes and published January 14, 2019 on Forbes.com. One of the reasons we recommend gold as an investment in times of financial turmoil is because of its countercyclical nature – gold tends to gain in value when stocks lose value. Only now that stock markets are starting to show signs of weakness is the mainstream...

Tax Refunds Will Still Go Out, But Expect to Wait

When the federal government “shut down” several weeks ago, many taxpayers wondered whether they were still going to receive tax refunds this year. It goes without saying, of course, that even with a shutdown we still have to continue paying our taxes. Thankfully the tax refund situation has been clarified, so taxpayers can still expect to receive their refunds...

Is Dividend Investing All It’s Cracked Up to Be?

When most people think of dividend investing they think of blue-haired old ladies who bought stock in GE, GM, or 3M back when those companies were better known as General Electric, General Motors, and Minnesota Mining and Manufacturing. It’s a conservative approach to investing and wealth creation that has largely gone overlooked over the past 20 years as the...

Bank of England Shocker: Chinese Yuan to Replace US Dollar as World Reserve Currency

We’ve been saying for years that the US dollar will eventually be replaced as the world’s reserve currency. But it’s only now that world financial authorities are admitting the obvious. With the dollar having lost 85% of its value since the gold window was closed in 1971, it continues to lose purchasing power year after year as the Federal Reserve...

Is Jerome Powell the Secret to a Strong Stock Market?

Last Friday the Dow Jones rebounded from a horrendous Thursday session to notch a nearly 750-point gain. The reason for that? As with previous rallies over the past few months, it was comments made by Federal Reserve Chairman Jerome “Jay” Powell. Powell, who has come under significant pressure from President Trump recently to pause the Fed’s rate hikes or...

HSBC: Safe Haven Buying Will Boost Gold Price in 2019

Original article written by Ben Kilbey and published at S&P Global on January 8, 2019. It seems that many investors are finally wising up to what we’ve been saying all along about gold’s performance as a safe haven investment. With many investors concerned about stock market performance this year, gold is set to see increased demand and higher prices. James...

5 New Year’s Resolutions for Investors

A new year means a new start in many ways for investors. Most investors would probably hope to forget about 2018 which, after a tremendous start, ended the year with most assets in the red. Those who bought heavily into stock markets in the hopes that the bull market would continue its magnificent run were sorely disappointed by the...

Forbes Says Gold Has Outperformed Stock Markets And Will Continue to Outperform in 2019

Written by Frank Holmes & originally published Jan 3, 2019 on Forbes.com. The mainstream media is finally coming around to figuring out what we’ve known for years: that gold is a superior investment to stocks. A recent article in Forbes underscores the case for gold, stating that the yellow metal looks to be a solid bet for investors looking for improved...

Fox News: Gold Hits Multi-Month Highs as Stocks Slide

It shouldn’t be much of a surprise that gold is rising in price as stocks are sliding. Gold investors have known for years that gold prices often rise when stock prices fall, as mainstream investors who spurn gold during boom times flock to the yellow metal when market conditions begin to deteriorate. Now gold’s performance is starting to catch...