Goldco Precious Metals Blog

Markets Are at an All Time High – Why That’s a Problem

Hi, I'm Ron Paul, former Presidential candidate and US Congressman. If you follow the news, you’ll know that stock markets are near their all-time highs. The Dow Jones Index surpassed the 20,000 point mark for the first time this year, and even broke 21,000 points in March. That’s over 4,000 points higher than its lowest mark in 2016. The...

Ron Paul on Inflation and Retirement

Retirement is becoming increasingly difficult in today’s world. Social Security benefits are meager, and the program itself will eventually collapse under its own weight. That’s why it’s important to have your own retirement savings, such as an IRA or a 401(k). But inflation erodes the value of those savings over time. The money you save today won’t be worth...

Ron Paul on Central Banks and Money Printing

"I have been a long-time opponent of the Federal Reserve System. The Fed’s loose monetary policies have fueled bubbles and financial crises almost from the Fed’s inception in 1913. Prices have risen continuously since that time, and especially since the dollar’s last link to gold was broken in 1971. More recently, the Fed has engaged in policies of quantitative...

The Case for Silver

"While the stock market has been reaching all-time highs in recent weeks, those numbers are deceiving. Many experts believe that stock markets are in a bubble, and that the markets are on the verge of a crash. Bond markets, too, have been in a years-long bubble because of trillions of dollars of central bank bond purchases. Once central banks...

Are Interest Rates Going Up Sooner Than Expected?

The recent announcement from the Federal Reserve that it plans to shrink its balance sheet has got some investors nervous that interest rates may be about to significantly increase. This creates a substantial risk for those who are invested in rate-sensitive products, particularly ETFs and mutual funds that invest in companies that borrow extensively.

Geopolitical Factors Driving Gold Prices Higher

The economy is very much influenced by the events going on in the world. The Brexit vote, for example, caused both the pound and the euro to weaken considerably, and the dollar to grow stronger by comparison. The announcement of a federal interest rate hike is nearly always met with a decline in the stock market. Everywhere you look,...

End-of-April Government Shutdown Might Impact Economy and Personal Investments Immediately

It's not new knowledge that U.S. debt management is somewhat out of control, but amid so many urgent economic and geo-political stories, investors might not realize that the U.S. debt ceiling suspension expired as of March 16. With the clock — and the dollars — ticking away by the minute, Congress doesn't have a lot of time to act...