SOURCE: Goldco Precious Metals

Goldco Precious Metals

March 08, 2016 07:00 ET

Goldco Precious Metals Releases FREE Ebook: Top 5 Reasons To Convert Your IRA To Gold

LOS ANGELES, CA--(Marketwired - March 08, 2016) -  January 2016 set records for all the wrong reasons. The first two weeks of market returns were the worst on record. Contributing to the sharp decline: Continuing upheavals in China's economy, a worldwide collapse in oil prices and concerns about the Federal Reserve's plans to continue raising rates as other countries lowers theirs; with Japan going so far as to announce negative interest rates.

The tumult is stoking fears of a 2016 recession, as experts from Citigroup and the IMF and even George Soros predict one is either on the way or already here. The hundreds of thousands of layoffs that have been announced or have already taken place this year seem to bear out those fears.

"The people calling me are frightened," says Trevor Gerszt, founder and CEO of Goldco Precious Metals, the leading provider of gold IRAs in the U.S. "More and more baby boomers are nearing retirement, and people in their fifties don't have time to recover from a stock market crash before they're going to need those funds." Adding to their stress, many prospective retirees are still trying to recoup losses from the Great Recession of 2008.

"Many are petrified their portfolios will again become worthless, and they're also scared for their jobs," says Gerszt. The precious metals expert says with the current state of the market his phones haven't stopped ringing. "People want to roll over their 401(k)s and other retirement accounts to gold IRAs as quickly as they can to stop the hemorrhaging."

Historically gold has been a safe haven investment; one that retains value despite market volatility and downturns. Recently, as world markets plunged, central banks from Russia and China to Germany and Kazakhstan have been on gold-buying sprees. Gerszt says he wants individual investors to know they too have that opportunity, and how gold can help them curb market losses, so he's created a free eBook that details the advantages of gold IRA rollovers.

"We want people to know what their options are, and that owning gold is easier and more affordable than many of them think."

A gold IRA gives small investors who don't have lots of spare cash the chance to get in on the safe haven asset. "People may not have thousands to spare from their daily budget, but they have some set aside in their 401(k) or other retirement account. The people who call me are watching their balances slip and they want to know if gold will protect them from these market drops. So we do a gold IRA rollover and all of a sudden they're invested in gold!"

He points out that whether a client puts all or just part of their retirement funds in gold; they still enjoy all the tax advantages of traditional IRAs.

Goldco, named one of the fastest growing companies in the U.S. and top Gold IRA provider nationwide by Inc. 500, is offering the eBook "Top 5 Reasons to Covert Your IRA to Gold" to all U.S. consumers free here. "Whether or not they ever become a customer," says Gerszt. "This eBook is our way of saying you do have options."

About Goldco Precious Metals
Goldco Precious Metals (goldcopreciousmetals.com), located in Los Angeles, CA, is a privately held retirement services firm specializing in wealth and asset protection. They offer a range of retirement investment accounts including traditional, self-directed and Self Storage IRAs; as well as IRA, 401(k) and 403(b) rollovers. Founded in 2006 by finance and precious metals authority Trevor Gerszt, Goldco also offers direct sales of precious metals coins to collectors and investors. Goldco was chosen the Number One Gold IRA Provider in the nation by Inc. 500 (www.inc.com/inc5000). Goldco also maintains an A-plus rating by the Better Business Bureau (www.bbb.org), has been awarded five stars by TrustPilot (www.trustpilot.com), and Trustlink (www.trustlink.org), and has been rated triple A by the Business Consumer Alliance (www.checkbca.org).

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