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Gold just topped $3,400 per ounce for the first time. Central banks around the world have been hoarding gold — and in this era of fluctuating markets, many Americans are looking for the best way to safeguard their retirement savings with gold.
One strategy gaining traction, especially with President Donald Trump back in the Oval Office, is the conversion of traditional retirement accounts into a Genesis Gold IRA. Here’s a look at what this entails and why it’s becoming a popular choice for many.
Understanding the Genesis Gold IRA
A Genesis Gold IRA is a specialized type of self-directed IRA that allows investors to hold physical gold, silver, or other precious metals as part of their retirement savings. Unlike conventional IRAs, which are typically invested in stocks, bonds, or mutual funds, a Genesis Gold IRA diversifies your portfolio with tangible assets that have historically retained value over time.
Those who want to roll over or transfer their retirement accounts can often do so tax-free. This is an important consideration that often gets overlooked until it’s too late.
Why Now? The Trump Effect
During President Trump’s first term, there was a notable push towards policies that could potentially impact the value of the dollar and inflation rates. That yielded a 51% increase in gold prices in his first four years.
Experts are predicting that gold and silver will rise even higher in his second term and the results are already manifesting.
Trade wars will very likely have their desired effects which will push precious metals higher. Then, there’s the challenge with inflation and interest rates.
President Trump’s fiscal policies are designed to benefit those protect their wealth with physical precious metals. He proved that in his first term and he’s already showing it in his second term. This, perhaps more than anything else, is why both Wall Street and Main Street are becoming more bullish about the long-term prospects of gold and silver.
Rebalance For Your Retirement Today
Genesis Gold Group is a faith-driven precious metals company that aligns itself with President Trump’s America First fiscal policies.
Click here to request a free, definitive gold guide that lays out the three-step process for rebalancing for your retirement today.
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