2024 has been a very strange year for the vast majority of Americans. They’ve seen prices rise, revenue streams evaporate, and savings dwindle. Next month’s election is seen as both an opportunity for change and a reminder that the best-case-scenario for the economy is a semblance of stability.
“I’m voting for Trump but I know even he can’t fix inflation or cost of living overnight,” said Cassie L., a new client for faith-driven precious metals company Genesis Gold Group. “My husband and I feel much better about our life’s savings being backed by silver and gold even if Trump wins, and God help us if he doesn’t.”
Analysts continue to raise their projections for precious metals even as prices sit near record highs. There will be a jarring effect on the economy regardless of who wins in November and nobody knows how much of an impact it will have on IRAs, 401(k)s, and other retirement accounts. This is why so many Americans are rolling over or transferring their life’s savings into Genesis Gold IRAs.
“It’s the U.S. debt that concerns me the most,” said Fletcher R. from Rhode Island. “Neither candidate has offered a plan to cut the deficit and even if Trump makes smart moves we’re still looking at a very long road to recovery.”
Fletcher noted that he, too, is voting for Donald Trump next month. He said that Trump’s first term made gold and silver rise sharply and that was when the economy was looking stronger than it’s ever been.
But there’s more than just history backing a pre-election move for retirement accounts. If a Trump win is matched by GOP control of the House and Senate, Central Banks and governments worldwide will push harder to implement CBDCs.
“I want Trump’s fiscal policies but I know China and others will not be happy,” said Genesis Gold Group client Wendy D. “I contacted Genesis because our enemies would want nothing more than to hurt our economy as much or more than they’ve done under Kamala. The difference is he’ll try to stop them but Kamala will hand them keys to the backdoor.”
Recent Gallup polls indicate the economy is the most important issue for voters in 2024 after falling to #2 on the list in 2020 when Covid was the top concern. Among subcategories, retirement protection was second only to inflation as the biggest economic issue.
A Trump victory will help gold and silver prices rise according to most top-tier analysts, but a Harris victory could make precious metals skyrocket.
“I’ve always said you don’t wait to buy gold, you buy gold and wait,” said Jonathan Rose, CEO of Genesis Gold Group. “That perspective has never been more true than this final month before the presidential election.”
Americans who want to defend their retirement can receive a detailed roadmap by requesting Genesis Gold Group’s Wealth Protection Guide.
