It’s well-established among economists that if Kamala Harris wins the presidential election, gold and silver will likely shoot up in value. But what if Donald Trump wins? With his chances of victory increasing, should gold and silver owners sell now because values will drop during his second term?
“Considering everything we know, it’s ludicrous to think Trump will harm gold and silver prices,” said Jonathan Rose, CEO of Genesis Gold Group. “Gold rose 51% in his first term. I suspect they’ll rise even faster in a second term considering the state of geopolitics today.”
Precious metals have been consistently hitting record highs this year and the vast majority of analysts and bankers are predicting more of the same in 2025 regardless of who wins the election. Companies like BlackRock, Bank of America, and JPMorgan Chase are betting heavily on precious metals. Central banks have been buying up as much gold as they can for three years.
“The economic world is very different than it was in the past when Republican administrations hit precious metals prices,” Rose continued. “If anything, I would expect prices to rise faster following the election because of the turmoil that will hit the nation.”
Genesis Gold Group is a faith-driven company that specializes in rolling over or transferring retirement accounts into a Genesis Gold IRA backed by physical precious metals. They can do so without tax-penalties and often with no money out of pocket, allowing Americans to hedge their life’s savings against geopolitical turbulence.
With U.S. debt projected to hit $54 trillion by 2034, BRICS nations pushing for de-dollarization, and the possibility of war on multiple fronts, it behooves Americans to consider protecting their wealth or retirement with physical precious metals.
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