Depending on which economist you ask, we are either in a recession or are about to be in one. The definition of “recession” has been adjusted so many times over the past couple of years that it has become a punchline, albeit one that’s not very funny for average Americans.
“Market turbulence always prompts people to seek the financial safe haven of physical precious metals, but this latest round of recession fears has been more pronounced than I’ve seen in years,” said Jonathan Rose, CEO of Genesis Gold Group. “They’re feeling the economic tremors and they’re wondering if the ‘big one’ is about to hit.”
Americans at or near retirement-age are watching their IRAs, 401(k) plans, and other retirement accounts getting decimated. What makes it doubly concerning is that rampant inflation is hitting them hard at the same time.
Genesis, a faith-driven Gold IRA company, helps Americans navigate the waters to rollover or transfer their current or past retirement accounts into one that is backed by physical precious metals. They make it possible for people to defer taxes and seamlessly move their life’s savings into the financial “higher ground” of gold and silver.
“Gold prices have gone up over 50% in the last two years alone and many are predicting it will spike in the coming years,” Rose continued. “But it’s silver that really has our interests piqued with some experts projecting even faster gains than gold.”
On top of recession and inflation, there are many who are concerned about the coming presidential election. It’s not just about whose policies will be guiding the economy in the years to come. It’s about the expected turmoil that could come regardless of who wins.
Genesis Gold Group offers a free, definitive gold guide that informs Americans about their retirement options. It highlights the benefits but also warns of the challenges of making this important financial move.
“I always say that an educated investor is the best investor,” Rose continued. “The more informed someone is about a Gold IRA, the more likely it is that they will work with us instead of someone else.”
Reach out to Genesis Gold Group today to learn how they can help protect your retirement accounts with physical precious metals.
I closed my 401K a few days ago, right before the big crash. It is only a small amount but I would like to put half of it in gold and half in crypto. I am not sure how to buy gold. I dont feel safe buying it online. I would appreciate your advise.