Precious Metals – Red Wave Press https://redwave.press We need more than a red wave. We need a red tsunami. Fri, 08 Nov 2024 02:16:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://redwave.press/wp-content/uploads/2024/09/cropped-Favicon-32x32.png Precious Metals – Red Wave Press https://redwave.press 32 32 Gold Skyrocketed 51% During Trump’s First Term — Will It Do the Same in His Second? https://redwave.press/gold-skyrocketed-51-during-trumps-first-term-will-it-do-the-same-in-his-second/ https://redwave.press/gold-skyrocketed-51-during-trumps-first-term-will-it-do-the-same-in-his-second/#respond Fri, 08 Nov 2024 02:08:22 +0000 https://redwave.press/gold-skyrocketed-51-during-trumps-first-term-will-it-do-the-same-in-his-second/ Now that Donald Trump is officially the President Elect, some are wondering if his presidency bodes ill for gold and silver prices. On the contrary, this is exactly what people “in the know” have been hoping for to keep precious metals prices moving forward just as they did in Trump’s first term.

After the initial post election drop, gold and silver prices started rising shortly after Trump’s victory.

“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 and the vast majority of analysts and bankers are predicting more of the same throughout 2025 now that Trump has won. 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 hurt precious metals prices,” Rose continued. “If anything, I would expect prices to rise faster now that Trump has won because gold and silver are necessary to properly rebuild our economy with his policies.”

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 with little 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.

Genesis has put together a comprehensive Wealth Protection Kit and a Digital Dollar Defense Guide that give stellar insights about what to expect in both the near and distant futures. Request your copies today.

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Gold Holds Steady Despite Rising Dollar: What This Tells Us About a Trump Presidency https://redwave.press/gold-holds-steady-despite-rising-dollar-what-this-tells-us-about-a-trump-presidency/ https://redwave.press/gold-holds-steady-despite-rising-dollar-what-this-tells-us-about-a-trump-presidency/#respond Sun, 01 Sep 2024 01:57:10 +0000 https://economiccollapse.report/?p=214647 The gold and silver bears continue to be wrong. Years of interest rate bumps, a high stock market, and record-breaking precious metals prices should have combined for a major dip in gold and silver at some point, according to those who use traditional models. But things are different today. The world is different.

Even a juiced up U.S. Dollar that rose nicely to end August didn’t take gold down. That tells us two things. First, it means that traditional models around precious metals no longer apply. Second, it means those who influence gold and silver prices behind the scenes must be holding gold and silver because they’re not letting the prices drop.

“We despise the central banks but we watch them like hawks,” said Jonathan Rose, CEO of Genesis Gold Group. “As they continue to quietly stockpile gold and silver, we take it as a cue to put the right mix of metals in our clients’ Gold IRAs.”

With the U.S. presidential election around the corner, will traditional thinking regarding Republican and Democrat administrations hold up? It’s widely acknowledged that if Kamala Harris wins the election, precious metals prices will skyrocket. But the traditional thinking that a Republican presidency could hurt gold and silver prices may be inaccurate.

Lest we forget, precious metals thrived during Donald Trump’s first term with prices moving higher at the same rate as under Joe Biden. That combined with recent quirks in how the markets react to events points to a potential boon for those holding gold, according to Rose.

“This economy is the strangest we’ve seen in decades,” he said. “It tells us that a Trump presidency could be even better for precious metals prices than a Harris presidency because those behind the global economy will try to strengthen themselves to fight Trump’s America First agenda.”

With rate cuts expected in the near future, precious metals prices may spike ahead of the election. Then, it will be a matter of geopolitics that will determine whether they drop, stabilize, or continue to rise after the election.

Either way, physical gold and silver are becoming increasingly popular options for Americans to protect their wealth and retirement. To learn more about how Genesis Gold Group can facilitate the move, reach out to them and receive a free, definitive gold guide.

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