
Depending on which economist you ask, we are either in a recession or about to be. The definition of “recession” has been tweaked so many times over the past couple of years that it's become something of a flashpoint, although it's not much fun for average Americans.
“Market turbulence always causes people to seek the financial refuge 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 wondering if the 'big one' is about to hit.”
Americans at or near retirement age are seeing their IRAs, 401(k) plans and other retirement accounts decimated. What makes it doubly worrying is that rampant inflation is hitting them hard at the same time.
Genesis, a faith-driven Gold IRA company, helps Americans navigate the waters of transferring or transferring their current or past retirement accounts to one that is backed by physical precious metals. They allow people to defer taxes and seamlessly move their life savings into the financial “upper fringe” of gold and silver.
“Gold prices have increased more than 50% in the last two years alone and many predict that it will increase in the coming years,” Rose continued. “But it's silver that really piques our interest with some experts projecting even faster gains than gold.”
In addition to the recession and inflation, there are many who are worried about the upcoming presidential election. It's not just about what policies will guide the economy in the coming years. It's about the expected upset that could come regardless of who wins.
Genesis Gold Group offers one free and definitive gold guide which 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 an educated investor is the best investor,” Rose continued. “The more informed someone is about a Gold IRA, the more likely they are to work with us over someone else.”
Arrive at Genesis Gold Group today to learn how physical precious metals can help protect your retirement accounts.
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