Gold has recently experienced a remarkable resurgence, setting record highs and drawing renewed attention from both retail and institutional investors. This shift comes as traditional safe-haven assets are increasingly perceived to be under threat.
Strategists at Bank of America suggest that investors, including central banks, should consider reallocating into gold as a means of protecting wealth against persistent inflation and the risks associated with excessive fiat currency creation and government borrowing.
“Gold looks to be the last ‘safe-haven’ asset standing, incentivizing traders including central banks to increase exposure,” said a Bank of America strategist.
As U.S. debt continues its upward trajectory, there are concerns regarding Treasury supply risks. Analysts warn that higher interest rate payments relative to GDP will elevate gold’s appeal in the coming years.
The financial landscape is not solely about U.S. spending patterns; analysts have referenced insights from the International Monetary Fund (IMF), which anticipates global spending could reach 7% to 8% of GDP annually by 2030.
“Ultimately, something has to give: if markets become reluctant to absorb all the debt and volatility increases, gold may be the last perceived safe-haven asset standing.”
The analysts elaborated on how “central banks, in particular, could further diversify their currency reserves.”
Individual investors, especially retirees with their life’s savings locked in retirement accounts, have been increasingly interested in moving their money to gold and silver.
“The general sentiment is that the election will spike precious metals prices,” said Jonathan Rose, CEO of Genesis Gold Group. “If Trump wins, there will be short term chaos from those who hate him. If Harris wins, there will be long-term instability due to her poor economic plans.
“Either way, gold and silver are poised to keep going up for the foreseeable future.”
This is arguably the biggest immediate reason why so many, including Bank of America analysts, believe gold will continue to rise despite being at record levels already. Between election turmoil and an unsustainable national debt, physical precious metals are arguably the most attractive form of investment available today.
“The Committee for a Responsible Federal Budget notes that the national debt is projected to reach a new record high as a share of the economy only three years from now, well within the next presidential term, pushing up interest rate payments as a share of GDP,” they said. “In turn, this makes gold an attractive asset, so we reaffirm our $3,000/oz target,”
Genesis is among the many companies in the United States that rolls over or transfers retirement accounts into IRAs backed by physical precious metals. What differentiates them is their adherence to a faith-driven style of business. This is why their margins and fees are far below the industry average.
“Just as we recommend our clients focus on the long-term, so too do we emphasize lifetime relationships with our clients instead of ‘big hits’ that drive heavy profits for other precious metals companies,” Rose said. “We’re content with win-win engagements so we can all find a safe haven with precious metals together.”
Genesis offers an exclusive Wealth Protection Kit as well as a free, definitive gold guide. Reach out to them today to learn more.
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
