During a recent interview on QTR’s Fringe Finance, precious metals guru Peter Schiff said it’s possible for gold to rise tenfold just as it has in the past.
“If gold can go from $20 an ounce to $2,600 an ounce, it can go from $2,600 to $26,000,” he said.
But that took decades. The vast majority of Americans are concerned about what their finances are going to look like tomorrow… or even today. The current financial situation in the United States can be described as turbulent in the nicest of terms, but that doesn’t mean there aren’t those looking to the future.
They’re probably not looking at decades, though, as Genesis Gold Group CEO Jonathan Rose noted.
“I appreciate the sentiment and Peter’s right that gold could skyrocket over the years, but the people we talk to want to know what gold and silver will do next week, next month, and next year,” he said. “Even with the retirement accounts that we service, most are seeking safe haven for now and five to ten years ahead at the most.”
Genesis Gold Group is a faith-driven precious metals company that specializes in rolling over or transferring retirement accounts into Genesis IRAs backed by physical gold and silver.
Schiff compared today’s gold bull run to the 1970s. In that decade, gold went from $35 per ounce to over $800. He sees gold potentially hitting $3000 before the end of 2024 and possibly doubling in 2025.
“A lot will depend on what happens with the economy, especially with the port strike happening now and the election around the corner,” Rose continued. “Having physical precious metals in your safe or in a depository may be essential if things get extremely rocky in the markets, which seems likely at this point.”
Those who want to learn how to protect their retirement and life’s savings can request a free Wealth Protection Kit from Genesis.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
