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Central banks are busy buying gold. In June, the world’s central banks bought 55 tonnes of gold on a net basis. China and Russia and other BRICS countries are moving towards gold and silver. Even Tanzania’s central bank is making a move by creating its first “national gold reserve”.
Why are central banks buying gold?
And why now?
One commenter has the answer: Insurance and control.
Gold is insurance against the collapse of the world financial system. And if the system collapses, those who have the gold will take control.
With the world’s financial system under stress, many regular people are considering the same strategy – they want to get their hands on physical gold and silver. So many Americans are moving retirement accounts into precious metals that some companies are having difficulty keeping up with the demand.
Genesis Gold Group A faith-driven precious metals company, has been able to keep up with demand as their executives anticipated growth. (Also, Gateway Pundit benefits from working with them through this link and the link below).
The primary focus of self-directed IRAs backed by physical precious metals has been Genesis Gold Group from the beginning. They only deal with physical gold and silver as it can be stored in depositories on behalf of the customer.
It is not “paper” or “virtual” gold or silver; Genesis Gold Group Customers can physically view their precious metals at their convenience. And when it comes time to collect payment, they can convert to cash or have their precious metals shipped directly to their homes.
By rolling over any of the different types of retirement accounts their clients currently have, Genesis Gold Group Has simplified the process of securing the life savings of countless Americans.
Genesis Gold Group Given 5 stars by reviewers on the Better Business Bureau website. Here’s what some of them say:
“With the market down, I want to move my IRA to gold/precious metals. I am very happy that I met Genesis Gold Group. they made the process seamless , , , They have knowledge, care and patience towards newbies like me. They kept me informed along the way and checked in several times to see if I had any questions or concerns. I highly recommend it to anyone interested in investing in precious metals.”
“They made it so easy to transfer a portion of the funds from my company 401K to set up a Precious Metals IRA. The people I came across there were friendly and knowledgeable,
“The folks at Genesis Gold Group have been very helpful in transitioning my 401k from stocks and bonds to silver coins. They are patient and explain each step and answer many of my questions along the way.
If you have wealth or retirement that you want to protect with physical precious metals with the backing of a self-directed IRA:
NOTE: The information provided by Gateway Pundit or any related communication is for informational purposes only and should not be construed as financial advice. Gateway Pundit does not provide personal investment, financial or legal advice.