Anyone who receives correspondence from precious metals companies has likely received a flurry of fearmongering emails or texts claiming a victory by Kamala Harris will send gold and silver prices through the roof. This is not false, but one gold company is not only rooting for Donald Trump to win. They believe it’s going to happen.
Genesis Gold Group is one of the few in the industry that is actually rooting for President Trump in November. While most in “Big Gold” pay high-dollar Republican pundits to pitch for them, they quietly donate to and support Democrats. It’s no secret that the precious metals industry thrives when Democrats are in office.
Genesis sees it differently. Because they believe gold and silver should be viewed as long-term hedges against market turbulence, they have the luxury of supporting conservatives openly during elections. But as their Chief Executive noted, there’s no reason for Americans to shy away from precious metals if Trump wins.
“Gold prices were under $1200 an ounce when Donald Trump took office,” said Jonathan Rose, CEO of Genesis Gold Group. “By the time he left the White House for his first term prices had risen by over 50%. It seems likely they’ll perform even better during his second term.”
Rose, a Trump supporter, warned that those who are selling election fear are not positioning themselves or their clients properly.
“We understand the urgency with everything that’s happening in the world but we are still focused on helping our clients in the long-term as well,” Rose said. “Pushing doom and gloom may be effective for sales but it’s disingenuous and potentially dangerous. If gold companies push quick hits due to impending financial chaos, it’s likely their mix of metals in client portfolios are not ideally suited for growth.”
Not all silver and gold offerings are the same, as Rose noted. It’s important for those who are trying to protect their wealth and retirement to put the right coins and bars in their portfolios based on their individual goals and the economic climate.
As a faith-driven company, Genesis Gold Group does not shy away from praying with their clients, especially in times such as this. They have both precious metals experts and pastors on staff to guide their clients into making good decisions.
“We don’t have a crystal ball but we have an excellent road map,” Rose said. “That allows us to place the proper emphasis on important considerations such as bullion versus numismatics, bars versus coins, and silver versus gold. There is not a one-size-fits-all approach to Gold IRAs that can possibly be effective.”
To learn more about what Genesis Gold Group can do, reach out and receive their free, definitive gold guide, or send them questions about your own retirement needs.
