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.

Even a juiced up U.S. Dollar that rose nicely to end August didn’t take gold down. That tells us two things. First, it means that traditional models around precious metals no longer apply. Second, it means those who influence gold and silver prices behind the scenes must be holding gold and silver because they’re not letting the prices drop.

“We despise the central banks but we watch them like hawks,” said Jonathan Rose, CEO of Genesis Gold Group. “As they continue to quietly stockpile gold and silver, we take it as a cue to put the right mix of metals in our clients’ Gold IRAs.”

With the U.S. presidential election around the corner, will traditional thinking regarding Republican and Democrat administrations hold up? It’s widely acknowledged that if Kamala Harris wins the election, precious metals prices will skyrocket. But the traditional thinking that a Republican presidency could hurt gold and silver prices may be inaccurate.

Lest we forget, precious metals thrived during Donald Trump’s first term with prices moving higher at the same rate as under Joe Biden. That combined with recent quirks in how the markets react to events points to a potential boon for those holding gold, according to Rose.

“This economy is the strangest we’ve seen in decades,” he said. “It tells us that a Trump presidency could be even better for precious metals prices than a Harris presidency because those behind the global economy will try to strengthen themselves to fight Trump’s America First agenda.”

With rate cuts expected in the near future, precious metals prices may spike ahead of the election. Then, it will be a matter of geopolitics that will determine whether they drop, stabilize, or continue to rise after the election.

Either way, physical gold and silver are becoming increasingly popular options for Americans to protect their wealth and retirement. To learn more about how Genesis Gold Group can facilitate the move, reach out to them and receive a free, definitive gold guide.

We spoke to the CEO of one of our partners, Jonathan Rose at Genesis Gold Group, to learn why this is happening and whether it’s a temporary spike or a sustainable trend. He gave us the main reason it’s happening, then explained why he believes precious metals prices will continue to be sound investments for retirement savings or storing in one’s safe even after the election.

Market Instability

“Major geopolitical events always cause market fluctuations and the attack on President Trump definitely qualifies. Gold, silver, and to some extent cryptocurrencies will see spikes as a result but there are other factors that will likely keep the gains for the long term.

“More indications of rate cuts by the Fed have those holding gold very excited. Those who want gold for their retirements or to store at home are also clearly excited because we’ve had a spike in inquiries just over the past couple of days.”

Cultural Instability

“It’s easy to see the political implications of the attack as President Trump is on track to win by a wide margin. But there are cultural implications that have people on both sides of the political aisle concerned about the future.

“Most notably, Americans are concerned about chaos that could ensue regardless of what happens on election day. These concerns were justified before the assassination attempt and they’re even more justified now. Having ‘safe haven’ investments like physical precious metals is starting to make sense to a whole lot of people.”

“New Normal” in Precious Metals Thinking

“Democrats in power have been good for precious metals prices in the past, but there’s a new paradigm forming that actually favors a Trump presidency benefiting gold and silver. This shift stems from the sustained high inflation that we’ve seen for three years.

“Trump’s policies flourish best with a weaker U.S. Dollar. Combine that with the likelihood of rate cuts in the near future and it’s easy to see why a Trump presidency would help gold and silver prices move up sharply even as we’re at record highs now.”

Genesis Gold Group is a faith-driven company that specializes in helping Americans rollover or transfer their retirement accounts into Genesis IRAs backed by physical precious metals. They exclusively distribute the “Prepper Bar” which can also be purchased directly to be shipped directly to their customers.

WARNING: Stock Market is due for 50% correction taking S&P below 2674.

Tens of millions of households will have their retirement & savings destroyed by being invested in stock market at these levels?

The yield curve has been inverted for +500 days. This has only happened 3… pic.twitter.com/VrIFQW4YwS

— Grant Cardone (@GrantCardone) May 5, 2024

Cardone’s prediction is rooted in the observation that the yield curve has been inverted for over 500 days since July 2022, a phenomenon that has only occurred three times in the past century – in 1929, 1974, and 2009. Each of these instances was followed by a market fall of more than 50 percent. He also pointed out that the S&P 500, a key indicator of the market’s health, fell almost 30 percent in early 2020 but fully recovered within six months.

However, the reliability of the yield curve as a predictor of recession has been questioned by some experts, who argue that it may no longer be as effective a signal as it once was. Despite this, Cardone remains adamant that the current inversion is a clear warning of an impending crisis. He emphasizes that if his prediction comes to pass, it could result in a 75 percent loss for many Americans, factoring in the impact of inflation on the purchasing power of their savings.

Cardone’s warning has sparked a debate, with some commentators on X (formerly Twitter) suggesting that his call to move retirement savings away from established funds and into real estate might be self-serving. However, Cardone has also previously predicted a significant correction in the real estate market, suggesting that this could present an opportunity for individual and family buyers.

Jonathan Rose, CEO of Genesis Gold Group, added to Cardone’s theory with a reminder about more than economic indicators. Geopolitical events combined with the coming presidential election have prompted a company record in the number of inquiries they’re receiving about Genesis Gold IRAs.

“They say Grant’s recommendations are self-serving and they’ll say the same about mine,” Rose said. “The difference is that while I agree that the stock market may be extremely volatile in the near future, physical precious metals are far easier to liquidate than real estate. Moreover, gold and silver are showing signs of long-term strength while real estate may be in a bubble.”

The Federal Reserve’s recent interest rate hikes have contributed to a slowdown in the housing market, with Cardone urging the Fed to “get out of the way” to allow the market to stabilize. He argues that lower interest rates would encourage more mortgage applications and stimulate the housing market.

In light of these predictions, Cardone advises retirees to consider transitioning their investments from stock market-reliant 401(k)s to real assets that generate monthly cash flow, such as property. He claims to have helped many people do this without incurring penalties, and suggests that this approach can provide a more secure income during retirement. Meanwhile, Rose prefers moving retirement accounts like IRAs and 401 (k)s into physical precious metals that enjoy the same types of tax protections.

Reach out to Grant Cardone on his website or request a free, definitive gold guide from Genesis Gold Group.

Source: DailyMail

Here’s the full episode.

We covered the Council for Inclusive Capitalism who are the “tip of the spear” for the Globalist Elite Cabal. WE noted a growing conspiracy surrounding government censorship… twice. Rice is rising. Immigration policies are failing. Then, we talked to Jonathan Rose, co-founder of Genesis Gold Group.

Stories Covered:

• https://discern.tv/cic/
• https://reclaimthenet.org/cyber-threat-intelligence-leagues-censorship-empire
• https://www.zerohedge.com/commodities/rice-nears-15-year-high-global-food-crisis-much-worse-2008
• https://dailycallernewsfoundation.org/2023/11/30/brazilian-wanted-for-rape-of-a-minor-entered-the-us-on-tourist-visa/
• http://theeconomiccollapseblog.com/the-government-debt-crisis-that-we-have-been-warned-about-for-decades-is-happening-right-now/
• https://rumble.com/v3yw82n-thomas-massie-scolds-witness-olivia-troye-over-censorship-were-going-to-mak.html
• https://protectwealthnow.com

The stock market jumped on Thursday due solely to the inflation numbers from October. Those inflation numbers were impressive because everyone was expecting a red wave. Now that it didn’t happen, we can expect inflation to go up again (see article below) and the financial turmoil we’ve been experiencing for the last two years to continue. If Joe Biden is to be believed about pushing forward with his current agenda, our nation’s economic decline is going to accelerate even if Kevin McCarthy is Speaker of the House.

Does this mean we’re in for a full-blown recession? I asked Jonathan Rose from Genesis Gold Group that very question and others on today’s episode of The JD Rucker Show. According to Rose and other economic experts I’ve spoken to the last couple of days, the chances of a recession that starts in Europe and quickly spreads across the western world, including the United States, are very high. One noted economist who asked not to be identified said she was certain it will be coming next year.

This, more than anything else, is why I only keep mission-critical sponsors. I’ve passed on some of the most lucrative sponsor deals over the last year because I didn’t believe their products or companies were essential to Americans. Most have probably seen ads for companies that let you become a “Lord or Lady” for a fee. You’ve seen the chocolate berry ads. You’ve likely seen ads for identity protection. These sponsors pay extremely well, but I’m sticking with people like Jonathan because I earnestly believe it’s in everyone’s best interests to move their wealth or retirement to physical precious metals.

As Tom Ozimek from our premium news partners at The Epoch Times noted today, Janet Yellen is tamping expectations following yesterday’s positive inflation report, further reinforcing my stance that the time to move money to a safer harbor is right now:

Yellen Admits Inflation Could Rise Again but for Now It’s ‘Nice’ to See Softer Price Data

Treasury Secretary Janet Yellen said Friday that she’s not sure whether the rate of inflation has hit a peak and won’t accelerate again, apparently seeking to temper expectations after a government report showed inflation printing lower than markets predicted, sending stocks soaring.

“I don’t know if this is a turning point,” Yellen told Reuters in an interview in New Delhi, India, on Nov. 11, a day after the Commerce Department released data showing the annualized rate of U.S. inflation at a lower-than-expected 7.7 percent.

Market forecasts prior to the inflation data release put the figure at 8.0 percent, with the publication of the report sparking a sharp rally on Wall Street.

The better-than-expected price data also fueled market chatter about whether inflation has peaked and if subsequent reports would show a string of monthly declines.

But, like a number of market analysts, Yellen made clear it’s not reasonable to put too much stake into a single inflation report.

“I never make more of one data point. That is one data point,” Yellen said.

“It was certainly nice to see an inflation report that came in on the low side of expectations rather than the high side,” she continued, adding that there have been some early signs that inflation might be diminishing, though she did not go into detail.

Still No Meaningful Relief for Households

Greg McBride, chief financial analyst at Bankrate, told The Epoch Times in an emailed statement that even though the inflation data were better than investors expected, the fight against soaring prices is far from over.

“If this constitutes improvement, we’ve set a very low bar,” McBride said, adding that “the pervasiveness of price increases remains problematic.”

Even though the headline inflation number came in lower than markets expected, categories of basic necessities like food, energy, and shelter saw meaningful increases.

For example, the report showed that grocery store prices rose 12.4 percent year over year while energy prices advanced 17.6 percent in annual terms.

“The areas posting declines are for the most part either irregular or more discretionary in nature—airfare, used cars, and apparel,” McBride said. “Any meaningful relief for household budgets is still somewhere over the horizon.”

No Guarantee Inflation Has Peaked

Yellen’s remarks about the possibility that inflation could rise again also dovetail with those of President Joe Biden and other administration officials.

Biden acknowledged at a Nov. 9 press conference at the White House that there’s no guarantee inflation won’t rise again.

“I can’t guarantee that we’re going to be able to get rid of inflation, but I do think we can, we’ve already brought down the price of gasoline about a dollar a gallon across the board,” Biden said.

At $3.79 per gallon on average countrywide on Nov. 11, gas prices have eased off record highs of over $5 a gallon hit over the summer. Still, they remain $1.40 per gallon higher than when Biden took office.

Following the release of Thursday’s inflation report, Biden said in a statement that it would “take time” for inflation to fall back to normal levels and that “we could see setbacks along the way.”

In a similar vein, National Economic Council Director Brian Deese told CNBC on Thursday that the lower-than-expected inflation data released earlier in the day was welcome, it’s possible that the pace of price increases will accelerate.

“I think that it is welcome that we’re seeing some deceleration, certainly, and absolute price declines in certain goods categories as well,” Deese said.

“And certainly, there can be unexpected setbacks. There can be bumps in the road,” he added, saying it’s too soon to say whether the lower price pressures seen in the inflation report would persist over time.

Asked whether he’s unwilling to say that inflation has peaked, Deese replied by saying he’s willing to acknowledge some “moderation and deceleration” in inflation, which he said were “good indications” of what could come in the future.

But the future is uncertain, he cautioned, with no guarantee prices won’t accelerate again.

Today, it seems like more and more younger Americans are abandoning risky markets and moving their retirement accounts and portfolios to safer harbors. This is good for the individual but can be bad for the overall economy as money that has always helped drive the stock market and other investment types is being pushed to investments like physical precious metals. One Wall Street analyst who declined to be identified told me she’s never seen so much “new money” leaving the markets in her four decades in the industry.

The precious metals market has always been considered ideal for older Americans with their investments and retirement. The returns are steady and the risks are generally considered to be lower than having money tied up in the markets. It behooves those who want to protect what they’ve accumulated to move some or all of their investments into gold and silver, but over the past few months we’ve seen the ranks of younger Americans joining their older fellow citizens in jumping to precious metals.

Jonathan Rose from Genesis Gold, a Christian precious metals company, joined me again today to discuss this phenomenon. Is it just that the Biden-Harris economy is so bad, fewer people are wanting to stay in riskier markets? There’s actually more to it than that. I asked Mr. Rose about inflation, how interest rates are affecting Americans’ wealth and retirement, and what we can expect in the months and years to come.

The red wave that should be coming on Election Day will almost certainly have limited effect on the economy itself. Republican majorities will be able to slow the bleeding, but unless they can miraculously win super-majorities in both chambers that would allow them to overturn presidential vetoes, they will not be able to pass significant economic bills that become low. This is just another reason precious metals are becoming more popular to those who want to ride out the storm.

Mr. Rose explained that one of the most popular moves he’s seen lately is for those who have 401K accounts from previous employers to roll over those accounts into a Self-Directed IRA. This works at any age; sometimes even those who are in their 30s or 40s had accumulated substantial 401K accounts from past jobs and they’re ready to move that money to protect it from the Biden-Harris regime’s fiscal carnage.

For people under the age of 55, which has traditionally been a turning point for portfolio investment changes, to be moving money now does not bode well for the stock market or correlated investments. Wall Street needs “new money” flowing in for the system to operate well during a robust economy. During a down economy with high inflation and risks of recession, this phenomenon could be a death knell. Add to that the food shortages and energy crises that appear to be on the horizon and it’s abundantly clear why even those who have their whole professional lives ahead of them are “taking a break” by moving their money into precious metals.

As I often mention on my shows, I’m not fatalistic about the economy. I’ve been keeping my finger on the pulse of what the powers-that-be in the globalist elite cabal have been planning for us financially, and while things may seem very dire today, I’m also seeing indications that their machinations are falling short. Americans are tightening up their budgets appropriately, and while personal debt is at an all-time high it seems that general frugality is on the rise as well. I may be wrong but I believe the economic turmoil the cabal planned and initiated has not yielded the degree of collapse that they’d hoped to see. Perhaps I’m just being optimistic, but I do not see a full-blown economic collapse as likely in the next two years. We will have hardships, which is why precious metals make so much sense, but that doesn’t mean everyone’s buying bunkers in Montana and filling them with food, ammunition, and as many silver coins as they can purchase.

In other words, we’re not freaking out yet as a nation and that’s a good thing. Unlike ringing the alarm bells about such problems as the border invasion, Chinese takeover of American lands, Pandemic Panic Theater, or LGBTQIA+ supremacy, our economic woes do not require constant badgering about how bad things can get. We have to fight the various plans of the cabal head-on, but the economy is a different beast. Sentiment drives reality with the economy, so fearmongering can often turn into a self-fulfilling prophecy.

Be cautious. Be smart. But don’t panic. That’s the beauty of precious metals. If an economic collapse is avoided, gold and silver are still smart money. If an economic collapse comes, gold and silver are the smartest money.

Contact Jonathan over at Genesis Gold today if you’d like to move your wealth or retirement to precious metals. It’s the only Christian-operated America-First precious metals company we’ve found.

It is a best practice for investors — whether they’re brokers, “average” Americans with market-based retirements, or anywhere in between — to be watchful of what central bankers are doing. They have inside information. They pay a lot of smart people a lot of money to predict what’s going to happen. And most importantly, they have access to many of the financial levers and dials that determine how the various markets respond to events. This is why it should raise eyebrows to notice that central banks are in the process of buying as much gold and silver as they can get their hands on.

On today’s episode of The JD Rucker Show, I introduced our newest sponsor, Jonathan Rose from Genesis Gold Group. While we touched on his company briefly, our focus was on the economic turmoil the world is currently embroiled in and how this all ties back to the geopolitical machinations of world leaders, central bankers, and the powers-that-be.

Here is an article by Nicholas Anthony from FEE that breaks down what we’re seeing today:

Central Banks Are Purchasing Gold at Record Highs. Why?

The World Gold Council reported that central banks bought a historic high of 374.1 tons of gold this year.

As reported by Dion Rabouin at Axios, an unprecedented shift toward gold has been led by the financial authorities of the world in what appears to be a move away from the US dollar.

The World Gold Council reported that central banks bought a historic high of 374.1 tons of gold this year. While this move accounts for only 16 percent of total gold demand, it offers an inside look into the minds of the central bankers. It was only seven years ago that a survey of economists revealed significant disagreement with regard to the potential benefits of a gold standard. Do central bankers not agree with leading academic economists or is a different motive at play?

The Evolution of Money

The history of money has featured coins made from precious metals, privately issued IOUs that could be redeemed for precious metals, and government-issued IOUs that could similarly be redeemed for precious metals. Many have speculated that cryptocurrencies are the next step in this evolution, but could it be gold that is looming over the horizon?

Many have speculated that cryptocurrencies are the next step in this evolution, but could it be gold that is looming over the horizon? Although the history of money has trended toward greater degrees of government control, this new trend of gold accumulation raises many questions.

Is a Gold Standard Feasible?

In the Cato Journal, Lawrence White explores how the world might transition to a new gold standard. He notes two possible paths. First, a parallel gold standard could be allowed to grow alongside the current fiat currency. Alternatively, there could be a transition date in which a currency is then defined as some amount of gold.

While network effects require a painful inflation to occur for fiat currencies to lose their incumbency advantage, White explains that the second path offers an opportunity for a smooth transition.
For the switch to be effective (i.e. not cause inflation or deflation), the new parity will need to be based on the current price of gold. In one case, the Russian currency is the ruble. The ruble currently trades at 100,826.22 rubles per ounce of gold. With the Russian money supply around 9,339 billion rubles, the country would need to purchase 92,624,716.07 ounces of gold.

That number looks menacing, but a quick conversion cleans it up. With 32,000 ounces in a ton, that number becomes 2,894.52 tons. And this is a maximum amount that would be required with a 100 percent reserve ratio, not the historical ratios observed under both private and government banking. At a 20 percent reserve ratio, the requirement drops to only 578.9 tons! In terms of feasibility, that is less than 1 percent of the world supply of gold.

A Golden Hedge?

Rather than implementing a gold standard, it is also possible these countries are looking to insulate themselves from the US economy—a difficult prospect. When Adam Smith wrote The Wealth of Nations in 1776, one could get their investments out of a country with a few days’ horse ride. Unlike the majority of tasks over time, this has become much more difficult.

Russian President Vladimir Putin called for an increase in gold purchases as part of a “fiscal fortress” policy.

The global economy is more integrated than ever, and this integration hit center stage when the Great Recession rippled across the globe. With the US dollar on one side of most trade and utilized as a base in the majority of currency exchanges, there is little escape from the US economy.

For this reason, China has made calls for an IMF currency to replace the dollar as a global reserve currency. It is possible, due to the lack of traction this policy recommendation has received, that they simply decided to enact safeguards by investing in the original global reserve currency. In addition, Russian President Vladimir Putin called for an increase in gold purchases as part of a “fiscal fortress” policy of high reserves and low external debt.

Could Gold Be a Signal?

One last consideration lies in the state of modern international trade. Whether gold is being accumulated as a currency or an asset, the movements have not gone unnoticed. With hostility growing in the US-China trade war, it is possible the purchases are being made for leverage.

In game theory, opponents can make threats and promises, but this is mostly considered cheap talk. There’s no cost to say it and there is no cost to receive it. So, why not do it? It is for this reason that no player will change what their strategy is in response to cheap talk. However, signaling is a different matter. A credible signal is costly and separates the aces from the jokers.

Accumulating gold is a costly, credible signal.

In the case of the US-China trade war, China could use gold holdings to dump the dollar. If so, the US would incur a cost much higher than the revenue from tariffs levied on Chinese businesses and American citizens. By accumulating these holdings, China signals that coordination is a better long-term policy.

Closing Thoughts

The classical gold era featured lower mean inflation, smaller price level uncertainty, global network benefits, and fiscal discipline. These benefits are undeniable and enough to warrant a monetary authority’s attention. However, this is not to say it is the only thing worth their attention. The danger in leaving economic theory and entering practice is that there is an entire world full of complex dynamics to account for. Whether recent gold accumulation is merely a demonstration of political weight to leverage trade policy, a hedge against market turbulence, or a move toward a new gold standard is yet to be seen.

This article was originally published on FEE.org. Read the original article.