Central banks have been on a gold-buying spree. In June, the world’s central banks bought a net 55 tons of gold. China and Russia and the other BRICS nations have been moving toward gold and silver. Even Tanzania’s central bank is making a move, creating their first “National Gold Reserve.”
Why are central banks buying gold?
And why now?
One commentator has an answer: Insurance and control. Gold is insurance against the world financial system falling apart. And if the system falls apart, those with the gold will be in control. With the world’s financial system under stress, a lot of regular people are looking at the same strategy — they want to get their hands on physical gold and silver. So many Americans […]
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It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.