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Now that Donald Trump is officially the President-Elect, some are wondering if his presidency bodes ill for gold and silver prices.
“Considering everything we know, it’s ludicrous to think Trump will harm gold and silver prices,” said Jonathan Rose, CEO of Genesis Gold Group. “Gold rose 51% in his first term. I suspect they’ll rise even faster in a second term considering the state of geopolitics today.”
Precious metals have been consistently hitting record highs this year and the vast majority of analysts and bankers are predicting more of the same in 2025 now that Trump has won. Companies like BlackRock, Bank of America, and JPMorgan Chase are betting heavily on precious metals. Central banks have been buying up as much gold as they can for three years.
“The economic world is very different than it was in the past when Republican administrations hit precious metals prices,” Rose continued. “If anything, I would expect prices to rise faster now that Trump has won because of the backlash that will hit the nation.”
Genesis Gold Group is a faith-driven company that specializes in rolling over or transferring retirement accounts into a Genesis Gold IRA backed by physical precious metals. They can do so without tax-penalties and with little money out of pocket, allowing Americans to hedge their life’s savings against geopolitical turbulence.
With U.S. debt projected to hit $54 trillion by 2034, BRICS nations pushing for de-dollarization, and the possibility of war on multiple fronts, it behooves Americans to consider protecting their wealth or retirement with physical precious metals.
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The post Gold Skyrocketed 51% During Trump’s First Term – Will It Do The Same In Trump’s Second Term? appeared first on The Gateway Pundit.
Source: The Gateway Pundit
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