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UPDATE: Gold prices blew past $3,200 per ounce on Friday as multiple positive economic reports followed increased tariffs between the United States and China. Physical precious metals and their “safe haven” reputation are drawing the attention of people at or near retirement age who can now safely roll over or transfer their stock-heavy retirement accounts into a Genesis Gold IRA.
“A lot of our clients were waiting for the stock market prices to recover before making the move,” said Jonathan Rose, CEO of Genesis Gold Group. “They recovered after President Trump’s announcement but now appear to be going down. Today is going to be a busy day for us.”
Original: President Trump’s announcement that reciprocal tariffs are on hold for everyone other than China sent all of the various markets lurching. Some rose. Some fell. Gold and silver were among the winners.
This has prompted some to take the opportunity to move portions of their retirement out of the stock market and into physical precious metals now that stocks have had their “tariff recovery.” Jonathan Rose, CEO of Genesis Gold Group, noted that taking advantage of big days on Wall Street may behoove some retirees.
“The stock market shot up after President Trump made his announcement,” Rose said. “Once again, our phones have been ringing off the hook.”
Genesis Gold Group specializes in tax-free rollovers and transfers from current or past retirement accounts into a Genesis Gold IRA backed by physical precious metals. They are uniquely positioned for volatile economic times such as this because they employ sound strategies that are not dependent on gimmicks such as “free” or “bonus” silver.
Learn how Genesis Gold Group can help you make the move to the financial high ground of gold and silver.
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