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In the world of “conspiracy theorists” the concept of fiat currency has long been anathema. Most still engage with the U.S. Dollar out of necessity but many have considered true value as being held in accumulating investments such as land, ammunition, barter items, and most recently cryptocurrencies.
Gold (and oftentimes silver) has risen in recent weeks as another investment through which apocalypse-minded Americans are holding value. The past skepticism towards physical precious metals started subsiding with the election of President Donald Trump and has continued to fall due to certain recent events.
“The second biggest reason for inquiries lately has been the possible outcomes of auditing Fort Knox,” said Jonathan Rose, CEO of Genesis Gold Group. “A whole lot of people believe that regardless of what President Trump and Elon Musk find there, that gold and silver prices are going to skyrocket.”
They may be right. While most analysists are still looking to gold prices hitting between $3,300 and $3,700 in 2025, some are thinking it’s going to go a lot higher than that in the next 6-12 months depending on what is found — or not found — at Fort Knox.
The mysteries and excuses associated with massive shipments of gold from London to New York have also been on the minds of many Americans concerned about their financial future.
“There’s that plus the fact that Russia and China are scrambling to accumulate gold right now,” Rose noted. “Between the nations making moves with gold and central banks doing the same, Americans are increasingly wanting physical precious metals to back their retirement.”
Genesis Gold Group specializes in tax-free rollovers and transfers of existing retirement accounts into a Genesis Gold IRA backed by physical precious metals.
What else has Americans making moves, particularly “conspiracy theorists”? The biggest reason that Rose has been hearing is something that was once seen as improbable but that is suddenly at top-of-mind for many economists and investors.
“Now that more people realize gold prices have been pegged on the balance sheet at $42 for decades, they’re wondering if that’s going to be modernized to real numbers anytime soon,” Rose said. “A lot of people want their retirement savings moved to physical precious metals BEFORE any future revaluations of gold and possibly silver.”
With the growing national debt, some suggest that revaluing gold is a viable option for the Trump administration.
Interest in protecting retirement accounts has never been higher than today. Contact Genesis Gold Group to see how they can help you get in before the next big spike in prices.
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