Many countries are unhappy with the U.S. dollar.
They see the debt taken on by the U.S. government and the trillions of dollars printed by the Fed — and wonder how long it can last.
The growing BRICS alliance (Brazil, Russia, India, China, South Africa, Iran, Saudi Arabia, Egypt, UAE, Ethiopia, Argentina) has been quietly stockpiling gold – and has accelerated purchases in the last year.
Here is chart of their gold reserves – note the steep rise recently:
It isn’t just foreign countries who are moving to hold more gold — many Americans with retirement accounts are doing the same thing.
In fact, so many Americans are moving retirement accounts to precious metals that some companies have had a hard time keeping up with demand.
Genesis Gold Group a faith-driven precious metals company, has been able to keep up with demand because their executives anticipated the surge and have leveraged their relationships to seamlessly keep the flow of wealth going into their customers’ depositories.
Plus, by rolling over any of the various types of retirement accounts their customers currently have, Genesis Gold Group has simplified the process of securing the…
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