Faith-driven gold company warns of 'going to the moon' gold price predictions | The Gateway expert

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The precious metals industry is reeling from a prediction by highly respected economist Jim Rickards. That, combined with record prices for gold and silver, has prompted many Americans to consider investing their wealth or retirement in precious metals, but one faith-driven gold company warned against such moves.

According to Rickards, the gold price could soon exceed $27,000 per ounce. This is an update to a recent prediction.

“I've said before that gold could reach $15,000 by 2026,” Rickards began. “Today I am updating that prediction. My latest prediction is that gold could even reach above $27,000. I don't say that to attract attention or to shock people. It's not a gamble; it is the result of a rigorous analysis.”

Many precious metals companies seized on this prediction with marketing efforts directing investors and retirees to convert portions of their portfolios to gold. But for Jonathan Rose Genesis Gold GroupRickards' prediction opens the door to scams.

“If these companies can get people thinking around $27,000 an ounce, they can take advantage of people by dramatically overcharging for their precious metal products today,” Rose said. “This is why they are offering thousands of dollars in 'free' silver in hopes of getting people to take action for fear of missing out.”

Genesis Gold Group specializes in Genesis Gold IRAs backed by physical precious metals. They offer one free, definitive yellow pages and focusing on educating Americans to help them navigate the potentially treacherous financial waters.

Like a faith-driven companyGenesis wants people to make intelligent decisions based on reality, not fear or false hope.

“Look, we'll be happy if Rickards' predictions come true, because we know our customers are doing very well,” Rose said. “What we don't want is for them to pay too much for precious metals today because the salesperson at another company sold them on the idea that gold and silver are going to the moon.”

Rose's reasoned and honest approach to precious metals is consistent with the Biblical principles that drive his business. According to Rose, precious metals should be viewed as long-term investments to protect one's life savings, not as a get-rich-quick scheme.

“The upside of gold and silver is big and so I wouldn't dismiss Rickards' predictions,” he said. “But I've been in the industry long enough to know how other precious metals companies will use this forecast to their advantage, and not to the advantage of their compatriots.”

Click here to contact Genesis Gold Group today and learn how they can help you safeguard your savings with physical precious metals today.