Over the last year, and especially the past 72 hours, the topic of gold price resetting has shifted from a fringe theory to mainstream discussion. The turning point came when former President Trump signed an executive order initiating the creation of a U.S. Sovereign Wealth Fund.
Standing beside him, Scott Bessent stated above: “We’re going to monetize the asset side of the U.S. balance sheet.” While various assets could be monetized, gold has captured the market’s attention.
Analyst Reactions and Market Sentiment
Following this announcement, market participants, particularly gold-focused analysts and traders, began speculating on gold’s role in the SWF. Financially literate communities, including GoldFix and ZeroHedge readers, Silver and Gold investors, and those familiar with the implications for bonds and spending, recognized the potential implications.
The monetization of gold—even if it does not involve direct bond purchases—could function similarly to quantitative easing (QE), with potentially inflationary consequences. In other words, raising the price of Gold and Silver held on the US Government balance sheet and then spending that money, will be bullish for inflation and bullish for Silver and Gold.
Banks and analysts reacted differently to this possibility. Some, like Bank of America and Citibank, started discussing gold in more candid terms without directly addressing the reset narrative. Bank of America’s $3,500 gold target referenced China’s insurance industry adoption as a key driver. Citibank’s report suggested a potential rise to $3,400 based on physical supply-demand models. Others, likely those with short bullion positions, either remained silent or avoided the subject altogether. […]
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
