Flashback: Ron Paul Exposed Why Supporters Of Big Government Hate Gold and Silver – And The True “Purpose Of Buying Gold”

Years ago, Ron Paul predicted the situation we’re in now.

He said big government would eventually spend too much. They would spend it on “wasteful pet programs, wars and corruption.”

And they wouldn’t stop.

Because “the people who run the printing presses have trouble shutting them off.”

Sound like today?

Here’s what he wrote in 2010:

“The arguments against gold are usually straw men, based on a fundamental misunderstanding of the purpose of buying gold. Gold is not a typical investment. It is a defense against the predictable behavior of governments to debase a fiat currency under its absolute control. The people who run the printing presses have trouble shutting them off. In order to limit one’s exposure to this reckless behavior, it is wise to exchange unsound assets for sound ones.

As the foundation of their power, their fiat currency, is rejected or avoided, government power is compromised. Fiat currencies trade the people’s freedom and security for the government’s freedom to squander the wealth of the nation on wasteful pet programs, wars, and corruption. This is why the freedom of the people is so intertwined with a sound monetary unit. This is also why the founders liked gold and silver, and supporters of big government hate them.”

A lot of Americans now believe Ron Paul was right.

They want to buy gold.

But those same Americans have their dollars tied up in IRAs.

What many don’t realize is that there is a solution:

It’s possible to move an IRA into a “self-directed” IRA that’s backed by gold and other precious metals.

If you don’t know how to do that or want to ask questions about the process, Genesis Gold Group can help.

Genesis Gold Group is a faith-driven precious metals company that only work with physical gold and silver because it can be stored on the customer’s behalf in a depository (plus, working with them through this link and the links below benefits WLT Report).

This isn’t “paper” or “virtual” gold or silver — Genesis Gold Group customers can physically see their precious metals at their convenience. And when it comes time to take a disbursement, they can convert to cash or have their precious metals shipped directly to their homes.

Genesis Gold Group has 5-star reviews on the Better Business Bureau website:

“They made it so easy to transfer part of the funds out of my company 401K to set up a precious metals IRA. Everyone I’ve dealt with there is friendly and knowledgeable.”

“With the downward turn in the market, I have been wanting to transfer my IRA to gold/precious metals. I am so happy that I came across Genesis Gold Group. They made the process seamless . . . They have knowledge, care, and patience with newbies, like me. They kept me informed along the way and reached out several times to see if I had any questions or concerns. I highly recommend them to anyone interested in investing in precious metals.”

“The people at Genesis Gold Group have been very helpful to get my 401k from stocks and bonds to silver coins on deposit. They are patient and explained each step and answered my numerous questions along the way.”

Click here to reach out today.

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 life’s savings of countless Americans.

Contact Genesis Gold Group today.

Related:

ALERT: Gold Is About To Become “Unobtainium”?

In the history of the world, it usually hasn’t been a bad idea to secure some of your assets in “God’s money” a/k/a Gold.

And boy do I have a big update for you on that.

Here are two of the best, Steve Quayle and Greg Hunter.

I always love listening to these two chat, even though they got a little chippy at the end, with Quayle chipping back “Did you not just hear me?”

That’s ok, stress and tensions running high.

But there was a LOT in this one and I will try to summarize a couple main points.

First, Quayle points out that China has been absolutely DUMPING U.S. Treasuries in recent months, and then accelerating the sales this week.

According to Quayle, they dumped so much this week they sold them for 15 cents on the dollar just to get out.

As Bo Polny keeps warning us, a failure of the U.S. Dollar (USD) $ is coming and this is how you get a failure.

When the second largest holder of U.S. Treasuries rage quits the market and dumps them at fire sale.

Take a look at this:

China cuts US Treasury holdings to lowest level since global financial crisis. And the sales are accelerating.

At the same time China is increasing its gold reserves. #gold pic.twitter.com/5JwJSkfRJg

— Wall Street Mav (@WallStreetMav) March 25, 2023

Ok, so to everyone who just tuned out when I started talking about Treasuries, let me explain to you why this matters.

DISCLAIMER: no, I am not a Financial Advisor and I’m definitely not YOUR Financial Advisor.  But I am a reporter and I report it like I see it.  Fair and honest.

Because the US Dollar is likely going down hard….

But that also means Gold is likely about to Moonshot.

Check this out:

Gold's new 8-Year Cycle looks to be confirmed now.

Leaving behind one hell of a sexy looking chart.

The narrative for a big bull market is certainly there. pic.twitter.com/PFv4TJ5KVS

— Bob Loukas 🗽 (@BobLoukas) March 25, 2023

I think you should get out of the banking system now. Shift your deposits into Gold, Silver or Crypto. You can't trust your Bank or the Govt. When the derivatives bubble pops no Govt will be able to print enough money to guarantee all deposits without causing hyperinflation.

— Kim Dotcom (@KimDotcom) March 25, 2023

The Hierarchy Of Money And The Case For $8,000 Gold https://t.co/52Ci27pQxZ

— zerohedge (@zerohedge) March 24, 2023

As for that last one, that would be going from $2,000/oz to $8,000/oz.

We call that a 4x move, or a 400% gain.

Wow.

You can watch the full interview here on Rumble:

If you already have gold, that’s great!

For everyone else….keep reading:

A Faith-Driven, Conservative Precious Metals Company You Can Use With Your IRA!

For the last year, central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells. Now, we see why.

The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the “elites” and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals.

If you’ve been waiting for me to bring you a solution about what YOU can do to protect yourself and you’re family, I’m happy to introduce you to something I absolutely love!

Precious metals.

I just talked about precious metals this week with Bo Polny and now I’m bringing you a solution that you can utilize right away if you’re so inclined…

A faith-driven, conservative precious metals company is currently helping Americans tap into the rising precious metals market through self-directed IRAs backed by physical precious metals. And while this service is not unique to Genesis, their adherence to Biblical stewardship of money makes them singularly qualified to receive a sponsored recommendation from this site.

Unlike most companies offering similar services, Genesis deals only with physical precious metals. They do not offer “virtual” or “paper” gold or silver.

With Genesis and their depositories, customers can see and touch the precious metals that back their retirement accounts. When it comes time to take distributions, Genesis customers can cash in some or all of their precious metals or have them delivered to their door.

Central bankers aren’t slowing down. In fact, nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear, it’s understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store.

Working with Genesis is the best way our readers can explore the physical precious metals market through self-directed IRAs. It benefits us as well when our readers work with this America-First company.

Visit genesiswlt.com or call 866-292-0443 today.

Don’t wait too long, we might have more bank failures right around the corner.

You know what has NEVER “failed”?

Gold.  Precious metals.  Indestructible.

There’s a reason they call it “God’s money”.

Watch this for more:

Stay safe!

(Note: The information provided by WLT Report or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.)