Goldman Sachs recently released a report stating investors should buy gold to hedge against inflation if Donald Trump and Republicans sweep the 2024 election.
Goldman believes Trump's proposed policies could worsen inflation, therefore boosting the price of gold.
How likely is a Trump victory?
Polymarket (the world's largest prediction market) gives Trump a 63% chance of victory.
Not looking great for Kamala.
Even some House Democrats such as Jared Golden admit they believe Trump will win!
Goldman Sachs' recommendation to buy gold also coincides with a surge in gold purchases by central banks worldwide.
Bloomberg also reports, "Investors are expected to continue accumulating gold at an accelerated pace this year."
Both of which should drive gold prices up even more.
Gold is the right move to make in 2024, but acquiring gold the wrong way can cost you tens of thousands of dollars…
The rich use what we call the "Trump Loophole" to invest in gold and other precious metals without having to put up any cash.
The process is IRS-approved, tax-deferred, and penalty-free, and simple to navigate.
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