We just had "Black Monday" with the Dow tumbling more than 1,000 points. It started Friday when global stock markets plummeted as investors reacted to signs of a weakening US economy. It may continue for weeks to come. The sell-off was triggered by a dismal jobs report showing the US unemployment rate rose to a near three-year high in July. Major US indices had already fallen the previous day after a raft of disappointing economic data. The declines were compounded by sharp drops in stock markets across Europe, Asia and Japan. The grim economic outlook has battered retirement savings, with 401(k)s and IRAs heavily invested in equities. "This was a wakeup call as Wall Street finally caught up with what Main Street has been saying for a while," said Jonathan Rose, CEO of Genesis Gold Group. "It's time for Americans to move their wealth or retirement into physical precious metals." Genesis Gold Group is a faith-driven precious metals company. Their open and honest approach to rollover or transfer retirement accounts into a Genesis Gold IRA streamlines the process. Mature Americans can defer taxes while seamlessly moving the money in their retirement accounts into the "safe haven" of physical precious metals. Genesis offers a free, definitive gold guide to help Americans learn quickly how to move forward. Find it here: Get Your Free Guide
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