On November 12, President-elect Donald Trump announced “the potential Manhattan Project of our time” in a letter published on X by Elon Musk. Of course, Trump was referring to the creation of the Department of Government Efficiency (DOGE), under the co-leadership of Musk and former Republican presidential candidate Vivek Ramaswamy.
DOGE’s mission is to cut $500 billion to $2 trillion from federal spending, which currently stands at a staggering $7.1 trillion as of this writing.
According to Trump, “To drive this kind of drastic change, [DOGE] will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.”
On November 20, Musk and Ramaswamy wrote an op-ed in The Wall Street Journal stating, “The entrenched and ever-growing bureaucracy represents an existential threat to our republic, and politicians have abetted it for too long.”
Musk and Ramaswamy are certainly right. In recent decades, the size and scope of the federal government has increased substantially, with little to show except for a mountain of debt and a labyrinth of rules and regulations concocted by unelected and therefore unaccountable bureaucrats. […]
— Read More: redstate.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
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